Netflix Inc’s recently made public that its Director Hoag Jay C unloaded Company’s shares for reported $0.6 million on Jan 23 ’25. In the deal valued at $979.71 per share,617 shares were sold. As a result of this transaction, Hoag Jay C now holds 0 shares worth roughly $0.0.
Then, Jay C. Hoag for the benefit of bought 617 shares, generating $588,612 in total proceeds.
Before that, BARTON RICHARD N sold 6,364 shares. Netflix Inc shares valued at $5,596,374 were divested by the Director at a price of $879.38 per share. As a result of the transaction, BARTON RICHARD N now holds 246 shares, worth roughly $0.24 million.
Bernstein upgraded its Netflix Inc [NFLX] rating to an Outperform from a a Mkt perform in a research note published on January 24, 2025; the price target was increased to $1200 from $975. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in late January from “a Peer perform” to “an Outperform”. The Benchmark Company also remained covering NFLX and has increased its forecast on January 22, 2025 with a “Hold” recommendation from previously “Sell” rating. Rosenblatt revised its rating on January 22, 2025. It rated NFLX as “a Buy” which previously was an “a Neutral”.
Price Performance Review of NFLX
On Friday, Netflix Inc [NASDAQ:NFLX] saw its stock fall -0.74% to $977.59. Over the last five days, the stock has gained 16.05%. Netflix Inc shares have risen nearly 9.68% since the year began. Nevertheless, the stocks have risen 98.62% over the past one year. While a 52-week high of $999.00 was reached on 01/22/25, a 52-week low of $537.07 was recorded on 01/14/25. SMA at 50 days reached $888.82, while 200 days put it at $721.65.
Levels Of Support And Resistance For NFLX Stock
The 24-hour chart illustrates a support level at 968.09, which if violated will result in even more drops to 958.58. On the upside, there is a resistance level at 986.69. A further resistance level may holdings at 995.78. The Relative Strength Index (RSI) on the 14-day chart is 69.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 89.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.20%. Stochastics %K at 84.70% indicates the stock is a selling.
How much short interest is there in Netflix Inc?
A steep rise in short interest was recorded in Netflix Inc stocks on 2024-12-31, dropping by -0.52 million shares to a total of 6.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 7.42 million shares. There was a decline of -7.51%, which implies that there is a negative sentiment for the stock.
