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Investigation over potential Misconduct at Netflix, Inc. (NASDAQ:NFLX)

24 September 2016
Investigation over potential Misconduct at Netflix, Inc. (NASDAQ:NFLX)

Analysts' mean recommendation for Netflix, Inc.'s (NFLX) stands at 2.60.

Netflix, Inc.'s (NFLX) ended its day with a gain of 1.00% and finalized at the price of $95.83.

Investors evaluating NFLX stock at the current market price of $94.88/share should know the company will next release quarterly results for the September 2016 quarter. Following the completion of the transaction, the chief executive officer now owns 116,431 shares in the company, valued at $10,081,760.29.

BARTON RICHARD N (Director) of NFLX [NASD] sold 6300 shares worth of $630000 at the average price of $100 on01 Sep 2006. The shares were sold at an average price of $96.90, for a total value of $67,830.00. The disclosure for this purchase can be found here. Company insiders own 4.90% of the company's stock. (NASDAQ:NFLX) and believes that the stock "has lots of runway ahead", according to a report from CNBC.

Price Momentum: Despite the -3.43% drop in value, the stock's new closing price reflects a -28.81% fall in price from company's one year high of $133.27. Finally, Stifel Nicolaus restated a "buy" rating and issued a $120.00 price target (down previously from $143.00) on shares of Netflix in a research note on Tuesday, July 19th.

Netflix Inc. (NASDAQ: NFLX) now has a market cap of 42.12B. A Survey done by Jefferies looked at more than 1,100 Netflix subscribers who have received a notification of the price hike and only 65% of them accepted the price change. The corporation has earnings per share (EPS) ratio of 0.32. The business had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.11 billion. The debt-to-equity ratio (D/E) was recorded at 1.04. On average, analysts forecast that Netflix will post $0.29 EPS for the current fiscal year.

Large investors have recently added to or reduced their stakes in the stock.

During last 5 trades the stock sticks nearly -1.55%. Netflix missed badly on Wall Street expectations for the second quarter, but boosters like RBC argue that this is a hiccup and that Netflix's potential is still intact.

09/13/2016 - Netflix, Inc. was downgraded to "underperform" by analysts at Macquarie. A report from data research and analytic firm M Science suggests the streaming giant's third quarter subscriber growth has been negatively affected by churn, or subscribers canceling their subscriptions, due to price raises and the ungrandfathering of accounts, according to Looking For Alpha. Capital Research Global Investors increased its stake in Netflix by 1.5% in the second quarter. The stock presently has an average rating of "Hold" and a consensus target price of $110.46. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company's common stock.

Netflix, Inc (Netflix) is a provider of Internet television network. The Company's members can watch original series, documentaries and feature films in Internet-connected screen.