Netflix Inc. (NFLX) and The PNC Financial Services Group Inc. (PNC) Are Smart Investing Options

On Dec 23, HASTINGS REED, CEO exercised an option 95,578 shares of Netflix Inc. (NASDAQ: NFLX), with the average selling price of the stock being $8.72 per share. The total amount realized from this exercised an option $833,306. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.

In addition to that, CEO – HASTINGS REED sold an extra 95,578 shares of this stock in a transaction that took place a day before, on Dec 23, with a share sold at an average of $333.52 and a total of $31,876,755 was realized from this transaction. After the transaction, the CEO – HASTINGS REED was left with 0 shares of the company’s stock, which is currently worth around $0.0.

The recent price movement of NFLX means that it is now down by -12.16% from its 52-week high and 34.40% up against its 52-week low prices. Over the past one week, the price volatility of NFLX stands at 2.75% while the volatility over the past one month is 2.42%. The beta score for this stock is 1.47. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 10/16/2019 published its latest quarterly earnings, with the report showing that the company recorded 0.3 earnings per share (EPS) during that period. This report was above the expectations of analysts of 0.24 by 0.06. The revenue by the firm was 5.45B for the quarter.

The shares of Netflix Inc. (NFLX) gained by 0.11%, leading to a gain of $0.38 per share, and saw NFLX end the trading session at $339.07 on Wednesday 01/15/20. NFLX started the trading session at $338.68, before reaching a daily high of $343.17. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $336.60.

The trading volume on Wednesday stood at 5076211, which was below the stock’s 3-month average volume of 7.01 million shares, out of a total 431.05M shares. As the price of the stock climbed, the market valuation of the company gained to 151.58 billion.

The shares of The PNC Financial Services Group Inc. (NYSE: PNC) went down by -3.63% by the end of the recent trading session. This movement saw its price plunge to close at $154.08, which was lower than the previous closing price of $159.88. Over the past one week, the price of PNC has slipped by -3.03%, while it has recorded a loss of -2.87% over the past one month. Its three-month performance saw PNC gain 8.61% while its six-month performance saw it surge by 10.31%. The situation is different though over the past one year, as the stock price went up by 27.21%, while its year-to-date (YTD) price performance slipped by -3.48%. The stock price has gone up by +10.12% compared to its 90-day low, while it is down -4.77% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Hold. In the short-term, the stock has a 20-day average volume of 1,871,300 shares, with the short-term indicators averagely rating the stock as a 50% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 1,795,224 shares and the indicators have an average rating of 50% Buy. The last indicators, the long-term see PNC stock with a 100-Day average volume of 1,838,009 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves PNC with an average rating of 64% Buy.

Several brokerage firms sent out their reports PNC stock not long ago. In its report sent out on January 09, 2020, BofA/Merrill lowered its ratings on PNC from a Neutral to a Buy. In an earlier report on December 09, 2019, RBC Capital Mkts Downgrade the stock from a Top Pick to a Outperform. Odeon meanwhile in its report on November 25, 2019 Initiated its rating of the stock to “Hold”.

In related news to the company’s stock, around 83.40% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 1271 institutions currently hold the PNC stock. In the last quarter, a 358,658,613 PNC shares were in the possession of institutions. On the other hand, the company recorded 75 new institutions who bought it their stock, while 65 institutions sold their entire PNC reserve. Of the current institutions investing in the stock, 496 increased their investment while 543 decreased their investment in the stock.