Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 1,000 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $181.37, for a total transaction of $181,370.00. Following the sale, the director now owns 8,012 shares of the company’s stock, valued at $1,453,136.44. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Shares of Netflix, Inc. (NFLX) traded down 1.45% during midday trading on Wednesday, reaching $175.78. 9,670,502 shares of the company’s stock traded hands. Netflix, Inc. has a 1-year low of $92.95 and a 1-year high of $191.50. The stock has a market capitalization of $75.89 billion, a P/E ratio of 213.84 and a beta of 1.02. The firm’s 50-day moving average price is $165.67 and its 200 day moving average price is $152.34.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Monday, July 17th. The Internet television network reported $0.15 EPS for the quarter, missing the consensus estimate of $0.16 by $0.01. Netflix had a return on equity of 12.82% and a net margin of 3.55%. The firm had revenue of $2.79 billion for the quarter, compared to analyst estimates of $2.76 billion. During the same quarter last year, the firm earned $0.09 EPS. The company’s revenue was up 32.3% on a year-over-year basis. On average, equities analysts predict that Netflix, Inc. will post $1.17 earnings per share for the current fiscal year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of NFLX. Bronfman E.L. Rothschild L.P. boosted its position in Netflix by 0.8% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,134 shares of the Internet television network’s stock valued at $168,000 after buying an additional 9 shares during the period. Guardian Life Insurance Co. of America boosted its position in Netflix by 0.7% in the first quarter. Guardian Life Insurance Co. of America now owns 1,655 shares of the Internet television network’s stock valued at $245,000 after buying an additional 11 shares during the period. M Holdings Securities Inc. boosted its position in Netflix by 0.5% in the first quarter. M Holdings Securities Inc. now owns 2,467 shares of the Internet television network’s stock valued at $365,000 after buying an additional 12 shares during the period. Heritage Investors Management Corp boosted its position in Netflix by 0.6% in the second quarter. Heritage Investors Management Corp now owns 1,995 shares of the Internet television network’s stock valued at $298,000 after buying an additional 12 shares during the period. Finally, Northwest Wealth Management LLC boosted its position in Netflix by 0.8% in the second quarter. Northwest Wealth Management LLC now owns 1,890 shares of the Internet television network’s stock valued at $282,000 after buying an additional 15 shares during the period. Institutional investors own 82.78% of the company’s stock.

A number of brokerages have weighed in on NFLX. MKM Partners boosted their target price on shares of Netflix from $195.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday, July 27th. BTIG Research boosted their target price on shares of Netflix from $170.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, July 26th. Moffett Nathanson reiterated a “neutral” rating on shares of Netflix in a research note on Tuesday, July 18th. Zacks Investment Research lowered shares of Netflix from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Vetr upgraded shares of Netflix from a “strong sell” rating to a “sell” rating and set a $163.64 target price for the company in a research note on Thursday, July 27th. Three analysts have rated the stock with a sell rating, fourteen have issued a hold rating and twenty-nine have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $174.74.

Netflix Company Profile

Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.

Insider Buying and Selling by Quarter for Netflix (NASDAQ:NFLX)

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