Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 700 shares of the stock in a transaction on Tuesday, March 20th. The stock was sold at an average price of $314.38, for a total value of $220,066.00. Following the sale, the director now directly owns 7,393 shares in the company, valued at $2,324,211.34. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Netflix stock opened at $316.48 on Thursday. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.40 and a quick ratio of 1.40. The company has a market capitalization of $137,778.63, a PE ratio of 253.18, a price-to-earnings-growth ratio of 4.36 and a beta of 0.96. Netflix, Inc. has a 1 year low of $138.66 and a 1 year high of $333.98.

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Netflix (NASDAQ:NFLX) last posted its earnings results on Monday, January 22nd. The Internet television network reported $0.41 EPS for the quarter, meeting the consensus estimate of $0.41. The firm had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. Netflix had a return on equity of 17.20% and a net margin of 4.78%. The business’s quarterly revenue was up 32.6% on a year-over-year basis. During the same period last year, the company earned $0.15 earnings per share. equities research analysts anticipate that Netflix, Inc. will post 2.73 EPS for the current fiscal year.

Several institutional investors and hedge funds have recently modified their holdings of NFLX. Balentine LLC raised its position in shares of Netflix by 1,020.4% during the third quarter. Balentine LLC now owns 549 shares of the Internet television network’s stock worth $100,000 after acquiring an additional 500 shares during the last quarter. James Hambro & Partners bought a new position in shares of Netflix during the fourth quarter worth about $106,000. Duncker Streett & Co. Inc. raised its position in shares of Netflix by 47.1% during the fourth quarter. Duncker Streett & Co. Inc. now owns 625 shares of the Internet television network’s stock worth $120,000 after acquiring an additional 200 shares during the last quarter. Wagner Wealth Management LLC bought a new position in shares of Netflix during the fourth quarter worth about $125,000. Finally, Crewe Advisors LLC bought a new position in shares of Netflix during the fourth quarter worth about $149,000. Institutional investors own 81.60% of the company’s stock.

Several research firms have recently issued reports on NFLX. Credit Suisse Group reissued a “neutral” rating and set a $266.00 target price (up from $224.00) on shares of Netflix in a report on Tuesday, January 23rd. William Blair reissued an “outperform” rating on shares of Netflix in a report on Tuesday, January 23rd. Piper Jaffray Companies increased their target price on Netflix to $360.00 and gave the stock an “overweight” rating in a report on Friday, March 9th. Barclays began coverage on Netflix in a report on Thursday, January 11th. They set an “overweight” rating and a $245.00 target price on the stock. Finally, BMO Capital Markets increased their target price on Netflix to $250.00 and gave the stock a “market perform” rating in a report on Tuesday, January 23rd. Four analysts have rated the stock with a sell rating, sixteen have issued a hold rating, thirty-two have assigned a buy rating and one has given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $251.28.

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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.

Insider Buying and Selling by Quarter for Netflix (NASDAQ:NFLX)

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