Free Trial

Vident Advisory LLC Purchases Shares of 21,823 AMN Healthcare Services Inc $AMN

AMN Healthcare Services logo with Medical background

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.
  • Interested in AMN Healthcare Services? Here are five stocks we like better.

Vident Advisory LLC bought a new stake in AMN Healthcare Services Inc (NYSE:AMN - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 21,823 shares of the company's stock, valued at approximately $534,000. Vident Advisory LLC owned about 0.06% of AMN Healthcare Services at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Golden State Wealth Management LLC boosted its stake in shares of 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 last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of 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 valued at $37,000 after purchasing an additional 1,477 shares during the last quarter. LRI Investments LLC boosted its stake in shares of AMN Healthcare Services by 368.2% in the 4th quarter. LRI Investments LLC now owns 1,620 shares of the company's stock valued at $39,000 after purchasing an additional 1,274 shares during the last quarter. Covestor Ltd boosted its stake in shares of AMN Healthcare Services by 59.6% in the 1st quarter. Covestor Ltd now owns 4,650 shares of the company's stock valued at $114,000 after purchasing an additional 1,736 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of AMN Healthcare Services by 74.9% in the 1st quarter. GAMMA Investing LLC now owns 5,278 shares of the company's stock valued at $129,000 after purchasing an additional 2,260 shares during the last quarter. Institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Trading Down 3.9%

AMN Healthcare Services stock traded down $0.74 during midday trading on Friday, hitting $18.23. 1,345,386 shares of the stock were exchanged, compared to its average volume of 948,407. The company has a fifty day simple moving average of $19.61 and a two-hundred day simple moving average of $21.11. AMN Healthcare Services Inc has a 52 week low of $14.86 and a 52 week high of $48.49. The stock has a market capitalization of $698.38 million, a PE ratio of -2.35 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 (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.30 earnings per share 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 last year, the firm earned $0.98 EPS. AMN Healthcare Services'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 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on AMN shares. Bank of America reduced 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 research note on Wednesday. BMO Capital Markets reduced 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 note on Monday, August 11th. Finally, JMP Securities reduced 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 note on Tuesday, August 12th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $23.25.

Get Our Latest Research Report on AMN Healthcare Services

AMN Healthcare Services Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for AMN Healthcare Services (NYSE:AMN)

Should You Invest $1,000 in AMN Healthcare Services Right Now?

Before you consider AMN Healthcare Services, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AMN Healthcare Services wasn't on the list.

While AMN Healthcare Services currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.