AMN Healthcare Services Inc. (NYSE:AHS) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $43.95 and last traded at $43.83, with a volume of 240,628 shares. The stock had previously closed at $42.83.

Several research analysts recently commented on AHS shares. Avondale Partners raised their price objective on shares of AMN Healthcare Services from $42.00 to $43.00 and gave the stock a “market outperform” rating in a report on Tuesday, May 17th. SunTrust Banks Inc. raised their price objective on shares of AMN Healthcare Services from $19.00 to $21.00 and gave the stock a “buy” rating in a report on Monday, March 28th. Zacks Investment Research downgraded shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a report on Friday, March 18th. Lake Street Capital started coverage on shares of AMN Healthcare Services in a report on Tuesday, May 31st. They issued a “buy” rating and a $46.00 price objective for the company. Finally, BMO Capital Markets reaffirmed a “buy” rating on shares of AMN Healthcare Services in a report on Monday, June 6th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. AMN Healthcare Services presently has an average rating of “Buy” and a consensus price target of $42.60.

The company’s 50-day moving average is $39.99 and its 200 day moving average is $33.53. The stock has a market capitalization of $2.08 billion and a PE ratio of 22.08.

AMN Healthcare Services (NYSE:AHS) last released its quarterly earnings data on Thursday, May 5th. The company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.10. The company had revenue of $468 million for the quarter, compared to analysts’ expectations of $446.51 million. During the same period in the previous year, the firm earned $0.30 earnings per share. The firm’s revenue for the quarter was up 42.9% on a year-over-year basis. On average, analysts anticipate that AMN Healthcare Services Inc. will post $2.24 earnings per share for the current year.

In other news, Director Paul E. Weaver sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, May 9th. The shares were sold at an average price of $38.42, for a total transaction of $461,040.00. Following the completion of the transaction, the director now directly owns 61,780 shares of the company’s stock, valued at $2,373,587.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Ralph Henderson sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, June 6th. The shares were sold at an average price of $39.33, for a total transaction of $786,600.00. Following the transaction, the insider now directly owns 31,772 shares of the company’s stock, valued at $1,249,592.76. The disclosure for this sale can be found here.

Other hedge funds and institutional investors recently added to or reduced their stakes in the company. Redwood Investments LLC boosted its position in AMN Healthcare Services by 92.1% in the fourth quarter. Redwood Investments LLC now owns 92,044 shares of the company’s stock valued at $2,858,000 after buying an additional 44,132 shares during the last quarter. US Bancorp DE boosted its position in AMN Healthcare Services by 28.9% in the fourth quarter. US Bancorp DE now owns 34,698 shares of the company’s stock valued at $1,078,000 after buying an additional 7,772 shares during the last quarter. Victory Capital Management Inc. boosted its position in AMN Healthcare Services by 18,876.9% in the fourth quarter. Victory Capital Management Inc. now owns 378,779 shares of the company’s stock valued at $11,761,000 after buying an additional 376,783 shares during the last quarter. Principal Financial Group Inc. boosted its position in AMN Healthcare Services by 8.1% in the fourth quarter. Principal Financial Group Inc. now owns 325,176 shares of the company’s stock valued at $10,096,000 after buying an additional 24,375 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in AMN Healthcare Services by 38.0% in the fourth quarter. Wells Fargo & Company MN now owns 2,257,844 shares of the company’s stock valued at $70,107,000 after buying an additional 621,404 shares during the last quarter.

AMN Healthcare Services, Inc (AMN Healthcare) offers healthcare workforce solutions and staffing services to healthcare facilities. The Company operates through three segments: Nurse and Allied Healthcare Staffing Segment, Locum Tenens Staffing Segment and Physician Permanent Placement Services Segment.

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