Netflix, Inc. (NASDAQ:NFLX) CFO David B. Wells sold 1,000 shares of the stock in a transaction on Monday, November 13th. The shares were sold at an average price of $191.12, for a total transaction of $191,120.00. Following the sale, the chief financial officer now directly owns 1,000 shares of the company’s stock, valued at approximately $191,120. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Netflix, Inc. (NASDAQ:NFLX) traded up $3.06 during mid-day trading on Tuesday, hitting $195.08. The company had a trading volume of 4,606,900 shares, compared to its average volume of 6,732,649. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.20 and a quick ratio of 1.20. The company has a market capitalization of $84,360.00, a P/E ratio of 193.96, a P/E/G ratio of 5.64 and a beta of 1.39. Netflix, Inc. has a 12-month low of $110.68 and a 12-month high of $204.38.

Netflix (NASDAQ:NFLX) last announced its earnings results on Monday, October 16th. The Internet television network reported $0.29 EPS for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.03). The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.97 billion. Netflix had a return on equity of 14.56% and a net margin of 4.04%. The business’s revenue for the quarter was up 30.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.12 earnings per share. analysts predict that Netflix, Inc. will post 1.28 EPS for the current year.

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Several brokerages have weighed in on NFLX. B. Riley reissued a “neutral” rating on shares of Netflix in a research report on Wednesday, November 1st. Loop Capital restated a “buy” rating and issued a $237.00 price objective on shares of Netflix in a report on Thursday, October 26th. Needham & Company LLC restated a “neutral” rating on shares of Netflix in a report on Thursday, October 19th. Vetr upgraded shares of Netflix from a “hold” rating to a “buy” rating and set a $210.19 price objective for the company in a report on Thursday, October 19th. Finally, Wedbush restated a “hold” rating and issued a $190.00 price objective (up from $180.00) on shares of Netflix in a report on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating, seventeen have given a hold rating and thirty-three have given a buy rating to the stock. Netflix has a consensus rating of “Buy” and a consensus price target of $207.20.

A number of institutional investors have recently made changes to their positions in NFLX. FMR LLC raised 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 worth $3,531,042,000 after purchasing an additional 2,605,731 shares in the last quarter. Janus Henderson Group PLC raised 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 worth $305,014,000 after purchasing an additional 1,984,404 shares in the last quarter. Jennison Associates LLC raised 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 worth $2,208,891,000 after purchasing an additional 1,814,056 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. raised 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 worth $121,708,000 after purchasing an additional 811,007 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Netflix by 2.9% in the second quarter. Vanguard Group Inc. now owns 27,950,272 shares of the Internet television network’s stock worth $4,176,049,000 after purchasing an additional 789,190 shares in the last quarter. Institutional investors and hedge funds own 80.43% of the company’s stock.

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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