Shares of Netflix Inc. (NASDAQ:NFLX) dropped 1.2% on Monday . The company traded as low as $95.36 and last traded at $95.46, with a volume of 4,163,912 shares traded. The stock had previously closed at $96.59.

NFLX has been the subject of a number of recent analyst reports. Mizuho decreased their price target on shares of Netflix from $120.00 to $109.00 and set a “neutral” rating for the company in a research report on Tuesday, April 19th. Pivotal Research decreased their price target on shares of Netflix from $155.00 to $145.00 and set a “buy” rating for the company in a research report on Tuesday, April 19th. Topeka Capital Markets decreased their price target on shares of Netflix from $142.00 to $139.00 and set a “buy” rating for the company in a research report on Tuesday, April 19th. Citigroup Inc. reissued a “neutral” rating and set a $106.00 price target (down previously from $116.00) on shares of Netflix in a research report on Tuesday, April 19th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating and set a $126.00 price target (down previously from $139.00) on shares of Netflix in a research report on Tuesday, April 19th. Five research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-seven have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $112.41.

The stock has a market capitalization of $41.23 billion and a price-to-earnings ratio of 300.56. The stock has a 50-day moving average price of $93.46 and a 200-day moving average price of $95.17.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Monday, July 18th. The Internet television network reported $0.09 EPS for the quarter, beating the consensus estimate of $0.02 by $0.07. The firm earned $2.11 billion during the quarter, compared to analysts’ expectations of $2.11 billion. Netflix’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.06 EPS. Analysts anticipate that Netflix Inc. will post $0.28 EPS for the current year.

In other Netflix news, Director Richard N. Barton sold 1,400 shares of the stock in a transaction on Tuesday, May 24th. The stock was sold at an average price of $94.46, for a total transaction of $132,244.00. Following the sale, the director now owns 15,177 shares in the company, valued at $1,433,619.42. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Jay C. Hoag bought 600,000 shares of the company’s stock in a transaction on Monday, July 25th. The shares were bought at an average price of $86.43 per share, for a total transaction of $51,858,000.00. The disclosure for this purchase can be found here.

Several large investors recently bought and sold shares of 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 valued at $1,040,000 after buying an additional 5,834 shares in 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 valued at $1,174,000 after buying an additional 7,737 shares in the last quarter. Calvert Investment Management Inc. increased its stake in Netflix by 32.7% in the fourth quarter. Calvert Investment Management Inc. now owns 21,425 shares of the Internet television network’s stock valued at $2,451,000 after buying an additional 5,276 shares in 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 valued at $3,146,000 after buying an additional 25,402 shares in 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 valued at $3,588,000 after buying an additional 4,196 shares in 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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