Jump Financial LLC Buys Shares of 30,701 AMN Healthcare Services, Inc. (NYSE:AMN)

Jump Financial LLC purchased a new stake 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 SEC. The fund purchased 30,701 shares of the company's stock, valued at approximately $2,299,000. Jump Financial LLC owned 0.08% of AMN Healthcare Services as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in AMN. Hexagon Capital Partners LLC lifted its stake in AMN Healthcare Services by 69.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 360 shares of the company's stock worth $27,000 after acquiring an additional 147 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of AMN Healthcare Services in the fourth quarter valued at $31,000. Principal Securities Inc. purchased a new position in AMN Healthcare Services in the fourth quarter valued at $49,000. Gladius Capital Management LP boosted its holdings in AMN Healthcare Services by 263.1% in the fourth quarter. Gladius Capital Management LP now owns 2,128 shares of the company's stock valued at $159,000 after purchasing an additional 1,542 shares during the period. Finally, Benjamin Edwards Inc. boosted its holdings in AMN Healthcare Services by 13.9% in the fourth quarter. Benjamin Edwards Inc. now owns 2,361 shares of the company's stock valued at $177,000 after purchasing an additional 288 shares during the period. 99.23% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Jeffrey R. Knudson bought 6,951 shares of the company's stock in a transaction dated Wednesday, February 28th. The shares were acquired at an average price of $57.75 per share, with a total value of $401,420.25. Following the completion of the acquisition, the chief financial officer now owns 27,804 shares in the company, valued at approximately $1,605,681. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other news, CFO Jeffrey R. Knudson acquired 6,951 shares of AMN Healthcare Services stock in a transaction that occurred on Wednesday, February 28th. The stock was purchased at an average cost of $57.75 per share, with a total value of $401,420.25. Following the completion of the acquisition, the chief financial officer now owns 27,804 shares in the company, valued at approximately $1,605,681. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jorge A. Caballero acquired 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 6th. The stock was acquired at an average price of $56.80 per share, for a total transaction of $113,600.00. Following the completion of the transaction, the director now directly owns 2,437 shares in the company, valued at $138,421.60. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 26,626 shares of company stock valued at $1,516,899. Company insiders own 0.93% of the company's stock.

Wall Street Analysts Forecast Growth

AMN has been the subject of a number of recent research reports. Truist Financial decreased their target price on AMN Healthcare Services from $88.00 to $70.00 and set a "buy" rating for the company in a report on Monday, April 22nd. BMO Capital Markets decreased their target price on AMN Healthcare Services from $80.00 to $71.00 and set an "outperform" rating for the company in a report on Monday. JMP Securities reiterated a "market outperform" rating and issued a $75.00 target price on shares of AMN Healthcare Services in a report on Friday. StockNews.com upgraded AMN Healthcare Services from a "sell" rating to a "hold" rating in a research note on Friday. Finally, Benchmark restated a "hold" rating on shares of AMN Healthcare Services in a research note on Thursday, May 2nd. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, AMN Healthcare Services presently has a consensus rating of "Hold" and an average price target of $81.14.

AMN Healthcare Services Stock Performance

Shares of NYSE:AMN traded up $3.37 on Tuesday, reaching $62.38. The company's stock had a trading volume of 1,169,018 shares, compared to its average volume of 793,344. The company has a debt-to-equity ratio of 1.49, a current ratio of 1.27 and a quick ratio of 1.28. AMN Healthcare Services, Inc. has a 52-week low of $53.00 and a 52-week high of $112.44. The stock's 50-day moving average is $59.61 and its two-hundred day moving average is $66.24. The stock has a market capitalization of $2.36 billion, a P/E ratio of 16.77 and a beta of 0.22.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last announced its earnings results on Thursday, May 9th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.04. The company had revenue of $820.90 million for the quarter, compared to the consensus estimate of $816.54 million. AMN Healthcare Services had a return on equity of 31.39% and a net margin of 4.13%. The company's revenue was down 27.1% on a year-over-year basis. During the same period last year, the business posted $2.49 EPS. As a group, sell-side analysts forecast that AMN Healthcare Services, Inc. will post 3.86 EPS for the current year.

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.