Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 700 shares of the business’s stock in a transaction on Friday, March 9th. The stock was sold at an average price of $321.85, for a total transaction of $225,295.00. Following the sale, the director now owns 7,353 shares in the company, valued at $2,366,563.05. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of Netflix, Inc. (NASDAQ:NFLX) opened at $323.10 on Thursday. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 1.81. Netflix, Inc. has a fifty-two week low of $138.66 and a fifty-two week high of $333.98. The stock has a market capitalization of $137,075.63, a PE ratio of 257.24, a PEG ratio of 4.34 and a beta of 0.96.
Netflix (NASDAQ:NFLX) last issued its earnings results on Monday, January 22nd. The Internet television network reported $0.41 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.41. Netflix had a return on equity of 17.20% and a net margin of 4.78%. The business had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the previous year, the business earned $0.15 EPS. The company’s revenue for the quarter was up 32.6% on a year-over-year basis. research analysts expect that Netflix, Inc. will post 2.73 earnings per share for the current fiscal year.
Several large investors have recently modified their holdings of NFLX. SG Americas Securities LLC grew its holdings in shares of Netflix by 103.9% during the 4th quarter. SG Americas Securities LLC now owns 25,426 shares of the Internet television network’s stock worth $4,881,000 after purchasing an additional 675,267 shares during the period. Tybourne Capital Management HK Ltd. grew its holdings in shares of Netflix by 43.4% during the 4th quarter. Tybourne Capital Management HK Ltd. now owns 1,673,200 shares of the Internet television network’s stock worth $321,187,000 after purchasing an additional 506,700 shares during the period. Truepoint Inc. grew its holdings in shares of Netflix by 18,035.0% during the 3rd quarter. Truepoint Inc. now owns 402,416 shares of the Internet television network’s stock worth $402,000 after purchasing an additional 400,197 shares during the period. Wells Fargo & Company MN grew its holdings in shares of Netflix by 22.5% during the 4th quarter. Wells Fargo & Company MN now owns 1,934,754 shares of the Internet television network’s stock worth $371,396,000 after purchasing an additional 354,801 shares during the period. Finally, AGF Investments Inc. purchased a new position in Netflix in the 3rd quarter worth approximately $60,036,000. Institutional investors and hedge funds own 81.64% of the company’s stock.
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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.
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