Traders sold shares of Netflix Inc. (NASDAQ:NFLX) on strength during trading on Friday. $429.91 million flowed into the stock on the tick-up and $454.00 million flowed out of the stock on the tick-down, for a money net flow of $24.09 million out of the stock. Of all companies tracked, Netflix had the 0th highest net out-flow for the day. Netflix traded up $3.59 for the day and closed at $97.03

NFLX has been the subject of several analyst reports. Citigroup Inc. restated a “neutral” rating and set a $115.00 target price on shares of Netflix in a report on Sunday, April 10th. SunTrust Banks Inc. restated a “hold” rating and set a $115.00 target price on shares of Netflix in a report on Saturday, April 9th. Morgan Stanley restated a “buy” rating on shares of Netflix in a report on Saturday, April 9th. Vetr raised Netflix from a “sell” rating to a “hold” rating and set a $101.05 price target for the company in a research report on Monday, April 11th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $125.00 price target on shares of Netflix in a research report on Monday, April 11th. Five equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-seven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $112.41.

The firm’s 50 day moving average is $92.57 and its 200-day moving average is $95.43. The company has a market capitalization of $41.60 billion and a PE ratio of 303.22.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Monday, July 18th. The Internet television network reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.07. The company had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.11 billion. During the same quarter last year, the company earned $0.06 EPS. The firm’s revenue for the quarter was up 19.5% on a year-over-year basis. On average, analysts expect that Netflix Inc. will post $0.28 EPS for the current fiscal year.

In other Netflix news, Director Richard N. Barton sold 700 shares of the stock in a transaction dated Monday, May 23rd. The shares were sold at an average price of $92.92, for a total value of $65,044.00. Following the completion of the sale, the director now owns 15,177 shares in the company, valued at approximately $1,410,246.84. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard N. Barton sold 1,400 shares of the stock in a transaction dated Wednesday, August 3rd. The shares were sold at an average price of $93.58, for a total transaction of $131,012.00. Following the completion of the sale, the director now owns 15,562 shares of the company’s stock, valued at approximately $1,456,291.96. The disclosure for this sale can be found here.

A number of hedge funds have added to or reduced their stakes in NFLX. Victory Capital Management Inc. increased its stake in Netflix by 179.1% in the fourth quarter. Victory Capital Management Inc. now owns 9,091 shares of the Internet television network’s stock worth $1,040,000 after buying an additional 5,834 shares during the last quarter. Suntrust Banks Inc. increased its stake in Netflix by 305.3% in the fourth quarter. Suntrust Banks Inc. now owns 10,271 shares of the Internet television network’s stock worth $1,174,000 after buying an additional 7,737 shares during the last quarter. Atlantic Trust Group LLC increased its stake in Netflix by 19.5% in the fourth quarter. Atlantic Trust Group LLC now owns 16,592 shares of the Internet television network’s stock worth $1,899,000 after buying an additional 2,712 shares during the last quarter. Advisors Asset Management Inc. increased its stake in Netflix by 1,209.6% in the fourth quarter. Advisors Asset Management Inc. now owns 27,502 shares of the Internet television network’s stock worth $3,146,000 after buying an additional 25,402 shares during the last quarter. Finally, US Bancorp DE increased its stake in Netflix by 15.4% in the fourth quarter. US Bancorp DE now owns 31,361 shares of the Internet television network’s stock worth $3,588,000 after buying an additional 4,196 shares during the last quarter.

Netflix, Inc (Netflix) is a provider of Internet television network. The Company’s members can watch original series, documentaries and feature films in Internet-connected screen. The Company has three operating segments: Domestic streaming, International streaming and Domestic DVD. The Domestic and International streaming segments derive revenues from monthly membership fees for services consisting of streaming content.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.