AMN Healthcare Services, Inc. (NYSE:AMN) Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. increased its position in AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) by 18.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 143,624 shares of the company's stock after buying an additional 22,308 shares during the period. Russell Investments Group Ltd. owned about 0.38% of AMN Healthcare Services worth $10,755,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Truist Financial Corp grew its holdings in AMN Healthcare Services by 25.2% during the 4th quarter. Truist Financial Corp now owns 7,614 shares of the company's stock valued at $570,000 after buying an additional 1,533 shares in the last quarter. State of New Jersey Common Pension Fund D grew its stake in AMN Healthcare Services by 31.6% during the fourth quarter. State of New Jersey Common Pension Fund D now owns 36,608 shares of the company's stock valued at $2,741,000 after acquiring an additional 8,783 shares in the last quarter. GAMMA Investing LLC bought a new stake in AMN Healthcare Services in the 4th quarter valued at $31,000. Linden Thomas Advisory Services LLC lifted its stake in AMN Healthcare Services by 8.2% in the 4th quarter. Linden Thomas Advisory Services LLC now owns 6,452 shares of the company's stock worth $483,000 after purchasing an additional 487 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in shares of AMN Healthcare Services by 0.3% during the 4th quarter. California Public Employees Retirement System now owns 80,223 shares of the company's stock valued at $6,007,000 after purchasing an additional 257 shares during the last quarter. Hedge funds and other institutional investors own 99.23% of the company's stock.

AMN Healthcare Services Trading Up 0.7 %

Shares of AMN traded up $0.41 during midday trading on Monday, hitting $59.94. The stock had a trading volume of 538,237 shares, compared to its average volume of 759,492. AMN Healthcare Services, Inc. has a 1 year low of $53.77 and a 1 year high of $112.44. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.28 and a quick ratio of 1.28. The stock's 50 day moving average is $59.23 and its 200 day moving average is $66.86. The firm has a market cap of $2.27 billion, a PE ratio of 11.33 and a beta of 0.22.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, February 15th. The company reported $1.32 earnings per share for the quarter, topping analysts' consensus estimates of $1.25 by $0.07. The company had revenue of $818.27 million for the quarter, compared to analyst estimates of $803.14 million. AMN Healthcare Services had a net margin of 5.56% and a return on equity of 38.29%. The firm's revenue for the quarter was down 27.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.48 EPS. As a group, analysts forecast that AMN Healthcare Services, Inc. will post 3.86 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Caroline Grace purchased 17,500 shares of the business's stock in a transaction dated Tuesday, February 27th. The shares were purchased at an average cost of $56.68 per share, for a total transaction of $991,900.00. Following the completion of the acquisition, the chief executive officer now owns 27,178 shares in the company, valued at approximately $1,540,449.04. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, Director Jorge A. Caballero bought 2,000 shares of the firm's stock in a transaction on Wednesday, March 6th. The stock was acquired at an average cost of $56.80 per share, with a total value of $113,600.00. Following the transaction, the director now directly owns 2,437 shares in the company, valued at approximately $138,421.60. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Caroline Grace purchased 17,500 shares of the company's stock in a transaction dated Tuesday, February 27th. The shares were purchased at an average cost of $56.68 per share, for a total transaction of $991,900.00. Following the transaction, the chief executive officer now directly owns 27,178 shares in the company, valued at approximately $1,540,449.04. The disclosure for this purchase can be found here. In the last three months, insiders acquired 26,626 shares of company stock valued at $1,516,899. Insiders own 0.93% of the company's stock.

Analyst Upgrades and Downgrades

AMN has been the topic of several research reports. Benchmark reaffirmed a "hold" rating on shares of AMN Healthcare Services in a report on Thursday. JMP Securities decreased their price objective 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. BMO Capital Markets cut their target price on shares of AMN Healthcare Services from $85.00 to $83.00 and set an "outperform" rating for the company in a report on Tuesday, February 20th. StockNews.com raised shares of AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Tuesday, April 23rd. Finally, Truist Financial reduced their target price on shares of AMN Healthcare Services from $88.00 to $70.00 and set a "buy" rating on the stock in a report on Monday, April 22nd. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $82.86.

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.