Atom Investors LP Sells 61,219 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

Atom Investors LP lessened its position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 67.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,186 shares of the company's stock after selling 61,219 shares during the period. Atom Investors LP owned about 0.08% of AMN Healthcare Services worth $1,280,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versor Investments LP acquired a new stake in shares of AMN Healthcare Services in the 3rd quarter valued at $818,000. Anthracite Investment Company Inc. bought a new position in shares of AMN Healthcare Services in the third quarter valued at about $1,696,000. Vaughan Nelson Investment Management L.P. bought a new position in shares of AMN Healthcare Services in the second quarter valued at about $45,481,000. New South Capital Management Inc. raised its holdings in shares of AMN Healthcare Services by 24.6% in the second quarter. New South Capital Management Inc. now owns 563,147 shares of the company's stock valued at $28,850,000 after buying an additional 111,302 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in shares of AMN Healthcare Services by 2.4% in the third quarter. Thrivent Financial for Lutherans now owns 1,293,483 shares of the company's stock valued at $54,831,000 after buying an additional 30,157 shares during the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

Insiders Place Their Bets

In related news, CFO Jeffrey R. Knudson sold 2,461 shares of the stock in a transaction on Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total value of $90,810.90. Following the sale, the chief financial officer now owns 37,550 shares in the company, valued at approximately $1,385,595. This represents a 6.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.93% of the company's stock.

AMN Healthcare Services Trading Up 3.3 %

Shares of AMN Healthcare Services stock traded up $0.90 during trading on Wednesday, hitting $28.05. 1,184,022 shares of the company were exchanged, compared to its average volume of 852,838. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18. The firm's fifty day moving average price is $34.71 and its 200 day moving average price is $46.83. AMN Healthcare Services, Inc. has a 1-year low of $23.37 and a 1-year high of $80.22. The firm has a market capitalization of $1.07 billion, a P/E ratio of 20.33 and a beta of 0.04.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.03. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. The business had revenue of $687.51 million during the quarter, compared to analyst estimates of $670.08 million. During the same period in the previous year, the firm earned $1.97 EPS. As a group, sell-side analysts expect that AMN Healthcare Services, Inc. will post 3.07 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMN has been the subject of a number of research analyst reports. William Blair cut AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a report on Friday, November 8th. JMP Securities dropped their price objective on AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating for the company in a report on Tuesday, October 22nd. BMO Capital Markets dropped their price objective on AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating for the company in a report on Monday, November 11th. UBS Group dropped their price objective on AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating for the company in a report on Friday, August 9th. Finally, Bank of America cut AMN Healthcare Services from a "neutral" rating to an "underperform" rating and dropped their price objective for the stock from $65.00 to $48.00 in a report on Monday, October 7th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $48.33.

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.