Netflix, Inc. (NASDAQ:NFLX) insider Gregory K. Peters sold 9,618 shares of the stock in a transaction that occurred on Tuesday, March 6th. The shares were sold at an average price of $325.00, for a total transaction of $3,125,850.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Netflix, Inc. (NASDAQ NFLX) traded down $2.64 during trading on Friday, hitting $318.45. 7,313,739 shares of the stock were exchanged, compared to its average volume of 11,204,710. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.40 and a quick ratio of 1.40. Netflix, Inc. has a twelve month low of $138.66 and a twelve month high of $333.98. The firm has a market capitalization of $139,336.50, a PE ratio of 254.76, a price-to-earnings-growth ratio of 4.41 and a beta of 0.96.
Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Monday, January 22nd. The Internet television network reported $0.41 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.41. Netflix had a net margin of 4.78% and a return on equity of 17.20%. The business had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the previous year, the company earned $0.15 earnings per share. Netflix’s revenue for the quarter was up 32.6% on a year-over-year basis. equities research analysts anticipate that Netflix, Inc. will post 2.73 EPS for the current year.
Institutional investors have recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. raised its stake in Netflix by 4.1% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 46,013 shares of the Internet television network’s stock valued at $8,833,000 after purchasing an additional 1,801 shares during the last quarter. Certified Advisory Corp acquired a new position in Netflix during the 4th quarter valued at $378,000. Wagner Wealth Management LLC bought a new stake in Netflix in the 4th quarter valued at $125,000. D.B. Root & Company LLC bought a new stake in Netflix in the 4th quarter valued at $994,000. Finally, Xact Kapitalforvaltning AB increased its holdings in Netflix by 9.4% in the 4th quarter. Xact Kapitalforvaltning AB now owns 76,669 shares of the Internet television network’s stock valued at $14,717,000 after buying an additional 6,602 shares during the period. Institutional investors and hedge funds own 81.64% of the company’s stock.
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Netflix Company Profile
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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