AMN (AMN Healthcare Services Inc.) may reap gains as insiders became active recently


AMN Healthcare Services Inc.’s recent filing unveils that its Chief Legal Officer Jackson Denise L unloaded Company’s shares for reported $0.44 million on Jan 09. In the deal valued at $110.76 per share,4,001 shares were sold. As a result of this transaction, Jackson Denise L now holds 14,078 shares worth roughly $ 1.21 million.

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Then, Jackson Denise L sold 1,002 shares, generating $109,519 in total proceeds. Upon selling the shares at $109.30, the Chief Legal Officer now owns 18,079 shares.

Before that, WHEAT DOUGLAS D sold 4,900 shares. AMN Healthcare Services Inc. shares valued at $578,200 were divested by the Director at a price of $118.00 per share. As a result of the transaction, WHEAT DOUGLAS D now holds 65 shares, worth roughly $5582.85.

BofA Securities initiated its AMN Healthcare Services Inc. [AMN] rating to a Buy in a research note published on Monday, October 08, 2020; the price target was $70. PT values the company’s stock at a premium of -22.7 to its Monday closing price. A number of analysts have revised their coverage, including SunTrust’s analysts, who increased its forecast for the stock in late July from “a Hold” to “a Buy”. Sidoti also remained covering AMN and has increased its forecast on March 31, 2020 with a “Buy” recommendation from previously “Neutral” rating. SunTrust revised its rating on March 26, 2020. It rated AMN as “a Hold” which previously was an “a Buy”.

Price Performance Review of AMN

On Monday, AMN Healthcare Services Inc. [NYSE:AMN] saw its stock fall -1.91% to $85.89. On the same session, the stock had its day’s lowest price of $85.56, but rose to a high of $88.28. Over the last five days, the stock has lost -4.73%. AMN Healthcare Services Inc. shares have fallen nearly -16.47% since the year began. Nevertheless, the stocks have fallen -6.60% over the past one year. While a 52-week high of $129.04 was reached on 01/11/23, a 52-week low of $82.75 was recorded on 03/13/23. SMA at 50 days reached $97.36, while 200 days put it at $107.34. A total of 0.62 million shares were traded, compared to the trading of 0.61 million shares in the previous session.

Levels Of Support And Resistance For AMN Stock

The 24-hour chart illustrates a support level at 84.87, which if violated will result in even more drops to 83.86. On the upside, there is a resistance level at 87.59. A further resistance level may holdings at 89.30. The Relative Strength Index (RSI) on the 14-day chart is 32.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.20, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.64%. Stochastics %K at 12.22% indicates the stock is a buying.

How much short interest is there in AMN Healthcare Services Inc.?

A steep rise in short interest was recorded in AMN Healthcare Services Inc. stocks on Jan 30, 2023, growing by 0.21 million shares to a total of 4.84 million shares. Yahoo Finance data shows the prior-month short interest on Dec 29, 2022 was 4.63 million shares. There was a rise of 4.34%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 16.01% of the overall stock float, the days-to-cover ratio (short ratio) rose to 5.34.

AMN Healthcare Services Inc. [AMN] – Who Are The Largest Shareholders?

In filings from BlackRock Fund Advisors, it is revealed that the company now owns 6,488,361 shares, or roughly 14.97% of the outstanding AMN shares. In other words, the investor’s shares have risen by 58,803 from its previous 13-F filing of 6429558.0. Additionally, The Vanguard Group, Inc. increased 1.03% of its stake after which the total value it holdings stand at $480,709,386, while SSgA Funds Management, Inc. reduced -1.34% of its stake to hold $133.04 million in the firm. Over the last quarter, Dimensional Fund Advisors LP purchased 24,415 shares of AMN Healthcare Services Inc., while Swedbank Robur Fonder AB bought 75,300 shares. At present, Point72 Asset Management LP is holding 904,664 shares valued at $81.43 million. Fuller & Thaler Asset Management, owned 870,690 shares of the company at the time of its most recent 13F filing, worth $78.37 million.

According to FactSet, AMN Healthcare Services Inc.’s share price will average $138.86 in the next year, based on opinions of analysts polled by the firm. This is up nearly 59.89 percent from its previous closing price of $87.56. Analysts expect AMN Healthcare Services Inc. stock to reach the higher price of $170.00, while the lowest price estimate is $109.00. However, 8 analysts have rated AMN stock as a Buy in their predictions for 2023.


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