AO Asset Management LLC Lowers Stake in Netflix, Inc. (NASDAQ:NFLX)

Can Netflix's Q2 Earnings Propel The Stock To Record Territory

The stock of Netflix, Inc. (NASDAQ:NFLX) investors have traditionally set their sights on the ebb and flow of the company's subscriber numbers. SRS Capital Advisors Inc. now owns 727 shares of the Internet television network's stock worth $107,000 after buying an additional 706 shares during the period.

Other hedge funds have also recently added to or reduced their stakes in the company. Finally, Baillie Gifford & Co. raised its stake in Netflix by 3.2% in the first quarter. Ltd. now owns 770 shares of the Internet television network's stock valued at $114,000 after buying an additional 150 shares during the period. TD Capital Management LLC bought a new stake in Netflix during the second quarter valued at approximately $105,000. FMR LLC raised its stake in Netflix by 6.6% in the first quarter. The firm acquired 5,121 shares of the Internet television network's stock, valued at approximately $288,000. Harfst & Associates Inc. acquired a new stake in shares of Netflix during the first quarter worth $109,000. Corporate insiders own 4.90% of the company's stock.

Netflix, Inc. has a 52 week low of $84.50 and a 52 week high of $166.87. (NASDAQ:NFLX). The Montana-based Davidson Investment Advsr has invested 0% in Netflix, Inc. About 206 shares traded. Netflix, Inc. The firm has a market cap of $69.58 billion, a P/E ratio of 208.84 and a beta of 0.99. The company has a 50-day moving average of $157.80 and a 200-day moving average of $144.87.

Creators Of Smash Bros. Project M Mod Reveal Next Game
Like Smash Bros ., Icons will allow two to four players to duke it out with one another. Ultimately, it was canceled a couple of years ago by the team for undisclosed reasons.

Netflix (NASDAQ:NFLX) opened at 161.12 on Friday. The Internet television network reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.03. The same period from previous year had $0.09 in EPS and $2.11 billion in revenue.

Q2 United States subscriber growth (net additions): Wall Street is expecting Q2 domestic streaming net adds of 633,000, versus Netflix guidance of 600,000. The business's revenue was up 34.7% compared to the same quarter past year. During the same period a year ago, the business posted $0.06 EPS. Beach Inv Counsel Inc Pa, Pennsylvania-based fund reported 80,128 shares. Peters Gregory K also sold $969,144 worth of Netflix, Inc. "(NFLX)" was originally posted by BNB Daily and is the property of of BNB Daily. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of United States & global trademark & copyright laws. The correct version of this story can be read at https://www.themarketsdaily.com/2017/07/17/netflix-inc-nasdaqnflx-stock-rating-reaffirmed-by-cantor-fitzgerald.html. MKM Partners reaffirmed a "buy" rating and set a $195.00 price target on shares of Netflix in a research report on Monday, July 10th. Credit Suisse Group set a $154.00 target price on Netflix and gave the stock a "neutral" rating in a research note on Tuesday, July 11th. FBR & Co reissued a "market perform" rating and set a $145.00 price target on shares of Netflix in a research report on Friday. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Netflix in a research report on Tuesday, April 18th.

Among 46 analysts covering Netflix (NASDAQ:NFLX), 30 have Buy rating, 2 Sell and 14 Hold. SELL rating has been given by 0 analyst (s) and 0 analyst (s) given BUY rating to the stock. The shares were sold at an average price of $140.97, for a total transaction of $12,968,394.18. Following the completion of the transaction, the director now owns 8,012 shares in the company, valued at $1,180,888.68. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company fiscal year is ending in December and analysts' consensus recommendation is Outperform for NFLX and estimated EPS for next quarter is $ 0.23. "Similarly, the company's CEO HASTINGS REED on 2017-06-20 Sell 115577 shares of the company at a price of $152.63". The stock has been active on the tape, now trading at $161.12, up from yesterday's close by 1.84%. The disclosure for this sale can be found here. HYMAN DAVID A sold $724,123 worth of stock or 5,005 shares. Insiders own 4.90% of the company's stock.

