Netflix Director Leslie J. Kilgore Unloads 2,394 Shares (NFLX)
Netflix (NASDAQ:NFLX) Director Leslie J. Kilgore sold 2,394 shares of the stock in a transaction that occurred on Tuesday, January 28th. The shares were sold at an average price of $405.00, for a total transaction of $969,570.00. Following the transaction, the director now directly owns 13,028 shares of the company’s stock, valued at approximately $5,276,340. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Several analysts have recently commented on the stock. Analysts at TheStreet upgraded shares of Netflix from a “hold” rating to a “buy” rating in a research note to investors on Wednesday. Separately, analysts at Needham & Company reiterated a “buy” rating on shares of Netflix in a research note to investors on Thursday, January 23rd. Finally, analysts at UBS AG raised their EPS on shares of Netflix in a research note to investors on Thursday, January 23rd. They now have an “underperform” rating and a $250.00 price target on the stock. Six research analysts have rated the stock with a sell rating, twenty-two have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $336.32.
Shares of Netflix (NASDAQ:NFLX) traded up 1.06% on Thursday, hitting $404.67. 2,628,046 shares of the company’s stock traded hands. Netflix has a one year low of $159.00 and a one year high of $407.41. The stock’s 50-day moving average is $361. and its 200-day moving average is $318.0. The company has a market cap of $24.121 billion and a price-to-earnings ratio of 216.44.
Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters 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 in the prior year, the company posted $0.13 earnings per share. The company’s quarterly revenue was up 24.3% on a year-over-year basis. On average, analysts predict that Netflix will post $4.08 earnings per share for the current fiscal year.
Netflix, Inc (NASDAQ:NFLX), incorporated on August 29, 1997, is an Internet subscription service streaming television shows and movies.
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