AMN Healthcare Services Inc. (NYSE:AHS) shares fell 5.8% during trading on Wednesday . The stock traded as low as $35.10 and last traded at $35.28, with a volume of 1,018,379 shares changing hands. The stock had previously closed at $37.44.

Several research firms recently commented on AHS. Lake Street Capital raised their price target on shares of AMN Healthcare Services from $46.00 to $50.00 and gave the company a “buy” rating in a report on Friday, August 5th. BMO Capital Markets restated a “buy” rating on shares of AMN Healthcare Services in a report on Monday, June 6th. Zacks Investment Research upgraded shares of AMN Healthcare Services from a “hold” rating to a “strong-buy” rating and set a $43.00 price target on the stock in a report on Monday, May 9th. Robert W. Baird restated a “buy” rating on shares of AMN Healthcare Services in a report on Sunday, May 8th. Finally, SunTrust Banks Inc. raised their price target on shares of AMN Healthcare Services from $40.00 to $46.00 and gave the company a “buy” rating in a report on Thursday, May 12th. Six equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $43.40.

The stock’s 50 day moving average price is $41.56 and its 200-day moving average price is $35.25. The stock has a market cap of $1.74 billion and a P/E ratio of 16.75.

AMN Healthcare Services (NYSE:AHS) last released its earnings results on Thursday, August 4th. The company reported $0.61 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.53 by $0.08. During the same period last year, the firm earned $0.38 EPS. The business had revenue of $473.70 million for the quarter, compared to analysts’ expectations of $455.14 million. The company’s revenue was up 35.3% compared to the same quarter last year. Equities research analysts forecast that AMN Healthcare Services Inc. will post $2.26 EPS for the current fiscal year.

In related news, insider Susan R. Salka sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, July 22nd. The stock was sold at an average price of $44.00, for a total value of $1,320,000.00. Following the completion of the sale, the insider now owns 288,688 shares of the company’s stock, valued at approximately $12,702,272. The sale was disclosed in a document filed with the SEC, which is available at this link. 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 value of $786,600.00. Following the completion of the sale, the insider now directly owns 31,772 shares of the company’s stock, valued at approximately $1,249,592.76. The disclosure for this sale can be found here.

Other large investors have recently made changes to their positions in the company. Rhumbline Advisers boosted its stake in shares of AMN Healthcare Services by 9.5% in the fourth quarter. Rhumbline Advisers now owns 56,879 shares of the company’s stock valued at $1,766,000 after buying an additional 4,925 shares during the last quarter. New York State Common Retirement Fund boosted its stake in shares of AMN Healthcare Services by 3.3% in the fourth quarter. New York State Common Retirement Fund now owns 122,939 shares of the company’s stock valued at $3,817,000 after buying an additional 3,902 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of AMN Healthcare Services by 20.8% in the fourth quarter. Bank of Montreal Can now owns 650,993 shares of the company’s stock valued at $20,215,000 after buying an additional 112,212 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of 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. Finally, Principal Financial Group Inc. boosted its stake in shares of 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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