Duality Advisers LP Boosts Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Duality Advisers LP lifted its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 15.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,862 shares of the company’s stock after acquiring an additional 3,243 shares during the quarter. Duality Advisers LP owned 0.07% of AMN Healthcare Services worth $1,862,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of AMN. QRG Capital Management Inc. purchased a new stake in shares of AMN Healthcare Services during the third quarter worth $211,000. Arkadios Wealth Advisors increased its position in shares of AMN Healthcare Services by 16.3% during the third quarter. Arkadios Wealth Advisors now owns 2,804 shares of the company’s stock worth $239,000 after acquiring an additional 392 shares during the period. Quantbot Technologies LP purchased a new stake in shares of AMN Healthcare Services during the third quarter worth $240,000. Belpointe Asset Management LLC increased its position in shares of AMN Healthcare Services by 7.3% during the third quarter. Belpointe Asset Management LLC now owns 3,219 shares of the company’s stock worth $274,000 after acquiring an additional 218 shares during the period. Finally, NBC Securities Inc. purchased a new stake in shares of AMN Healthcare Services during the third quarter worth $296,000. Hedge funds and other institutional investors own 99.23% of the company’s stock.

Insider Buying and Selling at AMN Healthcare Services

In other AMN Healthcare Services news, Director Jorge A. Caballero bought 2,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was acquired at an average price of $56.80 per share, for a total transaction of $113,600.00. Following the completion of the purchase, the director now owns 2,437 shares of the company’s stock, valued at $138,421.60. The acquisition was disclosed in a filing with the SEC, which is available through this link. In other AMN Healthcare Services news, Director Jorge A. Caballero bought 2,000 shares of the firm’s stock in a transaction dated Wednesday, March 6th. The stock was acquired at an average price of $56.80 per share, for a total transaction of $113,600.00. Following the completion of the purchase, the director now owns 2,437 shares of the company’s stock, valued at $138,421.60. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, CEO Caroline Grace bought 17,500 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were acquired at an average price of $56.68 per share, with a total value of $991,900.00. Following the purchase, the chief executive officer now directly owns 27,178 shares of the company’s stock, valued at approximately $1,540,449.04. The disclosure for this purchase can be found here. Insiders purchased 26,626 shares of company stock worth $1,516,899 over the last 90 days. Corporate insiders own 0.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AMN. Truist Financial cut their price objective on AMN Healthcare Services from $88.00 to $70.00 and set a “buy” rating on the stock in a research report on Monday. JMP Securities lowered their target price on shares of AMN Healthcare Services from $87.00 to $75.00 and set a “market outperform” rating for the company in a research note on Monday, February 26th. BMO Capital Markets lowered their target price on shares of AMN Healthcare Services from $85.00 to $83.00 and set an “outperform” rating for the company in a research note on Tuesday, February 20th. Finally, StockNews.com upgraded shares of AMN Healthcare Services from a “sell” rating to a “hold” rating in a research note on Tuesday. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $85.00.

AMN Healthcare Services Stock Performance

NYSE AMN opened at $56.51 on Tuesday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.28 and a quick ratio of 1.28. AMN Healthcare Services, Inc. has a 1 year low of $53.77 and a 1 year high of $112.44. The company has a market capitalization of $2.14 billion, a PE ratio of 10.68 and a beta of 0.22. The company has a fifty day moving average of $60.30 and a two-hundred day moving average of $68.06.

AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings data on Thursday, February 15th. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.07. AMN Healthcare Services had a net margin of 5.56% and a return on equity of 38.29%. The company had revenue of $818.27 million during the quarter, compared to the consensus estimate of $803.14 million. During the same quarter in the prior year, the firm posted $2.48 earnings per share. AMN Healthcare Services’s revenue for the quarter was down 27.3% on a year-over-year basis. As a group, analysts expect that AMN Healthcare Services, Inc. will post 3.97 earnings per share for the current year.

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.