Handelsbanken Fonder AB Has $17.79 Million Stock Holdings in AMN Healthcare Services, Inc. (NYSE:AMN)

Handelsbanken Fonder AB decreased its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 23.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 237,616 shares of the company's stock after selling 72,300 shares during the quarter. Handelsbanken Fonder AB owned 0.63% of AMN Healthcare Services worth $17,793,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. QRG Capital Management Inc. purchased a new position in AMN Healthcare Services in the 3rd quarter valued at about $211,000. Arkadios Wealth Advisors raised its stake in AMN Healthcare Services by 16.3% during the third quarter. Arkadios Wealth Advisors now owns 2,804 shares of the company's stock worth $239,000 after acquiring an additional 392 shares during the period. Quantbot Technologies LP acquired a new stake in AMN Healthcare Services during the third quarter worth about $240,000. Belpointe Asset Management LLC raised its stake in AMN Healthcare Services by 7.3% during the third quarter. Belpointe Asset Management LLC now owns 3,219 shares of the company's stock worth $274,000 after acquiring an additional 218 shares during the period. Finally, NBC Securities Inc. acquired a new stake in shares of AMN Healthcare Services in the third quarter valued at approximately $296,000. Hedge funds and other institutional investors own 99.23% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. BMO Capital Markets dropped their target price on AMN Healthcare Services from $85.00 to $83.00 and set an "outperform" rating on the stock in a report on Tuesday, February 20th. JMP Securities dropped their target price on AMN Healthcare Services from $87.00 to $75.00 and set a "market outperform" rating on the stock in a report on Monday, February 26th. StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Tuesday. Finally, Truist Financial dropped their target price on AMN Healthcare Services from $88.00 to $70.00 and set a "buy" rating on the stock in a report on Monday. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $85.00.

AMN Healthcare Services Price Performance

AMN Healthcare Services stock traded up $0.65 during mid-day trading on Tuesday, hitting $57.16. The company's stock had a trading volume of 502,322 shares, compared to its average volume of 773,194. AMN Healthcare Services, Inc. has a twelve month low of $53.77 and a twelve month high of $112.44. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of $2.17 billion, a P/E ratio of 10.81 and a beta of 0.22. The stock's fifty day moving average price is $60.30 and its two-hundred day moving average price is $68.06.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last released its quarterly earnings data on Thursday, February 15th. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.25 by $0.07. AMN Healthcare Services had a net margin of 5.56% and a return on equity of 38.29%. The business had revenue of $818.27 million during the quarter, compared to analyst estimates of $803.14 million. During the same quarter in the previous year, the business earned $2.48 EPS. AMN Healthcare Services's quarterly revenue was down 27.3% compared to the same quarter last year. Research analysts forecast that AMN Healthcare Services, Inc. will post 3.97 earnings per share for the current year.

Insider Activity at AMN Healthcare Services

In other AMN Healthcare Services news, CEO Caroline Grace acquired 17,500 shares of AMN Healthcare Services stock in a transaction that occurred on Tuesday, February 27th. The stock was acquired at an average price of $56.68 per share, with a total value of $991,900.00. Following the purchase, the chief executive officer now owns 27,178 shares in the company, valued at $1,540,449.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CFO Jeffrey R. Knudson bought 6,951 shares of the business's stock in a transaction on Wednesday, February 28th. The stock was purchased at an average price of $57.75 per share, with a total value of $401,420.25. Following the transaction, the chief financial officer now directly owns 27,804 shares in the company, valued at $1,605,681. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Caroline Grace bought 17,500 shares of the business's stock in a transaction on Tuesday, February 27th. The shares were purchased at an average cost of $56.68 per share, with a total value of $991,900.00. Following the transaction, the chief executive officer now owns 27,178 shares in the company, valued at $1,540,449.04. The disclosure for this purchase can be found here. In the last 90 days, insiders acquired 26,626 shares of company stock valued at $1,516,899. Insiders own 0.93% of the company's stock.

AMN Healthcare Services Company 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.