Large Inflow of Money Witnessed in Netflix

Netflix (NASDAQ:NFLX) saw its share price trade relatively negative in the recent trading session. The share price was last updated to $91.26 with a loss of -2.54 points or -2.71%. The net money flow was $2.13 million and the up/down ratio was 1.01. Approximately $169.73 million was the inflow in upticks and $167.6 million was the outflow in downticks. On a weekly measure, the shares have seen a price change of -3.38%.The shares witnessed a block transaction with a net money flow of $-2.25 million. The total money in uptick was $6.77 million and in downtick was $9.02 million with the up/down ratio reaching 0.75.


The stock has recorded a 20-day Moving Average of 7.12% and the 50-Day Moving Average is 5.28%. The company shares have dropped 3.61% in the past 52 Weeks. On December 7, 2015 The shares registered one year high of $133.27 and one year low was seen on February 8, 2016 at $79.95. The 50-day moving average is $94.69 and the 200 day moving average is recorded at $100.78. S&P 500 has rallied 1.93% during the last 52-weeks.

Netflix (NASDAQ:NFLX): The stock opened at $93.87 on Tuesday but the bulls could not build on the opening and the stock topped out at $93.88 for the day. The stock traded down to $90.77 during the day, due to lack of any buying support eventually closed down at $90.99 with a loss of -3.00% for the day. The stock had closed at $93.80 on the previous day. The total traded volume was 15,199,727 shares.

Currently the company Insiders own 6.18% of Netflix shares according to the proxy statements. Institutional Investors own 84.81% of Netflix shares. On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Netflix Inc, Barton Richard N had sold 2,800 shares worth of $283,948 in a transaction dated June 1, 2016. In this transaction, 2,800 shares were sold at $101.41 per share.

Netflix, Inc. is a provider of Internet television network. The Company has over 57 million streaming members in over 50 countries. Its members can watch more than two billion hours of television (TV) shows and movies per month, including original series, documentaries and feature films on Internet-connected screen. The Company has three operating segments: Domestic streaming, International streaming and Domestic DVD. The Domestic and International streaming segments derive revenues from monthly membership fees for services consisting of streaming content. The Domestic DVD segment derives revenues from monthly membership fees for services consisting of DVD-by-mail. Its members can play, pause and resume watching, all without commercials or commitments. Additionally, in the United States, its members can receive DVDs to their homes. The Company offers streaming service both domestically and internationally.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.