Investors sold shares of Netflix, Inc. (NASDAQ:NFLX) on strength during trading hours on Monday. $1,267.83 million flowed into the stock on the tick-up and $1,323.35 million flowed out of the stock on the tick-down, for a money net flow of $55.52 million out of the stock. Of all companies tracked, Netflix had the 16th highest net out-flow for the day. Netflix traded up $10.95 for the day and closed at $327.73

A number of brokerages have recently issued reports on NFLX. MKM Partners increased their price target on shares of Netflix from $320.00 to $390.00 and gave the company a “buy” rating in a report on Tuesday, May 29th. Royal Bank of Canada reiterated a “buy” rating and issued a $360.00 price target on shares of Netflix in a report on Friday, June 1st. Oppenheimer reiterated a “buy” rating and issued a $370.00 price target on shares of Netflix in a report on Thursday, June 14th. Monness Crespi & Hardt increased their price target on shares of Netflix from $375.00 to $460.00 and gave the company a “buy” rating in a report on Tuesday, June 19th. Finally, Piper Jaffray Companies increased their price target on shares of Netflix from $367.00 to $420.00 and gave the company an “overweight” rating in a report on Tuesday, June 19th. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and thirty have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $346.99.

The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.54 and a current ratio of 1.54. The company has a market cap of $150.61 billion, a price-to-earnings ratio of 249.39, a price-to-earnings-growth ratio of 4.28 and a beta of 0.76.

Netflix (NASDAQ:NFLX) last released its earnings results on Monday, July 16th. The Internet television network reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.05. Netflix had a net margin of 7.13% and a return on equity of 25.66%. The firm had revenue of $3.91 billion during the quarter, compared to analyst estimates of $3.94 billion. During the same quarter in the previous year, the firm earned $0.15 earnings per share. The firm’s revenue for the quarter was up 40.3% compared to the same quarter last year. sell-side analysts expect that Netflix, Inc. will post 2.69 earnings per share for the current fiscal year.

In other news, Director Leslie J. Kilgore sold 560 shares of the company’s stock in a transaction dated Tuesday, May 22nd. The stock was sold at an average price of $334.05, for a total value of $187,068.00. Following the transaction, the director now owns 35,756 shares in the company, valued at approximately $11,944,291.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel David A. Hyman sold 38,976 shares of the company’s stock in a transaction dated Thursday, July 19th. The shares were sold at an average price of $371.20, for a total value of $14,467,891.20. Following the completion of the transaction, the general counsel now owns 43,895 shares in the company, valued at approximately $16,293,824. The disclosure for this sale can be found here. In the last three months, insiders have sold 347,690 shares of company stock valued at $130,457,444. Corporate insiders own 4.29% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the company. CSat Investment Advisory L.P. acquired a new position in shares of Netflix in the 2nd quarter valued at about $117,000. Guidant Wealth Advisors increased its holdings in Netflix by 190.5% in the second quarter. Guidant Wealth Advisors now owns 305 shares of the Internet television network’s stock worth $121,000 after buying an additional 200 shares during the last quarter. Signature Estate & Investment Advisors LLC acquired a new position in Netflix in the second quarter worth approximately $124,000. BerganKDV Wealth Management LLC acquired a new position in Netflix in the second quarter worth approximately $137,000. Finally, Braun Bostich & Associates Inc. acquired a new position in Netflix in the first quarter worth approximately $142,000. Institutional investors own 76.28% of the company’s stock.

Netflix Company Profile (NASDAQ:NFLX)

Netflix, Inc, an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. It operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. The company offers TV shows and movies, including original series, documentaries, and feature films.

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