Netflix, Inc. (NASDAQ:NFLX) Director Richard N. Barton sold 350 shares of Netflix stock in a transaction dated Thursday, December 7th. The shares were sold at an average price of $185.71, for a total transaction of $64,998.50. Following the transaction, the director now owns 7,171 shares of the company’s stock, valued at $1,331,726.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Netflix, Inc. (NASDAQ:NFLX) traded down $0.10 during midday trading on Thursday, reaching $185.20. 4,657,359 shares of the company’s stock traded hands, compared to its average volume of 6,655,096. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47. Netflix, Inc. has a 1-year low of $121.73 and a 1-year high of $204.38. The company has a market cap of $79,713.40, a price-to-earnings ratio of 186.07, a PEG ratio of 5.47 and a beta of 1.33.
Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.03). The business had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.97 billion. Netflix had a return on equity of 14.56% and a net margin of 4.04%. The firm’s revenue was up 30.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.12 earnings per share. research analysts expect that Netflix, Inc. will post 1.26 EPS for the current year.
A number of large investors have recently added to or reduced their stakes in NFLX. Steward Partners Investment Advisory LLC purchased a new stake in shares of Netflix during the 3rd quarter valued at about $171,000. Public Employees Retirement System of Ohio boosted its holdings in shares of Netflix by 0.3% in the third quarter. Public Employees Retirement System of Ohio now owns 285,901 shares of the Internet television network’s stock worth $51,848,000 after buying an additional 877 shares during the last quarter. Truepoint Inc. boosted its holdings in shares of Netflix by 18,035.0% in the third quarter. Truepoint Inc. now owns 402,416 shares of the Internet television network’s stock worth $402,000 after buying an additional 400,197 shares during the last quarter. Salem Investment Counselors Inc. boosted its holdings in shares of Netflix by 161.0% in the third quarter. Salem Investment Counselors Inc. now owns 15,967 shares of the Internet television network’s stock worth $2,837,000 after buying an additional 9,850 shares during the last quarter. Finally, Moors & Cabot Inc. purchased a new position in shares of Netflix in the third quarter worth approximately $215,000. Institutional investors and hedge funds own 83.38% of the company’s stock.
WARNING: “Netflix, Inc. (NFLX) Director Richard N. Barton Sells 350 Shares” was first reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The legal version of this piece of content can be viewed at https://sportsperspectives.com/2017/12/07/netflix-inc-nflx-director-richard-n-barton-sells-350-shares.html.
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.
Receive News & Ratings for Netflix Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix Inc. and related companies with MarketBeat.com's FREE daily email newsletter.