Netflix, Inc. (NASDAQ:NFLX)‘s stock had its “hold” rating reiterated by investment analysts at Jefferies Group LLC in a note issued to investors on Thursday.

A number of other brokerages have also recently commented on NFLX. MKM Partners upped their price target on Netflix from $195.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday, July 27th. BTIG Research upped their price target on Netflix from $170.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, July 26th. Moffett Nathanson reaffirmed a “neutral” rating on shares of Netflix in a research note on Tuesday, July 18th. Zacks Investment Research cut Netflix from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, Vetr raised Netflix from a “strong sell” rating to a “sell” rating and set a $163.64 target price for the company in a research note on Thursday, July 27th. Three investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and twenty-nine have given a buy rating to the company. Netflix currently has a consensus rating of “Buy” and an average price target of $174.74.

Netflix (NASDAQ:NFLX) opened at 175.78 on Thursday. The stock has a 50 day moving average of $165.67 and a 200 day moving average of $152.34. The stock has a market capitalization of $75.89 billion, a P/E ratio of 213.84 and a beta of 1.02. Netflix has a 52-week low of $92.95 and a 52-week high of $191.50.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Monday, July 17th. The Internet television network reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. Netflix had a net margin of 2.36% and a return on equity of 8.65%. The business’s revenue was up 32.3% compared to the same quarter last year. During the same period last year, the company earned $0.09 earnings per share. On average, equities research analysts forecast that Netflix will post $1.17 EPS for the current year.

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In related news, Director Richard N. Barton sold 1,000 shares of Netflix stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $181.37, for a total value of $181,370.00. Following the transaction, the director now directly owns 8,012 shares of the company’s stock, valued at $1,453,136.44. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Gregory K. Peters sold 6,853 shares of Netflix stock in a transaction that occurred on Tuesday, May 30th. The stock was sold at an average price of $164.29, for a total value of $1,125,879.37. Following the completion of the transaction, the insider now directly owns 19,943 shares in the company, valued at $3,276,435.47. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 389,801 shares of company stock worth $64,889,201. 4.90% of the stock is owned by insiders.

Several institutional investors have recently bought and sold shares of NFLX. Sheaff Brock Investment Advisors LLC raised its position in Netflix by 7.9% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 14,500 shares of the Internet television network’s stock worth $2,166,000 after buying an additional 1,061 shares in the last quarter. Quinn Opportunity Partners LLC raised its position in Netflix by 20.0% in the second quarter. Quinn Opportunity Partners LLC now owns 9,000 shares of the Internet television network’s stock worth $1,345,000 after buying an additional 1,500 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its position 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 worth $121,708,000 after buying an additional 811,007 shares in the last quarter. Calamos Advisors LLC raised its position in Netflix by 198.5% in the second quarter. Calamos Advisors LLC now owns 208,945 shares of the Internet television network’s stock worth $31,218,000 after buying an additional 138,945 shares in the last quarter. Finally, Calamos Wealth Management LLC bought a new position in Netflix during the second quarter worth approximately $657,000. 82.78% of the stock is currently owned by institutional investors.

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.

Analyst Recommendations for Netflix (NASDAQ:NFLX)

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