Insider Selling: AMN Healthcare Services, Inc. (NYSE:AMN) CEO Sells $1,566,406.23 in Stock

AMN Healthcare Services, Inc. (NYSE:AMN) CEO Susan R. Salka sold 14,309 shares of the business’s stock in a transaction on Monday, January 10th. The stock was sold at an average price of $109.47, for a total transaction of $1,566,406.23. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

AMN Healthcare Services stock opened at $108.34 on Friday. The company’s 50-day moving average price is $114.37 and its 200-day moving average price is $108.86. AMN Healthcare Services, Inc. has a twelve month low of $69.50 and a twelve month high of $129.12. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 0.81. The company has a market cap of $5.12 billion, a PE ratio of 23.60, a price-to-earnings-growth ratio of 1.02 and a beta of 0.27.

AMN Healthcare Services (NYSE:AMN) last posted its earnings results on Thursday, November 4th. The company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.30 by $0.43. AMN Healthcare Services had a net margin of 6.78% and a return on equity of 31.31%. The firm had revenue of $877.80 million for the quarter, compared to the consensus estimate of $770.78 million. During the same period in the previous year, the firm posted $0.82 EPS. The business’s quarterly revenue was up 59.1% on a year-over-year basis. As a group, sell-side analysts expect that AMN Healthcare Services, Inc. will post 7.54 earnings per share for the current fiscal year.

Several analysts have commented on the stock. Credit Suisse Group boosted their price target on shares of AMN Healthcare Services from $115.00 to $139.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 17th. BMO Capital Markets boosted their price target on shares of AMN Healthcare Services from $115.00 to $127.00 and gave the stock an “outperform” rating in a research note on Monday, November 8th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $131.50.

Several institutional investors have recently bought and sold shares of the company. White Knight Strategic Wealth Advisors LLC bought a new stake in shares of AMN Healthcare Services in the 4th quarter worth about $1,146,000. Riverbridge Partners LLC grew its holdings in AMN Healthcare Services by 3.3% during the 4th quarter. Riverbridge Partners LLC now owns 891,615 shares of the company’s stock valued at $109,071,000 after purchasing an additional 28,847 shares during the last quarter. Scout Investments Inc. grew its holdings in AMN Healthcare Services by 241.7% during the 4th quarter. Scout Investments Inc. now owns 542,690 shares of the company’s stock valued at $66,387,000 after purchasing an additional 383,847 shares during the last quarter. Louisiana State Employees Retirement System grew its holdings in AMN Healthcare Services by 0.4% during the 4th quarter. Louisiana State Employees Retirement System now owns 22,900 shares of the company’s stock valued at $2,801,000 after purchasing an additional 100 shares during the last quarter. Finally, Diversified Trust Co grew its holdings in AMN Healthcare Services by 2.0% during the 4th quarter. Diversified Trust Co now owns 6,526 shares of the company’s stock valued at $798,000 after purchasing an additional 129 shares during the last quarter. Hedge funds and other institutional investors own 90.32% 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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Insider Buying and Selling by Quarter for AMN Healthcare Services (NYSE:AMN)

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