Leslie J. Kilgore Sells 428 Shares of Netflix, Inc. (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLX) Director Leslie J. Kilgore sold 428 shares of the company’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $715.00, for a total transaction of $306,020.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Leslie J. Kilgore also recently made the following trade(s):

• On Tuesday, August 20th, Leslie J. Kilgore sold 1,372 shares of Netflix stock. The stock was sold at an average price of $704.81, for a total transaction of $966,999.32.

Netflix Price Performance

NFLX stock opened at $701.03 on Monday. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market capitalization of $302.14 billion, a price-to-earnings ratio of 48.65, a PEG ratio of 1.40 and a beta of 1.26. The firm has a 50 day moving average price of $663.00 and a 200-day moving average price of $641.15. Netflix, Inc. has a 52-week low of $344.73 and a 52-week high of $715.66.

Netflix (NASDAQ:NFLX) last released its earnings results on Thursday, July 18th. The Internet television network reported $4.88 EPS for the quarter, topping the consensus estimate of $4.74 by $0.14. Netflix had a return on equity of 32.93% and a net margin of 19.54%. The business had revenue of $9.56 billion for the quarter, compared to the consensus estimate of $9.53 billion. During the same period in the previous year, the company posted $3.29 earnings per share. The company’s revenue for the quarter was up 16.8% compared to the same quarter last year. Equities research analysts forecast that Netflix, Inc. will post 19.08 EPS for the current fiscal year.

Hedge Funds Weigh In On Netflix

A number of hedge funds have recently bought and sold shares of NFLX. Precision Wealth Strategies LLC increased its position in shares of Netflix by 3.5% during the fourth quarter. Precision Wealth Strategies LLC now owns 2,444 shares of the Internet television network’s stock valued at $1,190,000 after acquiring an additional 83 shares in the last quarter. Gilbert & Cook Inc. boosted its stake in Netflix by 5.9% during the 4th quarter. Gilbert & Cook Inc. now owns 2,177 shares of the Internet television network’s stock valued at $1,060,000 after purchasing an additional 121 shares during the last quarter. Aveo Capital Partners LLC increased its holdings in shares of Netflix by 6.9% in the 4th quarter. Aveo Capital Partners LLC now owns 667 shares of the Internet television network’s stock worth $325,000 after purchasing an additional 43 shares in the last quarter. Gryphon Financial Partners LLC raised its stake in shares of Netflix by 20.4% in the fourth quarter. Gryphon Financial Partners LLC now owns 3,971 shares of the Internet television network’s stock worth $1,933,000 after purchasing an additional 674 shares during the last quarter. Finally, Quest Partners LLC bought a new position in shares of Netflix during the fourth quarter valued at $370,000. Institutional investors own 80.93% of the company’s stock.

Analyst Ratings Changes

NFLX has been the topic of several analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $700.00 price objective on shares of Netflix in a report on Friday, July 19th. TD Cowen boosted their price objective on Netflix from $725.00 to $775.00 and gave the company a “buy” rating in a research report on Tuesday, July 9th. Morgan Stanley increased their price objective on Netflix from $700.00 to $780.00 and gave the company an “overweight” rating in a research note on Monday, July 15th. KeyCorp lifted their target price on shares of Netflix from $707.00 to $735.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 10th. Finally, Bank of America increased their price target on shares of Netflix from $700.00 to $740.00 and gave the company a “buy” rating in a research report on Monday, July 15th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twenty-four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $685.29.

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.