International Assets Investment Management LLC Buys Shares of 35,418 AMN Healthcare Services, Inc. (NYSE:AMN)

International Assets Investment Management LLC purchased a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 35,418 shares of the company’s stock, valued at approximately $26,520,000.

Several other institutional investors and hedge funds also recently made changes to their positions in AMN. QRG Capital Management Inc. acquired a new stake in AMN Healthcare Services during the 3rd quarter worth approximately $211,000. Quantbot Technologies LP bought a new position in shares of AMN Healthcare Services during the third quarter valued at $240,000. Belpointe Asset Management LLC lifted its holdings in shares of AMN Healthcare Services by 7.3% during the third quarter. Belpointe Asset Management LLC now owns 3,219 shares of the company’s stock worth $274,000 after purchasing an additional 218 shares during the period. NBC Securities Inc. bought a new stake in shares of AMN Healthcare Services in the third quarter worth $296,000. Finally, Pathstone Family Office LLC increased its holdings in AMN Healthcare Services by 53.6% in the third quarter. Pathstone Family Office LLC now owns 4,284 shares of the company’s stock valued at $365,000 after purchasing an additional 1,495 shares during the period. Institutional investors and hedge funds own 99.23% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on AMN shares. Benchmark reaffirmed a “hold” rating on shares of AMN Healthcare Services in a report on Thursday. JMP Securities cut their price objective on AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating on the stock in a research note on Monday, February 26th. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Tuesday, April 23rd. Truist Financial dropped their price target on shares of AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating on the stock in a research report on Monday, April 22nd. Finally, BMO Capital Markets decreased their price objective on shares of AMN Healthcare Services from $85.00 to $83.00 and set an “outperform” rating for the company in a research report on Tuesday, February 20th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $85.00.

Insider Buying and Selling at AMN Healthcare Services

In other news, Director Jorge A. Caballero bought 2,000 shares of the stock in a transaction dated Wednesday, March 6th. The shares were bought at an average cost of $56.80 per share, with a total value of $113,600.00. Following the completion of the transaction, the director now directly owns 2,437 shares of the company’s stock, valued at $138,421.60. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other AMN Healthcare Services news, Director Jorge A. Caballero bought 2,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was bought at an average cost of $56.80 per share, with a total value of $113,600.00. Following the completion of the transaction, the director now directly owns 2,437 shares in the company, valued at approximately $138,421.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jeffrey R. Knudson purchased 6,951 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was acquired at an average cost of $57.75 per share, for a total transaction of $401,420.25. Following the transaction, the chief financial officer now owns 27,804 shares in the company, valued at approximately $1,605,681. The disclosure for this purchase can be found here. Over the last quarter, insiders bought 26,626 shares of company stock valued at $1,516,899. Company insiders own 0.93% of the company’s stock.

AMN Healthcare Services Stock Down 1.1 %

Shares of NYSE AMN opened at $59.57 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.57. The firm has a market cap of $2.26 billion, a PE ratio of 11.26 and a beta of 0.22. The company’s fifty day simple moving average is $59.15 and its 200 day simple moving average is $67.06. AMN Healthcare Services, Inc. has a 12-month low of $53.77 and a 12-month high of $112.44.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, February 15th. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.07. AMN Healthcare Services had a net margin of 5.56% and a return on equity of 38.29%. The company had revenue of $818.27 million for the quarter, compared to analysts’ expectations of $803.14 million. During the same quarter in the prior year, the firm earned $2.48 EPS. The business’s revenue was down 27.3% on a year-over-year basis. As a group, sell-side analysts forecast that AMN Healthcare Services, Inc. will post 3.86 earnings per share for the current fiscal year.

AMN Healthcare Services Profile

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.