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1,188,016 Shares in AMN Healthcare Services, Inc. (NYSE:AMN) Purchased by Newtyn Management LLC

AMN Healthcare Services logo with Medical background

Newtyn Management LLC acquired a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,188,016 shares of the company's stock, valued at approximately $28,417,000. AMN Healthcare Services makes up 4.9% of Newtyn Management LLC's holdings, making the stock its 8th biggest holding. Newtyn Management LLC owned approximately 3.12% of AMN Healthcare Services as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in AMN Healthcare Services by 2.5% during the 4th quarter. Vanguard Group Inc. now owns 4,434,866 shares of the company's stock worth $106,082,000 after buying an additional 108,284 shares in the last quarter. WCM Investment Management LLC increased its holdings in AMN Healthcare Services by 98.8% in the fourth quarter. WCM Investment Management LLC now owns 1,107,405 shares of the company's stock valued at $26,367,000 after purchasing an additional 550,427 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in AMN Healthcare Services by 32.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 887,211 shares of the company's stock worth $21,222,000 after buying an additional 217,643 shares during the period. Northern Trust Corp raised its stake in AMN Healthcare Services by 30.0% during the 4th quarter. Northern Trust Corp now owns 641,106 shares of the company's stock worth $15,335,000 after buying an additional 148,116 shares during the period. Finally, Millennium Management LLC raised its stake in AMN Healthcare Services by 134.4% during the 4th quarter. Millennium Management LLC now owns 462,186 shares of the company's stock worth $11,055,000 after buying an additional 265,011 shares during the period. Institutional investors and hedge funds own 99.23% of the company's stock.

AMN Healthcare Services Trading Down 1.5%

Shares of AMN Healthcare Services stock traded down $0.34 during trading on Monday, hitting $22.35. The company's stock had a trading volume of 176,123 shares, compared to its average volume of 915,573. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.09 and a quick ratio of 1.18. AMN Healthcare Services, Inc. has a 52 week low of $17.45 and a 52 week high of $70.07. The stock has a market cap of $855.67 million, a price-to-earnings ratio of -5.80 and a beta of 0.16. The stock has a 50-day moving average price of $21.43 and a two-hundred day moving average price of $24.74.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.26. AMN Healthcare Services had a negative net margin of 4.93% and a positive return on equity of 15.22%. The firm had revenue of $689.53 million for the quarter, compared to analyst estimates of $670.08 million. During the same quarter in the prior year, the business earned $0.97 earnings per share. The business's quarterly revenue was down 16.0% compared to the same quarter last year. Equities research analysts anticipate that AMN Healthcare Services, Inc. will post 1.33 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on AMN shares. JMP Securities reiterated a "market outperform" rating and set a $34.00 target price on shares of AMN Healthcare Services in a report on Thursday, February 6th. BMO Capital Markets reduced their price objective on AMN Healthcare Services from $38.00 to $33.00 and set an "outperform" rating for the company in a report on Monday, February 24th. Truist Financial dropped their price target on shares of AMN Healthcare Services from $40.00 to $25.00 and set a "buy" rating for the company in a research report on Tuesday, April 15th. UBS Group lowered their price objective on shares of AMN Healthcare Services from $30.00 to $25.50 and set a "neutral" rating for the company in a research report on Tuesday, May 13th. Finally, StockNews.com upgraded shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday, March 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $32.08.

Read Our Latest Stock Report on AMN

AMN Healthcare Services Company 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.

Further Reading

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

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