Netflix (NASDAQ:NFLX) Director Leslie Kilgore unloaded 3,010 shares of the company’s stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $320.00, for a total transaction of $963,200.00. Following the sale, the director now directly owns 14,028 shares in the company, valued at approximately $4,488,960. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Several analysts have recently commented on the stock. Analysts at Albert Fried & Company raised their price target on shares of Netflix (NASDAQ:NFLX) from $80.00 to $122.00 in a research note to investors on Sunday. They now have an “underweight” rating on the stock. Separately, analysts at CRT Capital initiated coverage on shares of Netflix (NASDAQ:NFLX) in a research note to investors on Thursday, September 19th. They set a “fair value” rating on the stock. Finally, analysts at TheStreet reiterated a “hold” rating on shares of Netflix (NASDAQ:NFLX) in a research note to investors on Tuesday, September 17th.
Six equities research analysts have rated the stock with a sell rating, twenty have issued a hold rating and eight have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $228.48.
Netflix (NASDAQ:NFLX) traded up 0.21% during mid-day trading on Wednesday, hitting $307.14. 2,091,929 shares of the company’s stock traded hands. Netflix has a one year low of $53.05 and a one year high of $320.39. The stock has a 50-day moving average of $282.5 and a 200-day moving average of $231.6. The company has a market cap of $18.097 billion and a P/E ratio of 381.68.
Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Monday, July 22nd. The company reported $0.49 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.40 by $0.09. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the company posted $0.11 earnings per share. Netflix’s revenue was up 20.2% compared to the same quarter last year. Analysts expect that Netflix will post $1.49 EPS for the current fiscal year.
Netflix, Inc (NASDAQ:NFLX), incorporated on August 29, 1997, is an Internet subscription service streaming television shows and movies.
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