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insider trading activity and hedge fund investments in netflix stock

Netflix's chairman sold shares at an average price of $896.60, resulting in a 99.76% decrease in his position, now owning 114 shares valued at $102,212.40. Over the past three months, insiders sold 152,198 shares worth $127.6 million, while institutional investors hold 80.93% of the stock. Analysts have raised Netflix's target price, with UBS Group setting it at $1,150, indicating a potential upside of 20.55%.

Netflix reports strong earnings as insiders sell significant shares

Netflix, Inc. reported Q3 earnings of $5.40 per share, surpassing estimates, with revenue of $9.82 billion. Insiders sold significant shares recently, while institutional investors increased their stakes, reflecting mixed sentiment. Analysts maintain a "Moderate Buy" rating with a target price averaging $764.82.
14:22 28.11.2024

kamala harris secures tech industry support to boost campaign funding

Kamala Harris has successfully re-engaged with the tech industry, attracting significant donations from prominent figures like Dustin Moskovitz and Reed Hastings, which has bolstered her campaign war chest. Her outreach includes regular roundtables with tech leaders and a focus on pro-tech policies, helping her outpace Trump in fundraising. Harris has positioned herself as a capitalist, emphasizing innovation and economic growth in her public speeches.
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