Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, October 12th. The shares were sold at an average price of $196.16, for a total transaction of $392,320.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Netflix, Inc. (NASDAQ NFLX) traded up 0.47% during trading on Thursday, hitting $195.86. The stock had a trading volume of 7,751,032 shares. The company has a market cap of $84.56 billion, a P/E ratio of 238.27 and a beta of 1.09. The stock has a 50-day moving average price of $181.19 and a 200 day moving average price of $164.97. Netflix, Inc. has a 12 month low of $97.63 and a 12 month high of $199.40.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Monday, July 17th. The Internet television network reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by ($0.01). The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Netflix had a return on equity of 12.82% and a net margin of 3.55%. The company’s revenue was up 32.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.09 earnings per share. Equities analysts expect that Netflix, Inc. will post $1.18 EPS for the current fiscal year.

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A number of large investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its position in Netflix by 2.9% during the 2nd quarter. Vanguard Group Inc. now owns 27,950,272 shares of the Internet television network’s stock valued at $4,176,049,000 after buying an additional 789,190 shares in the last quarter. BlackRock Inc. increased its position in Netflix by 1.7% during the 2nd quarter. BlackRock Inc. now owns 25,663,728 shares of the Internet television network’s stock valued at $3,834,416,000 after buying an additional 423,968 shares in the last quarter. FMR LLC increased its position in Netflix by 12.4% during the 2nd quarter. FMR LLC now owns 23,633,237 shares of the Internet television network’s stock valued at $3,531,042,000 after buying an additional 2,605,731 shares in the last quarter. State Street Corp increased its position in Netflix by 2.7% during the 1st quarter. State Street Corp now owns 17,535,737 shares of the Internet television network’s stock valued at $2,591,946,000 after buying an additional 463,143 shares in the last quarter. Finally, Jennison Associates LLC increased its position in Netflix by 14.0% during the 2nd quarter. Jennison Associates LLC now owns 14,784,089 shares of the Internet television network’s stock valued at $2,208,891,000 after buying an additional 1,814,056 shares in the last quarter. 81.02% of the stock is currently owned by institutional investors.

NFLX has been the subject of several research analyst reports. Canaccord Genuity upped their price target on shares of Netflix from $165.00 to $175.00 and gave the company a “buy” rating in a report on Friday, June 16th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $175.00 price target on shares of Netflix in a report on Friday, June 16th. Vetr cut shares of Netflix from a “strong-buy” rating to a “buy” rating and set a $168.56 price target for the company. in a report on Monday, June 19th. BidaskClub cut shares of Netflix from a “buy” rating to a “hold” rating in a report on Saturday, June 17th. Finally, Guggenheim restated a “buy” rating and set a $180.00 target price (up previously from $175.00) on shares of Netflix in a report on Tuesday, June 20th. Two research analysts have rated the stock with a sell rating, nineteen have assigned a hold rating and thirty have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $189.39.

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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