Netflix, Inc. (NASDAQ:NFLX) CFO David B. Wells sold 1,000 shares of the business’s stock in a transaction on Monday, November 20th. The stock was sold at an average price of $193.30, for a total transaction of $193,300.00. Following the completion of the sale, the chief financial officer now directly owns 1,000 shares in the company, valued at approximately $193,300. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Netflix, Inc. (NASDAQ:NFLX) traded down $1.52 during trading on Wednesday, reaching $194.71. 2,669,162 shares of the company’s stock were exchanged, compared to its average volume of 6,668,008. The company has a market cap of $83,980.00, a price-to-earnings ratio of 196.06, a PEG ratio of 5.77 and a beta of 1.39. Netflix, Inc. has a 1-year low of $113.95 and a 1-year high of $204.38. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.20 and a current ratio of 1.20.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.97 billion. Netflix had a return on equity of 14.56% and a net margin of 4.04%. Netflix’s revenue was up 30.3% on a year-over-year basis. During the same period last year, the business earned $0.12 EPS. sell-side analysts expect that Netflix, Inc. will post 1.26 earnings per share for the current year.

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NFLX has been the topic of several analyst reports. BTIG Research boosted their price objective on shares of Netflix from $170.00 to $225.00 and gave the stock a “buy” rating in a research note on Wednesday, July 26th. MKM Partners upped their price target on shares of Netflix from $195.00 to $230.00 and gave the company a “buy” rating in a research report on Thursday, July 27th. Vetr raised shares of Netflix from a “strong sell” rating to a “sell” rating and set a $163.64 price target on the stock in a research report on Thursday, July 27th. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $215.00 price target (up previously from $198.00) on shares of Netflix in a research report on Tuesday, August 8th. Finally, Jefferies Group LLC reaffirmed a “hold” rating and set a $165.00 price target (down previously from $171.80) on shares of Netflix in a research report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating and thirty-two have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $207.20.

Institutional investors and hedge funds have recently made changes to their positions in the company. Tower Research Capital LLC TRC bought a new stake in shares of Netflix during the 2nd quarter valued at about $1,045,000. Lincoln National Corp boosted its stake in shares of Netflix by 7.0% during the 3rd quarter. Lincoln National Corp now owns 4,094 shares of the Internet television network’s stock valued at $742,000 after purchasing an additional 268 shares in the last quarter. Calamos Advisors LLC boosted its stake in shares of Netflix by 198.5% during the 2nd quarter. Calamos Advisors LLC now owns 208,945 shares of the Internet television network’s stock valued at $31,218,000 after purchasing an additional 138,945 shares in the last quarter. Alps Advisors Inc. bought a new stake in shares of Netflix during the 2nd quarter valued at about $262,000. Finally, BB&T Corp boosted its stake in shares of Netflix by 20.0% during the 3rd quarter. BB&T Corp now owns 3,857 shares of the Internet television network’s stock valued at $700,000 after purchasing an additional 642 shares in the last quarter. 80.32% of the stock is currently owned by hedge funds and other institutional investors.

About Netflix

Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.

Insider Buying and Selling by Quarter for Netflix (NASDAQ:NFLX)

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