In other Netflix news, Director Richard N. Barton sold 2,000 shares of Netflix stock in a transaction dated Wednesday, August 9th. The company's efforts to attract viewers through investing in more regional programming should also boost user base.
But even then, the writing was on the wall. Estimates have remained stable ahead of the upcoming earnings release.
Other equities analysts have also recently issued reports about the stock. (The) restated a "buy" rating and set a $170.00 price target on shares of Netflix in a report on Friday, April 14th.
The streaming television company said this week that it is raising the price of its service in Canada. Atalanta Sosnoff Capital LLC purchased a new stake in shares of Netflix during the first quarter worth approximately $379,000. Netflix, Inc. The company has a 50 day moving average price of $168.29 and a 200 day moving average price of $153.50. Netflix currently has a consensus rating of "Buy" and an average price target of $174.79. 5,020,819 shares of the company's stock were exchanged. The stock was sold at an average price of $181.37, for a total value of $181,370.00.
Netflix (NASDAQ:NFLX) last issued its earnings results on Monday, July 17th. Alternatively, if Disney wants to just focus on this Disney service first, they could extend their Netflix deal for a year or two. Netflix had a net margin of 3.55% and a return on equity of 12.82%. During the same period in the previous year, the company earned $0.09 EPS. Winslow Evans Crocker invested 0% of its portfolio in Netflix, Inc. The stock was sold at an average price of $164.29, for a total transaction of $1,125,879.37. It would make good sense too, given that Netflix is producing some impressive Marvel TV Shows, which are semi-connected to the movie universe cannon. The correct version of this piece can be viewed at https://www.themarketsdaily.com/2017/08/12/netflix-inc-nasdaqnflx-shares-bought-by-xact-kapitalforvaltning-ab-updated-updated-updated.html. The disclosure for this sale can be found here. In the last 90 days, insiders sold 389,801 shares of company stock worth $64,889,201. Guardian Life Insurance Co. of America now owns 1,655 shares of the Internet television network's stock worth $245,000 after buying an additional 11 shares in the last quarter. Tiaa Cref Investment Management LLC downsized its holdings by selling 92,744 shares a decrease of 3.5% as of 06/30/2017. Teachers Retirement System of The State of Kentucky now owns 102,463 shares of the Internet television network's stock worth $15,309,000 after buying an additional 515 shares in the last quarter. Finally, Northwest Wealth Management LLC raised its position in shares of Netflix by 0.8% in the second quarter.
CEO Reed Hastings sold 109,214 shares at an average price of $188.79 on Mon the 24th.
Wealth Enhancement Advisory Services LLC acquired a new stake in Netflix, Inc. The Firm operates through two divisions in each of the two industry groups: the Heating and Cooling segment and the Evaporative Cooling segment in the HVAC industry group, and the Concrete, Aggregates and Construction Supplies (CACS) segment and the Door segment in the Construction Products industry group.