AMN Healthcare Services, Inc. (NYSE:AMN) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $66.12 and last traded at $65.97, with a volume of 1707 shares. The stock had previously closed at $64.60.
A number of brokerages have recently weighed in on AMN. Benchmark upped their target price on AMN Healthcare Services from $65.00 to $68.00 and gave the company a “buy” rating in a report on Thursday, December 19th. William Blair reissued an “outperform” rating on shares of AMN Healthcare Services in a research note on Friday, September 20th. Finally, ValuEngine cut AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Monday, December 16th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $68.00.
The stock has a market cap of $2.96 billion, a P/E ratio of 19.96, a PEG ratio of 1.53 and a beta of 0.82. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 1.00. The business has a 50-day simple moving average of $61.27 and a 200-day simple moving average of $57.70.
In other news, insider Denise L. Jackson sold 5,014 shares of the company’s stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $62.18, for a total transaction of $311,770.52. Following the completion of the transaction, the insider now directly owns 20,152 shares in the company, valued at $1,253,051.36. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Michael M. E. Johns sold 2,659 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $59.88, for a total value of $159,220.92. Following the transaction, the director now owns 40,000 shares of the company’s stock, valued at $2,395,200. The disclosure for this sale can be found here. Insiders have sold 104,568 shares of company stock valued at $6,407,560 in the last ninety days. Company insiders own 2.07% of the company’s stock.
Several hedge funds have recently modified their holdings of the company. Mason Street Advisors LLC raised its stake in shares of AMN Healthcare Services by 1.8% in the third quarter. Mason Street Advisors LLC now owns 15,844 shares of the company’s stock valued at $912,000 after purchasing an additional 282 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its stake in shares of AMN Healthcare Services by 2.8% in the second quarter. Vestmark Advisory Solutions Inc. now owns 13,142 shares of the company’s stock valued at $713,000 after purchasing an additional 358 shares in the last quarter. HighTower Advisors LLC raised its stake in shares of AMN Healthcare Services by 3.9% in the second quarter. HighTower Advisors LLC now owns 10,212 shares of the company’s stock valued at $554,000 after purchasing an additional 383 shares in the last quarter. Financial Advantage Inc. acquired a new position in shares of AMN Healthcare Services in the third quarter valued at $27,000. Finally, Synovus Financial Corp raised its stake in shares of AMN Healthcare Services by 3.1% in the third quarter. Synovus Financial Corp now owns 17,772 shares of the company’s stock valued at $1,022,000 after purchasing an additional 541 shares in the last quarter. Institutional investors own 99.34% of the company’s stock.
AMN Healthcare Services Company Profile (NYSE:AMN)
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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