Netflix, Inc. (NASDAQ:NFLX - Get Free Report) Director Leslie J. Kilgore sold 383 shares of the business's stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $730.00, for a total transaction of $279,590.00. Following the sale, the director now directly owns 35,262 shares in the company, valued at $25,741,260. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Leslie J. Kilgore also recently made the following trade(s):
- On Thursday, September 19th, Leslie J. Kilgore sold 428 shares of Netflix stock. The stock was sold at an average price of $715.00, for a total transaction of $306,020.00.
- On Tuesday, August 20th, Leslie J. Kilgore sold 1,372 shares of Netflix stock. The stock was sold at an average price of $704.81, for a total transaction of $966,999.32.
Netflix Stock Performance
Shares of Netflix stock opened at $722.79 on Friday. Netflix, Inc. has a fifty-two week low of $344.73 and a fifty-two week high of $736.00. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.95 and a quick ratio of 0.95. The firm has a market capitalization of $311.52 billion, a P/E ratio of 50.16, a P/E/G ratio of 1.49 and a beta of 1.26. The company's 50 day moving average price is $686.60 and its two-hundred day moving average price is $651.18.
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Netflix (NASDAQ:NFLX - Get Free Report) last issued its earnings results on Thursday, July 18th. The Internet television network reported $4.88 earnings per share for the quarter, beating analysts' consensus estimates of $4.74 by $0.14. Netflix had a net margin of 19.54% and a return on equity of 32.93%. The firm had revenue of $9.56 billion for the quarter, compared to analyst estimates of $9.53 billion. During the same quarter last year, the business posted $3.29 earnings per share. The company's quarterly revenue was up 16.8% on a year-over-year basis. On average, equities analysts forecast that Netflix, Inc. will post 19.08 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several equities research analysts have commented on the stock. Citigroup boosted their price target on shares of Netflix from $660.00 to $675.00 and gave the stock a "neutral" rating in a research report on Monday, July 22nd. UBS Group boosted their price target on shares of Netflix from $685.00 to $750.00 and gave the stock a "buy" rating in a research report on Friday, July 19th. TD Cowen boosted their price objective on shares of Netflix from $775.00 to $820.00 and gave the stock a "buy" rating in a research note on Monday, October 7th. Needham & Company LLC restated a "buy" rating and set a $700.00 price objective on shares of Netflix in a research note on Friday, July 19th. Finally, Oppenheimer increased their price target on shares of Netflix from $725.00 to $775.00 and gave the company an "outperform" rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twenty-five have issued a buy rating to the stock. Based on data from MarketBeat, Netflix currently has a consensus rating of "Moderate Buy" and a consensus price target of $702.79.
Read Our Latest Stock Analysis on Netflix
Institutional Trading of Netflix
A number of hedge funds have recently added to or reduced their stakes in the stock. Denver PWM LLC acquired a new position in shares of Netflix during the second quarter worth $25,000. Valued Wealth Advisors LLC lifted its holdings in shares of Netflix by 80.0% during the first quarter. Valued Wealth Advisors LLC now owns 45 shares of the Internet television network's stock worth $27,000 after purchasing an additional 20 shares during the period. Proffitt & Goodson Inc. lifted its holdings in shares of Netflix by 380.0% during the second quarter. Proffitt & Goodson Inc. now owns 48 shares of the Internet television network's stock worth $32,000 after purchasing an additional 38 shares during the period. AlphaMark Advisors LLC lifted its holdings in shares of Netflix by 642.9% during the second quarter. AlphaMark Advisors LLC now owns 52 shares of the Internet television network's stock worth $35,000 after purchasing an additional 45 shares during the period. Finally, Indiana Trust & Investment Management CO lifted its holdings in shares of Netflix by 112.0% during the first quarter. Indiana Trust & Investment Management CO now owns 53 shares of the Internet television network's stock worth $32,000 after purchasing an additional 28 shares during the period. Institutional investors and hedge funds own 80.93% of the company's stock.
About Netflix
(
Get Free Report)
Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.
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