Andrew M. Stern Sells 10,000 Shares of AMN Healthcare Services Inc (AMN) Stock

AMN Healthcare Services Inc (NYSE:AMN) Director Andrew M. Stern sold 10,000 shares of the firm’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $42.89, for a total value of $428,900.00. Following the completion of the sale, the director now directly owns 6,668 shares in the company, valued at $285,990.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

AMN Healthcare Services Inc (NYSE AMN) opened at $43.25 on Wednesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.81 and a quick ratio of 1.81. The company has a market capitalization of $2,106.76, a PE ratio of 17.29 and a beta of 0.41. AMN Healthcare Services Inc has a 1 year low of $30.80 and a 1 year high of $46.60.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.60 by $0.03. The firm had revenue of $494.41 million during the quarter, compared to the consensus estimate of $493.89 million. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The business’s quarterly revenue was up 4.6% on a year-over-year basis. During the same period last year, the company earned $0.62 earnings per share. equities research analysts anticipate that AMN Healthcare Services Inc will post 2.57 EPS for the current fiscal year.

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A number of institutional investors have recently bought and sold shares of the business. Simcoe Capital Management LLC raised its position in AMN Healthcare Services by 12.2% in the third quarter. Simcoe Capital Management LLC now owns 570,704 shares of the company’s stock valued at $26,081,000 after purchasing an additional 62,120 shares during the last quarter. Stifel Financial Corp raised its position in shares of AMN Healthcare Services by 8.1% during the third quarter. Stifel Financial Corp now owns 346,409 shares of the company’s stock worth $15,816,000 after acquiring an additional 25,956 shares during the last quarter. Kestrel Investment Management Corp bought a new position in shares of AMN Healthcare Services during the third quarter worth about $9,897,000. Dimensional Fund Advisors LP raised its position in shares of AMN Healthcare Services by 1.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,728,269 shares of the company’s stock worth $78,981,000 after acquiring an additional 23,613 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. raised its position in shares of AMN Healthcare Services by 12.2% during the third quarter. Schwab Charles Investment Management Inc. now owns 248,510 shares of the company’s stock worth $11,357,000 after acquiring an additional 27,031 shares during the last quarter.

AMN has been the topic of several research analyst reports. ValuEngine lowered AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. BMO Capital Markets reaffirmed a “buy” rating and issued a $43.00 price objective on shares of AMN Healthcare Services in a research note on Friday, September 1st. Robert W. Baird raised their price objective on AMN Healthcare Services from $41.00 to $43.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd. Zacks Investment Research raised AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Tuesday, October 3rd. Finally, Benchmark Co. reaffirmed a “buy” rating and issued a $52.00 price objective (up from $47.00) on shares of AMN Healthcare Services in a research note on Wednesday, October 25th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $47.13.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.

Insider Buying and Selling by Quarter for AMN Healthcare Services (NYSE:AMN)

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