Shares of Netflix (NFLX) Sees Large Inflow of Net Money Flow

Netflix (NFLX) : Tuesdays money flow points at investors jumping to buy the stock on the weakness of price. $344.8 million worth of transactions were on upticks, whereas, the downticks accounted for $325.25 million worth of transactions. The net money flow was a positive $19.55 million and the uptick to downtick ratio was 1.06. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 1.98 in their favor. The net money flow into the stock was $13.06 million. The value of block trades done on downticks was only $13.35 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $26.41 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Netflix (NFLX) was trading at $94.67, down $2.39 during day. The stock slid -2.46% over the previous days close. For the week, the stock recorded -2.07% over the previous weeks close.


The company Insiders own 4.9% of Netflix shares according to the proxy statements. Institutional Investors own 84.81% of Netflix shares. In an insider trading activity, The Securities and Exchange Commission has divulged that Barton Richard N, director of Netflix Inc, had unloaded 2,800 shares at an average price of $96.69 in a transaction dated on July 5, 2016. The total value of the transaction was worth $270,732.

Netflix, Inc. has dropped 1.98% in the last five trading days, however, the shares have posted positive gains of 2.37% in the last 4 weeks. Netflix, Inc. has dropped 10.29% during the last 3-month period . Year-to-Date the stock performance stands at -16.1%.

Netflix (NASDAQ:NFLX): stock turned positive on Tuesday. Though the stock opened at $95.07, the bulls momentum made the stock top out at $96.72 level for the day. The stock recorded a low of $94.09 and closed the trading day at $95.97, in the green by 1.37%. The total traded volume for the day was 11,617,410. The stock had closed at $94.67 in the previous days trading.

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.

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