Jump Financial LLC Purchases 24,300 Shares of AMN Healthcare Services Inc $AMN

Key Points

• Jump Financial LLC increased its stake in AMN Healthcare Services by 97.2%, acquiring an additional 24,300 shares during the first quarter, bringing their total to 49,300 shares worth approximately $1.2 million.
• Several institutional investors, including AlphaQuest LLC and Algert Global LLC, made significant increases in their positions, reflecting strong interest in AMN Healthcare, with hedge funds owning 99.23% of the stock.
• Wall Street analysts have downgraded their price targets for AMN Healthcare Services, with the consensus rating being "Hold" and an average price target of $28.25, signaling cautious optimism amidst recent performance declines.

Jump Financial LLC raised its position in AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 97.2% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 49,300 shares of the company's stock after purchasing an additional 24,300 shares during the period. Jump Financial LLC owned 0.13% of AMN Healthcare Services worth $1,206,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Cresset Asset Management LLC boosted its holdings in AMN Healthcare Services by 5.6% in the 4th quarter. Cresset Asset Management LLC now owns 10,761 shares of the company's stock valued at $257,000 after purchasing an additional 566 shares during the period. Golden State Wealth Management LLC boosted its holdings in AMN Healthcare Services by 107.0% in the 1st quarter. Golden State Wealth Management LLC now owns 1,159 shares of the company's stock valued at $28,000 after purchasing an additional 599 shares during the period. MetLife Investment Management LLC boosted its holdings in AMN Healthcare Services by 4.4% in the 4th quarter. MetLife Investment Management LLC now owns 23,608 shares of the company's stock valued at $565,000 after purchasing an additional 999 shares during the period. First National Advisers LLC boosted its holdings in AMN Healthcare Services by 7.8% in the 1st quarter. First National Advisers LLC now owns 14,068 shares of the company's stock valued at $344,000 after purchasing an additional 1,020 shares during the period. Finally, Aristeia Capital L.L.C. lifted its holdings in shares of AMN Healthcare Services by 10.2% during the 4th quarter. Aristeia Capital L.L.C. now owns 11,891 shares of the company's stock worth $284,000 after acquiring an additional 1,105 shares during the last quarter. 99.23% of the stock is owned by institutional investors.

Analyst Ratings Changes

AMN has been the subject of a number of research analyst reports. UBS Group dropped their price objective on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a report on Tuesday, May 13th. BMO Capital Markets decreased their price objective on shares of AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating on the stock in a research report on Monday, August 11th. Finally, JMP Securities decreased their price objective on shares of AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating on the stock in a research report on Tuesday, August 12th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $28.25.

AMN Healthcare Services Stock Down 3.3%

NYSE:AMN traded down $0.68 during mid-day trading on Wednesday, hitting $19.83. 312,239 shares of the company's stock were exchanged, compared to its average volume of 888,527. AMN Healthcare Services Inc has a one year low of $14.86 and a one year high of $53.78. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.00 and a quick ratio of 1.00. The business has a fifty day moving average price of $19.85 and a 200 day moving average price of $21.38. The company has a market cap of $759.69 million, a PE ratio of -2.55 and a beta of 0.12.

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

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.