Handelsbanken Fonder AB Sells 72,300 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Handelsbanken Fonder AB lowered its holdings in AMN Healthcare Services, Inc. (NYSE:AMN) by 23.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 237,616 shares of the company’s stock after selling 72,300 shares during the period. Handelsbanken Fonder AB’s holdings in AMN Healthcare Services were worth $17,793,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of AMN. Pacer Advisors Inc. boosted its holdings in AMN Healthcare Services by 145.8% in the 4th quarter. Pacer Advisors Inc. now owns 1,396,603 shares of the company’s stock valued at $104,578,000 after purchasing an additional 828,390 shares during the period. Teacher Retirement System of Texas boosted its holdings in AMN Healthcare Services by 3,287.3% in the 3rd quarter. Teacher Retirement System of Texas now owns 555,990 shares of the company’s stock valued at $47,359,000 after purchasing an additional 539,576 shares during the period. Boston Partners boosted its holdings in AMN Healthcare Services by 27.5% in the 3rd quarter. Boston Partners now owns 1,423,009 shares of the company’s stock valued at $120,774,000 after purchasing an additional 307,183 shares during the period. WCM Investment Management LLC boosted its holdings in AMN Healthcare Services by 86.9% in the 4th quarter. WCM Investment Management LLC now owns 368,192 shares of the company’s stock valued at $27,659,000 after purchasing an additional 171,217 shares during the period. Finally, New South Capital Management Inc. lifted its holdings in shares of AMN Healthcare Services by 33.5% during the 3rd quarter. New South Capital Management Inc. now owns 402,518 shares of the company’s stock worth $34,286,000 after acquiring an additional 101,027 shares during the period. Institutional investors own 99.23% of the company’s stock.

Insider Buying and Selling at AMN Healthcare Services

In other AMN Healthcare Services news, CEO Caroline Grace purchased 17,500 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was purchased at an average cost of $56.68 per share, for a total transaction of $991,900.00. Following the transaction, the chief executive officer now owns 27,178 shares in the company, valued at approximately $1,540,449.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other AMN Healthcare Services news, CEO Caroline Grace purchased 17,500 shares of the firm’s stock in a transaction on Tuesday, February 27th. The stock was purchased at an average cost of $56.68 per share, for a total transaction of $991,900.00. Following the transaction, the chief executive officer now owns 27,178 shares in the company, valued at approximately $1,540,449.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Jeffrey R. Knudson acquired 6,951 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were purchased at an average price of $57.75 per share, with a total value of $401,420.25. Following the completion of the transaction, the chief financial officer now owns 27,804 shares of the company’s stock, valued at $1,605,681. The disclosure for this purchase can be found here. In the last ninety days, insiders acquired 26,626 shares of company stock worth $1,516,899. 0.93% of the stock is currently owned by company insiders.

AMN Healthcare Services Price Performance

Shares of NYSE:AMN opened at $56.51 on Tuesday. The company has a market cap of $2.14 billion, a price-to-earnings ratio of 10.68 and a beta of 0.22. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a 50 day simple moving average of $60.30 and a 200 day simple moving average of $68.06. AMN Healthcare Services, Inc. has a one year low of $53.77 and a one year high of $112.44.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, February 15th. The company reported $1.32 EPS 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 business had revenue of $818.27 million during the quarter, compared to the consensus estimate of $803.14 million. During the same quarter in the prior year, the firm earned $2.48 EPS. The firm’s revenue was down 27.3% compared to the same quarter last year. Research analysts predict that AMN Healthcare Services, Inc. will post 3.97 earnings per share for the current fiscal year.

Analyst Ratings Changes

AMN has been the subject of a number of recent analyst reports. BMO Capital Markets cut their price target 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. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a report on Tuesday. JMP Securities cut their price target on shares of AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating for the company in a report on Monday, February 26th. Finally, Truist Financial cut their price target on shares of AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating for the company in a report on Monday. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $85.00.

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.