Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Netflix Inc shares valued at $273,880 were sold by KILGORE LESLIE J on Nov 12 ’24. At $820.00 per share, KILGORE LESLIE J sold 334 shares. The insider’s holdings dropped to 35,262 shares worth approximately $29.28 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, KILGORE LESLIE J sold 343 shares, netting a total of over 274,400 in proceeds. Following the sale of shares at $800.00 each, the insider now holds 35,262 shares.
Before that, HALEY TIMOTHY M had sold 647 shares from its account. In a trade valued at $517,725, the Director traded Netflix Inc shares for $800.19 each. Upon closing the transaction, the insider’s holdings decreased to 647 shares, worth approximately $0.0.
As published in a research note from Pivotal Research Group on October 18, 2024, Netflix Inc [NFLX] has been retained to a Buy and the price target has been revised to $925. Analysts at Oppenheimer resumed the stock at ‘”an Outperform”‘ outlook in a report released in mid October. As of October 18, 2024, Needham has reiterated its “Buy” rating for NFLX. Earlier on October 16, 2024, Loop Capital resumed its rating. Their recommendation was “a Buy” for NFLX stock.
Analyzing NFLX Stock Performance
During the last five days, there has been a surge of approximately 6.44%. Over the course of the year, Netflix Inc shares have jumped approximately 70.57%. Shares of the company reached a 52-week high of $836.99 on 11/13/24 and a 52-week low of $461.86 on 01/02/24. A 50-day SMA is recorded $729.53, while a 200-day SMA reached $652.18. Nevertheless, trading volume fell to 2.74 million shares from 2.81 million shares the previous day.
Support And Resistance Levels for Netflix Inc (NFLX)
According to the 24-hour chart, there is a support level at 821.67, which, if violated, would cause prices to drop to 812.88. In the upper region, resistance lies at 838.13. The next price resistance is at 845.79. RSI (Relative Strength Index) is 77.36 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 41.63, which suggests the price will increase in the coming days. Percent R is at 7.31%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