Related News:



Most liked

Amber Alert issued for 1-year-old Soledad boy
The unknown suspect was last seen driving off at 4:47 a.m. this morning in the Honda Accord with Emiliano in the back seat. Salinas has black hair, brown eyes and was last seen wearing a black and white shirt and gray trousers .

1662 civilians died in Afghanistan in 6 months
Islamic State was blamed for 5 percent, while unidentified anti-government forces accounted for another 19 percent of the total. Afghan security forces, meanwhile, were commended in the report for reducing the number of civilian casualties they caused.

Suspicious vehicle crashes into police cruiser near Capitol
Second street, which runs behind the Library of Congress and Supreme Court, was also shut down. Witness reports state the vehicle slammed into fence and also struck a police auto .

Gas Prices In OKC Rise 1.4 Cents In Past Week
The most expensive gas price averages in Florida are in West Palm Beach-Boca Raton ($2.24), Pensacola ($2.23), and Miami ($2.22). Areas in California and their current gas price climate: Stockton- $2.78/g, down 5.5 cents per gallon from last week's $2.84/g.

Japan to warn of greater threat from North Korea in new report
A policeman salutes at a junction featuring a portrait of North Korea founder Kim Il Sung in Pyongyang, April 11, 2012. Daily NK is run by North Korean defectors who collect prices via phone calls with fuel traders in the North.

Everton reprise interest in Theo Walcott
He made 37 appearances across all competitions last season for the Gunners and scored an impressive 19 goals in return. Walcott grins. "I can't really say". "There was a reaction and that's what we wanted".

YouTube, Milan. Lucas Biglia che gaffe: "Forza Lazio"
Grazie ai loro acquisti, ora i rossoneri di Vincenzo Montella potranno ricominciare a fare la voce grossa, in Italia ma anche in Europa.

Heroic Dog Rescues Drowning Fawn as Owner Cheers on from Shore
After about eight minutes, Freeley and a member of Strong Island Rescue were able to once again save the deer. When the experts arrived to care for the fawn, it got spooked and went back out into the surf.

Google Told to Hand Over a Narrower Set of Pay Data
A spokesman for the Department of Labor, meanwhile, did not immediately respond Sunday night to an email about its next step. The judge decided that the OFCCP will have to do more work if it wants to receive more info.

Governors split on Senate's new health care bill
Baker was tapped in March by President Donald Trump to sit on a new White House opioid commission led by New Jersey Gov. One of the hot topics of discussion among the chief executives is proposed changes to the nation's health care system.

Andy Rubin's Essential Phone is coming to the United Kingdom , probably
Additionally, de Masi said that they have plans to launch the Essential Phone in the United Kingdom , western Europe, and Japan. While there are fans out there who are disappointed by the slight delay, it looks like the wait will be over soon enough.

Mamata asks opposition to unite against BJP for the 'sake of country'
On the party's stand in the monsoon session of Parliament starting tomorrow, she said, "TMC will be aggressive". After all this, we will not bow down our heads rather fight and be happy to go to jail.

China releases second quarter GDP data and other key indicators
Beijing is trying to rein in debt and prevent new housing bubbles with active measures in the property sector and with lenders. Over the half, China produced 419.75 million tonnes of crude steel, up 4.6% on the same period a year earlier.

Proportion of overseas landlords in United Kingdom hits record low
In 2010, they made up 39% of overseas-based landlords in London, but now the proportion is 28%, according to its figures. The fall is most evident in London, where the proportion of overseas landlords has fallen from 26% to 11%.

Longmont weather: Highs in the 80s and showers over the weekend
Some showers and storms could linger into Sunday across the Upstate while western NC sees a lower chance of rain or storms. Partly cloudy skies will follow into Wednesday night , along with a slight chance of showers.