Insider Selling: Netflix, Inc. (NFLX) Insider Sells 972 Shares of Stock
Netflix, Inc. (NASDAQ:NFLX) insider Jonathan Friedland sold 972 shares of Netflix stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $225.12, for a total transaction of $218,816.64. Following the sale, the insider now owns 972 shares of the company’s stock, valued at $218,816.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 stock was 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 stock was 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 stock was sold at an average price of $205.59, for a total transaction of $563,933.37.
Shares of Netflix, Inc. (NASDAQ NFLX) opened at $220.46 on Friday. Netflix, Inc. has a one year low of $137.03 and a one year high of $226.07. 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 firm has a market cap of $95,460.00, a P/E ratio of 222.69, a PEG ratio of 3.59 and a beta of 1.34.
Several equities research analysts have recently commented on NFLX shares. Bank of America lifted their price objective on shares of Netflix from $199.00 to $225.00 in a research note on Tuesday, October 17th. UBS Group restated a “buy” rating and set a $225.00 target price (up from $190.00) on shares of Netflix in a research report on Wednesday, October 4th. KeyCorp restated a “buy” rating and set a $206.00 target price on shares of Netflix in a research report on Thursday, October 5th. Cantor Fitzgerald restated a “buy” rating and set a $205.00 target price on shares of Netflix in a research report on Thursday, October 5th. Finally, Zacks Investment Research upgraded shares of Netflix from a “hold” rating to a “buy” rating and set a $207.00 target price for the company in a research report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and thirty-five have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $213.56.
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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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