Large Outflow of Money Witnessed in Netflix, Inc.

Netflix, Inc. (NFLX) managed to eke out gains of 0.01% in intraday trade. The share price increased by 0.02 points to $140.73. Till last observation, the net money flow was recorded at a negative $(-17) million. The total inflow of $199.84 million in upticks was completely overshadowed by an outflow of $216.84 million in downticks, giving the up/down ratio a value of 0.92. The shares have seen a change of -1.21% in the past week.A block trade occurred in the company shares in which the composite value of the upticks was $15.53 million and the composite value in downticks was $2.66 million. The resultant up/down ratio for the block exchange was 5.84. The block trade had a negative money flow of $(12.87) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Netflix, Inc. rose by 0.9% in the last five trading days and 13.72% for the last 4 weeks. Netflix, Inc. is up 12.74% in the last 3-month period. Year-to-Date the stock performance stands at 13.72%. Netflix, Inc. (NASDAQ:NFLX) rose 0.05% or 0.07 points on Wednesday and made its way into the gainers of the day. After trading began at $141.2 the stock was seen hitting $142.41 as a peak level and $139.3 as the lowest level. The stock ended up at $140.78. The daily volume was measured at 6,033,422 shares. The 52-week high of the share price is $143.46 and the 52-week low is $79.95. The company has a market cap of $60,593 million.

Company has reported several Insider transactions to the SEC, on Jan 20, 2017, Gregory K Peters (Intl. Development Officer) sold 16,667 shares at 142.43 per share price.On Jan 20, 2017, Tawni Cranz (Chief Talent Officer) sold 2,681 shares at 142.01 per share price.On Jan 19, 2017, Reed Hastings (CEO) sold 86,835 shares at 132.49 per share price.

Netflix Last issued its quarterly earnings results on Jan 18, 2017. The company reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.13. The company had revenue of $2477.50 million for the quarter, compared to analysts expectations of $2467.99 million. The companys revenue was up 35.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by FBR & Co. on Jan 19, 2017 to Mkt Perform, Raises Price Target to $ 144 from a previous price target of $100 .Netflix was Upgraded by Macquarie to Neutral on Jan 19, 2017. Company shares were Reiterated by Wedbush on Jan 19, 2017 to Underperform, Raises Price Target to $ 68 from a previous price target of $60 .Company shares were Reiterated by Canaccord Genuity on Jan 19, 2017 to Buy, Raises Price Target to $ 160 from a previous price target of $140 .Company shares were Reiterated by Mizuho on Jan 19, 2017 to Buy, Raises Price Target to $ 160 from a previous price target of $152 .

Netflix is the worlds leading Internet television network with millions of subscribers in nearly 50 countries who have access to an ever-expanding library of TV shows and movies, including original programming, documentaries and feature films. The company offers the ability to watch as subscribers want, anytime, anywhere, on nearly any Internet-connected screen.

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