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) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 132,789 shares of the company's stock, valued at approximately $3,248,000. Trexquant Investment LP owned approximately 0.35% of AMN Healthcare Services at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Golden State Wealth Management LLC raised its stake in AMN Healthcare Services by 107.0% in 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 in the last quarter. Caitong International Asset Management Co. Ltd raised its stake 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 valued at $37,000 after buying an additional 1,477 shares in the last quarter. LRI Investments LLC raised its stake in AMN Healthcare Services by 368.2% in the fourth quarter. LRI Investments LLC now owns 1,620 shares of the company's stock valued at $39,000 after buying an additional 1,274 shares in the last quarter. Covestor Ltd raised its stake in AMN Healthcare Services by 59.6% in the first quarter. Covestor Ltd now owns 4,650 shares of the company's stock valued at $114,000 after buying an additional 1,736 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in AMN Healthcare Services by 74.9% in 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 in the last quarter. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMN has been the topic of a number of analyst reports. UBS Group cut their price target on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. BMO Capital Markets cut their target price on AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating on the stock in a research report on Monday, August 11th. Finally, JMP Securities cut their target price on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating on the stock in a research report on Tuesday, August 12th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, AMN Healthcare Services presently has an average rating of "Hold" and an average target price of $28.25.

AMN Healthcare Services Stock Performance

AMN stock traded up $0.53 during trading on Friday, hitting $20.76. The company had a trading volume of 873,658 shares, compared to its average volume of 1,047,113. The firm has a market cap of $795.64 million, a PE ratio of -2.67 and a beta of 0.12. AMN Healthcare Services Inc has a 1-year low of $14.86 and a 1-year high of $52.51. The firm has a 50-day moving average price of $19.81 and a 200-day moving average price of $21.31. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.51.

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

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.