AMN Healthcare Services, Inc. (NYSE:AMN) Director Sells $616,971.41 in Stock

AMN Healthcare Services, Inc. (NYSE:AMN) Director Martha H. Marsh sold 12,001 shares of AMN Healthcare Services stock in a transaction on Friday, June 7th. The shares were sold at an average price of $51.41, for a total transaction of $616,971.41. Following the completion of the sale, the director now owns 44,358 shares of the company’s stock, valued at approximately $2,280,444.78. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of AMN stock opened at $51.67 on Thursday. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 1.39 and a beta of 0.85. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.47 and a quick ratio of 1.47. AMN Healthcare Services, Inc. has a 12 month low of $45.04 and a 12 month high of $65.81.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.75 EPS for the quarter, beating the Zacks’ consensus estimate of $0.69 by $0.06. The business had revenue of $532.40 million during the quarter, compared to analyst estimates of $525.24 million. AMN Healthcare Services had a net margin of 6.21% and a return on equity of 24.75%. AMN Healthcare Services’s quarterly revenue was up 1.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.81 EPS. Analysts forecast that AMN Healthcare Services, Inc. will post 2.94 EPS for the current year.

AMN has been the subject of a number of recent research reports. ValuEngine upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday, April 30th. Benchmark set a $66.00 price target on shares of AMN Healthcare Services and gave the company a “buy” rating in a research note on Thursday, March 28th. Zacks Investment Research lowered shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a research note on Monday, February 18th. Finally, Sidoti set a $73.00 price target on shares of AMN Healthcare Services and gave the company a “buy” rating in a research note on Friday, February 15th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $65.88.

Hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its holdings in AMN Healthcare Services by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,566,021 shares of the company’s stock worth $73,742,000 after acquiring an additional 8,592 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in AMN Healthcare Services by 2.4% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,157,059 shares of the company’s stock worth $54,486,000 after acquiring an additional 27,614 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its holdings in AMN Healthcare Services by 70.2% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 878,835 shares of the company’s stock worth $41,385,000 after acquiring an additional 362,575 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in AMN Healthcare Services by 0.5% during the 1st quarter. Principal Financial Group Inc. now owns 824,876 shares of the company’s stock worth $38,843,000 after acquiring an additional 3,955 shares during the last quarter. Finally, Eagle Asset Management Inc. boosted its holdings in AMN Healthcare Services by 774.2% during the 1st quarter. Eagle Asset Management Inc. now owns 803,756 shares of the company’s stock worth $37,848,000 after acquiring an additional 711,818 shares during the last quarter. Institutional investors and hedge funds own 96.78% of the company’s stock.

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About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities 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; 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 under the Staff Care and Locum Leaders brands.

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

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