Netflix, Inc. (NASDAQ:NFLX) Director Leslie J. Kilgore sold 847 shares of the company’s stock in a transaction that occurred on Thursday, January 4th. The shares were sold at an average price of $207.00, for a total transaction of $175,329.00. Following the transaction, the director now directly owns 36,043 shares in the company, valued at approximately $7,460,901. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Netflix, Inc. (NFLX) traded up $4.36 during trading on Friday, hitting $209.99. 6,962,400 shares of the stock were exchanged, compared to its average volume of 6,150,000. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.20 and a current ratio of 1.20. Netflix, Inc. has a one year low of $128.50 and a one year high of $210.02. The company has a market cap of $90,870.00, a P/E ratio of 212.11, a P/E/G ratio of 3.33 and a beta of 1.34.
Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.03). Netflix had a return on equity of 14.56% and a net margin of 4.04%. The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.97 billion. During the same quarter in the previous year, the business posted $0.12 earnings per share. The company’s quarterly revenue was up 30.3% compared to the same quarter last year. equities analysts expect that Netflix, Inc. will post 1.26 EPS for the current year.
Institutional investors have recently bought and sold shares of the company. Tower Research Capital LLC TRC bought a new position in shares of Netflix in the 2nd quarter worth about $1,045,000. Lincoln National Corp lifted its position in shares of Netflix by 7.0% in the 3rd quarter. Lincoln National Corp now owns 4,094 shares of the Internet television network’s stock worth $742,000 after buying an additional 268 shares during the last quarter. BB&T Corp lifted its position in shares of Netflix by 20.0% in the 3rd quarter. BB&T Corp now owns 3,857 shares of the Internet television network’s stock worth $700,000 after buying an additional 642 shares during the last quarter. Pittenger & Anderson Inc. lifted its position in shares of Netflix by 1,646.4% in the 2nd quarter. Pittenger & Anderson Inc. now owns 10,915 shares of the Internet television network’s stock worth $1,631,000 after buying an additional 10,290 shares during the last quarter. Finally, Mizuho Securities USA LLC bought a new position in shares of Netflix in the 3rd quarter worth about $9,793,000. Institutional investors own 83.27% of the company’s stock.
Several equities analysts recently issued reports on NFLX shares. SunTrust Banks reissued a “hold” rating and set a $175.00 price objective on shares of Netflix in a research note on Thursday, September 7th. Loop Capital reissued a “buy” rating and set a $212.00 price objective (up previously from $205.00) on shares of Netflix in a research note on Thursday, September 7th. Guggenheim reissued a “buy” rating and set a $210.00 price objective (up previously from $190.00) on shares of Netflix in a research note on Tuesday, September 12th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Netflix in a research note on Tuesday, September 12th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Netflix in a research note on Sunday, September 17th. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and thirty-five have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $210.08.
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.
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