Netflix, Inc. (NFLX) Director A George Battle Sells 10,716 Shares

Netflix, Inc. (NASDAQ:NFLX) Director A George Battle sold 10,716 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of $258.49, for a total value of $2,769,978.84. Following the transaction, the director now directly owns 2,575 shares in the company, valued at $665,611.75. The sale was disclosed in a filing with the SEC, which is available through this link.

Netflix, Inc. (NASDAQ NFLX) traded up $7.73 during trading hours on Wednesday, hitting $266.00. The company had a trading volume of 10,930,335 shares, compared to its average volume of 11,070,000. Netflix, Inc. has a 12-month low of $138.26 and a 12-month high of $286.81. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.40 and a current ratio of 1.40. The firm has a market capitalization of $115,430.00, a PE ratio of 212.80, a PEG ratio of 3.60 and a beta of 1.04.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Monday, January 22nd. The Internet television network reported $0.41 EPS for the quarter, meeting the consensus estimate of $0.41. Netflix had a return on equity of 17.20% and a net margin of 4.78%. The firm had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter last year, the firm earned $0.15 earnings per share. The business’s revenue for the quarter was up 32.6% on a year-over-year basis. sell-side analysts forecast that Netflix, Inc. will post 2.69 EPS for the current year.

Several large investors have recently bought and sold shares of the stock. Hanseatic Management Services Inc. increased its holdings in shares of Netflix by 3.6% in the fourth quarter. Hanseatic Management Services Inc. now owns 6,256 shares of the Internet television network’s stock valued at $1,201,000 after purchasing an additional 219 shares during the last quarter. Morgens Waterfall Vintiadis & Co. Inc. increased its holdings in shares of Netflix by 22.8% in the fourth quarter. Morgens Waterfall Vintiadis & Co. Inc. now owns 22,711 shares of the Internet television network’s stock valued at $4,360,000 after purchasing an additional 4,211 shares during the last quarter. HPM Partners LLC increased its holdings in shares of Netflix by 43.3% in the fourth quarter. HPM Partners LLC now owns 2,159 shares of the Internet television network’s stock valued at $414,000 after purchasing an additional 652 shares during the last quarter. Guggenheim Capital LLC increased its holdings in shares of Netflix by 23.9% in the fourth quarter. Guggenheim Capital LLC now owns 501,653 shares of the Internet television network’s stock valued at $96,296,000 after purchasing an additional 96,800 shares during the last quarter. Finally, Tybourne Capital Management HK Ltd. increased its holdings in shares of Netflix by 43.4% in the fourth quarter. Tybourne Capital Management HK Ltd. now owns 1,673,200 shares of the Internet television network’s stock valued at $321,187,000 after purchasing an additional 506,700 shares during the last quarter. 82.38% of the stock is owned by hedge funds and other institutional investors.

NFLX has been the topic of several research analyst reports. B. Riley reiterated a “neutral” rating on shares of Netflix in a research note on Wednesday, November 1st. SunTrust Banks set a $270.00 price target on Netflix and gave the company a “hold” rating in a research note on Wednesday. Wedbush reiterated a “hold” rating and set a $190.00 price target (up previously from $180.00) on shares of Netflix in a research note on Wednesday, October 18th. Credit Suisse Group reiterated a “neutral” rating and set a $266.00 price target (up previously from $224.00) on shares of Netflix in a research note on Tuesday, January 23rd. Finally, William Blair reiterated an “outperform” rating on shares of Netflix in a research note on Tuesday, January 23rd. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, thirty-four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $239.39.

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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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