Netflix, Inc. (NASDAQ:NFLX) insider Jonathan Friedland sold 972 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $225.12, for a total transaction of $218,816.64. Following the completion of the transaction, the insider now directly owns 972 shares of the company’s stock, valued at approximately $218,816.64. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Jonathan Friedland also recently made the following trade(s):

  • On Friday, January 12th, Jonathan Friedland sold 995 shares of Netflix stock. The shares were sold at an average price of $219.92, for a total transaction of $218,820.40.
  • On Monday, January 8th, Jonathan Friedland sold 3,180 shares of Netflix stock. The shares were sold at an average price of $211.64, for a total transaction of $673,015.20.
  • On Wednesday, January 3rd, Jonathan Friedland sold 2,743 shares of Netflix stock. The shares were sold at an average price of $205.59, for a total transaction of $563,933.37.

Netflix, Inc. (NFLX) traded down $4.03 during trading hours on Wednesday, hitting $217.50. 9,120,000 shares of the stock were exchanged, compared to its average volume of 6,490,000. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.47. The firm has a market capitalization of $94,120.00, a price-to-earnings ratio of 219.70, a PEG ratio of 3.59 and a beta of 1.34. Netflix, Inc. has a twelve month low of $131.06 and a twelve month high of $226.07.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data 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). The firm had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.97 billion. Netflix had a net margin of 4.04% and a return on equity of 14.56%. The business’s quarterly revenue was up 30.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 EPS. equities analysts expect that Netflix, Inc. will post 1.25 earnings per share for the current year.

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

Several equities analysts have commented on NFLX shares. Credit Suisse Group set a $224.00 price target on shares of Netflix and gave the company a “neutral” rating in a research report on Monday, January 8th. BidaskClub cut shares of Netflix from a “buy” rating to a “hold” rating in a research report on Saturday, December 2nd. Citigroup lifted their price objective on shares of Netflix from $180.00 to $205.00 and gave the stock a “neutral” rating in a research report on Friday, October 13th. Vetr raised shares of Netflix from a “buy” rating to a “strong-buy” rating and set a $214.83 price objective for the company in a research report on Friday, December 22nd. Finally, Loop Capital lifted their price objective on shares of Netflix from $237.00 to $241.00 and gave the stock a “buy” rating in a research report on Tuesday, January 2nd. One investment 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’s stock. Netflix presently has a consensus rating of “Buy” and an average price target 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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