AMN Healthcare Services, Inc. (NYSE:AMN) Stock Holdings Lessened by Geode Capital Management LLC

Geode Capital Management LLC lowered its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 9.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 861,661 shares of the company's stock after selling 92,704 shares during the period. Geode Capital Management LLC owned approximately 2.26% of AMN Healthcare Services worth $36,533,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the company. FMR LLC grew its stake in AMN Healthcare Services by 152.4% during the 3rd quarter. FMR LLC now owns 4,640,599 shares of the company's stock valued at $196,715,000 after purchasing an additional 2,801,663 shares in the last quarter. Pacer Advisors Inc. bought a new stake in shares of AMN Healthcare Services in the second quarter worth $99,349,000. Thrivent Financial for Lutherans raised its holdings in AMN Healthcare Services by 3,753.6% in the second quarter. Thrivent Financial for Lutherans now owns 1,263,326 shares of the company's stock valued at $64,721,000 after acquiring an additional 1,230,543 shares in the last quarter. American Century Companies Inc. boosted its stake in AMN Healthcare Services by 95.3% during the 2nd quarter. American Century Companies Inc. now owns 775,139 shares of the company's stock valued at $39,710,000 after acquiring an additional 378,266 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in AMN Healthcare Services by 54.5% during the 3rd quarter. Wellington Management Group LLP now owns 773,015 shares of the company's stock worth $32,768,000 after acquiring an additional 272,552 shares in the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AMN. Truist Financial cut their target price on shares of AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating on the stock in a research note on Friday, November 8th. Bank of America lowered AMN Healthcare Services from a "neutral" rating to an "underperform" rating and decreased their target price for the stock from $65.00 to $48.00 in a research report on Monday, October 7th. JMP Securities dropped their price target on AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating on the stock in a research report on Tuesday, October 22nd. William Blair downgraded shares of AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a report on Friday, November 8th. Finally, Jefferies Financial Group dropped their target price on shares of AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating on the stock in a report on Wednesday, November 13th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $48.33.

AMN Healthcare Services Stock Performance

Shares of AMN Healthcare Services stock traded up $0.18 during trading on Wednesday, hitting $23.39. 312,110 shares of the stock were exchanged, compared to its average volume of 856,891. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18. AMN Healthcare Services, Inc. has a 12 month low of $22.47 and a 12 month high of $80.22. The stock's fifty day moving average is $30.60 and its 200 day moving average is $43.80. The stock has a market cap of $890.55 million, a PE ratio of 16.95 and a beta of 0.04.

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

Insider Buying and Selling at AMN Healthcare Services

In other news, CFO Jeffrey R. Knudson sold 2,461 shares of the stock in a transaction that occurred on Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total value of $90,810.90. Following the completion of the transaction, the chief financial officer now directly owns 37,550 shares in the company, valued at $1,385,595. This trade represents a 6.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.93% of the stock is owned by company insiders.

About AMN Healthcare Services

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.