Netflix, Inc. (NFLX) Director Richard N. Barton Sells 2,000 Shares

Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 2,000 shares of Netflix stock in a transaction that occurred on Thursday, October 12th. The stock was sold at an average price of $196.16, for a total value of $392,320.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Netflix (NASDAQ:NFLX) last released its earnings results on Monday, July 17th. The Internet television network reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.01). Netflix had a net margin of 3.55% and a return on equity of 12.82%. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period in the previous year, the company earned $0.09 earnings per share. Netflix’s revenue was up 32.3% on a year-over-year basis.

COPYRIGHT VIOLATION WARNING: “Netflix, Inc. (NFLX) Director Richard N. Barton Sells 2,000 Shares” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another site, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this story can be read at https://ledgergazette.com/2017/10/13/netflix-inc-nflx-director-richard-n-barton-sells-2000-shares.html.

A number of large investors have recently bought and sold shares of NFLX. FMR LLC boosted its holdings in Netflix by 12.4% in 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 boosted its holdings in Netflix by 3,478.1% in 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 boosted its holdings in Netflix by 14.0% in 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. Vanguard Group Inc. boosted its holdings in Netflix by 3.5% in the first quarter. Vanguard Group Inc. now owns 27,161,082 shares of the Internet television network’s stock valued at $4,014,680,000 after purchasing an additional 921,283 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its holdings in Netflix by 22,622.2% in 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. 81.02% of the stock is currently owned by institutional investors.

A number of brokerages have weighed in on NFLX. J P Morgan Chase & Co reiterated an “overweight” rating and issued a $225.00 target price (up from $210.00) on shares of Netflix in a report on Friday. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $235.00 target price (up from $200.00) on shares of Netflix in a report on Friday. Citigroup Inc. lifted their target price on Netflix from $180.00 to $205.00 and gave the stock a “neutral” rating in a report on Friday. Sanford C. Bernstein set a $230.00 target price on Netflix and gave the stock a “buy” rating in a report on Thursday. Finally, Zacks Investment Research downgraded Netflix from a “buy” rating to a “hold” rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and thirty have assigned a buy rating to the stock. Netflix presently has a consensus rating of “Buy” and an average target price of $190.99.

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 ou

Netflix (NASDAQ:NFLX) last released its earnings results on Monday, July 17th. The Internet television network reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.01). Netflix had a net margin of 3.55% and a return on equity of 12.82%. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period in the previous year, the company earned $0.09 earnings per share. Netflix’s revenue was up 32.3% on a year-over-year basis.

COPYRIGHT VIOLATION WARNING: “Netflix, Inc. (NFLX) Director Richard N. Barton Sells 2,000 Shares” was reported by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another site, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this story can be read at https://ledgergazette.com/2017/10/13/netflix-inc-nflx-director-richard-n-barton-sells-2000-shares.html.

A number of large investors have recently bought and sold shares of NFLX. FMR LLC boosted its holdings in Netflix by 12.4% in 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 boosted its holdings in Netflix by 3,478.1% in 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 boosted its holdings in Netflix by 14.0% in 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. Vanguard Group Inc. boosted its holdings in Netflix by 3.5% in the first quarter. Vanguard Group Inc. now owns 27,161,082 shares of the Internet television network’s stock valued at $4,014,680,000 after purchasing an additional 921,283 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. boosted its holdings in Netflix by 22,622.2% in 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. 81.02% of the stock is currently owned by institutional investors.

A number of brokerages have weighed in on NFLX. J P Morgan Chase & Co reiterated an “overweight” rating and issued a $225.00 target price (up from $210.00) on shares of Netflix in a report on Friday. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $235.00 target price (up from $200.00) on shares of Netflix in a report on Friday. Citigroup Inc. lifted their target price on Netflix from $180.00 to $205.00 and gave the stock a “neutral” rating in a report on Friday. Sanford C. Bernstein set a $230.00 target price on Netflix and gave the stock a “buy” rating in a report on Thursday. Finally, Zacks Investment Research downgraded Netflix from a “buy” rating to a “hold” rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and thirty have assigned a buy rating to the stock. Netflix presently has a consensus rating of “Buy” and an average target price of $190.99.

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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