Jeffrey William Karbowski Sells 160 Shares of Netflix, Inc. (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLX - Get Free Report) CAO Jeffrey William Karbowski sold 160 shares of the stock in a transaction dated Monday, April 21st. The stock was sold at an average price of $1,000.00, for a total transaction of $160,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Jeffrey William Karbowski also recently made the following trade(s):

• On Tuesday, March 25th, Jeffrey William Karbowski sold 480 shares of Netflix stock. The stock was sold at an average price of $978.18, for a total transaction of $469,526.40.
• On Wednesday, February 26th, Jeffrey William Karbowski sold 160 shares of Netflix stock. The stock was sold at an average price of $1,000.00, for a total value of $160,000.00.
• On Tuesday, February 4th, Jeffrey William Karbowski sold 160 shares of Netflix stock. The shares were sold at an average price of $1,000.00, for a total value of $160,000.00.
• On Thursday, January 30th, Jeffrey William Karbowski sold 480 shares of Netflix stock. The shares were sold at an average price of $986.75, for a total value of $473,640.00.

Netflix Stock Performance

NFLX stock traded up $2.95 during midday trading on Friday, reaching $1,099.82. 2,739,271 shares of the company's stock traded hands, compared to its average volume of 3,706,862. The firm has a market capitalization of $470.46 billion, a PE ratio of 55.47, a price-to-earnings-growth ratio of 2.12 and a beta of 1.55. The company has a 50-day moving average price of $954.61 and a two-hundred day moving average price of $901.03. Netflix, Inc. has a 52 week low of $544.25 and a 52 week high of $1,105.89. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.22 and a current ratio of 1.22.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings data on Thursday, April 17th. The Internet television network reported $6.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.74 by $0.87. The company had revenue of $10.54 billion for the quarter, compared to analyst estimates of $10.51 billion. Netflix had a return on equity of 38.32% and a net margin of 22.34%. During the same period in the previous year, the company posted $8.28 EPS. As a group, equities analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Moffett Nathanson reaffirmed a "buy" rating and set a $1,150.00 price target (up previously from $1,100.00) on shares of Netflix in a research note on Friday, April 18th. The Goldman Sachs Group upped their price target on Netflix from $850.00 to $960.00 and gave the company a "neutral" rating in a research report on Wednesday, January 22nd. Needham & Company LLC restated a "buy" rating and set a $1,126.00 price objective on shares of Netflix in a research report on Thursday, April 17th. KeyCorp upped their target price on Netflix from $1,000.00 to $1,070.00 and gave the company an "overweight" rating in a report on Monday. Finally, BMO Capital Markets restated an "outperform" rating and set a $1,200.00 price target (up previously from $1,175.00) on shares of Netflix in a report on Friday, April 18th. Ten research analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $1,072.12.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in NFLX. Halbert Hargrove Global Advisors LLC boosted its position in shares of Netflix by 100.0% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network's stock valued at $25,000 after acquiring an additional 13 shares during the last quarter. Pathway Financial Advisers LLC raised its stake in Netflix by 82.4% in the fourth quarter. Pathway Financial Advisers LLC now owns 31 shares of the Internet television network's stock valued at $27,000 after purchasing an additional 14 shares in the last quarter. Brown Shipley& Co Ltd bought a new stake in Netflix during the fourth quarter valued at approximately $27,000. Transce3nd LLC purchased a new position in Netflix in the 4th quarter worth approximately $32,000. Finally, Newton One Investments LLC bought a new position in shares of Netflix in the 4th quarter worth $34,000. Institutional investors own 80.93% of the company's stock.

About Netflix

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.