Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 700 shares of the firm’s stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $194.29, for a total transaction of $136,003.00. Following the completion of the transaction, the director now owns 7,393 shares of the company’s stock, valued at approximately $1,436,385.97. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Netflix, Inc. (NFLX) traded up $3.39 during trading on Thursday, hitting $195.51. The company had a trading volume of 5,672,509 shares, compared to its average volume of 6,701,689. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.20 and a quick ratio of 1.20. Netflix, Inc. has a 12 month low of $113.51 and a 12 month high of $204.38. The stock has a market capitalization of $84,600.00, a PE ratio of 197.69, a PEG ratio of 5.75 and a beta of 1.39.

Netflix (NASDAQ:NFLX) last announced its earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.03). The firm had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $2.97 billion. Netflix had a return on equity of 14.56% and a net margin of 4.04%. The company’s revenue for the quarter was up 30.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.12 earnings per share. research analysts anticipate that Netflix, Inc. will post 1.28 earnings per share for the current fiscal year.

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NFLX has been the subject of several analyst reports. Bank of America Corporation raised their price target on shares of Netflix from $199.00 to $225.00 in a report on Tuesday, October 17th. MKM Partners raised their price target on shares of Netflix from $195.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday, July 27th. BTIG Research raised their price target on shares of Netflix from $170.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, July 26th. J P Morgan Chase & Co restated a “buy” rating on shares of Netflix in a report on Wednesday, August 9th. Finally, Cantor Fitzgerald restated a “buy” rating and set a $205.00 price target on shares of Netflix in a report on Friday, August 11th. One research analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and thirty-two have assigned a buy rating to the company’s stock. Netflix currently has a consensus rating of “Buy” and a consensus price target of $207.20.

A number of large investors have recently made changes to their positions in the business. Quadrant Capital Group LLC boosted its position in Netflix by 0.6% in the second quarter. Quadrant Capital Group LLC now owns 1,684 shares of the Internet television network’s stock worth $229,000 after purchasing an additional 10 shares during the last quarter. 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 worth $298,000 after purchasing an additional 12 shares during the last quarter. Kalos Management Inc. boosted its position in Netflix by 0.7% in the second quarter. Kalos Management Inc. now owns 1,621 shares of the Internet television network’s stock worth $242,000 after purchasing an additional 12 shares during the last quarter. 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 worth $282,000 after purchasing an additional 15 shares during the last quarter. Finally, Lincoln Capital Corp boosted its position in Netflix by 1.0% in the second quarter. Lincoln Capital Corp now owns 2,020 shares of the Internet television network’s stock worth $302,000 after purchasing an additional 20 shares during the last quarter. 80.43% of the stock is currently owned by institutional investors and hedge funds.

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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