PDT Partners LLC Sells 4,081 Shares of AMN Healthcare Services, Inc. (NYSE:AMN)

PDT Partners LLC lessened its stake in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 27.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,580 shares of the company’s stock after selling 4,081 shares during the quarter. PDT Partners LLC’s holdings in AMN Healthcare Services were worth $448,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of AMN. Truvestments Capital LLC bought a new stake in AMN Healthcare Services during the 3rd quarter valued at $30,000. Mather Group LLC. bought a new stake in AMN Healthcare Services during the 2nd quarter valued at $31,000. Nisa Investment Advisors LLC boosted its position in AMN Healthcare Services by 41.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 748 shares of the company’s stock valued at $38,000 after acquiring an additional 219 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of AMN Healthcare Services by 232.4% in the 2nd quarter. GAMMA Investing LLC now owns 1,160 shares of the company’s stock worth $59,000 after purchasing an additional 811 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of AMN Healthcare Services by 455.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,493 shares of the company’s stock worth $63,000 after purchasing an additional 1,224 shares in the last quarter. Institutional investors own 99.23% of the company’s stock.

Analyst Ratings Changes

AMN has been the subject of a number of recent analyst reports. UBS Group lowered their price objective on AMN Healthcare Services from $66.00 to $65.00 and set a “neutral” rating for the company in a research report on Friday, August 9th. Truist Financial lowered their price objective on AMN Healthcare Services from $50.00 to $47.00 and set a “buy” rating for the company in a research report on Friday, November 8th. Bank of America cut AMN Healthcare Services from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $65.00 to $48.00 in a research report on Monday, October 7th. William Blair cut AMN Healthcare Services from an “outperform” rating to a “market perform” rating in a research report on Friday, November 8th. Finally, JMP Securities lowered their price objective on AMN Healthcare Services from $66.00 to $57.00 and set a “market outperform” rating for the company in a research report on Tuesday, October 22nd. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $48.33.

Insider Buying and Selling at AMN Healthcare Services

In other AMN Healthcare Services news, CFO Jeffrey R. Knudson sold 2,461 shares of AMN Healthcare Services stock in a transaction dated Saturday, November 2nd. The stock was sold at an average price of $36.90, for a total transaction of $90,810.90. Following the completion of the transaction, the chief financial officer now owns 37,550 shares in the company, valued at approximately $1,385,595. This trade represents a 6.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.93% of the company’s stock.

AMN Healthcare Services Stock Performance

Shares of AMN stock opened at $27.15 on Wednesday. The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of 19.67 and a beta of 0.04. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.18 and a quick ratio of 1.18. The business has a fifty day moving average of $34.97 and a 200 day moving average of $46.96. AMN Healthcare Services, Inc. has a 1 year low of $23.37 and a 1 year high of $80.22.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Thursday, November 7th. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.03. The company had revenue of $687.51 million during the quarter, compared to analyst estimates of $670.08 million. AMN Healthcare Services had a return on equity of 17.16% and a net margin of 1.73%. During the same quarter last year, the business posted $1.97 EPS. As a group, research analysts expect that AMN Healthcare Services, Inc. will post 3.07 earnings per share for the current year.

About AMN Healthcare Services

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.