Russell Investments Group Ltd. Has $5.19 Million Stock Holdings in AMN Healthcare Services Inc $AMN

Key Points

• Russell Investments Group Ltd. increased its holdings in AMN Healthcare Services by 11.9%, acquiring an additional 22,578 shares, making its total ownership approximately 212,312 shares valued at $5.19 million.
• In its latest earnings report, AMN Healthcare Services posted $0.30 EPS, surpassing the consensus estimate of $0.17, but reported a revenue decline of 11.1% year-over-year.
• Several analysts have downgraded their price targets for AMN, with the current average target price at $28.25, reflecting a consensus rating of "Hold" among market analysts.

Russell Investments Group Ltd. grew its position in AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 11.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 212,312 shares of the company's stock after acquiring an additional 22,578 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.56% of AMN Healthcare Services worth $5,193,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Janney Montgomery Scott LLC lifted its stake in AMN Healthcare Services by 34.4% in the 1st quarter. Janney Montgomery Scott LLC now owns 15,145 shares of the company's stock worth $370,000 after acquiring an additional 3,880 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of AMN Healthcare Services during the 1st quarter worth about $592,000. Golden State Wealth Management LLC increased its holdings in shares of AMN Healthcare Services by 107.0% during the 1st quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company's stock valued at $28,000 after acquiring an additional 599 shares during the last quarter. Allspring Global Investments Holdings LLC acquired a new position in shares of AMN Healthcare Services during the 1st quarter valued at about $1,581,000. Finally, GAMMA Investing LLC increased its holdings in shares of AMN Healthcare Services by 74.9% during the 1st quarter. GAMMA Investing LLC now owns 5,278 shares of the company's stock valued at $129,000 after acquiring an additional 2,260 shares during the last quarter. 99.23% of the stock is owned by hedge funds and other institutional investors.

AMN Healthcare Services Stock Down 1.1%

Shares of AMN stock traded down $0.24 on Tuesday, hitting $20.46. 292,321 shares of the stock were exchanged, compared to its average volume of 892,915. The firm has a market capitalization of $783.84 million, a P/E ratio of -2.63 and a beta of 0.10. 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 $54.00. The business has a 50-day moving average of $20.03 and a 200 day moving average of $21.51.

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

Analysts Set New Price Targets

AMN has been the subject of several analyst reports. JMP Securities cut their target price on 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. 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 cut their target price on 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. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price 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.