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NBT Bank reduced Netflix stake by 4.9% amid institutional investors' increased holdings.
NBT Bank reduced its Netflix stake by 4.9%, while many institutional investors increased their holdings.
Netflix's chairman sold nearly 20,000 shares recently, and insiders sold a total of 152,700 shares in the past 90 days.
The company reported Q2 earnings of $4.88 per share, exceeding estimates, and revenue of $9.56 billion.
The stock price rose to $701.35, with a market cap of $302.28 billion and significant analyst interest.
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NBT Bank redujo la participación de Netflix en un 4,9% entre el aumento de las participaciones de los inversores institucionales.