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Arcadia Investment cut its Netflix stake by 4.4%, while insiders sold $142 million in shares.
Arcadia Investment Management reduced its Netflix holdings by 4.4%, while DigitalBridge Group and British Columbia Investment Management increased theirs significantly.
Insiders, including CEO Gregory Peters, sold a total of 209,810 shares valued at $142 million.
Analysts' ratings and price targets for Netflix vary, with JPMorgan raising its target to $850 and others providing mixed assessments.
Netflix's market cap is $323.20 billion, with a P/E ratio of 42.79.
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Arcadia Investment redujo su participación en Netflix en un 4,4%, mientras que internautas vendieron $142 millones en acciones.