AMN Healthcare Services, Inc. (NYSE:AMN) Shares Acquired by Hudson Edge Investment Partners Inc.

Hudson Edge Investment Partners Inc. grew its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 11.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,548 shares of the company’s stock after buying an additional 669 shares during the period. Hudson Edge Investment Partners Inc.’s holdings in AMN Healthcare Services were worth $490,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of AMN. WealthPlan Investment Management LLC raised its position in AMN Healthcare Services by 29,603.8% in the 3rd quarter. WealthPlan Investment Management LLC now owns 15,446 shares of the company’s stock valued at $1,316,000 after purchasing an additional 15,394 shares during the last quarter. Quantbot Technologies LP purchased a new stake in AMN Healthcare Services in the 3rd quarter valued at $240,000. Janney Montgomery Scott LLC raised its position in AMN Healthcare Services by 6.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 10,558 shares of the company’s stock valued at $900,000 after purchasing an additional 605 shares during the last quarter. ProVise Management Group LLC purchased a new stake in AMN Healthcare Services in the 3rd quarter valued at $504,000. Finally, Burney Co. raised its position in AMN Healthcare Services by 0.5% in the 3rd quarter. Burney Co. now owns 188,663 shares of the company’s stock valued at $16,070,000 after purchasing an additional 910 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Insider Buying and Selling at AMN Healthcare Services

In related news, Director Jorge A. Caballero bought 2,000 shares of the business’s stock in a transaction on Wednesday, March 6th. The shares were bought at an average cost of $56.80 per share, for a total transaction of $113,600.00. Following the completion of the purchase, the director now owns 2,437 shares of the company’s stock, valued at approximately $138,421.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.93% of the stock is currently owned by company insiders.

AMN Healthcare Services Stock Performance

AMN Healthcare Services stock traded down $1.08 during mid-day trading on Tuesday, reaching $54.38. The company’s stock had a trading volume of 411,629 shares, compared to its average volume of 775,662. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 14.62 and a beta of 0.18. The business has a 50 day moving average price of $58.13 and a 200-day moving average price of $65.20. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.49. AMN Healthcare Services, Inc. has a twelve month low of $53.00 and a twelve month high of $112.44.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, May 9th. The company reported $0.97 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $820.90 million during the quarter, compared to the consensus estimate of $816.54 million. AMN Healthcare Services had a net margin of 4.13% and a return on equity of 31.39%. The firm’s revenue was down 27.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.49 earnings per share. Sell-side analysts predict that AMN Healthcare Services, Inc. will post 3.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Friday, May 10th. Benchmark reaffirmed a “hold” rating on shares of AMN Healthcare Services in a research note on Tuesday, May 28th. BMO Capital Markets decreased their price target on shares of AMN Healthcare Services from $80.00 to $71.00 and set an “outperform” rating on the stock in a research note on Monday, May 13th. Truist Financial decreased 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 note on Monday, April 22nd. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $75.00 price target on shares of AMN Healthcare Services in a research note on Friday, May 10th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $75.57.

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.