Cross Country Healthcare, Inc. (NASDAQ:CCRN) Director W Larry Cash Purchases 2,000 Shares

Cross Country Healthcare, Inc. (NASDAQ:CCRN - Get Free Report) Director W Larry Cash bought 2,000 shares of the business's stock in a transaction that occurred on Monday, August 28th. The stock was purchased at an average cost of $12.08 per share, with a total value of $24,160.00. Following the purchase, the director now directly owns 195,632 shares in the company, valued at $2,363,234.56. The trade was a 1.03 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Cross Country Healthcare Stock Up 0.6 %

Shares of NASDAQ CCRN traded up $0.10 during midday trading on Tuesday, hitting $18.16. The stock had a trading volume of 252,071 shares, compared to its average volume of 603,476. Cross Country Healthcare, Inc. has a 1-year low of $9.58 and a 1-year high of $23.64. The company has a market capitalization of $597.77 million, a price-to-earnings ratio of -363.13, a PEG ratio of 3.39 and a beta of 0.61. The company has a fifty day moving average price of $13.82 and a 200 day moving average price of $14.11.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of CCRN. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Cross Country Healthcare in the third quarter worth $7,350,000. Royce & Associates LP grew its stake in shares of Cross Country Healthcare by 51.4% in the third quarter. Royce & Associates LP now owns 1,132,566 shares of the business services provider's stock valued at $15,222,000 after buying an additional 384,374 shares in the last quarter. Pacer Advisors Inc. raised its holdings in shares of Cross Country Healthcare by 3.8% during the 2nd quarter. Pacer Advisors Inc. now owns 4,550,848 shares of the business services provider's stock valued at $62,984,000 after buying an additional 165,032 shares during the period. Jane Street Group LLC lifted its position in Cross Country Healthcare by 337.6% during the 3rd quarter. Jane Street Group LLC now owns 181,492 shares of the business services provider's stock worth $2,439,000 after acquiring an additional 140,013 shares in the last quarter. Finally, Systematic Financial Management LP boosted its holdings in Cross Country Healthcare by 8.5% in the 3rd quarter. Systematic Financial Management LP now owns 1,662,730 shares of the business services provider's stock worth $22,347,000 after acquiring an additional 130,746 shares during the period. Hedge funds and other institutional investors own 96.03% of the company's stock.

Analyst Ratings Changes

A number of research analysts have weighed in on the company. William Blair lowered Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 4th. Barrington Research restated a "market perform" rating on shares of Cross Country Healthcare in a report on Tuesday, December 10th. Truist Financial upped their price objective on shares of Cross Country Healthcare from $15.00 to $18.61 and gave the company a "hold" rating in a research note on Thursday, December 5th. StockNews.com assumed coverage on shares of Cross Country Healthcare in a research report on Monday. They issued a "hold" rating on the stock. Finally, Benchmark lowered shares of Cross Country Healthcare from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, December 4th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Cross Country Healthcare has an average rating of "Hold" and an average target price of $18.54.

Cross Country Healthcare Company Profile

Cross Country Healthcare, Inc provides talent management and other consultative services for healthcare clients in the United States. The company's Nurse and Allied Staffing segment provides traditional staffing, recruiting, and value-added total talent solutions, including temporary and permanent placement of travel and local nurse and, allied professionals; temporary placement of healthcare leaders within nursing, allied, physician, and human resources; vendor neutral and managed services programs; education healthcare services; in-home care services; and outsourcing services.