Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 700 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $197.38, for a total value of $138,166.00. Following the sale, the director now owns 7,362 shares in the company, valued at approximately $1,453,111.56. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Netflix, Inc. (NFLX) opened at $200.01 on Friday. 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, Inc. has a 1-year low of $110.68 and a 1-year high of $204.38. The stock has a market capitalization of $86,550.52, a PE ratio of 202.03, a price-to-earnings-growth ratio of 5.91 and a beta of 1.39.

Netflix (NASDAQ:NFLX) last issued its 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 company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.97 billion. During the same quarter last year, the business posted $0.12 EPS. Netflix’s quarterly revenue was up 30.3% on a year-over-year basis. sell-side analysts expect that Netflix, Inc. will post 1.27 EPS for the current year.

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Several large investors have recently added to or reduced their stakes in NFLX. FMR LLC lifted its holdings in shares of Netflix by 12.4% during the 2nd 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 in the last quarter. Janus Henderson Group PLC lifted its holdings in shares of Netflix by 3,478.1% during the 2nd 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 in the last quarter. Jennison Associates LLC lifted its holdings in shares of Netflix by 14.0% during the 2nd 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 in the last quarter. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in shares of Netflix by 22,622.2% during the 2nd 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 in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Netflix by 2.9% during the 2nd 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 in the last quarter. Institutional investors and hedge funds own 80.74% of the company’s stock.

Several analysts have issued reports on NFLX shares. MKM Partners restated a “buy” rating and set a $195.00 price objective on shares of Netflix in a report on Monday, July 10th. Vetr downgraded Netflix from a “strong-buy” rating to a “buy” rating and set a $167.28 price objective on the stock. in a report on Monday, July 10th. Credit Suisse Group set a $154.00 price objective on Netflix and gave the stock a “neutral” rating in a report on Tuesday, July 11th. Zacks Investment Research downgraded Netflix from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, Wedbush restated an “underperform” rating and set a $73.00 price objective on shares of Netflix in a report on Wednesday, July 12th. One equities research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and thirty-three have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target 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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