Share on StockTwits
 

Netflix (NASDAQ:NFLX) Director Leslie J. Kilgore sold 5,929 shares of the company’s stock on the open market in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $387.09, for a total transaction of $2,295,056.61. Following the sale, the director now directly owns 13,028 shares in the company, valued at approximately $5,043,009. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Netflix (NASDAQ:NFLX) traded down 1.26% on Monday, hitting $381.23. The stock had a trading volume of 4,652,081 shares. Netflix has a one year low of $156.63 and a one year high of $395.63. The stock has a 50-day moving average of $358.3 and a 200-day moving average of $314.3. The company has a market cap of $22.724 billion and a P/E ratio of 208.69.

Netflix (NASDAQ:NFLX) last announced its earnings results on Wednesday, January 22nd. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.14. The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same quarter last year, the company posted $0.13 earnings per share. Netflix’s revenue was up 24.3% compared to the same quarter last year. Analysts expect that Netflix will post $4.01 EPS for the current fiscal year.

A number of research firms have recently commented on NFLX. Analysts at Needham & Company reiterated a “buy” rating on shares of Netflix in a research note to investors on Thursday. Separately, analysts at UBS AG raised their EPS on shares of Netflix in a research note to investors on Thursday. They now have an “underperform” rating and a $250.00 price target on the stock. Finally, analysts at S&P Equity Research upgraded shares of Netflix from a “sell” rating to a “hold” rating in a research note to investors on Thursday. Six research analysts have rated the stock with a sell rating, twenty-three have issued a hold rating and twelve have given a buy rating to the stock. Netflix has a consensus rating of “Hold” and an average price target of $336.32.

Netflix, Inc (NASDAQ:NFLX), incorporated on August 29, 1997, is an Internet subscription service streaming television shows and movies.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.