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Evermay Wealth Management boosts Netflix stock holdings, despite recent insider sales and high P/E ratio.
Evermay Wealth Management LLC increased its Netflix stock holdings by 23.7%, acquiring 184 shares to total 962 shares worth $897,000.
Netflix reported Q1 earnings of $7.19 per share, beating expectations by $0.12.
Insiders sold a total of 185,923 shares over the last ninety days.
Analysts predict Netflix will post 24.58 EPS for the year.
Netflix's stock price is at $1,180.49, with a market cap of $501.63 billion and a P/E ratio of 50.30.
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Evermay Wealth Management aumenta las tenencias de acciones de Netflix, a pesar de las recientes ventas internas y la alta relación P/E.