Netflix, Inc. (NFLX) Director Richard N. Barton Sells 700 Shares

Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 700 shares of Netflix stock in a transaction that occurred on Thursday, November 2nd. The stock was sold at an average price of $197.38, for a total value of $138,166.00. Following the transaction, the director now owns 7,362 shares in the company, valued at approximately $1,453,111.56. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Netflix (NASDAQ:NFLX) last issued its earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.97 billion. Netflix had a net margin of 4.04% and a return on equity of 14.56%. The company’s quarterly revenue was up 30.3% on a year-over-year basis. During the same period last year, the business earned $0.12 EPS.

ILLEGAL ACTIVITY NOTICE: “Netflix, Inc. (NFLX) Director Richard N. Barton Sells 700 Shares” was published by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece on another publication, it was stolen and republished in violation of international copyright and trademark legislation. The correct version of this piece can be accessed at https://www.com-unik.info/2017/11/02/netflix-inc-nflx-director-richard-n-barton-sells-700-shares.html.

A number of equities analysts recently commented on the company. SunTrust Banks, Inc. set a $175.00 price objective on Netflix and gave the stock a “hold” rating in a research report on Monday, October 16th. UBS AG reiterated a “buy” rating and set a $237.00 price objective (up previously from $225.00) on shares of Netflix in a research report on Tuesday, October 17th. BMO Capital Markets reiterated a “market perform” rating and set a $205.00 price objective (up previously from $195.00) on shares of Netflix in a research report on Tuesday, October 17th. J P Morgan Chase & Co set a $242.00 price objective on Netflix and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Finally, Oppenheimer Holdings, Inc. lifted their price objective on Netflix from $215.00 to $245.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 17th. One analyst has rated the stock with a sell rating, sixteen have issued a hold rating and thirty-three have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $207.20.

Large investors have recently modified their holdings of the business. Almanack Investment Partners LLC. acquired a new stake in shares of Netflix during the 2nd quarter valued at $101,000. TD Capital Management LLC acquired a new stake in shares of Netflix during the 2nd quarter valued at $105,000. Aviance Capital Management LLC acquired a new stake in shares of Netflix during the 2nd quarter valued at $137,000. Captrust Financial Advisors acquired a new stake in shares of Netflix during the 2nd quarter valued at $139,000. Finally, Harbour Capital Advisors LLC boosted its stake in shares of Netflix by 14,840.7% during the 2nd quarter. Harbour Capital Advisors LLC now owns 20,917 shares of the Internet television network’s stock valued at $140,000 after buying an additional 20,777 shares during the period. 80.74% of the stock is owned by institutional investors.

About Netflix

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)

What are top analysts saying about Netflix Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Netflix Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit