Fort L.P. cut its holdings in AMN Healthcare Services, Inc. (NYSE:AMN – Get Rating) by 54.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,489 shares of the company’s stock after selling 2,916 shares during the quarter. Fort L.P.’s holdings in AMN Healthcare Services were worth $264,000 at the end of the most recent reporting period.
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A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in AMN. Renaissance Technologies LLC increased its holdings in AMN Healthcare Services by 1,181.5% in the 1st quarter. Renaissance Technologies LLC now owns 540,800 shares of the company’s stock worth $56,422,000 after buying an additional 498,600 shares during the period. Wedge Capital Management L L P NC acquired a new stake in shares of AMN Healthcare Services in the third quarter worth $40,517,000. Simcoe Capital Management LLC purchased a new position in shares of AMN Healthcare Services during the second quarter worth $29,777,000. Boston Partners acquired a new position in AMN Healthcare Services during the third quarter valued at $17,941,000. Finally, Federated Hermes Inc. grew its position in AMN Healthcare Services by 12.9% during the 1st quarter. Federated Hermes Inc. now owns 1,160,843 shares of the company’s stock worth $121,110,000 after purchasing an additional 132,587 shares during the period. 96.94% of the stock is currently owned by hedge funds and other institutional investors.
AMN Healthcare Services Stock Performance
Shares of AMN stock opened at $96.38 on Thursday. The company has a market capitalization of $4.18 billion, a P/E ratio of 9.29, a P/E/G ratio of 3.35 and a beta of 0.31. AMN Healthcare Services, Inc. has a 12-month low of $82.75 and a 12-month high of $129.04. The business’s 50 day moving average is $102.66 and its two-hundred day moving average is $109.22. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 0.74.
Analyst Upgrades and Downgrades
Several brokerages have recently issued reports on AMN. Truist Financial boosted their price objective on AMN Healthcare Services from $130.00 to $140.00 in a report on Friday, November 4th. BMO Capital Markets upped their price objective on AMN Healthcare Services from $125.00 to $130.00 and gave the stock an “outperform” rating in a research report on Monday, November 7th. Finally, Benchmark reiterated a “buy” rating and issued a $148.00 target price on shares of AMN Healthcare Services in a research note on Monday. Five research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $142.60.
Insider Transactions at AMN Healthcare Services
In related news, insider Denise L. Jackson sold 1,002 shares of AMN Healthcare Services stock in a transaction on Friday, January 6th. The shares were sold at an average price of $109.30, for a total value of $109,518.60. Following the sale, the insider now owns 18,079 shares of the company’s stock, valued at approximately $1,976,034.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, insider Denise L. Jackson sold 4,001 shares of the company’s stock in a transaction dated Monday, January 9th. The shares were sold at an average price of $110.76, for a total transaction of $443,150.76. Following the completion of the transaction, the insider now owns 14,078 shares in the company, valued at approximately $1,559,279.28. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Denise L. Jackson sold 1,002 shares of the firm’s stock in a transaction dated Friday, January 6th. The shares were sold at an average price of $109.30, for a total transaction of $109,518.60. Following the completion of the transaction, the insider now directly owns 18,079 shares in the company, valued at $1,976,034.70. The disclosure for this sale can be found here. Corporate insiders own 0.80% of the company’s stock.
About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. The firm operates through the following segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.
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