Netflix shares top $200 for the first time

Netflix Stock

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Quadrant Capital Group LLC now owns 1,684 shares of the Internet television network's stock worth $229,000 after acquiring an additional 10 shares during the period. Traynor Capital Management Inc. grew its position in Netflix by 7.8% during the 1st quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NFLX. AXA grew its position in Netflix by 92.0% during the 1st quarter. Blue Rock Advisors LLC now owns 7,599 shares of the Internet television network's stock worth $749,000 after buying an additional 328 shares during the last quarter. AXA now owns 158,400 shares of the Internet television network's stock worth $23,413,000 after purchasing an additional 75,900 shares during the period. Harfst & Associates Inc. bought a new position in Netflix in the 1st quarter worth $109,000.

TRADEMARK VIOLATION WARNING: This piece was reported by BBNS and is the property of of BBNS. The original version of this piece can be read at https://stocknewstimes.com/2017/10/13/netflix-inc-nflx-pt-raised-to-225-00.html. The stock was sold at an average price of $177.38, for a total transaction of $2,264,787.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Harding Loevner Lp acquired 485,593 shares as 51Job Inc (JOBS)'s stock rose 22.27%. The stock was sold at an average price of $146.49, for a total value of $312,756.15. Following the transaction, the chief executive officer now owns 109,214 shares of the company's stock, valued at approximately $20,598,852.54. The disclosure for this sale can be found here.

Looking into last 5 trades, the stock observed a return of nearly 0.76%.

Several brokerages recently weighed in on NFLX. "(NASDAQ:NFLX) Dominance Is Eroding Quickly" on October 05, 2017, also Benzinga.com with their article: "A Few Thoughts On Netflix Leading Into The Q3 Print" published on October 12, 2017, Marketwatch.com published: "Netflix earnings: Why higher subscription prices lead to more shows like ..." on October 10, 2017. Finally, Guggenheim reiterated a buy rating and set a $225.00 price objective (up previously from $210.00) on shares of Netflix in a research report on Friday, October 6th. MKM Partners now has a $230.00 price target on the Internet television network's stock. Six equity analysts rating the company a strong buy, seventeen equity analysts rating the company a buy, fifteen equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of $117.22. 101,815 Netflix, Inc. (NASDAQ:NFLX) shares with value of $16.00M were sold by HASTINGS REED.

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Netflix, Inc. shares rose $1.59 (+0.81%) in premarket trading Friday. The company has a market capitalization of $85.43 billion, a PE ratio of 240.724 and a beta of 1.09. $176.95's average target is -9.65% below currents $195.86 stock price. (NASDAQ:NFLX). Ls Invest Advisors has invested 0.07% in Netflix, Inc.

"We believe consensus subscriber estimates for Netflix ahead of Monday's earnings remain too low, particularly for the quarter, 4Q, and beyond", analyst Heath Terry wrote in a note to clients.

EPS Estimate for the next Quarter is 0.32. 51job had 3 analyst reports since August 12, 2015 according to SRatingsIntel. The company's revenue was up 32.3% compared to the same quarter a year ago. During the same quarter in the prior year, the company earned $0.09 EPS.

For the current quarter, 26 analysts are projecting a mean EPS of $1.59/share.

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