Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 700 shares of the company’s stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $194.29, for a total transaction of $136,003.00. Following the sale, the director now directly owns 7,393 shares of the company’s stock, valued at approximately $1,436,385.97. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of Netflix, Inc. (NASDAQ:NFLX) traded down $2.31 during trading on Friday, reaching $193.20. 3,753,775 shares of the company’s stock traded hands, compared to its average volume of 5,451,401. Netflix, Inc. has a twelve month low of $113.51 and a twelve month high of $204.38. The company has a market capitalization of $83,603.63, a price-to-earnings ratio of 195.15, a PEG ratio of 5.74 and a beta of 1.39. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.47.

Netflix (NASDAQ:NFLX) last announced its earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.03). Netflix had a net margin of 4.04% and a return on equity of 14.56%. The company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.97 billion. During the same quarter in the previous year, the firm earned $0.12 earnings per share. The company’s revenue for the quarter was up 30.3% compared to the same quarter last year. analysts anticipate that Netflix, Inc. will post 1.26 EPS for the current year.

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A number of institutional investors have recently made changes to their positions in NFLX. FMR LLC lifted its position in Netflix by 12.4% during the second quarter. FMR LLC now owns 23,633,237 shares of the Internet television network’s stock valued at $3,531,042,000 after purchasing an additional 2,605,731 shares during the last quarter. Janus Henderson Group PLC lifted its position in Netflix by 3,478.1% during the second quarter. Janus Henderson Group PLC now owns 2,041,458 shares of the Internet television network’s stock valued at $305,014,000 after purchasing an additional 1,984,404 shares during the last quarter. Jennison Associates LLC lifted its position in Netflix by 14.0% during the second quarter. Jennison Associates LLC now owns 14,784,089 shares of the Internet television network’s stock valued at $2,208,891,000 after purchasing an additional 1,814,056 shares during the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted its position in Netflix by 22,622.2% during the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 814,592 shares of the Internet television network’s stock valued at $121,708,000 after purchasing an additional 811,007 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in Netflix by 2.9% during the second quarter. Vanguard Group Inc. now owns 27,950,272 shares of the Internet television network’s stock valued at $4,176,049,000 after purchasing an additional 789,190 shares during the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

A number of equities analysts recently issued reports on the stock. Piper Jaffray Companies reiterated a “buy” rating and set a $215.00 price objective on shares of Netflix in a research report on Monday, September 18th. Loop Capital upped their price objective on shares of Netflix from $228.00 to $242.00 and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Royal Bank Of Canada reiterated an “outperform” rating and set a $210.00 price objective on shares of Netflix in a research report on Friday, October 6th. Vetr upgraded shares of Netflix from a “sell” rating to a “hold” rating and set a $165.75 price objective for the company in a research report on Thursday, August 10th. Finally, J P Morgan Chase & Co reiterated a “buy” rating on shares of Netflix in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating and thirty-two have issued a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $207.20.

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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