Insider Selling: AMN Healthcare Services, Inc. (AMN) Insider Sells 95,219 Shares of Stock

AMN Healthcare Services, Inc. (NYSE:AMN) insider Susan R. Salka sold 95,219 shares of the company’s stock in a transaction on Friday, January 12th. The shares were sold at an average price of $49.35, for a total transaction of $4,699,057.65. Following the completion of the sale, the insider now directly owns 222,168 shares in the company, valued at $10,963,990.80. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

AMN Healthcare Services, Inc. (AMN) traded down $0.50 during trading hours on Tuesday, hitting $49.30. 316,100 shares of the stock were exchanged, compared to its average volume of 374,400. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.81 and a current ratio of 1.81. AMN Healthcare Services, Inc. has a 12 month low of $33.61 and a 12 month high of $51.75. The company has a market cap of $2,370.00, a price-to-earnings ratio of 20.71 and a beta of 0.47.

AMN Healthcare Services (NYSE:AMN) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 EPS for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.03. AMN Healthcare Services had a net margin of 5.99% and a return on equity of 25.55%. The company had revenue of $494.41 million for the quarter, compared to analyst estimates of $493.89 million. During the same period in the prior year, the firm posted $0.62 EPS. The company’s quarterly revenue was up 4.6% on a year-over-year basis. equities analysts expect that AMN Healthcare Services, Inc. will post 2.56 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in the stock. Baltimore Washington Financial Advisors Inc. lifted its position in shares of AMN Healthcare Services by 7.3% during the 4th quarter. Baltimore Washington Financial Advisors Inc. now owns 81,515 shares of the company’s stock valued at $4,014,000 after acquiring an additional 5,570 shares during the period. Louisiana State Employees Retirement System lifted its position in shares of AMN Healthcare Services by 6.2% during the 4th quarter. Louisiana State Employees Retirement System now owns 20,600 shares of the company’s stock valued at $1,015,000 after acquiring an additional 1,200 shares during the period. National Investment Services Inc. WI lifted its position in shares of AMN Healthcare Services by 70.7% during the 4th quarter. National Investment Services Inc. WI now owns 10,093 shares of the company’s stock valued at $497,000 after acquiring an additional 4,181 shares during the period. Copper Rock Capital Partners LLC lifted its position in shares of AMN Healthcare Services by 3.6% during the 4th quarter. Copper Rock Capital Partners LLC now owns 757,574 shares of the company’s stock valued at $37,614,000 after acquiring an additional 26,252 shares during the period. Finally, Public Employees Retirement System of Ohio lifted its position in shares of AMN Healthcare Services by 14.1% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 94,137 shares of the company’s stock valued at $4,302,000 after acquiring an additional 11,653 shares during the period.

A number of equities research analysts have recently commented on AMN shares. Benchmark reaffirmed a “buy” rating and issued a $60.00 price objective (up from $52.00) on shares of AMN Healthcare Services in a research note on Monday, January 8th. BMO Capital Markets reaffirmed a “buy” rating and issued a $48.00 price objective (up from $47.00) on shares of AMN Healthcare Services in a research note on Sunday, November 12th. ValuEngine raised shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. SunTrust Banks reaffirmed a “buy” rating and issued a $58.00 price objective on shares of AMN Healthcare Services in a research note on Friday, December 8th. Finally, KeyCorp reaffirmed a “buy” rating and issued a $56.00 price objective on shares of AMN Healthcare Services in a research note on Thursday, December 7th. One research analyst has rated the stock with a sell rating and nine have issued a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $51.00.

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AMN Healthcare Services Company Profile

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services at acute and sub-acute care hospitals and other healthcare facilities throughout the United States. The Company’s segments include nurse and allied solutions, locum tenens solutions and other workforce solutions.

Insider Buying and Selling by Quarter for AMN Healthcare Services (NYSE:AMN)

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