AMN Healthcare Services, Inc. (NYSE:AMN) Director Paul E. Weaver sold 5,000 shares of the stock in a transaction that occurred on Friday, November 30th. The shares were sold at an average price of $64.50, for a total transaction of $322,500.00. Following the sale, the director now owns 38,022 shares in the company, valued at approximately $2,452,419. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of AMN stock opened at $60.29 on Friday. AMN Healthcare Services, Inc. has a 12-month low of $46.75 and a 12-month high of $68.20. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.58 and a current ratio of 1.58. The company has a market capitalization of $2.83 billion, a P/E ratio of 19.43, a P/E/G ratio of 1.42 and a beta of 0.56.

AMN Healthcare Services (NYSE:AMN) last issued its earnings results on Wednesday, October 31st. The company reported $0.84 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.76 by $0.08. AMN Healthcare Services had a net margin of 6.96% and a return on equity of 25.32%. The company had revenue of $526.84 million for the quarter, compared to analysts’ expectations of $526.90 million. During the same quarter last year, the company posted $0.63 earnings per share. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. As a group, equities analysts predict that AMN Healthcare Services, Inc. will post 3.27 EPS for the current year.

A number of research firms have recently commented on AMN. Zacks Investment Research upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating and set a $71.00 price target on the stock in a report on Monday. BMO Capital Markets cut their price target on shares of AMN Healthcare Services from $61.00 to $60.00 and set an “outperform” rating on the stock in a report on Thursday, November 1st. ValuEngine upgraded shares of AMN Healthcare Services from a “hold” rating to a “buy” rating in a report on Wednesday, October 17th. Berenberg Bank assumed coverage on shares of AMN Healthcare Services in a report on Thursday, October 4th. They issued a “buy” rating and a $70.00 target price on the stock. Finally, Stephens assumed coverage on shares of AMN Healthcare Services in a report on Tuesday, October 2nd. They issued an “equal weight” rating on the stock. Two research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $65.70.

Hedge funds have recently modified their holdings of the stock. FMR LLC boosted its holdings in AMN Healthcare Services by 15.2% in the second quarter. FMR LLC now owns 1,026,700 shares of the company’s stock worth $60,165,000 after purchasing an additional 135,300 shares during the last quarter. Northern Trust Corp boosted its holdings in AMN Healthcare Services by 8.8% in the second quarter. Northern Trust Corp now owns 674,253 shares of the company’s stock worth $39,511,000 after purchasing an additional 54,499 shares during the last quarter. Palouse Capital Management Inc. purchased a new position in shares of AMN Healthcare Services during the 3rd quarter worth $200,000. Scout Investments Inc. boosted its stake in shares of AMN Healthcare Services by 2.3% during the 3rd quarter. Scout Investments Inc. now owns 112,924 shares of the company’s stock worth $6,177,000 after acquiring an additional 2,579 shares during the last quarter. Finally, ClariVest Asset Management LLC purchased a new position in shares of AMN Healthcare Services during the 2nd quarter worth $4,424,000.

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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 company operates through the following segments: Nurse and Allied Healthcare Staffing, Locum Tenens Staffing and Physician Permanent Placement Services.

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