AMN Healthcare Services, Inc. (NYSE:AMN) Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC lessened its stake in AMN Healthcare Services, Inc. (NYSE:AMN) by 9.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 861,661 shares of the company’s stock after selling 92,704 shares during the quarter. Geode Capital Management LLC owned about 2.26% of AMN Healthcare Services worth $36,533,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Truvestments Capital LLC acquired a new stake in AMN Healthcare Services during the 3rd quarter valued at $30,000. Nisa Investment Advisors LLC boosted its position in AMN Healthcare Services by 41.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 748 shares of the company’s stock valued at $38,000 after buying an additional 219 shares during the last quarter. Farther Finance Advisors LLC grew its stake in shares of AMN Healthcare Services by 455.0% during 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 in the last quarter. Innealta Capital LLC purchased a new stake in shares of AMN Healthcare Services during the second quarter worth about $65,000. Finally, Quarry LP lifted its stake in shares of AMN Healthcare Services by 48.4% in the third quarter. Quarry LP now owns 2,006 shares of the company’s stock worth $85,000 after acquiring an additional 654 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company’s stock.

Insiders Place Their Bets

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of the business’s stock in a transaction on Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total transaction of $90,810.90. Following the completion of the transaction, the chief financial officer now owns 37,550 shares in the company, valued at approximately $1,385,595. The trade was a 6.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.93% of the stock is owned by insiders.

AMN Healthcare Services Trading Up 0.8 %

Shares of NYSE AMN opened at $23.39 on Wednesday. AMN Healthcare Services, Inc. has a 12-month low of $22.47 and a 12-month high of $80.22. The company has a market cap of $890.55 million, a price-to-earnings ratio of 16.95 and a beta of 0.04. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.27. The stock’s 50 day simple moving average is $30.94 and its 200 day simple moving average is $44.01.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company had revenue of $687.51 million during the quarter, compared to the consensus estimate of $670.08 million. During the same quarter in the previous year, the company posted $1.97 earnings per share. Equities research analysts expect that AMN Healthcare Services, Inc. will post 3.07 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. William Blair lowered AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research note on Friday, November 8th. BMO Capital Markets dropped their price target on shares of AMN Healthcare Services from $50.00 to $46.00 and set an “outperform” rating for the company in a research note on Monday, November 11th. 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 note on Tuesday, October 22nd. Benchmark reissued a “hold” rating on shares of AMN Healthcare Services in a report on Wednesday, October 2nd. Finally, Bank of America downgraded AMN Healthcare Services from a “neutral” rating to an “underperform” rating and reduced their target price for the stock from $65.00 to $48.00 in a report on Monday, October 7th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, AMN Healthcare Services presently has an average rating of “Hold” and an average target price of $48.33.

AMN Healthcare Services Profile

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.