Netflix, Inc. (NASDAQ:NFLX)‘s stock had its “buy” rating reaffirmed by analysts at Guggenheim in a research report issued to clients and investors on Friday. They presently have a $225.00 price objective on the Internet television network’s stock, up from their previous price objective of $210.00. Guggenheim’s target price points to a potential upside of 15.75% from the company’s previous close.

NFLX has been the subject of a number of other reports. Raymond James Financial, Inc. reaffirmed an “outperform” rating and set a $205.00 price objective (up from $165.00) on shares of Netflix in a research note on Tuesday, July 18th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $190.00 price objective on shares of Netflix in a research note on Thursday, July 13th. Vetr raised shares of Netflix from a “strong sell” rating to a “sell” rating and set a $177.49 price objective for the company in a research note on Tuesday, September 19th. MKM Partners upped their price objective on shares of Netflix from $195.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday, July 27th. Finally, Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and set a $200.00 price objective (up from $175.00) on shares of Netflix in a research note on Tuesday, July 18th. Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and thirty-one have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $184.65.

Shares of Netflix (NASDAQ:NFLX) traded up 1.167% during midday trading on Friday, hitting $196.658. 12,963,429 shares of the stock were exchanged. The stock’s 50-day moving average price is $177.87 and its 200 day moving average price is $163.29. The stock has a market cap of $84.91 billion, a P/E ratio of 239.243 and a beta of 1.09. Netflix has a one year low of $97.63 and a one year high of $198.92. Netflix also saw some unusual options trading activity on Thursday. Traders bought 122,784 call options on the company. This is an increase of 283% compared to the average daily volume of 32,078 call options.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data 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). Netflix had a net margin of 3.55% and a return on equity of 12.82%. The firm had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.76 billion. During the same period in the prior year, the company posted $0.09 earnings per share. Netflix’s quarterly revenue was up 32.3% compared to the same quarter last year. On average, analysts anticipate that Netflix will post $1.17 earnings per share for the current year.

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In other news, insider Jonathan Friedland sold 2,496 shares of Netflix stock in a transaction dated Wednesday, July 19th. The stock was sold at an average price of $182.17, for a total transaction of $454,696.32. Following the transaction, the insider now owns 1,232 shares in the company, valued at approximately $224,433.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Richard N. Barton sold 1,000 shares of Netflix stock in a transaction dated Tuesday, July 25th. The shares were sold at an average price of $187.79, for a total value of $187,790.00. Following the transaction, the director now owns 7,198 shares in the company, valued at approximately $1,351,712.42. The disclosure for this sale can be found here. Insiders have sold a total of 310,325 shares of company stock worth $55,807,018 in the last quarter. 4.90% of the stock is currently owned by company insiders.

Several large investors have recently added to or reduced their stakes in the company. Quadrant Capital Group LLC lifted its holdings in shares of Netflix by 0.6% during the 2nd quarter. Quadrant Capital Group LLC now owns 1,684 shares of the Internet television network’s stock valued at $229,000 after purchasing an additional 10 shares in the last quarter. Guardian Life Insurance Co. of America lifted its holdings in shares of Netflix by 0.7% during the 1st quarter. Guardian Life Insurance Co. of America now owns 1,655 shares of the Internet television network’s stock valued at $245,000 after purchasing an additional 11 shares in the last quarter. M Holdings Securities Inc. lifted its holdings in shares of Netflix by 0.5% during the 1st quarter. M Holdings Securities Inc. now owns 2,467 shares of the Internet television network’s stock valued at $365,000 after purchasing an additional 12 shares in the last quarter. Heritage Investors Management Corp lifted its holdings in shares of Netflix by 0.6% during the 2nd quarter. Heritage Investors Management Corp now owns 1,995 shares of the Internet television network’s stock valued at $298,000 after purchasing an additional 12 shares in the last quarter. Finally, Kalos Management Inc. lifted its holdings in shares of Netflix by 0.7% during the 2nd quarter. Kalos Management Inc. now owns 1,621 shares of the Internet television network’s stock valued at $242,000 after purchasing an additional 12 shares in the last quarter. Institutional investors and hedge funds own 81.03% 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.

Analyst Recommendations for Netflix (NASDAQ:NFLX)

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