Its up 0.15, from 0.95 in 2016Q3.
ILLEGAL ACTIVITY NOTICE: "Netflix, Inc". 120 funds opened positions while 190 raised stakes.
"The irony is the faster that we grow (the business) and the faster we grow the owned originals, the more a draw on free cash flow there will be", Hastings said on the conference call. Corporate insiders own 4.90% of the company's stock. (NASDAQ:NFLX). Bnp Paribas Arbitrage Sa accumulated 223,685 shares. Atlas Browninc reported 4,230 shares. Finally, Xact Kapitalforvaltning AB boosted its position in Netflix by 0.9% in the second quarter. Ems Lp reported 780,000 shares.
Meanwhile, also on the Monday earnings call, Netflix's chief content officer Ted Sarandos defended the company's recent cancellations of a handful of expensive, but underperforming, original series. Highbridge Mngmt Ltd Liability holds 0.01% or 3,624 shares. Virginia Retirement Systems Et Al has invested 0.22% in Netflix, Inc. CRANZ TAWNI also sold $312,756 worth of Netflix, Inc. (NASDAQ:NFLX) or 2,000 shares. $1,893.58 million flowed into the stock on the tick-up and $2,047.20 million flowed out of the stock on the tick-down, for a money net flow of $153.62 million out of the stock. These shares are worth $338,360 and were traded at $169.18 each. The shares were sold on June 28th for a price of $153.54. Shares for $174,636 were sold by KILGORE LESLIE J. The shares were sold at an average price of $150.02, for a total value of $1,036,488.18.
While subscriber additions outpaced Netflix's expectations, the company also saw its revenues rise to $2.785 billion, up 32.3%.
Netflix shares climbed 13.5 percent, to put in an all-time-high close of $183.60.
Tuesday's climb was fueled by massive trading volume. (NASDAQ:NFLX) on Friday, February 10. It has outperformed by 58.64% the S&P500. Two analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and thirty have issued a buy rating to the company. Therefore 65% are positive. BP PLC had 340 analyst reports since July 22, 2015 according to SRatingsIntel. "(NFLX) Shares Sold by Atria Investments LLC" was originally published by Transcript Daily and is the property of of Transcript Daily.
In other Netflix news, General Counsel David A. Hyman sold 14,021 shares of the stock in a transaction that occurred on Tuesday, April 25th. Arete Wealth Advsrs Limited owns 0.12% invested in Netflix, Inc. Finally, William Blair reiterated an "outperform" rating and set a $165.00 price objective on shares of Netflix in a research report on Saturday, April 22nd. The rating was upgraded by Mizuho to "Buy" on Tuesday, January 17. On November 21, 2016 Brean Capital started covering the stock with an initial rating of "Buy". On July 18 the company was changed to a "Buy" according to a Rosenblatt report up from the previous "Buy" rating. The firm has "Neutral" rating by Credit Suisse given on Thursday, October 15.
Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Monday, April 17th.
The guidance assumes much of the second quarter's momentum will continue, the letter said, though it added that Netflix's forecasts had been too optimistic at times. Royal Bank Of Canada now has an outperform rating on the Internet television network's stock.
Domestic streaming, however, has seen a slowdown in paid subscribers. It has a 52.92 P/E ratio.
"Our streaming membership grew more than expected, from 99m to 104m, due to our wonderful content", commentedd Reed Hastings, chief executive of Netflix, in a note to shareholders.