Cross Country Healthcare, Inc. $CCRN Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its position in shares of Cross Country Healthcare, Inc. (NASDAQ:CCRN) by 42.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 294,845 shares of the business services provider’s stock after purchasing an additional 88,407 shares during the quarter. JPMorgan Chase & Co. owned 0.90% of Cross Country Healthcare worth $4,187,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of CCRN. BNP Paribas Financial Markets boosted its stake in Cross Country Healthcare by 50.0% during the second 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 raised its position in 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 worth $47,000 after acquiring an additional 2,899 shares in the last quarter. Vazirani Asset Management LLC bought a new stake in Cross Country Healthcare in the third quarter worth about $142,000. Brooklyn Investment Group lifted its holdings in Cross Country Healthcare by 228.9% in the 3rd quarter. Brooklyn Investment Group now owns 10,583 shares of the business services provider’s stock valued at $150,000 after acquiring an additional 7,365 shares during the last quarter. Finally, Gamco Investors INC. ET AL bought a new position in shares of Cross Country Healthcare during the 3rd quarter valued at about $160,000. Institutional investors own 96.03% of the company’s stock.

Analyst Upgrades and Downgrades

CCRN has been the subject of several recent research reports. UBS Group cut their target price on shares of Cross Country Healthcare from $16.50 to $9.00 and set a “neutral” rating for the company in a research note on Tuesday, December 9th. Wedbush raised Cross Country Healthcare from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $11.00 to $15.00 in a research report on Thursday, March 19th. Cross Research set a $14.00 price target on Cross Country Healthcare in a research report on Thursday, March 5th. Zacks Research upgraded Cross Country Healthcare from a “strong sell” rating to a “hold” rating in a report on Monday, January 19th. Finally, Truist Financial set a $10.00 target price on shares of Cross Country Healthcare in a research report on Tuesday, December 16th. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Cross Country Healthcare currently has an average rating of “Hold” and a consensus price target of $12.53.

Cross Country Healthcare Stock Performance

NASDAQ:CCRN opened at $9.18 on Friday. The firm has a market capitalization of $295.59 million, a price-to-earnings ratio of -3.13, a PEG ratio of 9.66 and a beta of 0.34. Cross Country Healthcare, Inc. has a 1-year low of $7.43 and a 1-year high of $15.01. The business’s fifty day moving average price is $9.05 and its 200 day moving average price is $10.18.

Cross Country Healthcare (NASDAQ:CCRN) last announced its quarterly earnings data on Wednesday, March 4th. The business services provider reported ($0.06) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.09). The business had revenue of $236.76 million for the quarter, compared to analyst estimates 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. Equities analysts forecast that Cross Country Healthcare, Inc. will post 0.53 earnings per share for the current year.

Cross Country Healthcare Profile

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.