Vident Advisory LLC Takes Position in AMN Healthcare Services Inc $AMN

Key Points

• Vident Advisory LLC invested approximately $534,000 in AMN Healthcare Services by purchasing 21,823 shares during the first quarter.
• Analysts have lowered their price targets for AMN Healthcare Services, with UBS Group setting a new target of $25.50, reflecting a bearish outlook for the stock.
• AMN Healthcare reported $658.18 million in revenue for the last quarter, exceeding analyst estimates, but saw a negative net margin of 10.75% and a significant year-over-year earnings decline.

Vident Advisory LLC acquired a new stake in AMN Healthcare Services Inc (NYSE:AMN - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 21,823 shares of the company's stock, valued at approximately $534,000. Vident Advisory LLC owned approximately 0.06% of AMN Healthcare Services as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Price T Rowe Associates Inc. MD boosted its stake in AMN Healthcare Services by 8.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 33,045 shares of the company's stock valued at $791,000 after buying an additional 2,597 shares in the last quarter. Northern Trust Corp lifted its stake in shares of AMN Healthcare Services by 30.0% during the fourth quarter. Northern Trust Corp now owns 641,106 shares of the company's stock valued at $15,335,000 after acquiring an additional 148,116 shares during the period. Jane Street Group LLC increased its holdings in AMN Healthcare Services by 16.3% in the fourth quarter. Jane Street Group LLC now owns 164,563 shares of the company's stock valued at $3,936,000 after purchasing an additional 23,045 shares during the last quarter. AXA S.A. bought a new stake in AMN Healthcare Services in the fourth quarter valued at about $275,000. Finally, Algert Global LLC acquired a new position in AMN Healthcare Services in the fourth quarter valued at about $1,105,000. 99.23% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently weighed in on AMN. Bank of America reduced their price objective on AMN Healthcare Services from $20.00 to $18.00 and set an "underperform" rating for the company in a research report on Wednesday. JMP Securities dropped their price objective on AMN Healthcare Services from $33.00 to $22.00 and set a "market outperform" rating on the stock in a research note on Tuesday, August 12th. Finally, BMO Capital Markets lowered their target price on AMN Healthcare Services from $27.00 to $22.00 and set an "outperform" rating on the stock in a research note on Monday, August 11th. Three research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, AMN Healthcare Services presently has an average rating of "Hold" and an average price target of $23.25.

AMN Healthcare Services Stock Down 3.9%

AMN stock traded down $0.76 during mid-day trading on Thursday, reaching $18.83. 1,218,901 shares of the company traded hands, compared to its average volume of 891,007. The stock has a market cap of $721.60 million, a price-to-earnings ratio of -2.43 and a beta of 0.12. 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 Inc has a fifty-two week low of $14.86 and a fifty-two week high of $48.49. The firm's 50 day moving average price is $19.74 and its 200 day moving average price is $21.22.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.30 EPS for the quarter, topping analysts' consensus estimates 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 company had revenue of $658.18 million for the quarter, compared to analysts' expectations of $652.89 million. During the same quarter in the previous year, the firm posted $0.98 EPS. AMN Healthcare Services's revenue was down 11.1% on a year-over-year basis. AMN Healthcare Services has set its Q3 2025 guidance at EPS. As a group, equities research analysts predict that AMN Healthcare Services Inc will post 1.33 EPS for the current fiscal 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.