AMN Healthcare Services, Inc. (NYSE:AMN) Shares Purchased by Mission Wealth Management LP

Mission Wealth Management LP grew its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 13.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 12,417 shares of the company’s stock after acquiring an additional 1,427 shares during the quarter. Mission Wealth Management LP’s holdings in AMN Healthcare Services were worth $930,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. GAMMA Investing LLC acquired a new stake in shares of AMN Healthcare Services in the 4th quarter worth approximately $31,000. QRG Capital Management Inc. acquired a new position in AMN Healthcare Services during the third quarter worth about $211,000. Quantbot Technologies LP bought a new stake in AMN Healthcare Services in the third quarter worth about $240,000. Belpointe Asset Management LLC boosted its position in shares of AMN Healthcare Services by 7.3% during the 3rd quarter. Belpointe Asset Management LLC now owns 3,219 shares of the company’s stock valued at $274,000 after purchasing an additional 218 shares in the last quarter. Finally, NBC Securities Inc. acquired a new position in shares of AMN Healthcare Services in the 3rd quarter worth approximately $296,000. Institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Trading Down 0.1 %

NYSE AMN opened at $59.90 on Thursday. AMN Healthcare Services, Inc. has a 1-year low of $53.77 and a 1-year high of $112.44. The firm’s fifty day simple moving average is $58.99 and its 200-day simple moving average is $67.20. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.57. The company has a market capitalization of $2.27 billion, a PE ratio of 11.32 and a beta of 0.22.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, February 15th. The company reported $1.32 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $818.27 million for the quarter, compared to analyst estimates of $803.14 million. During the same quarter last year, the firm earned $2.48 earnings per share. The company’s revenue for the quarter was down 27.3% on a year-over-year basis. As a group, sell-side analysts anticipate that AMN Healthcare Services, Inc. will post 3.86 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. 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 report on Monday, April 22nd. StockNews.com raised AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday, April 23rd. JMP Securities dropped their price target 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. Finally, BMO Capital Markets decreased their target price on shares of AMN Healthcare Services from $85.00 to $83.00 and set an “outperform” rating for the company in a report on Tuesday, February 20th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $85.00.

Insider Activity

In other news, CEO Caroline Grace acquired 17,500 shares of AMN Healthcare Services stock in a transaction dated Tuesday, February 27th. The stock was acquired at an average cost of $56.68 per share, for a total transaction of $991,900.00. Following the completion of the purchase, the chief executive officer now owns 27,178 shares of the company’s stock, valued at $1,540,449.04. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, Director Jorge A. Caballero bought 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 6th. The stock was purchased at an average cost of $56.80 per share, for a total transaction of $113,600.00. Following the purchase, the director now directly owns 2,437 shares in the company, valued at $138,421.60. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CEO Caroline Grace purchased 17,500 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was bought at an average price of $56.68 per share, for a total transaction of $991,900.00. Following the completion of the transaction, the chief executive officer now directly owns 27,178 shares in the company, valued at $1,540,449.04. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 26,626 shares of company stock valued at $1,516,899. Insiders own 0.93% of the company’s stock.

About AMN Healthcare Services

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.