In a filing, Netflix Inc revealed its Director BARTON RICHARD N unloaded Company’s shares for reported $5.6 million on Jan 07 ’25. In the deal valued at $879.38 per share,6,364 shares were sold. As a result of this transaction, BARTON RICHARD N now holds 246 shares worth roughly $0.21 million.
Then, BARTON RICHARD N bought 6,364 shares, generating $5,596,374 in total proceeds.
Before that, HASTINGS REED sold 35,868 shares. Netflix Inc shares valued at $31,853,790 were divested by the Executive Chairman at a price of $888.08 per share. As a result of the transaction, HASTINGS REED now holds 114 shares, worth roughly $95793.06.
Goldman reiterated its Netflix Inc [NFLX] rating to a Neutral in a research note published on January 08, 2025; the price target was $850. A number of analysts have revised their coverage, including Argus’s analysts, who remained covering the stock and in early January has reiterated a ‘”a Buy”‘ rating for it. The Benchmark Company also remained covering NFLX and reiterated its “Sell” recommendation on January 03, 2025. UBS maintained its rating on December 19, 2024. It rated NFLX as “a Buy”.
Price Performance Review of NFLX
On Monday, Netflix Inc [NASDAQ:NFLX] saw its stock jump 0.31% to $840.29. Over the last five days, the stock has lost -4.63%. Netflix Inc shares have fallen nearly -5.73% since the year began. Nevertheless, the stocks have risen 75.67% over the past one year. While a 52-week high of $941.75 was reached on 01/03/25, a 52-week low of $475.26 was recorded on 01/13/25. SMA at 50 days reached $868.69, while 200 days put it at $710.64.
Levels Of Support And Resistance For NFLX Stock
The 24-hour chart illustrates a support level at 830.60, which if violated will result in even more drops to 820.90. On the upside, there is a resistance level at 848.53. A further resistance level may holdings at 856.76. The Relative Strength Index (RSI) on the 14-day chart is 34.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -38.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.55%. Stochastics %K at 7.51% indicates the stock is a buying.
How much short interest is there in Netflix Inc?
A steep rise in short interest was recorded in Netflix Inc stocks on 2024-12-13, dropping by -0.43 million shares to a total of 7.24 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.67 million shares. There was a decline of -5.98%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 16, 2024 when Oppenheimer resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $1065.
