Systematic Financial Management LP Lowers Holdings in AMN Healthcare Services Inc $AMN

Key Points

• Systematic Financial Management LP reduced its holdings in AMN Healthcare Services Inc by 10.0%, owning 278,586 shares after selling 31,087 shares in the 1st quarter.
• Other institutional investors like Golden State Wealth Management and Caitong International have significantly increased their stakes in AMN, with increases of 107.0% and 3,142.6% respectively during the same period.
• AMN Healthcare recently reported a net loss with a negative net margin of 10.75%, despite beating earnings expectations with $0.30 EPS versus a $0.17 consensus estimate.

Systematic Financial Management LP lessened its stake in AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 10.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 278,586 shares of the company's stock after selling 31,087 shares during the quarter. Systematic Financial Management LP owned 0.73% of AMN Healthcare Services worth $6,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Golden State Wealth Management LLC raised its holdings in shares of AMN Healthcare Services by 107.0% during the first 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 last quarter. Caitong International Asset Management Co. Ltd grew its position in AMN Healthcare Services by 3,142.6% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,524 shares of the company's stock worth $37,000 after purchasing an additional 1,477 shares during the period. LRI Investments LLC lifted its holdings in AMN Healthcare Services by 368.2% in the fourth quarter. LRI Investments LLC now owns 1,620 shares of the company's stock valued at $39,000 after acquiring an additional 1,274 shares during the period. Covestor Ltd boosted its position 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 purchasing an additional 1,736 shares during 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 buying an additional 2,260 shares during the period. 99.23% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on the company. BMO Capital Markets cut their price target on AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating for the company in a report on Monday, August 11th. UBS Group lowered their target price on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating on the stock in a research note on Tuesday, May 13th. Finally, JMP Securities dropped their price target on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating for the company in a research note on Tuesday, August 12th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, AMN Healthcare Services presently has a consensus rating of "Hold" and a consensus price target of $28.25.

AMN Healthcare Services Trading Down 1.4%

Shares of AMN traded down $0.30 during trading hours on Tuesday, reaching $20.39. 923,461 shares of the company traded hands, compared to its average volume of 1,165,680. The stock's fifty day moving average price is $20.00 and its 200 day moving average price is $21.50. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.51. The firm has a market cap of $781.42 million, a price-to-earnings ratio of -2.62 and a beta of 0.10. AMN Healthcare Services Inc has a 12-month low of $14.86 and a 12-month high of $54.00.

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 analysts' consensus estimates of $0.17 by $0.13. The company had revenue of $658.18 million during the quarter, compared to analyst estimates of $652.89 million. AMN Healthcare Services had a negative net margin of 10.75% and a positive return on equity of 11.09%. The firm's revenue for the quarter was down 11.1% on a year-over-year basis. During the same quarter last year, the business posted $0.98 EPS. AMN Healthcare Services has set its Q3 2025 guidance at EPS. Sell-side analysts forecast that AMN Healthcare Services Inc will post 1.33 earnings per share 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.