AMN Healthcare Services Inc (NYSE:AMN – Get Free Report) Director Mark Foletta sold 3,681 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $31.07, for a total value of $114,368.67. Following the completion of the sale, the director owned 17,917 shares of the company’s stock, valued at $556,681.19. The trade was a 17.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
AMN Healthcare Services Stock Up 3.1%
Shares of AMN Healthcare Services stock opened at $31.83 on Wednesday. AMN Healthcare Services Inc has a 1 year low of $14.86 and a 1 year high of $32.52. The company has a market cap of $1.23 billion, a P/E ratio of -36.59, a P/E/G ratio of 0.71 and a beta of 0.44. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.04. The stock has a 50-day moving average price of $25.24 and a 200 day moving average price of $20.66.
AMN Healthcare Services (NYSE:AMN – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.50. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.23 billion. AMN Healthcare Services had a positive return on equity of 18.01% and a negative net margin of 0.95%.The business’s revenue for the quarter was up 99.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.45 EPS. As a group, analysts expect that AMN Healthcare Services Inc will post 2.7 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on AMN Healthcare Services
Institutional Trading of AMN Healthcare Services
A number of institutional investors have recently added to or reduced their stakes in AMN. Tower Research Capital LLC TRC raised its holdings in shares of AMN Healthcare Services by 49.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,093 shares of the company’s stock valued at $64,000 after purchasing an additional 1,020 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in AMN Healthcare Services by 2.8% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 42,938 shares of the company’s stock valued at $1,050,000 after buying an additional 1,153 shares in the last quarter. Intech Investment Management LLC lifted its position in shares of AMN Healthcare Services by 3.5% in the third quarter. Intech Investment Management LLC now owns 40,335 shares of the company’s stock worth $781,000 after buying an additional 1,355 shares during the last quarter. Swiss National Bank boosted its stake in shares of AMN Healthcare Services by 1.9% during the 4th quarter. Swiss National Bank now owns 75,600 shares of the company’s stock worth $1,191,000 after acquiring an additional 1,400 shares in the last quarter. Finally, Creative Planning boosted its stake in shares of AMN Healthcare Services by 11.0% during the 3rd quarter. Creative Planning now owns 14,664 shares of the company’s stock worth $284,000 after acquiring an additional 1,451 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.
AMN Healthcare Services Company Profile
AMN Healthcare Services, Inc (NYSE: AMN) is a leading provider of healthcare workforce solutions in the United States. The company specializes in staffing and recruitment services for a broad range of clinical and allied health professionals, including travel nurses, permanent placement of nursing staff, locum tenens physicians, and allied health personnel. In addition to direct staffing, AMN Healthcare offers comprehensive workforce management solutions such as vendor management systems (VMS), recruitment process outsourcing (RPO), and compliance and credentialing services through its technology platforms.
Founded in 1985 as American Mobile Nurses, the company rebranded to AMN Healthcare in 2010 to reflect its expanding portfolio of services.
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