Cross Country Healthcare, Inc. (NASDAQ:CCRN) Director Buys $24,160.00 in Stock

Cross Country Healthcare, Inc. (NASDAQ:CCRN) Director W Larry Cash purchased 2,000 shares of the company’s stock in a transaction that occurred on Monday, August 28th. The stock was bought at an average cost of $12.08 per share, with a total value of $24,160.00. Following the purchase, the director now owns 195,632 shares of the company’s stock, valued at $2,363,234.56. This represents a 1.03 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Cross Country Healthcare Stock Up 0.1 %

NASDAQ CCRN opened at $18.17 on Friday. The company has a market cap of $598.10 million, a price-to-earnings ratio of -363.33, a price-to-earnings-growth ratio of 3.39 and a beta of 0.61. Cross Country Healthcare, Inc. has a twelve month low of $9.58 and a twelve month high of $23.64. The business’s fifty day moving average is $14.07 and its 200 day moving average is $14.16.

Analyst Ratings Changes

CCRN has been the topic of several recent analyst reports. Barrington Research reissued a “market perform” rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Truist Financial boosted their price objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the company a “hold” rating in a research report on Thursday, December 5th. William Blair lowered Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 4th. StockNews.com began coverage on Cross Country Healthcare in a research report on Monday. They set a “hold” rating for the company. Finally, Benchmark cut Cross Country Healthcare from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, Cross Country Healthcare currently has a consensus rating of “Hold” and a consensus price target of $18.54.

Institutional Trading of Cross Country Healthcare

A number of hedge funds have recently made changes to their positions in the company. Pacer Advisors Inc. increased its stake in shares of Cross Country Healthcare by 3.8% in the second quarter. Pacer Advisors Inc. now owns 4,550,848 shares of the business services provider’s stock valued at $62,984,000 after buying an additional 165,032 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Cross Country Healthcare by 1.0% during the second quarter. Dimensional Fund Advisors LP now owns 2,360,016 shares of the business services provider’s stock valued at $32,662,000 after acquiring an additional 24,363 shares during the last quarter. Systematic Financial Management LP lifted its holdings in shares of Cross Country Healthcare by 8.5% during the third quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider’s stock worth $22,347,000 after purchasing an additional 130,746 shares during the period. State Street Corp grew its stake in shares of Cross Country Healthcare by 0.5% in the third quarter. State Street Corp now owns 1,334,353 shares of the business services provider’s stock worth $17,934,000 after purchasing an additional 6,582 shares during the last quarter. Finally, Royce & Associates LP increased its holdings in Cross Country Healthcare by 51.4% in the third quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider’s stock valued at $15,222,000 after purchasing an additional 384,374 shares during the period. 96.03% of the stock is owned by institutional investors and hedge funds.

About Cross Country Healthcare

Cross Country Healthcare, Inc provides talent management and other consultative services for healthcare clients in the United States. The company’s Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services.