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Netflix (NASDAQ:NFLX) Director Leslie J. Kilgore sold 3,088 shares of the stock on the open market in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $467.56, for a total value of $1,443,825.28. Following the transaction, the director now directly owns 10,028 shares of the company’s stock, valued at approximately $4,688,692. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Netflix (NASDAQ:NFLX) traded up 1.20% during mid-day trading on Thursday, hitting $472.35. The stock had a trading volume of 1,622,785 shares. Netflix has a 1-year low of $219.33 and a 1-year high of $473.68. The stock has a 50-day moving average of $416.8 and a 200-day moving average of $388.9. The company has a market cap of $28.313 billion and a P/E ratio of 175.40. Netflix also was the target of unusually large options trading activity on Tuesday. Investors purchased 93,197 call options on the company. This represents an increase of approximately 221% compared to the average daily volume of 29,058 call options.

Netflix (NASDAQ:NFLX) last released its earnings data on Monday, April 21st. The company reported $0.86 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.83 by $0.03. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter last year, the company posted $0.31 earnings per share. Netflix’s revenue was up 24.0% compared to the same quarter last year. Analysts expect that Netflix will post $4.11 EPS for the current fiscal year.

A number of analysts have recently weighed in on NFLX shares. Analysts at Goldman Sachs upgraded shares of Netflix from a “neutral” rating to a “buy” rating in a research note on Tuesday. They now have a $590.00 price target on the stock, up previously from $380.00. Separately, analysts at Barclays initiated coverage on shares of Netflix in a research note on Thursday, June 26th. They set an “underweight” rating and a $420.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Morgan Stanley initiated coverage on shares of Netflix in a research note on Tuesday, June 17th. They set an “overweight” rating and a $500.00 price target on the stock. Five investment analysts have rated the stock with a sell rating, sixteen have given a hold rating and nineteen have given a buy rating to the company’s stock. Netflix presently has a consensus rating of “Hold” and an average price target of $403.85.

Netflix, Inc is an Internet television network with more than 44 million members in over 40 countries.

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