Netflix, Inc. (NASDAQ:NFLX - Get Free Report) CAO Jeffrey William Karbowski sold 640 shares of the stock in a transaction on Friday, April 25th. The shares were sold at an average price of $1,097.04, for a total value of $702,105.60. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Jeffrey William Karbowski also recently made the following trade(s):
- On Monday, April 21st, Jeffrey William Karbowski sold 160 shares of Netflix stock. The stock was sold at an average price of $1,000.00, for a total value of $160,000.00.
- On Tuesday, March 25th, Jeffrey William Karbowski sold 480 shares of Netflix stock. The stock was sold at an average price of $978.18, for a total value of $469,526.40.
- On Wednesday, February 26th, Jeffrey William Karbowski sold 160 shares of Netflix stock. The stock was sold at an average price of $1,000.00, for a total value of $160,000.00.
- On Tuesday, February 4th, Jeffrey William Karbowski sold 160 shares of Netflix stock. The stock was sold at an average price of $1,000.00, for a total value of $160,000.00.
- On Thursday, January 30th, Jeffrey William Karbowski sold 480 shares of Netflix stock. The stock was sold at an average price of $986.75, for a total value of $473,640.00.
Netflix Price Performance
Shares of NASDAQ NFLX opened at $1,110.38 on Tuesday. The business's 50 day moving average price is $957.26 and its two-hundred day moving average price is $908.81. The company has a market cap of $472.55 billion, a PE ratio of 55.99, a price-to-earnings-growth ratio of 2.12 and a beta of 1.55. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.56. Netflix, Inc. has a twelve month low of $544.25 and a twelve month high of $1,114.00.
Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings data on Thursday, April 17th. The Internet television network reported $6.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $5.74 by $0.87. The company had revenue of $10.54 billion during the quarter, compared to analysts' expectations of $10.51 billion. Netflix had a return on equity of 38.32% and a net margin of 22.34%. During the same quarter in the previous year, the company posted $8.28 earnings per share. On average, analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on NFLX. FBN Securities began coverage on Netflix in a report on Thursday, March 27th. They issued an "outperform" rating and a $1,165.00 price objective on the stock. Loop Capital restated a "hold" rating on shares of Netflix in a report on Monday, March 24th. Argus increased their price objective on Netflix from $840.00 to $1,040.00 and gave the stock a "buy" rating in a report on Monday, January 6th. BMO Capital Markets restated an "outperform" rating and issued a $1,200.00 price objective (up previously from $1,175.00) on shares of Netflix in a report on Friday, April 18th. Finally, StockNews.com downgraded Netflix from a "buy" rating to a "hold" rating in a report on Tuesday, February 4th. Ten analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,072.12.
Check Out Our Latest Stock Report on Netflix
Institutional Investors Weigh In On Netflix
Several institutional investors and hedge funds have recently added to or reduced their stakes in NFLX. Vanguard Group Inc. increased its holdings in shares of Netflix by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 37,488,005 shares of the Internet television network's stock worth $33,413,809,000 after buying an additional 171,712 shares in the last quarter. FMR LLC increased its holdings in shares of Netflix by 1.8% during the fourth quarter. FMR LLC now owns 20,887,090 shares of the Internet television network's stock worth $18,617,081,000 after buying an additional 375,234 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Netflix by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 9,323,952 shares of the Internet television network's stock worth $8,287,823,000 after buying an additional 175,596 shares in the last quarter. GAMMA Investing LLC increased its holdings in Netflix by 109,524.3% in the first quarter. GAMMA Investing LLC now owns 8,835,722 shares of the Internet television network's stock valued at $8,239,576,000 after purchasing an additional 8,827,662 shares during the period. Finally, Norges Bank acquired a new stake in Netflix in the fourth quarter valued at $5,019,087,000. 80.93% of the stock is currently owned by institutional investors.
Netflix Company Profile
(
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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