Susan R. Salka Sells 29,179 Shares of AMN Healthcare Services, Inc. (AMN) Stock

AMN Healthcare Services, Inc. (NYSE:AMN) insider Susan R. Salka sold 29,179 shares of the business’s stock in a transaction on Tuesday, May 14th. The stock was sold at an average price of $51.02, for a total transaction of $1,488,712.58. Following the completion of the sale, the insider now directly owns 195,686 shares in the company, valued at approximately $9,983,899.72. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of NYSE AMN traded down $0.28 during midday trading on Friday, hitting $50.34. The stock had a trading volume of 10,386 shares, compared to its average volume of 470,906. The company has a market cap of $2.36 billion, a PE ratio of 15.35, a P/E/G ratio of 1.40 and a beta of 0.77. AMN Healthcare Services, Inc. has a 52 week low of $45.04 and a 52 week high of $65.81. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.47 and a current ratio of 1.47.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, May 2nd. The company reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. The firm had revenue of $532.40 million for the quarter, compared to the consensus estimate of $525.24 million. AMN Healthcare Services had a net margin of 6.21% and a return on equity of 24.75%. The business’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.81 earnings per share. On average, analysts forecast that AMN Healthcare Services, Inc. will post 2.91 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently modified their holdings of AMN. New England Research & Management Inc. purchased a new position in shares of AMN Healthcare Services during the first quarter valued at approximately $941,000. State of Tennessee Treasury Department raised its holdings in shares of AMN Healthcare Services by 408.6% during the fourth quarter. State of Tennessee Treasury Department now owns 159,155 shares of the company’s stock valued at $9,018,000 after purchasing an additional 127,865 shares during the last quarter. Isthmus Partners LLC raised its holdings in shares of AMN Healthcare Services by 11.5% during the fourth quarter. Isthmus Partners LLC now owns 18,911 shares of the company’s stock valued at $1,071,000 after purchasing an additional 1,952 shares during the last quarter. Bremer Trust National Association purchased a new position in shares of AMN Healthcare Services during the fourth quarter valued at approximately $93,000. Finally, Legal & General Group Plc raised its holdings in shares of AMN Healthcare Services by 0.3% during the fourth quarter. Legal & General Group Plc now owns 110,580 shares of the company’s stock valued at $6,259,000 after purchasing an additional 301 shares during the last quarter. Hedge funds and other institutional investors own 98.61% of the company’s stock.

AMN has been the topic of several analyst reports. Sidoti set a $73.00 price objective on shares of AMN Healthcare Services and gave the stock a “buy” rating in a research note on Friday, February 15th. Zacks Investment Research cut shares of AMN Healthcare Services from a “hold” rating to a “sell” rating in a research note on Monday, February 18th. ValuEngine cut shares of AMN Healthcare Services from a “buy” rating to a “hold” rating in a research note on Friday, February 15th. Jefferies Financial Group boosted their price objective on shares of AMN Healthcare Services to $74.00 and gave the stock a “buy” rating in a research note on Wednesday, January 23rd. Finally, Benchmark set a $66.00 price objective on shares of AMN Healthcare Services and gave the stock a “buy” rating in a research note on Thursday, March 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $65.88.

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About AMN Healthcare Services

AMN Healthcare Services, Inc provides healthcare workforce solutions and staffing services to healthcare facilities in the United States. The company operates through three segments: Nurse and Allied Solutions, Locum Tenens Solutions, and Other Workforce Solutions. The company offers travel nurse staffing under the American Mobile, Onward Healthcare, Nurses Rx, and O'Grady-Peyton brands; nurse staffing and labor disruption services, a shorter-term staffing solution under the NurseChoice brand; local, or per diem, staffing for daily shift work or on as-needed basis under the Nursefinders brand; and locum tenens staffing for specialties, clinicians, and dentists on an independent contractor basis on temporary assignments under the Staff Care and Locum Leaders brands.

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

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