21,536 Shares in AMN Healthcare Services Inc (NYSE:AMN) Acquired by Readystate Asset Management LP

Readystate Asset Management LP acquired a new position in shares of AMN Healthcare Services Inc (NYSE:AMN - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 21,536 shares of the company's stock, valued at approximately $527,000. Readystate Asset Management LP owned approximately 0.06% of AMN Healthcare Services as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of AMN. Golden State Wealth Management LLC grew its holdings 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 worth $28,000 after buying an additional 599 shares in the last quarter. LRI Investments LLC boosted its position in AMN Healthcare Services by 368.2% during the fourth quarter. LRI Investments LLC now owns 1,620 shares of the company's stock valued at $39,000 after purchasing an additional 1,274 shares during the last quarter. Covestor Ltd boosted its position in AMN Healthcare Services by 41.0% during the fourth quarter. Covestor Ltd now owns 2,914 shares of the company's stock valued at $70,000 after purchasing an additional 848 shares during the last quarter. GAMMA Investing LLC boosted its position in 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 purchasing an additional 2,260 shares during the last quarter. Finally, NBC Securities Inc. boosted its position in AMN Healthcare Services by 109,000.0% during the first quarter. NBC Securities Inc. now owns 5,455 shares of the company's stock valued at $133,000 after purchasing an additional 5,450 shares during the last quarter. 99.23% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AMN has been the subject of several recent research reports. Truist Financial reduced their price target on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. UBS Group reduced their price target on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, AMN Healthcare Services has a consensus rating of "Hold" and an average price target of $32.08.

AMN Healthcare Services Stock Performance

Shares of AMN traded up $0.23 during mid-day trading on Friday, reaching $19.83. The company's stock had a trading volume of 559,142 shares, compared to its average volume of 860,905. AMN Healthcare Services Inc has a 1-year low of $17.45 and a 1-year high of $70.07. The stock has a market cap of $758.98 million, a P/E ratio of -4.58 and a beta of 0.18. The business has a 50-day simple moving average of $21.22 and a two-hundred day simple moving average of $22.81. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.39.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.45 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $0.26. The company had revenue of $689.53 million during the quarter, compared to analysts' expectations of $670.08 million. AMN Healthcare Services had a positive return on equity of 13.39% and a negative net margin of 5.80%. The business's revenue was down 16.0% on a year-over-year basis. During the same period last year, the firm posted $0.97 earnings per share. As a group, equities research analysts anticipate that AMN Healthcare Services Inc will post 1.33 earnings per share for the current fiscal 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.