AMN Healthcare Services Inc. (NYSE:AHS) shares dropped 5% during trading on Thursday . The company traded as low as $40.88 and last traded at $41.18, with a volume of 857,011 shares changing hands. The stock had previously closed at $43.37.

AHS has been the topic of a number of research reports. Zacks Investment Research upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $39.00 price target on the stock in a research note on Tuesday, April 12th. Robert W. Baird reiterated a “buy” rating on shares of AMN Healthcare Services in a research note on Sunday, May 8th. SunTrust Banks Inc. upped their price target on shares of AMN Healthcare Services from $40.00 to $46.00 and gave the company a “buy” rating in a research note on Thursday, May 12th. Avondale Partners boosted their price objective on shares of AMN Healthcare Services from $42.00 to $43.00 and gave the company a “market outperform” rating in a report on Tuesday, May 17th. Finally, 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. Six research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $43.40.

The firm has a 50 day moving average price of $41.66 and a 200 day moving average price of $35.02. The stock has a market capitalization of $1.93 billion and a P/E ratio of 20.50.

AMN Healthcare Services (NYSE:AHS) last posted its quarterly earnings data on Thursday, August 4th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.53 by $0.08. The company had revenue of $473.70 million for the quarter, compared to analysts’ expectations of $455.14 million. The business’s quarterly revenue was up 35.3% on a year-over-year basis. During the same quarter last year, the business posted $0.38 EPS. On average, analysts forecast that AMN Healthcare Services Inc. will post $2.25 earnings per share for the current year.

In other news, insider Ralph Henderson sold 20,000 shares of AMN Healthcare Services stock in a transaction dated Monday, June 6th. The shares were sold at an average price of $39.33, for a total value of $786,600.00. Following the completion of the transaction, the insider now owns 31,772 shares in the company, valued at $1,249,592.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Susan R. Salka sold 30,000 shares of AMN Healthcare Services stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of $40.00, for a total transaction of $1,200,000.00. Following the completion of the transaction, the chief executive officer now owns 348,688 shares of the company’s stock, valued at approximately $13,947,520. The disclosure for this sale can be found here.

Several institutional investors have bought and sold shares of AHS. State of Tennessee Treasury Department acquired a new position in AMN Healthcare Services during the fourth quarter valued at $3,950,000. Redwood Investments LLC increased 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 increased 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. increased 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. Finally, Principal Financial Group Inc. increased 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.

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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