Swedbank AB Has $6.40 Million Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Swedbank AB trimmed its holdings in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 26.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 150,883 shares of the company's stock after selling 54,700 shares during the period. Swedbank AB owned about 0.40% of AMN Healthcare Services worth $6,396,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Pacer Advisors Inc. bought a new stake in shares of AMN Healthcare Services in the 2nd quarter valued at approximately $99,349,000. Thrivent Financial for Lutherans raised its position in AMN Healthcare Services by 3,753.6% during the second quarter. Thrivent Financial for Lutherans now owns 1,263,326 shares of the company's stock valued at $64,721,000 after buying an additional 1,230,543 shares during the period. Vaughan Nelson Investment Management L.P. purchased a new stake in AMN Healthcare Services in the 2nd quarter worth about $45,481,000. American Century Companies Inc. boosted its position 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 worth $39,710,000 after acquiring an additional 378,266 shares during the period. Finally, Natixis Advisors LLC increased its stake in AMN Healthcare Services by 1,671.6% in the 2nd quarter. Natixis Advisors LLC now owns 188,060 shares of the company's stock valued at $9,634,000 after buying an additional 177,445 shares during the period. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at AMN Healthcare Services

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the business's stock in a transaction dated Saturday, November 2nd. The stock was 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 of the company's stock, valued at approximately $1,385,595. The trade was a 6.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.93% of the stock is owned by corporate insiders.

AMN Healthcare Services Stock Performance

AMN Healthcare Services stock traded up $0.02 on Thursday, reaching $26.29. 868,812 shares of the stock were exchanged, compared to its average volume of 853,737. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.27. AMN Healthcare Services, Inc. has a twelve month low of $23.37 and a twelve month high of $80.22. The firm has a fifty day moving average price of $36.39 and a two-hundred day moving average price of $47.98. The stock has a market cap of $1.00 billion, a PE ratio of 19.06 and a beta of 0.13.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported $0.61 earnings per share 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 return on equity of 17.16% and a net margin of 1.73%. During the same period in the prior year, the company posted $1.97 EPS. Sell-side analysts anticipate that AMN Healthcare Services, Inc. will post 3.09 EPS for the current year.

Wall Street Analysts Forecast Growth

AMN has been the topic of several research reports. StockNews.com lowered AMN Healthcare Services from a "hold" rating to a "sell" rating in a research report on Wednesday, July 31st. Truist Financial reduced their target price on shares of AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating for the company in a research note on Friday, November 8th. BMO Capital Markets cut their price target on shares of AMN Healthcare Services from $50.00 to $46.00 and set an "outperform" rating on the stock in a report on Monday, November 11th. Benchmark reiterated a "hold" rating on shares of AMN Healthcare Services in a report on Wednesday, October 2nd. Finally, JMP Securities cut their target price on AMN Healthcare Services from $66.00 to $57.00 and set a "market outperform" rating on the stock in a report on Tuesday, October 22nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $48.33.

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.