Noticeable Runner: Netflix, Inc. (NASDAQ:NFLX)
- Author: Salvatore Jensen Mar 15, 2017,
Mar 15, 2017, 22:07
The company plans to invest $6 billion in original content this year.
Shares of Netflix, Inc.
Other research analysts have also recently issued research reports about the company.
Netflix, Inc. (NASDAQ:NFLX) share price increased in the last trading session with a previous 52-week high of $145.95. Vetr lowered Netflix from a "hold" rating to a "sell" rating and set a $137.92 target price on the stock.in a research report on Monday. Finally, Morgan Stanley reaffirmed an overweight rating and issued a $165.00 target price on shares of Netflix in a research report on Thursday, January 19th.
01/26/2017 - Netflix, Inc. had its "outperform" rating reiterated by analysts at William Blair. And a quick view of analyst notes show that 16 are rating the stock a buy while 8 rate NFLX a strong buy. The stock gained a consensus recommendation of 2.1 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. They now have a Dollars 175 price target on the stock.
Netflix (NASDAQ:NFLX) traded up 0.81% on Tuesday, reaching $144.35. The stock has a market cap of $61.63 billion, a PE ratio of 333.00 and a beta of 1.27. The stock has a 50 day moving average price of $141.65 and a 200-day moving average price of $121.89.
Netflix, Inc. has a 52 week low of $84.50 and a 52 week high of $145.95 with a P/E ratio of 333.00 The company's market cap is now $0.
Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Wednesday, January 18th. Looking ahead to earnings forecasts, for the running fiscal period, Wall Street analysts have anticipated that the company will report 0.37 earnings per share. That is compared with the $0.06 in EPS it reported during the same period a year ago. Equities analysts expect that Netflix, Inc. will post $1.13 earnings per share for the current year. If you are accessing this article on another publication, it was stolen and reposted in violation of United States & global trademark & copyright legislation. The original version of this piece can be viewed at [[permalink]].
On 2/22/2017 Richard N Barton, Director, sold 2,000 with an average share price of $142.96 per share and the total transaction amounting to $285,920.00. They now have a $95.00 target price on the Internet television network's stock.
Now the company Insiders own 4.9% of Netflix, Inc. shares according to the proxy statements. The sale was disclosed in a document filed with the SEC, which is available through this link.
In other Netflix news, insider Neil D. Hunt sold 10,000 shares of Netflix stock in a transaction on Wednesday, March 1st. Following the transaction, the chief executive officer now directly owns 87,297 shares of the company's stock, valued at approximately $11,062,275.84. The disclosure for this sale can be found here. At present, 4 analysts call it Sell, while 13 think it is Hold. Corporate insiders own 4.90% of the company's stock.
Several institutional investors have recently bought and sold shares of NFLX. Quadrant Capital Group LLC raised its position in Netflix by 3.6% in the third quarter. HBK Sorce Advisory LLC now owns 9,717 shares of the Internet television network's stock worth $889,000 after buying an additional 1,927 shares during the period. Gradient Investments LLC raised its stake in Netflix by 5.3% in the third quarter. Harel Insurance Investments & Financial Services Ltd. increased its position in shares of Netflix by 54.0% in the fourth quarter. Intellectus Partners LLC acquired a new position in Netflix during the fourth quarter valued at $117,000.