Leslie J. Kilgore Sells 358 Shares of Netflix, Inc. (NASDAQ:NFLX) Stock

Netflix, Inc. (NASDAQ:NFLX) Director Leslie J. Kilgore sold 358 shares of the firm’s stock in a transaction on Friday, October 18th. The shares were sold at an average price of $765.00, for a total transaction of $273,870.00. Following the completion of the transaction, the director now owns 35,262 shares in the company, valued at $26,975,430. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• On Thursday, September 19th, Leslie J. Kilgore sold 428 shares of Netflix stock. The stock was sold at an average price of $715.00, for a total transaction of $306,020.00.
• On Tuesday, August 20th, Leslie J. Kilgore sold 1,372 shares of Netflix stock. The shares were sold at an average price of $704.81, for a total value of $966,999.32.

Netflix Trading Down 2.0 %

NFLX stock opened at $749.29 on Thursday. The business has a fifty day moving average price of $703.23 and a 200 day moving average price of $657.75. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.95 and a quick ratio of 0.95. Netflix, Inc. has a fifty-two week low of $395.62 and a fifty-two week high of $773.00. The stock has a market capitalization of $322.94 billion, a price-to-earnings ratio of 52.00, a P/E/G ratio of 1.49 and a beta of 1.26.

Institutional Trading of Netflix

Several large investors have recently made changes to their positions in NFLX. Heartland Bank & Trust Co grew its holdings in Netflix by 0.9% during the 2nd quarter. Heartland Bank & Trust Co now owns 1,770 shares of the Internet television network’s stock worth $1,195,000 after acquiring an additional 15 shares during the last quarter. Cedrus LLC lifted its position in shares of Netflix by 0.8% during the third quarter. Cedrus LLC now owns 1,781 shares of the Internet television network’s stock worth $1,263,000 after purchasing an additional 15 shares in the last quarter. Meritas Wealth Management LLC grew its stake in shares of Netflix by 2.9% during the third quarter. Meritas Wealth Management LLC now owns 573 shares of the Internet television network’s stock valued at $406,000 after purchasing an additional 16 shares during the last quarter. Stage Harbor Financial LLC increased its holdings in shares of Netflix by 4.8% in the third quarter. Stage Harbor Financial LLC now owns 346 shares of the Internet television network’s stock valued at $250,000 after purchasing an additional 16 shares in the last quarter. Finally, Compass Ion Advisors LLC raised its position in Netflix by 4.5% in the 3rd quarter. Compass Ion Advisors LLC now owns 369 shares of the Internet television network’s stock worth $262,000 after purchasing an additional 16 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Piper Sandler restated an “overweight” rating and set a $840.00 target price (up previously from $800.00) on shares of Netflix in a research note on Friday, October 18th. Bank of America increased their price objective on Netflix from $740.00 to $800.00 and gave the company a “buy” rating in a research report on Friday, October 18th. Wolfe Research restated an “outperform” rating on shares of Netflix in a research note on Friday, October 18th. Loop Capital upped their target price on shares of Netflix from $750.00 to $800.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. Finally, Rosenblatt Securities raised their price target on shares of Netflix from $635.00 to $680.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-five have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $747.70.

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.