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

Netflix, Inc. (NASDAQ:NFLX) CAO Jeffrey William Karbowski sold 160 shares of the firm’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $1,000.00, for a total value of $160,000.00. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• 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 Trading Up 1.6 %

Shares of Netflix stock opened at $1,011.11 on Thursday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.56. The firm’s 50-day moving average price is $909.38 and its 200 day moving average price is $784.44. Netflix, Inc. has a twelve month low of $542.01 and a twelve month high of $1,011.83. The firm has a market capitalization of $432.51 billion, a PE ratio of 50.99, a P/E/G ratio of 2.02 and a beta of 1.27.

Netflix (NASDAQ:NFLX) last released its earnings results on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share for the quarter, topping analysts’ consensus estimates of $4.20 by $0.07. The business had revenue of $10.25 billion for the quarter, compared to analyst estimates of $10.14 billion. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The business’s revenue was up 16.0% on a year-over-year basis. During the same period last year, the company posted $2.11 EPS. On average, sell-side analysts predict that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

NFLX has been the topic of several analyst reports. Arete Research upgraded Netflix to a “hold” rating in a research report on Thursday, January 23rd. Benchmark upgraded Netflix from a “sell” rating to a “hold” rating in a research report on Wednesday, January 22nd. Phillip Securities downgraded Netflix from a “hold” rating to a “moderate sell” rating in a research report on Friday, January 24th. StockNews.com downgraded Netflix from a “buy” rating to a “hold” rating in a research report on Tuesday. Finally, Evercore ISI boosted their target price on Netflix from $950.00 to $1,100.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 22nd. Ten equities research analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and an average price target of $1,021.70.

Institutional Trading of Netflix

Institutional investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC grew its position in shares of Netflix by 116,620.0% during the third quarter. International Assets Investment Management LLC now owns 5,753,129 shares of the Internet television network’s stock worth $4,080,522,000 after buying an additional 5,748,200 shares in the last quarter. Proficio Capital Partners LLC lifted its stake in Netflix by 123,836.7% in the fourth quarter. Proficio Capital Partners LLC now owns 1,925,977 shares of the Internet television network’s stock worth $1,716,662,000 after acquiring an additional 1,924,423 shares during the last quarter. Assenagon Asset Management S.A. increased its position in shares of Netflix by 154.7% in the 3rd quarter. Assenagon Asset Management S.A. now owns 1,058,431 shares of the Internet television network’s stock valued at $750,713,000 after purchasing an additional 642,920 shares during the last quarter. State Street Corp grew its stake in shares of Netflix by 2.6% during the third quarter. State Street Corp now owns 16,951,347 shares of the Internet television network’s stock worth $12,023,082,000 after purchasing an additional 426,740 shares in the last quarter. Finally, Strategic Financial Concepts LLC raised its stake in Netflix by 112,896.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 381,928 shares of the Internet television network’s stock valued at $340,420,000 after buying an additional 381,590 shares in the last quarter. Institutional investors and hedge funds 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.