Netflix, Inc. (NASDAQ:NFLX) CFO David B. Wells sold 1,000 shares of the firm’s stock in a transaction that occurred on Monday, December 4th. The shares were sold at an average price of $189.39, for a total transaction of $189,390.00. Following the completion of the sale, the chief financial officer now owns 1,000 shares in the company, valued at approximately $189,390. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Shares of Netflix, Inc. (NASDAQ:NFLX) traded down $2.78 during midday trading on Monday, reaching $184.04. 9,067,443 shares of the company were exchanged, compared to its average volume of 6,672,398. Netflix, Inc. has a fifty-two week low of $118.40 and a fifty-two week high of $204.38. The company has a market capitalization of $79,640.00, a P/E ratio of 188.71, a PEG ratio of 5.55 and a beta of 1.33. 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 (NASDAQ:NFLX) last announced its earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). Netflix had a return on equity of 14.56% and a net margin of 4.04%. The firm had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.97 billion. During the same period in the prior year, the business earned $0.12 EPS. Netflix’s quarterly revenue was up 30.3% on a year-over-year basis. analysts anticipate that Netflix, Inc. will post 1.26 earnings per share for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Balentine LLC increased its stake in Netflix by 1,020.4% in the third quarter. Balentine LLC now owns 549 shares of the Internet television network’s stock valued at $100,000 after purchasing an additional 500 shares in the last quarter. Almanack Investment Partners LLC. bought a new stake in Netflix in the second quarter valued at $101,000. Aviance Capital Management LLC bought a new stake in Netflix in the second quarter valued at $137,000. Captrust Financial Advisors bought a new stake in Netflix in the second quarter valued at $139,000. Finally, Harbour Capital Advisors LLC increased its stake in Netflix by 14,840.7% in the second quarter. Harbour Capital Advisors LLC now owns 20,917 shares of the Internet television network’s stock valued at $140,000 after purchasing an additional 20,777 shares in the last quarter. 83.38% of the stock is owned by institutional investors and hedge funds.

A number of analysts have weighed in on NFLX shares. Piper Jaffray Companies restated an “overweight” rating and issued a $215.00 target price (up previously from $198.00) on shares of Netflix in a research report on Tuesday, August 8th. Jefferies Group restated a “hold” rating and issued a $165.00 target price (down previously from $171.80) on shares of Netflix in a research report on Wednesday, August 9th. J P Morgan Chase & Co restated a “buy” rating on shares of Netflix in a research report on Wednesday, August 9th. Wedbush restated a “sell” rating on shares of Netflix in a research report on Wednesday, August 9th. Finally, Vetr upgraded shares of Netflix from a “sell” rating to a “hold” rating and set a $165.75 target price on the stock in a research report on Thursday, August 10th. One equities research analyst has rated the stock with a sell rating, eighteen have issued a hold rating, thirty-two have assigned a buy rating and one has assigned a strong buy rating to the stock. Netflix presently has an average rating of “Buy” and a consensus target price of $208.19.

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About Netflix

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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