Profund Advisors LLC boosted its holdings in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 36.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,535 shares of the company’s stock after acquiring an additional 2,557 shares during the period. Profund Advisors LLC’s holdings in AMN Healthcare Services were worth $541,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in AMN Healthcare Services by 35.7% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,177 shares of the company’s stock worth $180,000 after acquiring an additional 836 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in AMN Healthcare Services during the fourth quarter worth about $206,000. M&T Bank Corp bought a new position in AMN Healthcare Services during the fourth quarter worth about $210,000. Westover Capital Advisors LLC bought a new position in AMN Healthcare Services during the first quarter worth about $210,000. Finally, Campbell & CO Investment Adviser LLC bought a new position in AMN Healthcare Services during the first quarter worth about $218,000.
Shares of AMN Healthcare Services traded down $0.25, reaching $58.65, during trading on Monday, MarketBeat reports. The stock had a trading volume of 1,209 shares, compared to its average volume of 374,148. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of 23.01, a price-to-earnings-growth ratio of 1.39 and a beta of 0.38. AMN Healthcare Services, Inc. has a 52 week low of $34.85 and a 52 week high of $68.20. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.95 and a quick ratio of 1.95.
Several research firms have weighed in on AMN. Credit Suisse Group lifted their target price on AMN Healthcare Services from $62.00 to $67.00 and gave the stock an “outperform” rating in a report on Tuesday, April 10th. Robert W. Baird lowered AMN Healthcare Services from an “outperform” rating to a “neutral” rating and set a $43.00 target price on the stock. in a report on Friday, May 4th. Jefferies Financial Group restated a “buy” rating and issued a $71.00 price target on shares of AMN Healthcare Services in a report on Tuesday, April 10th. BMO Capital Markets boosted their price target on AMN Healthcare Services from $64.00 to $66.00 and gave the company an “outperform” rating in a report on Tuesday, April 10th. Finally, ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Saturday, May 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $62.10.
In related news, insider Denise L. Jackson sold 4,000 shares of AMN Healthcare Services stock in a transaction dated Friday, May 18th. The stock was sold at an average price of $58.73, for a total value of $234,920.00. Following the sale, the insider now owns 22,952 shares of the company’s stock, valued at $1,347,970.96. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director R Jeffrey Harris sold 19,524 shares of AMN Healthcare Services stock in a transaction dated Thursday, May 10th. The shares were sold at an average price of $54.38, for a total value of $1,061,715.12. Following the completion of the sale, the director now directly owns 88,189 shares in the company, valued at approximately $4,795,717.82. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 55,521 shares of company stock worth $3,044,603. Corporate insiders own 2.18% of the company’s stock.
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.
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