Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 700 shares of the firm’s stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $314.38, for a total transaction of $220,066.00. Following the completion of the sale, the director now owns 7,393 shares in the company, valued at $2,324,211.34. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Netflix, Inc. (NASDAQ:NFLX) opened at $306.70 on Friday. Netflix, Inc. has a 12 month low of $138.66 and a 12 month high of $333.98. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.40 and a quick ratio of 1.40. The firm has a market cap of $137,336.00, a PE ratio of 245.36, a price-to-earnings-growth ratio of 4.34 and a beta of 0.96.
Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Monday, January 22nd. The Internet television network reported $0.41 EPS for the quarter, hitting the consensus estimate of $0.41. Netflix had a net margin of 4.78% and a return on equity of 17.20%. The company had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the previous year, the company earned $0.15 EPS. Netflix’s revenue was up 32.6% on a year-over-year basis. sell-side analysts anticipate that Netflix, Inc. will post 2.73 EPS for the current year.
Several large investors have recently modified their holdings of NFLX. SG Americas Securities LLC grew its position in shares of Netflix by 103.9% during the 4th quarter. SG Americas Securities LLC now owns 25,426 shares of the Internet television network’s stock worth $4,881,000 after buying an additional 675,267 shares during the period. Tybourne Capital Management HK Ltd. grew its position in shares of Netflix by 43.4% during the 4th quarter. Tybourne Capital Management HK Ltd. now owns 1,673,200 shares of the Internet television network’s stock worth $321,187,000 after buying an additional 506,700 shares during the period. Truepoint Inc. grew its position in shares of Netflix by 18,035.0% during the 3rd quarter. Truepoint Inc. now owns 402,416 shares of the Internet television network’s stock worth $402,000 after buying an additional 400,197 shares during the period. Wells Fargo & Company MN grew its position in shares of Netflix by 22.5% during the 4th quarter. Wells Fargo & Company MN now owns 1,934,754 shares of the Internet television network’s stock worth $371,396,000 after buying an additional 354,801 shares during the period. Finally, AGF Investments Inc. acquired a new stake in shares of Netflix during the 3rd quarter worth approximately $60,036,000. Institutional investors own 81.60% of the company’s stock.
Several research firms have issued reports on NFLX. Vetr upgraded shares of Netflix from a “sell” rating to a “hold” rating and set a $300.12 price target on the stock in a research report on Friday. Credit Suisse Group restated a “neutral” rating and issued a $266.00 price target (up from $224.00) on shares of Netflix in a research report on Tuesday, January 23rd. William Blair restated an “outperform” rating on shares of Netflix in a research report on Tuesday, January 23rd. Piper Jaffray Companies raised their price target on shares of Netflix to $360.00 and gave the stock an “overweight” rating in a research report on Friday, March 9th. Finally, Barclays began coverage on shares of Netflix in a research report on Thursday, January 11th. They issued an “overweight” rating and a $245.00 price target on the stock. Three research analysts have rated the stock with a sell rating, seventeen have issued a hold rating, thirty-two have given a buy rating and one has given a strong buy rating to the company’s stock. Netflix has an average rating of “Buy” and a consensus target price of $251.96.
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.
Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.