GAMMA Investing LLC Takes $31,000 Position in AMN Healthcare Services, Inc. (NYSE:AMN)

GAMMA Investing LLC acquired a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 415 shares of the company’s stock, valued at approximately $31,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. increased its position in AMN Healthcare Services by 212.7% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 23,253 shares of the company’s stock worth $1,981,000 after purchasing an additional 15,817 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of AMN Healthcare Services by 7.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,125 shares of the company’s stock worth $692,000 after buying an additional 598 shares in the last quarter. Park Avenue Securities LLC acquired a new position in shares of AMN Healthcare Services in the third quarter valued at approximately $367,000. Whittier Trust Co. lifted its stake in shares of AMN Healthcare Services by 4.2% during the third quarter. Whittier Trust Co. now owns 51,577 shares of the company’s stock valued at $4,393,000 after buying an additional 2,070 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in shares of AMN Healthcare Services by 1.9% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 27,338 shares of the company’s stock valued at $2,329,000 after buying an additional 497 shares during the period. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

AMN has been the subject of several analyst reports. Truist Financial cut their price target on AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating for the company in a report on Monday, April 22nd. Benchmark reissued a “hold” rating on shares of AMN Healthcare Services in a research note on Thursday. StockNews.com raised shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, April 23rd. JMP Securities cut their price objective on shares of AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating on the stock in a report on Monday, February 26th. Finally, BMO Capital Markets lowered 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 research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $82.86.

AMN Healthcare Services Trading Down 1.1 %

NYSE AMN opened at $59.53 on Monday. The firm has a market capitalization of $2.26 billion, a price-to-earnings ratio of 11.25 and a beta of 0.22. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.28 and a current ratio of 1.28. AMN Healthcare Services, Inc. has a one year low of $53.77 and a one year high of $112.44. The company’s 50 day moving average price is $59.15 and its 200 day moving average price is $66.96.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, February 15th. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $803.14 million. During the same quarter last year, the firm posted $2.48 EPS. The business’s revenue for the quarter was down 27.3% compared to the same quarter last year. On average, sell-side analysts predict that AMN Healthcare Services, Inc. will post 3.86 EPS for the current year.

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.