AMN Healthcare Services, Inc. (AMN) Insider Sells $675,224.97 in Stock

AMN Healthcare Services, Inc. (NYSE:AMN) insider Susan R. Salka sold 11,953 shares of the business’s stock in a transaction that occurred on Monday, November 5th. The shares were sold at an average price of $56.49, for a total value of $675,224.97. Following the transaction, the insider now owns 153,789 shares of the company’s stock, valued at approximately $8,687,540.61. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of AMN stock opened at $59.10 on Friday. The company has a quick ratio of 1.65, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. AMN Healthcare Services, Inc. has a 1 year low of $42.35 and a 1 year high of $68.20. The firm has a market cap of $2.73 billion, a price-to-earnings ratio of 18.74, a price-to-earnings-growth ratio of 1.37 and a beta of 0.54.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Wednesday, October 31st. The company reported $0.84 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.76 by $0.08. AMN Healthcare Services had a return on equity of 25.32% and a net margin of 6.96%. The company had revenue of $526.84 million during the quarter, compared to analyst estimates of $526.90 million. During the same quarter in the previous year, the firm posted $0.63 EPS. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. Equities analysts expect that AMN Healthcare Services, Inc. will post 3.27 EPS for the current year.

A number of research analysts have issued reports on AMN shares. BMO Capital Markets reiterated a “buy” rating and set a $67.00 price target on shares of AMN Healthcare Services in a research report on Thursday, July 12th. Zacks Investment Research upgraded AMN Healthcare Services from a “sell” rating to a “hold” rating in a research report on Monday, August 27th. Robert W. Baird reiterated a “hold” rating and set a $58.00 price target on shares of AMN Healthcare Services in a research report on Friday, August 3rd. Lake Street Capital reduced their price target on AMN Healthcare Services from $70.00 to $67.00 and set a “buy” rating for the company in a research report on Friday, August 3rd. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $68.00 price target on shares of AMN Healthcare Services in a research report on Friday, August 3rd. Two investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. AMN Healthcare Services presently has an average rating of “Buy” and an average price target of $65.10.

Several institutional investors have recently made changes to their positions in the company. Putnam FL Investment Management Co. lifted its holdings in shares of AMN Healthcare Services by 1.3% in the second quarter. Putnam FL Investment Management Co. now owns 64,167 shares of the company’s stock valued at $3,760,000 after buying an additional 842 shares during the period. Amalgamated Bank lifted its holdings in shares of AMN Healthcare Services by 13.4% in the second quarter. Amalgamated Bank now owns 7,699 shares of the company’s stock valued at $451,000 after buying an additional 911 shares during the period. Piedmont Investment Advisors LLC lifted its holdings in shares of AMN Healthcare Services by 9.4% in the second quarter. Piedmont Investment Advisors LLC now owns 11,140 shares of the company’s stock valued at $653,000 after buying an additional 954 shares during the period. Vident Investment Advisory LLC lifted its holdings in shares of AMN Healthcare Services by 1.5% in the second quarter. Vident Investment Advisory LLC now owns 66,038 shares of the company’s stock valued at $3,870,000 after buying an additional 990 shares during the period. Finally, Stone Ridge Asset Management LLC lifted its holdings in shares of AMN Healthcare Services by 6.9% in the third quarter. Stone Ridge Asset Management LLC now owns 17,927 shares of the company’s stock valued at $981,000 after buying an additional 1,157 shares during the period.

ILLEGAL ACTIVITY WARNING: “AMN Healthcare Services, Inc. (AMN) Insider Sells $675,224.97 in Stock” was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this story on another domain, it was stolen and republished in violation of international copyright and trademark legislation. The legal version of this story can be viewed at https://sportsperspectives.com/2018/11/09/amn-healthcare-services-inc-amn-insider-sells-675224-97-in-stock.html.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; rapid response nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments from a few days up to one year under the Staff Care and Locum Leaders brands.

Featured Story: Bear Market – How and Why They Occur

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

Receive News & Ratings for AMN Healthcare Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AMN Healthcare Services and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply