Netflix, Inc. (NFLX) General Counsel David A. Hyman Sells 63378 Shares

The fund owned 10,790 shares of the Internet television network's stock after acquiring an additional 1,005 shares during the period. YorkBridge Wealth Partners LLC's holdings in Netflix were worth $1,957,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Almanack Investment Partners LLC. bought a new position in Netflix in the second quarter worth about $101,000. Fisher Asset Management LLC lifted its holdings in shares of Netflix by 36.6% in the third quarter. Signature Estate & Investment Advisors LLC purchased a new position in Netflix during the second quarter valued at $124,000. OppenheimerFunds Inc. now owns 7,528 shares of the Internet television network's stock worth $1,113,000 after purchasing an additional 117 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Netflix by 3,478.1% during the 2nd quarter. Quadrant Capital Group LLC now owns 1,475 shares of the Internet television network's stock valued at $126,000 after buying an additional 194 shares during the last quarter. Netflix has a 52-week low of $110.68 and a 52-week high of $204.38. (NASDAQ:NFLX) traded down 0.55% during mid-day trading on Friday, hitting $114.78. 5,518,595 shares of the company's stock traded hands. Netflix, Inc. The firm has a market capitalization of $84.94 billion, a PE ratio of 196.23 and a beta of 1.09. The company's 50-day moving average is $189.64 and its 200 day moving average is $169.99.

Netflix (NASDAQ:NFLX) last announced its earnings results on Monday, October 17th. A month ago, analyst EPS consensus estimated earnings of US$0.32 per share. The return on assets stands at 2.9%, Return on Equity now is 14.6% and the Return on Investment value is 5%. The business had revenue of $2.99 billion during the quarter, compared to analysts' expectations of $2.97 billion. Next quarter's EPS is expected be $0.55 with next year's EPS anticipated to be $2.25.

While looking at the Stock's Performance, Netflix, Inc. now shows a Weekly Performance of 3.07%, where Monthly Performance is 9.39%, Quarterly performance is 8.98%, 6 Months performance is 26.79% and yearly performance percentage is 56.73%.

TRADEMARK VIOLATION NOTICE: This article was first posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this article on another site, it was illegally copied and republished in violation of U.S. & global copyright & trademark legislation. General Counsel David A. Hyman let go of 63,378 shares at an average price of $198.96 on Monday the 30th.

A number of equities research analysts have commented on the company.

On October 17 Loop Capital made no change to the stock rating of "Buy" but raised the price target from $228.00 to $242.00.

On October 17 Credit Suisse held the company rating at "Neutral" and raised the price target to $210.00 from $190.00. Wedbush reiterated an "underperform" rating and set a $50.00 target price (up previously from $45.00) on shares of Netflix in a report on Sunday, July 17th. Finally, Cantor Fitzgerald reissued an "overweight" rating and issued a $190.00 price objective on shares of Netflix in a research note on Thursday, July 13th. Analysts reported that the Price Target for Netflix, Inc. might touch $270 high while the Average Price Target and Low price Target is $215.18 and $80 respectively. On October 26 Loop Capital kept the stock rating at "Buy" but lowered the price expectation from $242.00 to $237.00. Barton Investment Management downsized its investment by shedding 18,570 shares a decrease of 2.8%. The stock was sold at an average price of $188.61, for a total value of $20,598,852.54. Following the completion of the sale, the general counsel now directly owns 43,071 shares of the company's stock, valued at approximately $8,566,821.90. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The stock was sold at an average price of $203.35, for a total transaction of $735,516.95. The disclosure for this sale can be found here. Following the transaction, the chief executive officer now owns 109,214 shares in the company, valued at $20,598,852.54. The most recent short interest data show 6.22% of the company's stock are short sold.

Like this



01 November 2017
Aishwarya Rai @ 44: 8 roles which made her a mega star!
Her last movie was Karan Johar's Ae Dil Hai Mushkil , in which she garnered appreciation for her sexy avatar. Aishwarya and Shahrukh didn't talk for many years post that but all is well now.

01 November 2017
United States Heat Pump Water Heaters Market Report 2017 | Qualitative Analysis
An in-depth analysis of forecast market information will provide the data related to the Oil Pump investment feasibility study. Marketing strategies, emerging market segments and comprehensive analysis of Oil Pump will lead to market development.

01 November 2017
FOX may have run out of commercials during wild Game 5
Jonathan Khamis recaps a wild Game 5 and previews Game 6, where the Dodgers face Houston ace Justin Verlander . Tune in for the must-win Game 7 of the World Series presented by YouTube TV on Wednesday at 8 p.m.

01 November 2017
Seagate Technology PLC (STX) Given Average Rating of "Hold" by Analysts
The Company also provides data storage services for businesses, including online backup, data protection and recovery solutions. Following the sale, the director now directly owns 3,316 shares of the company's stock, valued at approximately $129,357.16.

01 November 2017
Skechers USA, Inc. (NYSE:SKX)
The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website . Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Skechers 12.3% in the second quarter.

01 November 2017
Ford Focus RS grabs world-first electronically controlled performance handbrake
Customers will be able to order the "Drift Stick" starting in December, and it will cost $999. The car's warranty is unaffected by its installation.

01 November 2017
EPA to Announce List of Appointees to Its Science Advisory Board
The advisory boards were created by Congress to serve as a check on EPA policies and research. He said EPA's science boards would now better reflect the views of rural states like his own.

01 November 2017
How major U.S. stock indexes fared on Tuesday
About 6.8 billion shares changed hands in USA exchanges, above the 6.1 billion daily average over the last 20 sessions. More attention is on President Donald Trump's choice for the next chairman of the Federal Reserve.

01 November 2017
Leeds United made to pay the penalty after letting lead slip
Pontus Jansson , who replaced him during the game last Friday, is expected to take his place in the starting 11. The Whites have now lost five of their last six league games and have been leapfrogged by the Rams .

01 November 2017
SBI cuts benchmark lending rate by 0.05 pc across maturities
Meanwhile, another public sector lender Allahabad Bank also reduced the MCLR rate by 0.15 per cent across all tenor. Similarly, rates for one year will be 7.95 per cent, 8.05 per cent for two years and 8.1 per cent for three years.