Investors sold shares of Netflix Inc. (NASDAQ:NFLX) on strength during trading on Wednesday. $179.95 million flowed into the stock on the tick-up and $203.04 million flowed out of the stock on the tick-down, for a money net flow of $23.09 million out of the stock. Of all stocks tracked, Netflix had the 0th highest net out-flow for the day. Netflix traded up $1.25 for the day and closed at $96.37

A number of analysts have recently commented on the stock. MKM Partners set a $145.00 price objective on shares of Netflix and gave the stock a “buy” rating in a research report on Thursday, May 26th. Royal Bank Of Canada reissued a “buy” rating on shares of Netflix in a research report on Tuesday, May 24th. Vetr lowered shares of Netflix from a “strong-buy” rating to a “buy” rating and set a $106.10 price objective on the stock. in a research report on Monday, May 23rd. Cantor Fitzgerald reissued a “buy” rating on shares of Netflix in a research report on Sunday, May 22nd. Finally, Morgan Stanley reissued a “buy” rating and issued a $125.00 price objective on shares of Netflix in a research report on Monday, June 6th. Five 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 currently has a consensus rating of “Hold” and a consensus price target of $112.41.

The firm’s 50-day moving average price is $93.70 and its 200-day moving average price is $95.18. The company has a market capitalization of $41.32 billion and a price-to-earnings ratio of 301.16.

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

In related news, Director Jay C. Hoag bought 300,000 shares of the business’s stock in a transaction dated Tuesday, August 9th. The shares were purchased at an average cost of $94.31 per share, with a total value of $28,293,000.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jay C. Hoag bought 100,000 shares of the business’s stock in a transaction dated Monday, August 8th. The stock was bought at an average cost of $94.26 per share, for a total transaction of $9,426,000.00. The disclosure for this purchase can be found here.

Other large investors recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. boosted its stake in Netflix by 2.7% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 1,104,516 shares of the Internet television network’s stock worth $126,335,000 after buying an additional 28,933 shares in the last quarter. Calvert Investment Management Inc. increased its position in shares of Netflix by 32.7% in the fourth quarter. Calvert Investment Management Inc. now owns 21,425 shares of the Internet television network’s stock worth $2,451,000 after buying an additional 5,276 shares during the last quarter. Airain ltd increased its position in shares of Netflix by 379.2% in the fourth quarter. Airain ltd now owns 61,253 shares of the Internet television network’s stock worth $7,006,000 after buying an additional 48,470 shares during the last quarter. KBC Group NV increased its position in shares of Netflix by 110.0% in the fourth quarter. KBC Group NV now owns 43,905 shares of the Internet television network’s stock worth $5,022,000 after buying an additional 22,998 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Netflix by 5.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 480,288 shares of the Internet television network’s stock worth $54,945,000 after buying an additional 24,554 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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