AlphaCrest Capital Management LLC acquired a new stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 5,485 shares of the company’s stock, valued at approximately $532,000.
Several other hedge funds have also added to or reduced their stakes in the company. Alpha DNA Investment Management LLC boosted its position in AMN Healthcare Services by 92.5% in the 2nd quarter. Alpha DNA Investment Management LLC now owns 15,516 shares of the company’s stock worth $1,504,000 after purchasing an additional 7,454 shares in the last quarter. D. E. Shaw & Co. Inc. acquired a new position in shares of AMN Healthcare Services in the first quarter worth about $1,568,000. Fulcrum Equity Management purchased a new stake in shares of AMN Healthcare Services during the 2nd quarter worth about $1,868,000. Holocene Advisors LP grew its position in shares of AMN Healthcare Services by 72.8% during the 1st quarter. Holocene Advisors LP now owns 12,122 shares of the company’s stock valued at $893,000 after acquiring an additional 5,108 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in shares of AMN Healthcare Services by 9.0% in the 1st quarter. Ameriprise Financial Inc. now owns 380,362 shares of the company’s stock valued at $28,033,000 after purchasing an additional 31,547 shares in the last quarter. 89.54% of the stock is currently owned by institutional investors and hedge funds.
Shares of AMN opened at $115.82 on Thursday. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.36 and a quick ratio of 1.36. The stock has a market cap of $5.47 billion, a PE ratio of 32.17, a P/E/G ratio of 1.87 and a beta of 0.39. The firm has a 50-day simple moving average of $112.23 and a two-hundred day simple moving average of $97.33. AMN Healthcare Services, Inc. has a 1-year low of $58.48 and a 1-year high of $123.73.
AMN has been the topic of several recent analyst reports. BMO Capital Markets increased their price objective on shares of AMN Healthcare Services from $108.00 to $115.00 and gave the company an “outperform” rating in a report on Monday, August 9th. Truist Securities lifted their price target on AMN Healthcare Services from $118.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, August 31st. Truist increased their price objective on AMN Healthcare Services from $118.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, August 31st. Finally, Credit Suisse Group upped their target price on shares of AMN Healthcare Services from $95.00 to $115.00 and gave the stock an “outperform” rating in a report on Tuesday, August 10th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $113.00.
In related news, insider Denise L. Jackson sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, September 16th. The shares were sold at an average price of $111.68, for a total transaction of $223,360.00. Following the completion of the transaction, the insider now owns 15,752 shares of the company’s stock, valued at $1,759,183.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Denise L. Jackson sold 1,000 shares of the stock in a transaction that occurred on Wednesday, September 22nd. The stock was sold at an average price of $113.45, for a total transaction of $113,450.00. The disclosure for this sale can be found here. Insiders sold a total of 8,000 shares of company stock worth $836,810 over the last ninety days. Insiders own 0.98% of the company’s stock.
About AMN Healthcare Services
AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities across the nation. Its workforce solutions include managed services programs and recruitment process outsourcing. The firm operates through the following segments: Nurse and Allied Solutions, Physician and Leadership Solutions, and Technology and Workforce Solutions.
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