AMN Healthcare Services Inc (AMN) Insider Sells $3,116,728.16 in Stock

AMN Healthcare Services Inc (NYSE:AMN) insider Susan R. Salka sold 74,456 shares of AMN Healthcare Services stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $41.86, for a total transaction of $3,116,728.16. Following the sale, the insider now owns 256,561 shares of the company’s stock, valued at approximately $10,739,643.46. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of AMN Healthcare Services Inc (NYSE AMN) traded down $0.55 during midday trading on Tuesday, reaching $41.95. 380,288 shares of the company were exchanged, compared to its average volume of 619,196. The firm has a market capitalization of $2,070.00, a PE ratio of 16.12 and a beta of 0.41. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.66 and a current ratio of 1.81. AMN Healthcare Services Inc has a 52-week low of $26.00 and a 52-week high of $46.60.

AMN Healthcare Services (NYSE:AMN) last issued its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.03. The firm had revenue of $494.41 million during the quarter, compared to analysts’ expectations of $493.89 million. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.62 earnings per share. analysts forecast that AMN Healthcare Services Inc will post 2.57 EPS for the current year.

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Several brokerages have recently commented on AMN. Credit Suisse Group began coverage on shares of AMN Healthcare Services in a research report on Tuesday. They set an “outperform” rating and a $48.00 price target for the company. Robert W. Baird lifted their price target on shares of AMN Healthcare Services from $41.00 to $43.00 and gave the stock an “outperform” rating in a research report on Friday. Benchmark Co. reiterated a “buy” rating and set a $52.00 price target (up previously from $47.00) on shares of AMN Healthcare Services in a research report on Wednesday, October 25th. Zacks Investment Research cut shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Finally, ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Wednesday, September 27th. Two analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $46.50.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. BlackRock Inc. grew its holdings in AMN Healthcare Services by 0.6% during the second quarter. BlackRock Inc. now owns 5,679,926 shares of the company’s stock valued at $221,802,000 after purchasing an additional 32,397 shares during the period. Vanguard Group Inc. boosted its holdings in shares of AMN Healthcare Services by 0.9% in the second quarter. Vanguard Group Inc. now owns 4,289,538 shares of the company’s stock valued at $167,507,000 after buying an additional 36,632 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of AMN Healthcare Services by 1.4% in the second quarter. Dimensional Fund Advisors LP now owns 1,704,656 shares of the company’s stock valued at $66,567,000 after buying an additional 23,596 shares during the period. Vaughan Nelson Investment Management L.P. boosted its holdings in shares of AMN Healthcare Services by 7.7% in the second quarter. Vaughan Nelson Investment Management L.P. now owns 1,484,650 shares of the company’s stock valued at $57,975,000 after buying an additional 106,575 shares during the period. Finally, Bank of New York Mellon Corp boosted its holdings in shares of AMN Healthcare Services by 1.3% in the third quarter. Bank of New York Mellon Corp now owns 1,362,806 shares of the company’s stock valued at $62,281,000 after buying an additional 17,777 shares during the period.

AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.

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

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