Trexquant Investment LP Takes Position in AMN Healthcare Services Inc $AMN

Key Points

• Trexquant Investment LP acquired 132,789 shares in AMN Healthcare Services Inc, valued at approximately $3.25 million, during the first quarter, representing around 0.35% of the company's stock.
• Analyst ratings for AMN Healthcare have recently seen price target reductions, with BMO Capital setting a new target of $22.00 and UBS Group at $25.50, amid a consensus rating of "Hold."
• AMN Healthcare reported a quarterly EPS of $0.30, surpassing analysts' expectations, while revenue declined by 11.1% year-over-year to $658.18 million.

Trexquant Investment LP purchased a new stake in AMN Healthcare Services Inc (NYSE:AMN - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 132,789 shares of the company's stock, valued at approximately $3,248,000. Trexquant Investment LP owned about 0.35% of AMN Healthcare Services at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Golden State Wealth Management LLC boosted its position in shares of AMN Healthcare Services by 107.0% during the first quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company's stock valued at $28,000 after buying an additional 599 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in AMN Healthcare Services by 3,142.6% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,524 shares of the company's stock worth $37,000 after purchasing an additional 1,477 shares during the last quarter. LRI Investments LLC grew its holdings in AMN Healthcare Services by 368.2% in the fourth quarter. LRI Investments LLC now owns 1,620 shares of the company's stock worth $39,000 after purchasing an additional 1,274 shares during the last quarter. Covestor Ltd grew its holdings in AMN Healthcare Services by 59.6% in the first quarter. Covestor Ltd now owns 4,650 shares of the company's stock worth $114,000 after purchasing an additional 1,736 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of AMN Healthcare Services by 74.9% during the first quarter. GAMMA Investing LLC now owns 5,278 shares of the company's stock valued at $129,000 after buying an additional 2,260 shares during the last quarter. Institutional investors own 99.23% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the stock. UBS Group dropped their price objective on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a report on Tuesday, May 13th. BMO Capital Markets decreased their price objective on shares of AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating for the company in a research report on Monday, August 11th. Finally, JMP Securities decreased their price objective on shares of AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating for the company in a research report on Tuesday, August 12th. Three equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $28.25.

AMN Healthcare Services Price Performance

AMN stock traded down $0.42 during mid-day trading on Monday, reaching $20.43. The company's stock had a trading volume of 45,876 shares, compared to its average volume of 883,225. The stock has a market cap of $783.03 million, a PE ratio of -2.62 and a beta of 0.11. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. AMN Healthcare Services Inc has a fifty-two week low of $14.86 and a fifty-two week high of $48.49. The company's 50 day moving average is $19.81 and its two-hundred day moving average is $21.28.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.13. The company had revenue of $658.18 million during the quarter, compared to the consensus estimate of $652.89 million. AMN Healthcare Services had a negative net margin of 10.75% and a positive return on equity of 11.09%. AMN Healthcare Services's quarterly revenue was down 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.98 EPS. AMN Healthcare Services has set its Q3 2025 guidance at EPS. Equities research analysts expect that AMN Healthcare Services Inc will post 1.33 EPS for the current year.

AMN Healthcare Services Company 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.