Vanguard Group Inc. Sells 64,520 Shares of AMN Healthcare Services Inc $AMN

Key Points

• Vanguard Group Inc. has reduced its holdings in AMN Healthcare Services Inc by 1.5%, selling 64,520 shares and now owning approximately 11.44% of the company.
• Several other large investors, such as Golden State Wealth Management and LRI Investments, have significantly increased their stakes in AMN, indicating varied institutional interest in the company's stock.
• AMN Healthcare Services reported a quarterly revenue decrease of 11.1% year-over-year, with earnings per share of $0.30 for the last quarter, surpassing analysts' expectations.

Vanguard Group Inc. lessened its stake in AMN Healthcare Services Inc (NYSE:AMN - Free Report) by 1.5% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,370,346 shares of the company's stock after selling 64,520 shares during the quarter. Vanguard Group Inc. owned 11.44% of AMN Healthcare Services worth $106,899,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in AMN. Newtyn Management LLC acquired a new position in shares of AMN Healthcare Services in the fourth quarter valued at approximately $28,417,000. Voloridge Investment Management LLC acquired a new position in shares of AMN Healthcare Services in the fourth quarter valued at approximately $12,685,000. Pacer Advisors Inc. bought a new stake in shares of AMN Healthcare Services in the first quarter worth $11,831,000. Two Sigma Investments LP lifted its position in shares of AMN Healthcare Services by 228.8% in the fourth quarter. Two Sigma Investments LP now owns 532,694 shares of the company's stock worth $12,742,000 after purchasing an additional 370,691 shares in the last quarter. Finally, Invenomic Capital Management LP lifted its position in shares of AMN Healthcare Services by 406.3% in the fourth quarter. Invenomic Capital Management LP now owns 401,807 shares of the company's stock worth $9,611,000 after purchasing an additional 322,445 shares in the last quarter. Institutional investors and hedge funds own 99.23% of the company's stock.

Wall Street Analyst Weigh In

AMN has been the topic of a number of research reports. BMO Capital Markets cut 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. UBS Group cut their price objective on shares of 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. Finally, JMP Securities cut 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 investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $28.25.

AMN Healthcare Services Stock Performance

Shares of AMN traded down $0.08 during trading hours on Thursday, hitting $20.04. The company had a trading volume of 458,496 shares, compared to its average volume of 1,182,619. The firm has a market cap of $767.74 million, a price-to-earnings ratio of -2.58 and a beta of 0.10. The business has a fifty day moving average of $19.91 and a 200-day moving average of $21.46. AMN Healthcare Services Inc has a 12 month low of $14.86 and a 12 month high of $54.00. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.51.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last issued 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. The company had revenue of $658.18 million for 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 company's revenue was down 11.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.98 earnings per share. AMN Healthcare Services has set its Q3 2025 guidance at EPS. Equities analysts anticipate that AMN Healthcare Services Inc will post 1.33 EPS for the current fiscal year.

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.