Millennium Management LLC Boosts Stake in AMN Healthcare Services Inc $AMN

Millennium Management LLC boosted its stake in shares of AMN Healthcare Services Inc (NYSE:AMN) by 137.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,097,482 shares of the company’s stock after buying an additional 635,296 shares during the period. Millennium Management LLC’s holdings in AMN Healthcare Services were worth $26,844,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its position in shares of AMN Healthcare Services by 1.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 904,275 shares of the company’s stock valued at $22,119,000 after buying an additional 17,064 shares during the last quarter. Reinhart Partners LLC. lifted its position in shares of AMN Healthcare Services by 44.4% during the first quarter. Reinhart Partners LLC. now owns 744,943 shares of the company’s stock valued at $18,221,000 after buying an additional 229,002 shares during the last quarter. Northern Trust Corp lifted its position in shares of AMN Healthcare Services by 30.0% during the fourth quarter. Northern Trust Corp now owns 641,106 shares of the company’s stock valued at $15,335,000 after buying an additional 148,116 shares during the last quarter. New South Capital Management Inc. lifted its position in shares of AMN Healthcare Services by 13.0% during the first quarter. New South Capital Management Inc. now owns 579,400 shares of the company’s stock valued at $14,172,000 after buying an additional 66,812 shares during the last quarter. Finally, Two Sigma Investments LP lifted its position in shares of AMN Healthcare Services by 228.8% during the fourth quarter. Two Sigma Investments LP now owns 532,694 shares of the company’s stock valued at $12,742,000 after buying an additional 370,691 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company’s stock.

AMN Healthcare Services Price Performance

Shares of NYSE:AMN opened at $18.93 on Friday. AMN Healthcare Services Inc has a twelve month low of $14.86 and a twelve month high of $48.49. The company’s 50 day moving average is $19.68 and its 200 day moving average is $21.17. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. The company has a market cap of $725.40 million, a PE ratio of -2.44 and a beta of 0.12.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.13. AMN Healthcare Services had a negative net margin of 10.75% and a positive return on equity of 11.09%. The company had revenue of $658.18 million for the quarter, compared to the consensus estimate of $652.89 million. During the same quarter in the prior year, the company earned $0.98 EPS. AMN Healthcare Services’s quarterly revenue was down 11.1% on a year-over-year basis. AMN Healthcare Services has set its Q3 2025 guidance at EPS. On average, sell-side analysts forecast that AMN Healthcare Services Inc will post 1.33 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have commented on AMN. Bank of America decreased their price target on shares of AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating for the company in a research report on Wednesday. JMP Securities decreased their price target on shares of AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating for the company in a research report on Tuesday, August 12th. Finally, BMO Capital Markets cut their price objective on shares of AMN Healthcare Services from $27.00 to $22.00 and set an “outperform” rating on the stock in a report on Monday, August 11th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $23.25.

AMN Healthcare Services 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.