AMN Healthcare Services Inc (AMN) Insider Sells $748,328.00 in Stock
AMN Healthcare Services Inc (NYSE:AMN) insider Ralph Henderson sold 15,272 shares of the business’s stock in a transaction that occurred on Wednesday, November 29th. The stock was sold at an average price of $49.00, for a total value of $748,328.00. Following the transaction, the insider now directly owns 16,500 shares in the company, valued at $808,500. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Ralph Henderson also recently made the following trade(s):
- On Monday, October 2nd, Ralph Henderson sold 6,906 shares of AMN Healthcare Services stock. The stock was sold at an average price of $46.00, for a total value of $317,676.00.
AMN Healthcare Services Inc (NYSE AMN) traded down $0.60 during midday trading on Friday, hitting $49.60. The stock had a trading volume of 387,845 shares, compared to its average volume of 563,311. AMN Healthcare Services Inc has a 12 month low of $33.05 and a 12 month high of $51.75. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.81 and a current ratio of 1.81. The company has a market cap of $2,380.00, a price-to-earnings ratio of 18.82 and a beta of 0.41.
AMN Healthcare Services (NYSE:AMN) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The business had revenue of $494.41 million during the quarter, compared to analyst estimates of $493.89 million. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. AMN Healthcare Services’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.62 EPS. sell-side analysts anticipate that AMN Healthcare Services Inc will post 2.56 earnings per share for the current year.
Several institutional investors have recently bought and sold shares of the stock. Acrospire Investment Management LLC raised its holdings in AMN Healthcare Services by 13.3% in the 2nd quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock worth $100,000 after purchasing an additional 300 shares during the period. Bank of Montreal Can bought a new position in AMN Healthcare Services in the 2nd quarter worth $105,000. Riverhead Capital Management LLC increased its stake in AMN Healthcare Services by 85.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock worth $116,000 after buying an additional 1,363 shares in the last quarter. Creative Planning purchased a new stake in AMN Healthcare Services in the 2nd quarter worth $155,000. Finally, Jaffetilchin Investment Partners LLC purchased a new stake in AMN Healthcare Services in the 3rd quarter worth $217,000.
A number of brokerages have commented on AMN. ValuEngine raised AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Wednesday, September 27th. Credit Suisse Group initiated coverage on AMN Healthcare Services in a research report on Tuesday, November 7th. They set an “outperform” rating and a $48.00 price objective for the company. KeyCorp initiated coverage on AMN Healthcare Services in a research note on Friday, November 17th. They issued an “overweight” rating and a $50.00 price target for the company. BMO Capital Markets reissued a “buy” rating and issued a $48.00 price target (up previously from $47.00) on shares of AMN Healthcare Services in a research note on Sunday, November 12th. Finally, Zacks Investment Research cut AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $47.44.
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AMN Healthcare Services Company Profile
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.
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