Leslie J. Kilgore Sells 358 Shares of Netflix, Inc. (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLX - Get Free Report) Director Leslie J. Kilgore sold 358 shares of the business's stock in a transaction on Friday, October 18th. The stock was sold at an average price of $765.00, for a total value of $273,870.00. Following the transaction, the director now owns 35,262 shares of the company's stock, valued at $26,975,430. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Leslie J. Kilgore also recently made the following trade(s):

• On Thursday, September 19th, Leslie J. Kilgore sold 428 shares of Netflix stock. The stock was sold at an average price of $715.00, for a total value of $306,020.00.
• On Tuesday, August 20th, Leslie J. Kilgore sold 1,372 shares of Netflix stock. The stock was sold at an average price of $704.81, for a total value of $966,999.32.

Netflix Stock Up 1.1 %

NASDAQ NFLX traded up $8.18 on Monday, reaching $772.07. The stock had a trading volume of 6,029,580 shares, compared to its average volume of 3,734,855. The business has a 50 day moving average price of $696.38 and a 200 day moving average price of $655.12. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 0.55. Netflix, Inc. has a 1 year low of $395.62 and a 1 year high of $773.00. The company has a market capitalization of $332.76 billion, a price-to-earnings ratio of 52.74, a P/E/G ratio of 1.49 and a beta of 1.26.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its earnings results on Thursday, July 18th. The Internet television network reported $4.88 EPS for the quarter, beating analysts' consensus estimates of $4.74 by $0.14. Netflix had a return on equity of 32.93% and a net margin of 19.54%. The firm had revenue of $9.56 billion for the quarter, compared to the consensus estimate of $9.53 billion. During the same quarter in the previous year, the company posted $3.29 earnings per share. The business's quarterly revenue was up 16.8% compared to the same quarter last year. On average, analysts forecast that Netflix, Inc. will post 19.08 EPS for the current fiscal year.

Analyst Ratings Changes

NFLX has been the subject of a number of analyst reports. Sanford C. Bernstein boosted their price target on Netflix from $625.00 to $780.00 and gave the stock a "market perform" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft boosted their price objective on Netflix from $590.00 to $650.00 and gave the stock a "hold" rating in a research note on Wednesday, October 9th. Morgan Stanley boosted their price objective on Netflix from $820.00 to $830.00 and gave the stock an "overweight" rating in a research note on Friday. Evercore ISI boosted their price objective on Netflix from $750.00 to $775.00 and gave the stock an "outperform" rating in a research note on Friday. Finally, Wedbush boosted their price objective on Netflix from $725.00 to $775.00 and gave the stock an "overweight" rating in a research note on Thursday. Two analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-five have given a buy rating to the stock. According to MarketBeat, Netflix presently has an average rating of "Moderate Buy" and an average target price of $747.70.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Denver PWM LLC purchased a new position in Netflix in the second quarter valued at about $25,000. Valued Wealth Advisors LLC increased its holdings in shares of Netflix by 80.0% during the 1st quarter. Valued Wealth Advisors LLC now owns 45 shares of the Internet television network's stock valued at $27,000 after acquiring an additional 20 shares during the last quarter. Proffitt & Goodson Inc. increased its holdings in shares of Netflix by 380.0% during the 2nd quarter. Proffitt & Goodson Inc. now owns 48 shares of the Internet television network's stock valued at $32,000 after acquiring an additional 38 shares during the last quarter. AlphaMark Advisors LLC increased its holdings in shares of Netflix by 642.9% during the 2nd quarter. AlphaMark Advisors LLC now owns 52 shares of the Internet television network's stock valued at $35,000 after acquiring an additional 45 shares during the last quarter. Finally, Indiana Trust & Investment Management CO increased its holdings in shares of Netflix by 112.0% during the 1st quarter. Indiana Trust & Investment Management CO now owns 53 shares of the Internet television network's stock valued at $32,000 after acquiring an additional 28 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company's stock.

Netflix Company Profile

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.

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