Global Alpha Capital Management Ltd. Takes $1.20 Million Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Global Alpha Capital Management Ltd. bought a new position in shares of AMN Healthcare Services, Inc. (NYSE:AMN - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 16,000 shares of the company's stock, valued at approximately $1,198,000.

A number of other institutional investors have also added to or reduced their stakes in AMN. Zurcher Kantonalbank Zurich Cantonalbank grew its position in AMN Healthcare Services by 7.9% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,125 shares of the company's stock worth $692,000 after buying an additional 598 shares in the last quarter. TD Asset Management Inc grew its position in AMN Healthcare Services by 94.2% during the third quarter. TD Asset Management Inc now owns 27,000 shares of the company's stock worth $2,300,000 after buying an additional 13,100 shares in the last quarter. Orion Portfolio Solutions LLC acquired a new stake in AMN Healthcare Services during the third quarter worth about $607,000. WealthPlan Investment Management LLC grew its position in AMN Healthcare Services by 29,603.8% during the third quarter. WealthPlan Investment Management LLC now owns 15,446 shares of the company's stock worth $1,316,000 after buying an additional 15,394 shares in the last quarter. Finally, Duality Advisers LP boosted its holdings in AMN Healthcare Services by 119.3% during the third quarter. Duality Advisers LP now owns 21,619 shares of the company's stock valued at $1,842,000 after purchasing an additional 11,759 shares in the last quarter. 99.23% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other AMN Healthcare Services news, Director Jorge A. Caballero bought 2,000 shares of the company's stock in a transaction on Wednesday, March 6th. The stock was bought at an average price of $56.80 per share, for a total transaction of $113,600.00. Following the transaction, the director now owns 2,437 shares of the company's stock, valued at approximately $138,421.60. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other AMN Healthcare Services news, CEO Caroline Grace bought 17,500 shares of the company's stock in a transaction on Tuesday, February 27th. The stock was bought at an average price of $56.68 per share, for a total transaction of $991,900.00. Following the transaction, the chief executive officer now owns 27,178 shares of the company's stock, valued at approximately $1,540,449.04. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Jorge A. Caballero bought 2,000 shares of the company's stock in a transaction on Wednesday, March 6th. The shares were acquired at an average price 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 disclosure for this purchase can be found here. Insiders purchased 26,626 shares of company stock worth $1,516,899 in the last quarter. Insiders own 0.93% of the company's stock.

Wall Street Analyst Weigh In

AMN has been the topic of a number of recent research reports. Benchmark reaffirmed a "hold" rating on shares of AMN Healthcare Services in a report on Thursday, May 2nd. Bank of America lifted their price objective on AMN Healthcare Services from $61.00 to $65.00 and gave the company a "neutral" rating in a report on Wednesday, May 15th. Truist Financial decreased their price objective on AMN Healthcare Services from $88.00 to $70.00 and set a "buy" rating on the stock in a report on Monday, April 22nd. JMP Securities reaffirmed a "market outperform" rating and set a $75.00 price objective on shares of AMN Healthcare Services in a report on Friday, May 10th. Finally, StockNews.com raised AMN Healthcare Services from a "sell" rating to a "hold" rating in a report on Friday, May 10th. Five analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, AMN Healthcare Services currently has an average rating of "Hold" and a consensus target price of $75.57.

AMN Healthcare Services Trading Down 6.3 %

AMN stock traded down $3.78 during trading on Tuesday, hitting $55.83. The company had a trading volume of 847,894 shares, compared to its average volume of 790,143. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.49. The firm has a 50-day moving average price of $59.58 and a 200-day moving average price of $65.80. AMN Healthcare Services, Inc. has a 12 month low of $53.00 and a 12 month high of $112.44. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 15.01 and a beta of 0.22.

AMN Healthcare Services (NYSE:AMN - Get Free Report) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.97 earnings per share for the quarter, topping the consensus estimate of $0.93 by $0.04. AMN Healthcare Services had a net margin of 4.13% and a return on equity of 31.39%. The firm had revenue of $820.90 million during the quarter, compared to analysts' expectations of $816.54 million. During the same quarter in the previous year, the company posted $2.49 EPS. AMN Healthcare Services's revenue was down 27.1% on a year-over-year basis. As a group, analysts predict that AMN Healthcare Services, Inc. will post 3.32 earnings per share for the current year.

AMN Healthcare Services 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.