How Have Netflix Inc. (NFLX) Insiders Been Trading?

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Netflix Inc. (NASDAQ:NFLX) finished Thursday with an addition of $0.18 to close at $237.05, an upside of 0.08 percent. An average of 14,409,680 shares of common stock have been traded in the last five days. There was a gain of $1.67 in the past week, and it reached a new high 14 times over the past 12 months. The last 20 days have seen an average of 9,443,895 shares traded, while the 50-day average volume stands at 10,491,476.

NFLX stock has increased by 5.57% in the last month. The company shares reached their 1-month lowest point of $214.69 on 09/06/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $162.71 and a high of $700.99 in 52 weeks. It has reached a new high 1 time so far this year and lost -60.65% or -$365.39 in price. In spite of this, the price is down -66.18% from the 52-week high.


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Insider Transactions

310 days have passed since Netflix Inc. (NFLX) last reported insider trading activity. Hoag Jay C, who is Director, most recently acquired $2,472 shares at $700.19 per share on Nov 17. In this transaction, the insider spent $1,730,873. COO and Chief Product Officer, Peters Gregory K, disposed of 7,058 shares at a price of $700.00 on Nov 17. The insider now owns more than $4,940,600 worth of shares. Prior to that, Director Hoag Jay C went on to Sale 975 shares at $659.70 each on Nov 05. An amount of $643,206 was transacted.

Valuation Metrics

Netflix Inc. (NFLX) has a trailing price-to-earnings (P/E) ratio of 22.18. The stock’s beta is 1.33. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.33, the price-to-book (PB) ratio at 5.52, and the price-to-cash flow ratio at 645.02.

Financial Health

The quick ratio of Netflix Inc. for the three months ended June 29 was 1.00, and the current ratio was 1.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.75 and a total debt to equity ratio of 0.75 for the quarter ending June 29. Its gross profit as reported stood at $12.37 billion compared to revenue of $29.7 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Netflix Inc.’s return on assets was 11.40%.

Earnings Surprise

For the three-month period that ended June 29, Netflix Inc. had $14.23 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.44 billion in the quarter, while revenues of $1.6 billion were grew 6.1%. The analyst consensus anticipated Netflix Inc.’s latest quarter earnings to come in at $2.94 per share, but it turned out to be $3.2, a 8.80% surprise. For the quarter, EBITDA amounted to $4.92 billion. Shareholders own equity worth $444.71 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Netflix Inc. (NFLX) price momentum. RSI 9-day as of the close on 22 September was 54.26%, suggesting the stock is Neutral, with historical volatility in this time frame at 55.66%.

As of today, NFLX’s price is $240.11 +0.71% or $1.67 from its 5-day moving average. NFLX is currently trading +3.24% higher than its 20-day SMA and +24.53% higher than its 100-day SMA. However, the stock’s current price level is +34.26% above the SMA50 and -61.31% below the SMA200.

The stochastic %K and %D were 67.69% and 78.21%, respectively, and the average true range (ATR) was 11.06. With the 14-day stochastic at 62.46% and the average true range at 10.75, the RSI (14) stands at 54.19%. The stock has reached 3.96 on the 9-day MACD Oscillator while the 14-day reading was at 6.84.

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