GAMMA Investing LLC Acquires 126,082 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

GAMMA Investing LLC raised its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 4,177.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 129,100 shares of the company's stock after purchasing an additional 126,082 shares during the quarter. GAMMA Investing LLC owned 0.34% of AMN Healthcare Services worth $3,158,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Jones Financial Companies Lllp grew its stake in shares of AMN Healthcare Services by 33.4% during the 4th quarter. Jones Financial Companies Lllp now owns 1,505 shares of the company's stock valued at $36,000 after purchasing an additional 377 shares during the period. Cresset Asset Management LLC lifted its position in shares of AMN Healthcare Services by 5.6% during the 4th quarter. Cresset Asset Management LLC now owns 10,761 shares of the company's stock valued at $257,000 after buying an additional 566 shares in the last quarter. Blue Trust Inc. lifted its position in shares of AMN Healthcare Services by 46.3% during the 4th quarter. Blue Trust Inc. now owns 2,381 shares of the company's stock valued at $57,000 after buying an additional 754 shares in the last quarter. Covestor Ltd lifted its position in shares of AMN Healthcare Services by 41.0% during the 4th quarter. Covestor Ltd now owns 2,914 shares of the company's stock valued at $70,000 after buying an additional 848 shares in the last quarter. Finally, AlphaQuest LLC lifted its position in shares of AMN Healthcare Services by 12.1% during the 4th quarter. AlphaQuest LLC now owns 8,840 shares of the company's stock valued at $211,000 after buying an additional 954 shares in the last quarter. 99.23% of the stock is currently owned by institutional investors.

AMN Healthcare Services Price Performance

NYSE AMN traded down $0.07 during trading hours on Friday, reaching $21.55. The company's stock had a trading volume of 413,830 shares, compared to its average volume of 916,295. The firm's 50-day moving average price is $20.51 and its 200-day moving average price is $23.66. The company has a quick ratio of 1.18, a current ratio of 1.09 and a debt-to-equity ratio of 1.49. AMN Healthcare Services, Inc. has a 1 year low of $17.45 and a 1 year high of $70.07. The company has a market capitalization of $825.04 million, a price-to-earnings ratio of -5.60 and a beta of 0.19.

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, topping analysts' consensus estimates of $0.19 by $0.26. AMN Healthcare Services had a positive return on equity of 15.22% and a negative net margin of 4.93%. The business had revenue of $689.53 million for the quarter, compared to the consensus estimate of $670.08 million. During the same quarter in the previous year, the company posted $0.97 EPS. The company's revenue was down 16.0% compared to the same quarter last year. On average, equities research analysts predict that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. UBS Group lowered their price objective on AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a research report on Tuesday, May 13th. Truist Financial lowered their price objective on AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 15th. Wall Street Zen raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a research report on Tuesday, March 25th. Finally, BMO Capital Markets lowered their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating on the stock in a research report on Monday, February 24th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $32.08.

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.