Charles Schwab Investment Management Inc. Has $28.38 Million Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Charles Schwab Investment Management Inc. boosted its position in AMN Healthcare Services, Inc. (NYSE:AMN) by 10.3% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 669,568 shares of the company’s stock after purchasing an additional 62,647 shares during the period. Charles Schwab Investment Management Inc. owned about 1.76% of AMN Healthcare Services worth $28,383,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Mather Group LLC. bought a new position in AMN Healthcare Services in the 2nd quarter valued at about $31,000. Nisa Investment Advisors LLC increased its stake in AMN Healthcare Services by 41.4% in the second quarter. Nisa Investment Advisors LLC now owns 748 shares of the company’s stock valued at $38,000 after acquiring an additional 219 shares during the last quarter. GAMMA Investing LLC increased its stake in AMN Healthcare Services by 232.4% in the second quarter. GAMMA Investing LLC now owns 1,160 shares of the company’s stock valued at $59,000 after acquiring an additional 811 shares during the last quarter. Farther Finance Advisors LLC increased its stake in AMN Healthcare Services by 455.0% in the third quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock valued at $63,000 after acquiring an additional 1,224 shares during the last quarter. Finally, Innealta Capital LLC bought a new position in AMN Healthcare Services in the second quarter valued at approximately $65,000. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at AMN Healthcare Services

In other news, CFO Jeffrey R. Knudson sold 2,461 shares of the business’s stock in a transaction dated Saturday, November 2nd. The shares were sold at an average price of $36.90, for a total transaction of $90,810.90. Following the completion of the sale, the chief financial officer now directly owns 37,550 shares of the company’s stock, valued at $1,385,595. The trade was a 6.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.93% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on AMN. William Blair cut shares of AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. JMP Securities cut their target price on shares of AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating on the stock in a research report on Tuesday, October 22nd. Benchmark restated a “hold” rating on shares of AMN Healthcare Services in a research report on Wednesday, October 2nd. Bank of America lowered shares of AMN Healthcare Services from a “neutral” rating to an “underperform” rating and cut their target price for the company from $65.00 to $48.00 in a research report on Monday, October 7th. Finally, BMO Capital Markets cut their price target on shares of AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating on the stock in a report on Monday, November 11th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $48.33.

AMN Healthcare Services Price Performance

Shares of NYSE AMN opened at $28.05 on Thursday. AMN Healthcare Services, Inc. has a twelve month low of $23.37 and a twelve month high of $80.22. The firm has a fifty day simple moving average of $34.71 and a 200 day simple moving average of $46.83. The company has a market capitalization of $1.07 billion, a PE ratio of 20.33 and a beta of 0.04. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.27.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, November 7th. The company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. AMN Healthcare Services had a net margin of 1.73% and a return on equity of 17.16%. The business had revenue of $687.51 million during the quarter, compared to the consensus estimate of $670.08 million. During the same quarter last year, the firm earned $1.97 earnings per share. On average, sell-side analysts forecast that AMN Healthcare Services, Inc. will post 3.07 EPS for the current year.

About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. It operates through three segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions. The Nurse and Allied Solutions segment offers travel nurse staffing, labor disruption staffing, local staffing, international nurse and allied permanent placement, and allied staffing solutions.