AlphaQuest LLC Raises Stock Holdings in AMN Healthcare Services Inc $AMN

Key Points

• AlphaQuest LLC increased its holding in AMN Healthcare Services by 144.8%, acquiring an additional 12,799 shares, bringing its total to 21,639 shares valued at $529,000.
• Multiple institutional investors, including Newtyn Management LLC and Charles Schwab Investment Management, have adjusted their stakes in AMN Healthcare, with 99.23% of the stock now owned by institutional investors.
• Analysts have downgraded AMN Healthcare's stock price targets, with firms like JMP Securities and BMO Capital Markets lowering their price objectives to $22.00, indicating a cautious outlook.

AlphaQuest LLC grew its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 144.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 21,639 shares of the company's stock after acquiring an additional 12,799 shares during the quarter. AlphaQuest LLC owned about 0.06% of AMN Healthcare Services worth $529,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of AMN. Newtyn Management LLC purchased a new position in shares of AMN Healthcare Services during the 4th quarter valued at about $28,417,000. Voloridge Investment Management LLC purchased a new position in shares of AMN Healthcare Services during the fourth quarter valued at approximately $12,685,000. Pacer Advisors Inc. purchased a new stake in AMN Healthcare Services in the first quarter worth $11,831,000. Two Sigma Investments LP grew its stake in AMN Healthcare Services by 228.8% in the fourth quarter. Two Sigma Investments LP now owns 532,694 shares of the company's stock worth $12,742,000 after purchasing an additional 370,691 shares during the period. Finally, Invenomic Capital Management LP boosted its holdings in AMN Healthcare Services by 406.3% in the fourth quarter. Invenomic Capital Management LP now owns 401,807 shares of the company's stock worth $9,611,000 after acquiring an additional 322,445 shares in the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

AMN Healthcare Services Stock Performance

Shares of AMN stock traded up $0.72 during mid-day trading on Friday, reaching $20.77. The stock had a trading volume of 1,062,903 shares, compared to its average volume of 1,166,227. The business's fifty day moving average is $19.88 and its 200-day moving average is $21.44. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. The firm has a market cap of $796.07 million, a price-to-earnings ratio of -2.67 and a beta of 0.10. AMN Healthcare Services Inc has a 1-year low of $14.86 and a 1-year high of $54.00.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.17 by $0.13. The business had revenue of $658.18 million for the quarter, compared to analyst estimates 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 company's revenue was down 11.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.98 earnings per share. AMN Healthcare Services has set its Q3 2025 guidance at EPS. On average, research analysts forecast that AMN Healthcare Services Inc will post 1.33 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on AMN shares. JMP Securities lowered their price target on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating on the stock in a report on Tuesday, August 12th. UBS Group cut their target price 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. Finally, BMO Capital Markets reduced their price objective on AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating on the stock in a research note on Monday, August 11th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, AMN Healthcare Services currently has a consensus rating of "Hold" and an average price target of $28.25.

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.