Swiss National Bank Decreases Stock Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Swiss National Bank reduced its position in AMN Healthcare Services, Inc. (NYSE:AMNGet Rating) by 1.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 109,900 shares of the company’s stock after selling 1,900 shares during the quarter. Swiss National Bank’s holdings in AMN Healthcare Services were worth $12,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in AMN. Quadrant Capital Group LLC grew its position in shares of AMN Healthcare Services by 53.3% in the first quarter. Quadrant Capital Group LLC now owns 391 shares of the company’s stock valued at $41,000 after purchasing an additional 136 shares in the last quarter. HBC Financial Services PLLC purchased a new position in shares of AMN Healthcare Services in the first quarter valued at $41,000. Archer Investment Corp purchased a new position in shares of AMN Healthcare Services in the first quarter valued at $52,000. CWM LLC grew its position in shares of AMN Healthcare Services by 26.0% in the second quarter. CWM LLC now owns 635 shares of the company’s stock valued at $70,000 after purchasing an additional 131 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its position in shares of AMN Healthcare Services by 472.1% in the second quarter. First Horizon Advisors Inc. now owns 738 shares of the company’s stock valued at $80,000 after purchasing an additional 609 shares in the last quarter. 96.36% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider Denise L. Jackson sold 6,330 shares of the business’s stock in a transaction dated Friday, August 26th. The stock was sold at an average price of $107.09, for a total value of $677,879.70. Following the completion of the sale, the insider now owns 18,267 shares of the company’s stock, valued at approximately $1,956,213.03. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, insider Denise L. Jackson sold 6,330 shares of the business’s stock in a transaction dated Friday, August 26th. The stock was sold at an average price of $107.09, for a total value of $677,879.70. Following the completion of the sale, the insider now owns 18,267 shares of the company’s stock, valued at approximately $1,956,213.03. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Douglas D. Wheat sold 4,900 shares of the business’s stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $118.00, for a total value of $578,200.00. Following the completion of the sale, the director now directly owns 65 shares of the company’s stock, valued at approximately $7,670. The disclosure for this sale can be found here. Corporate insiders own 0.80% of the company’s stock.

AMN Healthcare Services Trading Up 2.5 %

Shares of AMN stock opened at $120.94 on Friday. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.74. The business has a 50-day moving average price of $113.44 and a two-hundred day moving average price of $107.67. AMN Healthcare Services, Inc. has a 12-month low of $82.75 and a 12-month high of $129.12. The firm has a market cap of $5.24 billion, a P/E ratio of 11.65, a price-to-earnings-growth ratio of 3.10 and a beta of 0.32.

AMN Healthcare Services (NYSE:AMNGet Rating) last issued its quarterly earnings results on Thursday, November 3rd. The company reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.20. AMN Healthcare Services had a return on equity of 51.47% and a net margin of 8.73%. The firm had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the previous year, the company posted $1.73 earnings per share. The company’s revenue was up 29.7% compared to the same quarter last year. Equities analysts anticipate that AMN Healthcare Services, Inc. will post 11.43 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Credit Suisse Group boosted their target price on AMN Healthcare Services to $125.00 in a research report on Tuesday, August 9th. StockNews.com assumed coverage on AMN Healthcare Services in a research report on Wednesday, October 12th. They set a “buy” rating for the company. BMO Capital Markets boosted their target price on AMN Healthcare Services from $125.00 to $130.00 and gave the stock an “outperform” rating in a research report on Monday, November 7th. Benchmark boosted their target price on AMN Healthcare Services from $140.00 to $148.00 in a research report on Friday, November 4th. Finally, Truist Financial boosted their target price on AMN Healthcare Services from $130.00 to $140.00 in a research report on Friday, November 4th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $142.60.

AMN Healthcare Services Company Profile

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AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to hospitals and 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, rapid response nurse staffing and labor disruption, allied staffing, local staffing, and revenue cycle solutions.

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Institutional Ownership by Quarter for AMN Healthcare Services (NYSE:AMN)

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