AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. cut its stake in AMN Healthcare Services, Inc. (NYSE:AMNFree Report) by 6.3% in the third quarter, HoldingsChannel reports. The fund owned 4,220,990 shares of the company’s stock after selling 282,252 shares during the period. Vanguard Group Inc. owned 0.11% of AMN Healthcare Services worth $359,544,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Barclays PLC lifted its holdings in AMN Healthcare Services by 0.4% in the fourth quarter. Barclays PLC now owns 35,478 shares of the company’s stock valued at $3,647,000 after acquiring an additional 132 shares during the period. Cetera Investment Advisers lifted its holdings in AMN Healthcare Services by 2.3% in the first quarter. Cetera Investment Advisers now owns 5,944 shares of the company’s stock valued at $620,000 after acquiring an additional 133 shares during the period. CIBC Private Wealth Group LLC raised its stake in shares of AMN Healthcare Services by 0.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 39,137 shares of the company’s stock worth $4,147,000 after buying an additional 137 shares during the period. Cetera Advisor Networks LLC raised its stake in shares of AMN Healthcare Services by 2.6% during the 2nd quarter. Cetera Advisor Networks LLC now owns 6,036 shares of the company’s stock worth $659,000 after buying an additional 155 shares during the period. Finally, Advisors Asset Management Inc. raised its stake in shares of AMN Healthcare Services by 1.9% during the 1st quarter. Advisors Asset Management Inc. now owns 8,838 shares of the company’s stock worth $733,000 after buying an additional 164 shares during the period. 99.23% of the stock is owned by institutional investors and hedge funds.

AMN Healthcare Services Trading Down 0.8 %

Shares of AMN stock opened at $61.84 on Wednesday. The stock’s fifty day moving average is $66.51 and its two-hundred day moving average is $71.55. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a market capitalization of $2.34 billion, a P/E ratio of 11.69 and a beta of 0.21. AMN Healthcare Services, Inc. has a fifty-two week low of $53.77 and a fifty-two week high of $112.44.

AMN Healthcare Services (NYSE:AMNGet Free Report) last announced its quarterly earnings data on Thursday, February 15th. The company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.25 by $0.07. AMN Healthcare Services had a return on equity of 38.29% and a net margin of 5.56%. The company had revenue of $818.27 million for the quarter, compared to analyst estimates of $803.14 million. During the same quarter last year, the firm posted $2.48 EPS. The firm’s revenue for the quarter was down 27.3% on a year-over-year basis. Research analysts expect that AMN Healthcare Services, Inc. will post 3.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on AMN. UBS Group began coverage on AMN Healthcare Services in a research note on Thursday, November 30th. They set a “neutral” rating and a $73.00 target price for the company. JMP Securities reduced their target price on AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating for the company in a research note on Monday, February 26th. Truist Financial reaffirmed a “buy” rating and set a $88.00 target price on shares of AMN Healthcare Services in a research note on Tuesday, December 5th. StockNews.com downgraded AMN Healthcare Services from a “hold” rating to a “sell” rating in a research note on Thursday, March 21st. Finally, BMO Capital Markets reduced their target price on AMN Healthcare Services from $85.00 to $83.00 and set an “outperform” rating for the company in a research note on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, AMN Healthcare Services has an average rating of “Hold” and a consensus price target of $87.25.

Get Our Latest Research Report on AMN Healthcare Services

Insiders Place Their Bets

In related news, CEO Caroline Grace bought 17,500 shares of the business’s stock in a transaction on Tuesday, February 27th. The stock was acquired at an average cost of $56.68 per share, with a total value of $991,900.00. Following the purchase, the chief executive officer now directly owns 27,178 shares of the company’s stock, valued at $1,540,449.04. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, Director Jorge A. Caballero bought 2,000 shares of the business’s stock in a transaction on Wednesday, March 6th. The stock was acquired at an average cost of $56.80 per share, with a total value of $113,600.00. Following the purchase, the director now directly owns 2,437 shares of the company’s stock, valued at $138,421.60. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Caroline Grace bought 17,500 shares of the business’s stock in a transaction on Tuesday, February 27th. The stock was bought at an average cost of $56.68 per share, with a total value of $991,900.00. Following the completion of the purchase, the chief executive officer now directly owns 27,178 shares in the company, valued at $1,540,449.04. The disclosure for this purchase can be found here. Insiders purchased 26,626 shares of company stock valued at $1,516,899 in the last three months. 0.93% of the stock is currently owned by insiders.

AMN Healthcare Services Company Profile

(Free Report)

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.

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Institutional Ownership by Quarter for AMN Healthcare Services (NYSE:AMN)

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