Investors 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 stocks 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

Several analysts recently commented on NFLX shares. Credit Suisse Group AG reduced their price objective on shares of Netflix from $127.00 to $116.00 and set a “neutral” rating for the company in a research note on Monday, April 18th. Citigroup Inc. reiterated a “neutral” rating and issued a $115.00 price objective on shares of Netflix in a research note on Sunday, April 10th. Nomura reiterated a “buy” rating and issued a $130.00 price objective on shares of Netflix in a research note on Friday, April 15th. Stifel Nicolaus reiterated a “buy” rating on shares of Netflix in a research note on Tuesday, April 19th. Finally, Bank of America Corp. reiterated a “buy” rating on shares of Netflix in a research note on Tuesday, April 19th. Five equities research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-seven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $112.41.

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

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Monday, July 18th. The Internet television network reported $0.09 EPS for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.07. The firm earned $2.11 billion during the quarter, compared to analyst estimates of $2.11 billion. During the same quarter in the previous year, the business earned $0.06 earnings per share. Netflix’s revenue for the quarter was up 19.5% compared to the same quarter last year. On average, equities research analysts expect that Netflix Inc. will post $0.28 EPS for the current year.

In related news, Director Richard N. Barton sold 2,800 shares of Netflix stock in a transaction dated Thursday, June 2nd. The stock was sold at an average price of $101.45, for a total value of $284,060.00. Following the completion of the sale, the director now directly owns 16,262 shares in the company, valued at $1,649,779.90. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Richard N. Barton sold 700 shares of Netflix stock in a transaction dated Monday, May 23rd. The stock was 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 of the company’s stock, valued at $1,410,246.84. The disclosure for this sale can be found here.

Several institutional investors recently bought and sold shares of NFLX. I.G. Investment Management LTD. raised its position in Netflix by 6.2% in the fourth quarter. I.G. Investment Management LTD. now owns 41,118 shares of the Internet television network’s stock valued at $4,703,000 after buying an additional 2,394 shares during the last quarter. Atlantic Trust Group LLC raised its position 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 valued at $1,899,000 after buying an additional 2,712 shares during the last quarter. US Bancorp DE raised its position in Netflix by 15.4% in the fourth quarter. US Bancorp DE now owns 31,361 shares of the Internet television network’s stock valued at $3,588,000 after buying an additional 4,196 shares during the last quarter. Victory Capital Management Inc. raised its position 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 valued at $1,040,000 after buying an additional 5,834 shares during the last quarter. Finally, Trexquant Investment LP raised its position in Netflix by 18.9% in the fourth quarter. Trexquant Investment LP now owns 39,600 shares of the Internet television network’s stock valued at $4,529,000 after buying an additional 6,300 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.

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