Citigroup Holds To Rating And Raises Price Target On Netflix, Inc. (NFLX)

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The company is up by 1.34%% since yesterday's close of 195.86. After $0.80 actual EPS reported by Alliance Holdings GP, L.P. for the previous quarter, Wall Street now forecasts 13.75% EPS growth. (NASDAQ:NFLX) for 576,973 shares. 0 analysts gave its stock an Outperform rating. Netflix last hiked USA prices in October 2015. Zacks Investment Research lowered shares of Netflix from a "buy" rating to a "hold" rating in a research note on Tuesday, March 7th.

Goldman, which has a "buy" rating on the stock, boosted its price target to $235 from $200. 7,823,476 shares of the company's stock traded hands. Stock's distance from 52 week High is -1.78% and the distance from 52 week Low is 100.61%. (NASDAQ:NFLX) shares have been seen trading 6.40% away from the 20-day moving average.

Netflix (NASDAQ:NFLX) last posted its earnings results on Monday, July 17th. Netflix had a return on equity of 7.51% and a net margin of 2.11%. The firm had revenue of $2.79 billion during the quarter, compared to analyst estimates of $2.76 billion. During the same period past year, the business posted $0.09 EPS. The company's revenue was up 32.3% compared to the same quarter a year ago.

Analysts are predicting earnings per share growth of 51.50% for the current year. BlackRock Inc. grew its stake in shares of Netflix by 1.7% in the second quarter. "(NFLX) PT Raised to $225.00" was first posted by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this story on another publication, it was stolen and republished in violation of United States & worldwide trademark & copyright laws. Heritage Investors Management Corp now owns 1,995 shares of the Internet television network's stock worth $298,000 after purchasing an additional 12 shares during the last quarter. (NFLX), Week Volatility is 2.30%, whereas Month Volatility is at 2.34%. Following the transaction, the insider now directly owns 2,135 shares of the company's stock, valued at approximately $312,756.15.

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About 58,316 shares traded. The shares were sold at an average price of $196.16, for a total transaction of $392,320.00.

First Manhattan Company, which manages about $20.51B and $11.70B US Long portfolio, upped its stake in Newell Brands Inc (NYSE:NWL) by 340,297 shares to 3.26M shares, valued at $174.74M in 2017Q2, according to the filing. The disclosure for this sale can be found here. Also, insider Jonathan Friedland sold 2,496 shares of Netflix stock in a transaction that occurred on Wednesday, July 19th. The insider HUNT NEIL D sold $4.09 million.

A number of other equities research analysts also recently commented on the company. Currently, the October put/call open interest ratio rests at a lofty 1.09, with puts outnumbering calls among those options most affected by Netflix's quarterly report. Jennison Associates LLC now owns 14,784,089 shares of the Internet television network's stock worth $2,208,891,000 after purchasing an additional 1,814,056 shares in the last quarter.

Tpg Group Holdings Sbs Advisors Inc increased Netflix Inc. For the past month, Netflix, Inc.'s stock has been 6.65%, 21.56% for the last quarter, 37.04% for the past six months and 96.84% for the past 52 weeks. Summit Financial Wealth Advisors LLC bought a new stake in Netflix during the 1st quarter worth $220,000. Tower Rech Capital Llc (Trc) accumulated 6,993 shares or 0.12% of the stock. Heritage Investors Management Corp now owns 1,995 shares of the Internet television network's stock worth $298,000 after acquiring an additional 12 shares during the period. Hedge funds and other institutional investors own 80.42% of the company's stock. The Firm operates through three divisions: Domestic streaming, global streaming and Domestic DVD. There is growing competition in the online content streaming market as new entrants such as Roku Inc (NASDAQ:ROKU) and Walt Disney Co (NYSE:DIS) launch new streaming services. He's also positive on the company's worldwide strategies, which include localization, deals on set-top boxes and more local original content.