44,649 Shares in AMN Healthcare Services, Inc. (NYSE:AMN) Acquired by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd purchased a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 44,649 shares of the company's stock, valued at approximately $1,892,000. Dynamic Technology Lab Private Ltd owned 0.12% of AMN Healthcare Services at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of AMN. Vanguard Group Inc. increased its position in shares of AMN Healthcare Services by 0.9% in the 1st quarter. Vanguard Group Inc. now owns 4,289,179 shares of the company's stock valued at $268,117,000 after purchasing an additional 37,676 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its stake in AMN Healthcare Services by 6.5% in the first quarter. CANADA LIFE ASSURANCE Co now owns 43,422 shares of the company's stock valued at $2,716,000 after buying an additional 2,642 shares in the last quarter. BOKF NA lifted its holdings in AMN Healthcare Services by 127.2% during the 1st quarter. BOKF NA now owns 4,237 shares of the company's stock worth $263,000 after buying an additional 2,372 shares during the last quarter. Tidal Investments LLC lifted its holdings in AMN Healthcare Services by 76.6% during the 1st quarter. Tidal Investments LLC now owns 16,308 shares of the company's stock worth $1,019,000 after buying an additional 7,071 shares during the last quarter. Finally, EMC Capital Management acquired a new position in shares of AMN Healthcare Services during the 1st quarter worth about $126,000. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Stock Performance

AMN Healthcare Services stock traded down $0.89 during midday trading on Tuesday, hitting $26.27. 988,411 shares of the company's stock were exchanged, compared to its average volume of 853,671. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 19.68 and a beta of 0.13. AMN Healthcare Services, Inc. has a 12-month low of $23.37 and a 12-month high of $80.22. The firm's 50 day simple moving average is $37.20 and its 200 day simple moving average is $48.33.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings results on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. The firm had revenue of $687.51 million for the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. During the same quarter last year, the company posted $1.97 earnings per share. Equities research analysts predict that AMN Healthcare Services, Inc. will post 3.09 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on AMN shares. Jefferies Financial Group cut their target price on AMN Healthcare Services from $41.00 to $27.00 and set a "hold" rating on the stock in a research report on Wednesday, November 13th. William Blair cut shares of AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a report on Friday, November 8th. UBS Group lowered their target price on shares of AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating for the company in a report on Friday, August 9th. Truist Financial dropped 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 report on Friday, November 8th. Finally, BMO Capital Markets decreased their price objective on shares of AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating for the company in a research note on Monday, November 11th. 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 stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $48.33.

Insider Activity

In other news, CFO Jeffrey R. Knudson sold 2,461 shares of the firm's stock in a transaction 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 sale, the chief financial officer now owns 37,550 shares in the company, valued at approximately $1,385,595. This trade 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 this hyperlink. Corporate insiders own 0.93% of the company's stock.

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.