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Netflix (NASDAQ:NFLX) Director Sells $162,216.00 in Stock
['Max Byerly']
Ticker Report
Netflix, Inc. (NASDAQ:NFLX – Get Free Report) Director Richard Barton sold 2,160 shares of the company’s stock in a transaction dated Wednesday, August 5th.
Netflix Stock PerformanceNASDAQ:NFLX opened at $74.14 on Friday.
Citigroup downgraded Netflix from a “buy” rating to a “positive” rating in a report on Monday, July 20th.
Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the stock.
Negative Sentiment: Netflix has underperformed the S&P 500 over the past year amid concerns about engagement, limited viewing-data disclosure and intensifying streaming competition.