AMN Healthcare Services, Inc. (NYSE:AMN) Shares Bought by Van ECK Associates Corp

Van ECK Associates Corp raised its position in AMN Healthcare Services, Inc. (NYSE:AMNGet Rating) by 9.9% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,383 shares of the company’s stock after acquiring an additional 125 shares during the quarter. Van ECK Associates Corp’s holdings in AMN Healthcare Services were worth $147,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Financial Gravity Asset Management Inc. grew its position in AMN Healthcare Services by 5.8% in the 2nd quarter. Financial Gravity Asset Management Inc. now owns 2,310 shares of the company’s stock valued at $3,068,000 after acquiring an additional 126 shares in the last quarter. CWM LLC boosted its stake in shares of AMN Healthcare Services by 26.0% in the 2nd quarter. CWM LLC now owns 635 shares of the company’s stock valued at $70,000 after buying an additional 131 shares during the period. Cetera Investment Advisers boosted its stake in shares of AMN Healthcare Services by 2.3% in the 1st quarter. Cetera Investment Advisers now owns 5,944 shares of the company’s stock valued at $620,000 after buying an additional 133 shares during the period. Northwest Investment Counselors LLC boosted its stake in shares of AMN Healthcare Services by 0.6% in the 2nd quarter. Northwest Investment Counselors LLC now owns 24,411 shares of the company’s stock valued at $2,678,000 after buying an additional 142 shares during the period. Finally, Strengthening Families & Communities LLC boosted its stake in shares of AMN Healthcare Services by 3.8% in the 2nd quarter. Strengthening Families & Communities LLC now owns 4,497 shares of the company’s stock valued at $470,000 after buying an additional 164 shares during the period. 96.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AMN shares. StockNews.com started coverage on AMN Healthcare Services in a research note on Wednesday, October 12th. They issued a “buy” rating for the company. BMO Capital Markets lifted their price objective on AMN Healthcare Services from $125.00 to $130.00 and gave the company an “outperform” rating in a research note on Monday, November 7th. Truist Financial lifted their price objective on AMN Healthcare Services from $130.00 to $140.00 in a research note on Friday, November 4th. Finally, Benchmark lifted their price objective on AMN Healthcare Services from $140.00 to $148.00 in a research note on Friday, November 4th. Five analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $142.60.

AMN Healthcare Services Price Performance

AMN stock opened at $96.12 on Friday. The business has a 50 day moving average price of $111.40 and a 200 day moving average price of $111.58. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 9.26, a PEG ratio of 3.70 and a beta of 0.36. AMN Healthcare Services, Inc. has a fifty-two week low of $82.75 and a fifty-two week high of $129.04. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.74.

AMN Healthcare Services (NYSE:AMNGet Rating) last posted its earnings results on Thursday, November 3rd. The company reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.33 by $0.24. 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 analysts’ expectations of $1.10 billion. During the same quarter in the previous year, the business earned $1.73 earnings per share. The firm’s revenue was up 29.7% compared to the same quarter last year. Equities research analysts anticipate that AMN Healthcare Services, Inc. will post 11.56 earnings per share for the current fiscal year.

Insider Buying and Selling at AMN Healthcare Services

In other AMN Healthcare Services news, insider Denise L. Jackson sold 1,002 shares of the business’s stock in a transaction that occurred on Friday, January 6th. The stock was sold at an average price of $109.30, for a total value of $109,518.60. Following the completion of the sale, the insider now owns 18,079 shares in the company, valued at $1,976,034.70. The sale was disclosed in a document filed with the SEC, which is available through this link. In other AMN Healthcare Services news, insider Denise L. Jackson sold 1,002 shares of the business’s stock in a transaction that occurred on Friday, January 6th. The stock was sold at an average price of $109.30, for a total value of $109,518.60. Following the completion of the sale, the insider now owns 18,079 shares in the company, valued at $1,976,034.70. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Denise L. Jackson sold 4,001 shares of the business’s stock in a transaction that occurred on Monday, January 9th. The shares were sold at an average price of $110.76, for a total value of $443,150.76. Following the completion of the sale, the insider now owns 14,078 shares of the company’s stock, valued at approximately $1,559,279.28. The disclosure for this sale can be found here. Over the last quarter, insiders sold 9,903 shares of company stock worth $1,130,869. 0.80% of the stock is owned by insiders.

About AMN Healthcare Services

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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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