Netflix hits all-time high after crushing earnings

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Netflix Inc now has $70.72 billion valuation. "(NASDAQ:NFLX)" was posted by The Cerbat Gem and is the property of of The Cerbat Gem.

The message looks to be that, while movie-making can only be invigorated by the investments Netflix - and, indeed, others like Amazon - are making, there's no going back for how those movies are consumed. (NASDAQ NFLX) opened at 162.90 on Monday.

Now insiders hold 639,200 shares in the business which makes up 0.15% of shares. NFLX's SI was 26.45 million shares in July as released by FINRA. Tradewinds Management Lc holds 470 shares. Shares closed Monday at $161.70, up 58 cents, or 0.36%. It is positive, as 53 investors sold CIGNA Corporation shares while 249 reduced holdings. Citadel Advsrs Ltd Llc stated it has 0.22% of its portfolio in Netflix, Inc. That's the main reason the streamer burned through $1.7 billion past year. The rating was downgraded by Goldman Sachs to "Neutral" on Friday, November 13. Howard Hughes Med Institute accumulated 4,430 shares. Peters Gregory K also sold $969,144 worth of Netflix, Inc. Following the sale, the chief executive officer now directly owns 91,994 shares of the company's stock, valued at $12,968,394.18. Netflix had a return on equity of 12.73% and a net margin of 3.55%. HYMAN DAVID A had sold 5,005 shares worth $724,123. CRANZ TAWNI sold $380,729 worth of stock. Over the past 52-weeks, the stock is up closer to 65%. More bullish than consensus, the analyst also expects Netflix to bring in $395 million for the second quarter, ahead of consensus at $347 million. Netflix had 143 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Netflix, Inc. Stifel Nicolaus initiated CIGNA Corporation (NYSE:CI) on Tuesday, June 28 with "Buy" rating.

Morgan Stanley has an Overweight rating with a $185 price target.

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Several research firms have issued reports on NFLX.

Canaccord Genuity has a Buy rating with a $175 price target. FBR & Co raised their target price on Netflix from $144.00 to $145.00 and gave the company a "mkt perform" rating in a research report on Tuesday, April 18th.

Wedbush has an Underperform rating with a $73 price target.

About 7.07 million shares traded or 16.28% up from the average. It has outperformed by 58.64% the S&P500. Ltd. now owns 770 shares of the Internet television network's stock worth $114,000 after buying an additional 150 shares during the period.

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The streaming-video provider scored a record second quarter, according to a statement Monday, surpassing forecasts for subscriber growth and boosting its worldwide audience past the domestic total for the first time. It has a 211.36 P/E ratio.

If two of Netflix's key content contenders are fading in user enthusiasm, that does not speak to much confidence for Gould's take on the giant's long-term set-up. Pacific Crest maintained Netflix, Inc.

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Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Monday, April 17th.

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At around 12.30 pm, Sensex was trading 56 points higher at 32,075.65 while the Nifty50 was at 9,905.85, up 20 points. On the sectoral front, barring the Nifty FMCG index, which lost 1.70 per cent, all indices ended in green.

Three out of four US households that view streaming video content use Netflix Inc.

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