Versor Investments LP Makes New $818,000 Investment in AMN Healthcare Services, Inc. (NYSE:AMN)

Versor Investments LP acquired a new position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,300 shares of the company's stock, valued at approximately $818,000. Versor Investments LP owned about 0.05% of AMN Healthcare Services as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC lifted its position in shares of AMN Healthcare Services by 41.4% in the second quarter. Nisa Investment Advisors LLC now owns 748 shares of the company's stock worth $38,000 after buying an additional 219 shares during the last quarter. Arizona State Retirement System lifted its holdings in AMN Healthcare Services by 2.1% in the 2nd quarter. Arizona State Retirement System now owns 10,606 shares of the company's stock worth $543,000 after purchasing an additional 221 shares during the last quarter. Pitcairn Co. boosted its position in AMN Healthcare Services by 4.2% during the first quarter. Pitcairn Co. now owns 6,138 shares of the company's stock worth $384,000 after purchasing an additional 249 shares during the period. Envestnet Portfolio Solutions Inc. grew its holdings in AMN Healthcare Services by 3.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,730 shares of the company's stock valued at $345,000 after purchasing an additional 252 shares during the last quarter. Finally, SummerHaven Investment Management LLC raised its position in shares of AMN Healthcare Services by 4.1% in the second quarter. SummerHaven Investment Management LLC now owns 7,024 shares of the company's stock valued at $360,000 after purchasing an additional 278 shares during the period. Institutional investors own 99.23% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Benchmark reaffirmed a "hold" rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. StockNews.com lowered AMN Healthcare Services from a "hold" rating to a "sell" rating in a report on Wednesday, July 31st. William Blair lowered AMN Healthcare Services from an "outperform" rating to a "market perform" rating in a report on Friday, November 8th. Truist Financial reduced their price objective on AMN Healthcare Services from $50.00 to $47.00 and set a "buy" rating for the company in a research report on Friday, November 8th. Finally, UBS Group dropped their target price on shares of AMN Healthcare Services from $66.00 to $65.00 and set a "neutral" rating on the stock in a research report on Friday, August 9th. Two equities research 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. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $48.33.

AMN Healthcare Services Trading Down 5.7 %

AMN traded down $1.49 during midday trading on Wednesday, reaching $24.60. 2,078,209 shares of the company were exchanged, compared to its average volume of 838,284. The stock has a market capitalization of $936.52 million, a P/E ratio of 17.83 and a beta of 0.13. AMN Healthcare Services, Inc. has a one year low of $24.35 and a one year high of $80.22. The stock's 50-day simple moving average is $40.52 and its 200 day simple moving average is $50.36. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.23 and a current ratio of 1.18.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued its 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. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. The firm had revenue of $687.51 million during the quarter, compared to the consensus estimate of $670.08 million. During the same quarter in the prior year, the firm earned $1.97 earnings per share. As a group, analysts forecast that AMN Healthcare Services, Inc. will post 3.11 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CFO Jeffrey R. Knudson sold 2,461 shares of AMN Healthcare Services stock in a transaction dated Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total transaction of $90,810.90. Following the transaction, the chief financial officer now owns 37,550 shares in the company, valued at $1,385,595. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.93% of the company's stock.

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.