Koshinski Asset Management Inc. Has $748,000 Position in AMN Healthcare Services, Inc. (NYSE:AMN)

Koshinski Asset Management Inc. lifted its position in shares of AMN Healthcare Services, Inc. (NYSE:AMN) by 69.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,522 shares of the company’s stock after purchasing an additional 2,673 shares during the period. Koshinski Asset Management Inc.’s holdings in AMN Healthcare Services were worth $748,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Alpha DNA Investment Management LLC increased its stake in shares of AMN Healthcare Services by 92.5% during the 2nd quarter. Alpha DNA Investment Management LLC now owns 15,516 shares of the company’s stock worth $1,504,000 after purchasing an additional 7,454 shares during the last quarter. D. E. Shaw & Co. Inc. acquired a new position in shares of AMN Healthcare Services during the 1st quarter worth about $1,568,000. Fulcrum Equity Management acquired a new position in shares of AMN Healthcare Services during the 2nd quarter worth about $1,868,000. Vanguard Group Inc. increased its stake in shares of AMN Healthcare Services by 3.8% during the 2nd quarter. Vanguard Group Inc. now owns 5,292,383 shares of the company’s stock worth $513,256,000 after purchasing an additional 192,936 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of AMN Healthcare Services by 2.1% during the 2nd quarter. Invesco Ltd. now owns 308,372 shares of the company’s stock worth $29,905,000 after purchasing an additional 6,212 shares during the last quarter. Institutional investors own 89.91% of the company’s stock.

In other news, insider Denise L. Jackson sold 1,000 shares of the stock in a transaction on Wednesday, September 22nd. The shares were sold at an average price of $113.45, for a total transaction of $113,450.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Denise L. Jackson sold 2,000 shares of the stock in a transaction on Thursday, September 16th. The stock was sold at an average price of $111.68, for a total transaction of $223,360.00. Following the transaction, the insider now directly owns 15,752 shares in the company, valued at $1,759,183.36. The disclosure for this sale can be found here. Corporate insiders own 0.98% of the company’s stock.

AMN has been the topic of a number of research reports. Truist Securities upped their price target on shares of AMN Healthcare Services from $118.00 to $130.00 and gave the company a “buy” rating in a research note on Tuesday, August 31st. Credit Suisse Group boosted their price objective on shares of AMN Healthcare Services from $115.00 to $139.00 and gave the company an “outperform” rating in a report on Wednesday, November 17th. Truist upped their price target on shares of AMN Healthcare Services from $118.00 to $130.00 and gave the stock a “buy” rating in a report on Tuesday, August 31st. Finally, BMO Capital Markets increased their price objective on shares of AMN Healthcare Services from $115.00 to $127.00 and gave the company an “outperform” rating in a research note on Monday, November 8th. Five investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, AMN Healthcare Services currently has a consensus rating of “Buy” and a consensus target price of $131.50.

Shares of NYSE AMN opened at $114.63 on Thursday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.40 and a current ratio of 1.40. AMN Healthcare Services, Inc. has a 52-week low of $63.51 and a 52-week high of $124.62. The company has a 50 day simple moving average of $111.80. The firm has a market cap of $5.42 billion, a PE ratio of 24.97, a P/E/G ratio of 1.00 and a beta of 0.29.

AMN Healthcare Services (NYSE:AMN) last announced its quarterly earnings results on Thursday, November 4th. The company reported $1.73 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate 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 during the quarter, compared to analysts’ expectations of $770.78 million. During the same period in the prior year, the company posted $0.82 EPS. The company’s revenue was up 59.1% on a year-over-year basis. On average, analysts expect that AMN Healthcare Services, Inc. will post 7.32 EPS for the current year.

AMN Healthcare Services Company Profile

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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Institutional Ownership by Quarter for AMN Healthcare Services (NYSE:AMN)

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