Netflix, Inc. (NASDAQ:NFLX – Get Free Report) insider David A. Hyman sold 267 shares of the company’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $765.67, for a total transaction of $204,433.89. Following the completion of the transaction, the insider now owns 31,610 shares of the company’s stock, valued at approximately $24,202,828.70. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Netflix Stock Up 2.1 %
NASDAQ:NFLX traded up $16.30 on Wednesday, hitting $780.21. 3,687,755 shares of the company’s stock traded hands, compared to its average volume of 3,890,906. The firm has a 50-day moving average price of $717.59 and a 200-day moving average price of $667.98. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.62. The company has a market cap of $333.51 billion, a PE ratio of 44.15, a price-to-earnings-growth ratio of 1.46 and a beta of 1.25. Netflix, Inc. has a 1 year low of $431.00 and a 1 year high of $781.49.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the stock. Richardson Financial Services Inc. raised its stake in shares of Netflix by 3,580.0% during the 1st quarter. Richardson Financial Services Inc. now owns 184 shares of the Internet television network’s stock worth $112,000 after purchasing an additional 179 shares in the last quarter. Cohen Capital Management Inc. bought a new position in Netflix during the first quarter valued at approximately $281,000. Financial Council LLC acquired a new stake in Netflix in the first quarter valued at approximately $237,000. Advisory Alpha LLC grew its position in Netflix by 5.7% in the first quarter. Advisory Alpha LLC now owns 1,564 shares of the Internet television network’s stock worth $950,000 after acquiring an additional 85 shares in the last quarter. Finally, Manchester Capital Management LLC increased its stake in shares of Netflix by 39.4% during the 1st quarter. Manchester Capital Management LLC now owns 478 shares of the Internet television network’s stock worth $290,000 after purchasing an additional 135 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Report on Netflix
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.
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