Netflix, Inc. (NASDAQ:NFLX) Director Leslie J. Kilgore sold 1,589 shares of the stock in a transaction on Friday, January 12th. The shares were sold at an average price of $220.00, for a total value of $349,580.00. Following the sale, the director now owns 35,994 shares in the company, valued at approximately $7,918,680. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Shares of Netflix, Inc. (NFLX) traded up $0.30 on Tuesday, hitting $221.53. The company had a trading volume of 13,490,400 shares, compared to its average volume of 6,260,000. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47. The stock has a market cap of $95,860.00, a price-to-earnings ratio of 223.77, a P/E/G ratio of 3.59 and a beta of 1.34. Netflix, Inc. has a twelve month low of $130.58 and a twelve month high of $226.07.

Netflix (NASDAQ:NFLX) last issued its earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share 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 quarterly revenue was up 30.3% compared to the same quarter last year. During the same period last year, the business posted $0.12 earnings per share. equities research analysts forecast that Netflix, Inc. will post 1.25 EPS for the current year.

Institutional investors and hedge funds have recently modified their holdings of the stock. Balentine LLC raised its position in shares of Netflix by 1,020.4% in the 3rd quarter. Balentine LLC now owns 549 shares of the Internet television network’s stock worth $100,000 after buying an additional 500 shares during the period. Aviance Capital Management LLC purchased a new position in Netflix in the second quarter valued at about $137,000. Steward Partners Investment Advisory LLC purchased a new position in Netflix in the third quarter valued at about $171,000. Grove Bank & Trust raised its position in Netflix by 249.6% in the third quarter. Grove Bank & Trust now owns 958 shares of the Internet television network’s stock valued at $174,000 after purchasing an additional 684 shares during the period. Finally, Harfst & Associates Inc. raised its position in Netflix by 36.8% in the second quarter. Harfst & Associates Inc. now owns 1,015 shares of the Internet television network’s stock valued at $151,000 after purchasing an additional 273 shares during the period. 83.27% of the stock is currently owned by institutional investors and hedge funds.

NFLX has been the topic of a number of analyst reports. Piper Jaffray Companies reiterated a “buy” rating and set a $215.00 target price on shares of Netflix in a report on Monday, September 18th. Loop Capital increased their target price on Netflix from $228.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, October 17th. Royal Bank of Canada reiterated an “outperform” rating and set a $210.00 target price on shares of Netflix in a report on Friday, October 6th. Buckingham Research reiterated a “buy” rating and set a $214.00 target price on shares of Netflix in a report on Monday, October 9th. Finally, Argus reiterated a “hold” rating on shares of Netflix in a report on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and thirty-six have issued a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $212.11.

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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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