Netflix, Inc. (NASDAQ:NFLX) was down 0% on Thursday . The company traded as low as $250.00 and last traded at $250.10. Approximately 9,276,887 shares traded hands during mid-day trading, a decline of 11% from the average daily volume of 10,430,000 shares. The stock had previously closed at $250.10.

A number of equities research analysts have recently weighed in on NFLX shares. MKM Partners lifted their price target on shares of Netflix from $245.00 to $320.00 and gave the company a “buy” rating in a research report on Monday, January 29th. Bank of America lifted their price target on shares of Netflix from $225.00 to $199.00 and gave the company a “buy” rating in a research report on Friday, December 1st. Macquarie upgraded shares of Netflix from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $200.00 to $220.00 in a research report on Tuesday, January 2nd. Goldman Sachs Group set a $250.00 price target on shares of Netflix and gave the company a “buy” rating in a research report on Tuesday, November 28th. Finally, Zacks Investment Research upgraded shares of Netflix from a “hold” rating to a “buy” rating and set a $219.00 price target for the company in a research report on Monday, November 20th. Three equities research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, thirty-four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $237.51.

The company has a market capitalization of $108,230.00, a P/E ratio of 200.08, a price-to-earnings-growth ratio of 3.71 and a beta of 1.04. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.40 and a quick ratio of 1.40.

Netflix (NASDAQ:NFLX) last posted its earnings results on Monday, January 22nd. The Internet television network reported $0.41 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.41. The firm had revenue of $3.29 billion for the quarter, compared to analysts’ expectations of $3.28 billion. Netflix had a net margin of 4.78% and a return on equity of 17.20%. The company’s revenue was up 32.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 earnings per share. analysts expect that Netflix, Inc. will post 2.69 EPS for the current year.

In other Netflix news, CEO Reed Hastings sold 91,861 shares of the business’s stock in a transaction on Thursday, December 21st. The shares were sold at an average price of $189.03, for a total transaction of $17,364,484.83. Following the sale, the chief executive officer now owns 91,861 shares of the company’s stock, valued at $17,364,484.83. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Richard N. Barton sold 700 shares of the business’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $254.87, for a total transaction of $178,409.00. Following the sale, the director now directly owns 7,393 shares in the company, valued at approximately $1,884,253.91. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 297,138 shares of company stock worth $62,304,023. Insiders own 4.90% of the company’s stock.

Several institutional investors have recently modified their holdings of NFLX. Balentine LLC grew its stake in shares of Netflix by 1,020.4% in the third quarter. Balentine LLC now owns 549 shares of the Internet television network’s stock worth $100,000 after purchasing an additional 500 shares during the last quarter. Duncker Streett & Co. Inc. grew its stake in shares of Netflix by 47.1% in the fourth quarter. Duncker Streett & Co. Inc. now owns 625 shares of the Internet television network’s stock worth $120,000 after purchasing an additional 200 shares during the last quarter. Goodman Financial Corp bought a new stake in shares of Netflix in the fourth quarter worth $163,000. Steward Partners Investment Advisory LLC bought a new stake in shares of Netflix in the third quarter worth $171,000. Finally, Grove Bank & Trust grew its stake in shares of Netflix by 249.6% in the third quarter. Grove Bank & Trust now owns 958 shares of the Internet television network’s stock worth $174,000 after purchasing an additional 684 shares during the last quarter. 82.71% of the stock is currently owned by institutional investors.

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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.

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