White Knight Strategic Wealth Advisors LLC Buys 2,075 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

White Knight Strategic Wealth Advisors LLC lifted its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 15.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,940 shares of the company’s stock after buying an additional 2,075 shares during the quarter. White Knight Strategic Wealth Advisors LLC’s holdings in AMN Healthcare Services were worth $676,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Truvestments Capital LLC acquired a new stake in AMN Healthcare Services in the third quarter valued at approximately $30,000. Mather Group LLC. purchased a new position in AMN Healthcare Services in the second quarter worth $31,000. Nisa Investment Advisors LLC raised its position in AMN Healthcare Services by 41.4% in the second quarter. Nisa Investment Advisors LLC now owns 748 shares of the company’s stock worth $38,000 after acquiring an additional 219 shares during the period. GAMMA Investing LLC boosted its stake in AMN Healthcare Services by 232.4% in the second quarter. GAMMA Investing LLC now owns 1,160 shares of the company’s stock valued at $59,000 after acquiring an additional 811 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its position in AMN Healthcare Services by 455.0% in the third quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock worth $63,000 after buying an additional 1,224 shares during the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.

AMN Healthcare Services Stock Down 1.0 %

NYSE AMN opened at $26.03 on Friday. The company has a market capitalization of $991.07 million, a P/E ratio of 18.86 and a beta of 0.13. The stock has a 50 day moving average price of $35.61 and a 200-day moving average price of $47.60. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18. AMN Healthcare Services, Inc. has a one year low of $23.37 and a one year high of $80.22.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. The firm had revenue of $687.51 million during the quarter, compared to analyst estimates of $670.08 million. During the same period last year, the company earned $1.97 EPS. As a group, equities analysts predict that AMN Healthcare Services, Inc. will post 3.09 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on AMN shares. Bank of America cut shares of AMN Healthcare Services from a “neutral” rating to an “underperform” rating and lowered their target price for the company from $65.00 to $48.00 in a report on Monday, October 7th. JMP Securities cut their price target on shares of AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating for the company in a research note on Tuesday, October 22nd. BMO Capital Markets dropped their price target on AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating for the company in a research note on Monday, November 11th. UBS Group reduced their price target on shares of AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating on the stock in a research report on Friday, August 9th. Finally, William Blair cut AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a report on Friday, November 8th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $48.33.

Insider Transactions at AMN Healthcare Services

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the firm’s stock in a transaction on Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total value of $90,810.90. Following the completion of the transaction, the chief financial officer now owns 37,550 shares of the company’s stock, valued at approximately $1,385,595. This trade represents a 6.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.93% of the company’s stock.

AMN Healthcare Services Company 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.