Boothbay Fund Management LLC Acquires Shares of 17,167 AMN Healthcare Services, Inc. (NYSE:AMN)

Boothbay Fund Management LLC bought a new position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 17,167 shares of the company's stock, valued at approximately $411,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its position in shares of AMN Healthcare Services by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company's stock valued at $106,082,000 after purchasing an additional 108,284 shares during the period. WCM Investment Management LLC boosted its stake in AMN Healthcare Services by 98.8% in the 4th quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock worth $26,367,000 after buying an additional 550,427 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in AMN Healthcare Services by 32.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock valued at $21,222,000 after buying an additional 217,643 shares during the period. Reinhart Partners LLC. acquired a new position in shares of AMN Healthcare Services during the 4th quarter valued at about $12,341,000. Finally, Invesco Ltd. lifted its holdings in shares of AMN Healthcare Services by 92.4% during the 4th quarter. Invesco Ltd. now owns 388,564 shares of the company's stock worth $9,294,000 after acquiring an additional 186,630 shares during the period. 99.23% of the stock is owned by hedge funds and other institutional investors.

AMN Healthcare Services Stock Up 4.1 %

Shares of AMN traded up $0.83 during midday trading on Friday, reaching $21.25. 810,930 shares of the company were exchanged, compared to its average volume of 917,573. AMN Healthcare Services, Inc. has a 1-year low of $17.45 and a 1-year high of $70.07. The stock has a 50-day moving average price of $22.35 and a 200-day moving average price of $26.14. The company has a current ratio of 1.09, a quick ratio of 1.18 and a debt-to-equity ratio of 1.49. The company has a market cap of $811.52 million, a price-to-earnings ratio of -5.52 and a beta of -0.03.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.75 earnings per share for the quarter, topping analysts' consensus estimates of $0.52 by $0.23. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The firm had revenue of $734.71 million during the quarter, compared to analysts' expectations of $694.38 million. Research analysts expect that AMN Healthcare Services, Inc. will post 1.33 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on AMN shares. StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. Truist Financial cut their target price on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. BMO Capital Markets reduced their target price on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a report on Monday, February 24th. Finally, JMP Securities restated a "market outperform" rating and issued a $34.00 price objective on shares of AMN Healthcare Services in a report on Thursday, February 6th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, AMN Healthcare Services has an average rating of "Hold" and a consensus price target of $38.67.

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.