Nordea Investment Management AB Acquires 100,019 Shares of AMN Healthcare Services Inc $AMN

Key Points

• Nordea Investment Management AB increased its stake in AMN Healthcare Services by 122.1% during the second quarter, owning approximately 0.48% of the company after acquiring an additional 100,019 shares.
• AMN Healthcare Services reported earnings of $0.30 per share for the last quarter, surpassing estimates, but had a revenue decline of 11.1% year-over-year.
• Equity analysts have a consensus rating of "Hold" on AMN Healthcare Services, with target prices varying widely, implying mixed outlooks among investors.

Nordea Investment Management AB increased its holdings in AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 122.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 181,907 shares of the company's stock after purchasing an additional 100,019 shares during the quarter. Nordea Investment Management AB owned approximately 0.48% of AMN Healthcare Services worth $3,833,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Golden State Wealth Management LLC grew its stake in shares of 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 worth $28,000 after purchasing an additional 599 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its holdings in AMN Healthcare Services by 3,142.6% in the first 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 during the period. Caption Management LLC lifted its holdings in AMN Healthcare Services by 400.0% in the first quarter. Caption Management LLC now owns 2,500 shares of the company's stock valued at $61,000 after buying an additional 2,000 shares during the period. Strs Ohio acquired a new position in AMN Healthcare Services in the first quarter valued at $95,000. Finally, Covestor Ltd lifted its holdings in AMN Healthcare Services by 59.6% in the first quarter. Covestor Ltd now owns 4,650 shares of the company's stock valued at $114,000 after buying an additional 1,736 shares during the period. Institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Price Performance

Shares of NYSE AMN opened at $20.49 on Wednesday. The firm's 50-day moving average price is $19.57 and its 200-day moving average price is $20.07. AMN Healthcare Services Inc has a 1-year low of $14.86 and a 1-year high of $42.41. The firm has a market capitalization of $785.29 million, a P/E ratio of -2.64 and a beta of 0.15. 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 (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 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 firm had revenue of $658.18 million for the quarter, compared to analyst estimates of $652.89 million. During the same quarter in the prior year, the business earned $0.98 earnings per share. The business'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 research analysts anticipate that AMN Healthcare Services Inc will post 1.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. BMO Capital Markets dropped their target price on shares of AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating on the stock in a report on Monday, August 11th. Weiss Ratings restated a "sell (d-)" rating on shares of AMN Healthcare Services in a report on Wednesday, October 8th. Truist Financial boosted their target price on shares of AMN Healthcare Services from $20.00 to $24.00 and gave the company a "buy" rating in a report on Monday, October 13th. Bank of America dropped their target price on shares of AMN Healthcare Services from $20.00 to $18.00 and set an "underperform" rating on the stock in a report on Wednesday, September 10th. Finally, JMP Securities dropped their target price on shares of 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. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, AMN Healthcare Services has a consensus rating of "Hold" and a consensus target price of $23.08.

AMN Healthcare Services Company 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.

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