Cross Country Healthcare, Inc. $CCRN Shares Sold by GABELLI & Co INVESTMENT ADVISERS INC.

GABELLI & Co INVESTMENT ADVISERS INC. lessened its stake in Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 42.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 236,850 shares of the business services provider’s stock after selling 178,300 shares during the quarter. GABELLI & Co INVESTMENT ADVISERS INC. owned 0.72% of Cross Country Healthcare worth $3,363,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CCRN. BNP Paribas Financial Markets boosted its holdings in shares of Cross Country Healthcare by 50.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 3,424 shares of the business services provider’s stock valued at $45,000 after buying an additional 1,142 shares in the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of Cross Country Healthcare by 422.0% in the second quarter. Tower Research Capital LLC TRC now owns 3,586 shares of the business services provider’s stock valued at $47,000 after purchasing an additional 2,899 shares during the period. SG Americas Securities LLC purchased a new position in Cross Country Healthcare during the 3rd quarter worth $171,000. Envestnet Asset Management Inc. purchased a new position in Cross Country Healthcare during the second quarter worth about $201,000. Finally, Exchange Traded Concepts LLC lifted its holdings in shares of Cross Country Healthcare by 19.0% in the 3rd quarter. Exchange Traded Concepts LLC now owns 20,383 shares of the business services provider’s stock valued at $289,000 after buying an additional 3,251 shares during the period. 96.03% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on CCRN shares. Citizens Jmp set a $11.00 price objective on shares of Cross Country Healthcare in a report on Thursday, December 4th. Wedbush began coverage on Cross Country Healthcare in a research report on Tuesday, February 3rd. They set a “neutral” rating and a $11.00 price objective for the company. Cross Research set a $14.00 price target on Cross Country Healthcare in a report on Thursday. Benchmark upgraded shares of Cross Country Healthcare from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a report on Thursday. Finally, Zacks Research upgraded Cross Country Healthcare from a “strong sell” rating to a “hold” rating in a report on Monday, January 19th. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $12.03.

Cross Country Healthcare Price Performance

NASDAQ CCRN opened at $9.82 on Friday. The company has a market capitalization of $321.70 million, a price-to-earnings ratio of -3.35, a price-to-earnings-growth ratio of 7.27 and a beta of 0.42. Cross Country Healthcare, Inc. has a 12 month low of $7.43 and a 12 month high of $16.18. The company’s fifty day moving average price is $8.69 and its two-hundred day moving average price is $10.74.

Cross Country Healthcare (NASDAQ:CCRN) last released its earnings results on Wednesday, March 4th. The business services provider reported ($0.06) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.09). The company had revenue of $236.76 million during the quarter, compared to the consensus estimate of $254.30 million. Cross Country Healthcare had a positive return on equity of 0.13% and a negative net margin of 9.00%.Cross Country Healthcare has set its Q1 2026 guidance at -0.060–0.040 EPS. As a group, analysts anticipate that Cross Country Healthcare, Inc. will post 0.53 EPS for the current year.

About Cross Country Healthcare

Cross Country Healthcare, Inc, headquartered in Boca Raton, Florida, is a leading provider of healthcare workforce solutions in the United States. The company specializes in the recruitment, placement and management of nursing and allied health professionals on both a travel and permanent basis. Through its integrated platform, Cross Country Healthcare serves hospitals, health systems, and long-term care facilities by matching qualified clinical talent with patient care needs across diverse care settings.

The company’s core service offerings include travel nurse and allied health staffing, per diem staffing, permanent placement services, and managed services programs.