Fox Run Management L.L.C. Increases Position in AMN Healthcare Services Inc $AMN

Key Points

• Fox Run Management L.L.C. increased its stake in AMN Healthcare Services by 89.6% during the first quarter, owning 29,448 shares valued at approximately $720,000.
• AMN Healthcare Services reported a net loss per share of $0.30, exceeding estimates but showing an 11.1% year-over-year revenue decline.
• Wall Street analysts have lowered their price targets for AMN, with the consensus rating at "Hold" and target price of $28.25.

Fox Run Management L.L.C. grew its stake in AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 89.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,448 shares of the company's stock after buying an additional 13,917 shares during the period. Fox Run Management L.L.C. owned approximately 0.08% of AMN Healthcare Services worth $720,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Golden State Wealth Management LLC increased 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 acquiring an additional 599 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in shares of AMN Healthcare Services by 3,142.6% during the 1st 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 lifted its position in AMN Healthcare Services by 368.2% in the 4th quarter. LRI Investments LLC now owns 1,620 shares of the company's stock worth $39,000 after buying an additional 1,274 shares during the last quarter. Covestor Ltd boosted 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 worth $114,000 after buying an additional 1,736 shares in the last quarter. Finally, GAMMA Investing LLC grew 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 acquiring an additional 2,260 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Trading Up 7.8%

Shares of NYSE AMN traded up $1.5350 during midday trading on Friday, hitting $21.1850. 358,112 shares of the company traded hands, compared to its average volume of 893,251. AMN Healthcare Services Inc has a 12-month low of $14.86 and a 12-month high of $54.01. The firm has a market cap of $811.81 million, a P/E ratio of -2.73 and a beta of 0.10. The stock has a 50-day moving average price of $20.07 and a 200 day moving average price of $21.65. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.00 and a current ratio of 1.00.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share for the quarter, beating the consensus estimate 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 business had revenue of $658.18 million for the quarter, compared to analysts' expectations of $652.89 million. During the same period in the previous year, the firm posted $0.98 EPS. The business's revenue was down 11.1% on a year-over-year basis. AMN Healthcare Services has set its Q3 2025 guidance at EPS. As a group, analysts expect that AMN Healthcare Services Inc will post 1.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AMN. BMO Capital Markets cut 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 note on Monday, August 11th. JMP Securities reduced their price objective on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating on the stock in a research note on Tuesday, August 12th. Finally, UBS Group lowered their target price on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $28.25.

About AMN Healthcare Services

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.