Cross Country Healthcare Inc. (NASDAQ:CCRN) traded down 4.1% during trading on Wednesday . The stock traded as low as $11.90 and last traded at $11.99, with a volume of 152,717 shares. The stock had previously closed at $12.50.

Several equities research analysts recently commented on the company. Cantor Fitzgerald reaffirmed a “buy” rating on shares of Cross Country Healthcare in a research note on Sunday, July 17th. TheStreet cut Cross Country Healthcare from a “buy” rating to a “hold” rating in a research note on Friday, August 5th. BMO Capital Markets reaffirmed a “buy” rating and set a $16.00 target price on shares of Cross Country Healthcare in a research note on Friday, August 5th. Finally, Zacks Investment Research cut Cross Country Healthcare from a “hold” rating to a “sell” rating in a research note on Monday. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $17.00.

The stock’s market capitalization is $401.09 million. The company’s 50 day moving average price is $14.48 and its 200 day moving average price is $13.20.

Cross Country Healthcare (NASDAQ:CCRN) last posted its quarterly earnings data on Wednesday, August 3rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. The firm earned $199.40 million during the quarter, compared to analysts’ expectations of $203.56 million. Cross Country Healthcare’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 earnings per share. Equities analysts expect that Cross Country Healthcare Inc. will post $0.62 EPS for the current fiscal year.

In related news, insider William J. Grubbs bought 10,000 shares of the stock in a transaction dated Wednesday, August 10th. The stock was bought at an average price of $12.03 per share, with a total value of $120,300.00. Following the purchase, the insider now owns 347,892 shares in the company, valued at approximately $4,185,140.76. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Deborah A. Dean sold 6,868 shares of the business’s stock in a transaction dated Monday, June 13th. The shares were sold at an average price of $14.34, for a total value of $98,487.12. Following the completion of the sale, the senior vice president now directly owns 46,214 shares of the company’s stock, valued at approximately $662,708.76. The disclosure for this sale can be found here.

Several large investors recently added to or reduced their stakes in CCRN. Cornerstone Capital Management Holdings LLC. bought a new stake in Cross Country Healthcare during the fourth quarter worth $1,062,000. Ancora Advisors LLC raised its stake in Cross Country Healthcare by 82.1% in the fourth quarter. Ancora Advisors LLC now owns 88,700 shares of the company’s stock worth $1,107,000 after buying an additional 40,000 shares during the period. I.G. Investment Management LTD. raised its stake in Cross Country Healthcare by 12.2% in the fourth quarter. I.G. Investment Management LTD. now owns 76,136 shares of the company’s stock worth $1,248,000 after buying an additional 8,253 shares during the period. Systematic Financial Management LP bought a new stake in Cross Country Healthcare during the fourth quarter worth $1,651,000. Finally, California Public Employees Retirement System raised its stake in Cross Country Healthcare by 21.9% in the fourth quarter. California Public Employees Retirement System now owns 130,700 shares of the company’s stock worth $2,142,000 after buying an additional 23,500 shares during the period.

Cross Country Healthcare, Inc (CCRN) is engaged in providing healthcare recruiting, staffing and workforce solutions. The Company operates in three segments: Nurse and Allied Staffing, Physician Staffing and Other Human Capital Management Services. Its nurse and allied staffing segment is engaged in providing traditional staffing, including temporary and permanent placement of travel nurses and allied professionals, and branch-based local nurses and allied staffing through its Cross Country Staffing brand, MSN, AHG, Mediscan and DirectEd brands.

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