Investors Buy Large Volume of Put Options on AMN Healthcare Services (AMN)
AMN Healthcare Services Inc (NYSE:AMN) was the recipient of some unusual options trading on Friday. Stock traders bought 2,192 put options on the company. This represents an increase of approximately Infinity compared to the typical daily volume of 0 put options.
A number of equities research analysts have commented on AMN shares. ValuEngine upgraded AMN Healthcare Services from a “hold” rating to a “buy” rating in a research report on Wednesday, September 27th. BMO Capital Markets reiterated a “buy” rating and issued a $43.00 price target on shares of AMN Healthcare Services in a research report on Friday, September 1st. Zacks Investment Research lowered AMN Healthcare Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Benchmark Co. reiterated a “buy” rating and issued a $52.00 price target (up previously from $47.00) on shares of AMN Healthcare Services in a research report on Wednesday, October 25th. Finally, Robert W. Baird boosted their price objective on AMN Healthcare Services from $41.00 to $43.00 and gave the company an “outperform” rating in a research note on Friday. Two investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. AMN Healthcare Services has a consensus rating of “Buy” and a consensus price target of $46.29.
AMN Healthcare Services (AMN) opened at $41.10 on Monday. The company has a market cap of $1,963.44, a PE ratio of 16.12 and a beta of 0.41. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.81 and a quick ratio of 1.66.
AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings data on Thursday, November 2nd. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The company had revenue of $494.41 million for the quarter, compared to the consensus estimate of $493.89 million. AMN Healthcare Services had a return on equity of 25.55% and a net margin of 5.99%. The firm’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.62 EPS. equities research analysts anticipate that AMN Healthcare Services will post 2.57 EPS for the current year.
In other AMN Healthcare Services news, insider Ralph Henderson sold 6,906 shares of the company’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $46.00, for a total value of $317,676.00. Following the sale, the insider now owns 31,772 shares in the company, valued at approximately $1,461,512. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.49% of the company’s stock.
Large investors have recently made changes to their positions in the company. FNY Partners Fund LP acquired a new position in shares of AMN Healthcare Services in the 1st quarter valued at about $101,000. Acrospire Investment Management LLC raised its stake in AMN Healthcare Services by 13.3% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,562 shares of the company’s stock worth $100,000 after buying an additional 300 shares during the period. Bank of Montreal Can acquired a new position in AMN Healthcare Services during the 2nd quarter worth approximately $105,000. SG Americas Securities LLC acquired a new position in AMN Healthcare Services during the 1st quarter worth approximately $117,000. Finally, Riverhead Capital Management LLC raised its stake in AMN Healthcare Services by 85.2% during the 2nd quarter. Riverhead Capital Management LLC now owns 2,963 shares of the company’s stock worth $116,000 after buying an additional 1,363 shares during the period.
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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.
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