Y Intercept Hong Kong Ltd Acquires 108,360 Shares of AMN Healthcare Services Inc $AMN

Y Intercept Hong Kong Ltd raised its holdings in shares of AMN Healthcare Services Inc (NYSE:AMN) by 315.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 142,692 shares of the company’s stock after acquiring an additional 108,360 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in AMN Healthcare Services were worth $2,949,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Newtyn Management LLC grew its stake in shares of AMN Healthcare Services by 1.0% during the 1st quarter. Newtyn Management LLC now owns 1,200,000 shares of the company’s stock worth $29,352,000 after acquiring an additional 11,984 shares in the last quarter. Millennium Management LLC grew its stake in shares of AMN Healthcare Services by 137.5% during the 1st quarter. Millennium Management LLC now owns 1,097,482 shares of the company’s stock worth $26,844,000 after acquiring an additional 635,296 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of AMN Healthcare Services by 1.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 904,275 shares of the company’s stock worth $22,119,000 after acquiring an additional 17,064 shares in the last quarter. Allianz Asset Management GmbH grew its stake in shares of AMN Healthcare Services by 22.2% in the second quarter. Allianz Asset Management GmbH now owns 576,780 shares of the company’s stock valued at $11,922,000 after buying an additional 104,676 shares in the last quarter. Finally, Tributary Capital Management LLC grew its stake in shares of AMN Healthcare Services by 49.5% in the first quarter. Tributary Capital Management LLC now owns 490,524 shares of the company’s stock valued at $11,998,000 after buying an additional 162,439 shares in the last quarter. 99.23% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AMN has been the subject of several analyst reports. Zacks Research cut shares of AMN Healthcare Services from a “hold” rating to a “strong sell” rating in a research note on Monday. Weiss Ratings reissued a “sell (d-)” rating on shares of AMN Healthcare Services in a research note on Wednesday, October 8th. BMO Capital Markets reduced their price target on AMN Healthcare Services from $27.00 to $22.00 and set an “outperform” rating for the company in a report on Monday, August 11th. JMP Securities reduced their price target on AMN Healthcare Services from $33.00 to $22.00 and set a “market outperform” rating for the company in a report on Tuesday, August 12th. Finally, Bank of America reduced their price target on AMN Healthcare Services from $20.00 to $18.00 and set an “underperform” rating for the company in a report on Wednesday, September 10th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $23.08.

AMN Healthcare Services Stock Performance

Shares of AMN stock opened at $19.39 on Friday. The company has a market capitalization of $742.83 million, a price-to-earnings ratio of -2.49 and a beta of 0.15. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.00 and a current ratio of 1.00. The company has a 50-day simple moving average of $19.72 and a 200 day simple moving average of $20.10. AMN Healthcare Services Inc has a 52 week low of $14.86 and a 52 week high of $42.41.

AMN Healthcare Services (NYSE:AMN) last announced its earnings results on Thursday, August 7th. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.17 by $0.13. The business had revenue of $658.18 million during the quarter, compared to the consensus estimate of $652.89 million. AMN Healthcare Services had a negative net margin of 10.75% and a positive return on equity of 11.09%. AMN Healthcare Services’s revenue was down 11.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.98 EPS. AMN Healthcare Services has set its Q3 2025 guidance at EPS. On average, sell-side analysts predict that AMN Healthcare Services Inc will post 1.33 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.