Investors sold shares of NetSuite Inc. (NYSE:N) on strength during trading hours on Thursday. $250.89 million flowed into the stock on the tick-up and $393.58 million flowed out of the stock on the tick-down, for a money net flow of $142.69 million out of the stock. Of all stocks tracked, NetSuite had the 0th highest net out-flow for the day. NetSuite traded up $16.84 for the day and closed at $108.41

A number of research firms have weighed in on N. Zacks Investment Research downgraded shares of NetSuite from a “buy” rating to a “hold” rating in a research note on Thursday, March 31st. MKM Partners increased their price target on shares of NetSuite from $82.00 to $92.00 and gave the stock a “buy” rating in a research note on Friday, April 29th. Vetr downgraded shares of NetSuite from a “buy” rating to a “hold” rating and set a $79.74 price target on the stock. in a research note on Wednesday, April 27th. Goldman Sachs Group Inc. began coverage on shares of NetSuite in a research note on Monday, May 23rd. They set a “sell” rating and a $68.00 price target on the stock. Finally, Cowen and Company reaffirmed an “underperform” rating and set a $70.00 price target on shares of NetSuite in a research note on Wednesday, July 13th. Four investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating and eight have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $85.68.

The company’s market cap is $8.72 billion. The company has a 50 day moving average price of $78.93 and a 200-day moving average price of $72.20.

NetSuite (NYSE:N) last released its earnings results on Thursday, July 28th. The company reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.05. The company had revenue of $230.80 million for the quarter, compared to analyst estimates of $230.58 million. NetSuite’s revenue for the quarter was up 30.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.02 earnings per share. Analysts anticipate that NetSuite Inc. will post $0.45 earnings per share for the current fiscal year.

In related news, CFO Ronald S. Gill sold 339 shares of the company’s stock in a transaction on Tuesday, May 10th. The shares were sold at an average price of $75.91, for a total transaction of $25,733.49. Following the completion of the transaction, the chief financial officer now directly owns 93,407 shares in the company, valued at approximately $7,090,525.37. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Douglas P. Solomon sold 1,000 shares of the company’s stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $85.00, for a total transaction of $85,000.00. Following the transaction, the senior vice president now owns 49,434 shares of the company’s stock, valued at $4,201,890. The disclosure for this sale can be found here.

A number of large investors have made changes to their positions in N. Dimensional Fund Advisors LP raised its stake in shares of NetSuite by 18.3% in the fourth quarter. Dimensional Fund Advisors LP now owns 58,827 shares of the company’s stock valued at $4,978,000 after buying an additional 9,120 shares during the period. Pitcairn Co. raised its stake in shares of NetSuite by 48.1% in the fourth quarter. Pitcairn Co. now owns 14,846 shares of the company’s stock valued at $1,256,000 after buying an additional 4,819 shares during the period. Schroder Investment Management Group raised its stake in shares of NetSuite by 14.4% in the fourth quarter. Schroder Investment Management Group now owns 59,178 shares of the company’s stock valued at $5,008,000 after buying an additional 7,471 shares during the period. New York State Common Retirement Fund raised its stake in shares of NetSuite by 4.3% in the fourth quarter. New York State Common Retirement Fund now owns 217,800 shares of the company’s stock valued at $18,430,000 after buying an additional 8,900 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of NetSuite by 1.3% in the fourth quarter. Rhumbline Advisers now owns 38,200 shares of the company’s stock valued at $3,232,000 after buying an additional 497 shares during the period.

NetSuite Inc (NetSuite) is a provider of cloud-based financials, enterprise resource planning and omnichannel commerce software suites. The Company offers a suite of applications, including financial management, customer relationship management, e-commerce and retail management, commerce marketing automation, professional services automation and human capital management that enable companies to manage business operations in an integrated suite.

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