Netflix, Inc (NASDAQ:NFLX) lifted the yearly reward of Chairman and CEO Reed Hastings to $4 million.
The Los Gatos, California-based Netflix reported in a regulatory filing on Friday that Hastings will get $2 million in salary in 2013, along with $2 million in stock options.
Executive of the world’s biggest video-subscription service got a $500,000 salary current year and $1.5 million in option allowances, a drop in stock reward from 2011.
Shares of Netflix hiked 29% in 2012, with one trading day left in the year.
Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Comcast Corporation (NASDAQ:CMCSA) fell -0.78% to settle at $36.54, Coinstar, Inc. (NASDAQ:CSTR) moved up +0.18% to end at $50.43 while CBS Corporation (NYSE:CBS) dropped -1.15% to finish at $36.85 on Friday.
Netflix, Inc. (NASDAQ:NFLX) on Dec 28, 2012 decreased -1.29% to the closing price of $89.33. The overall volume in the last trading session was 1.59 million shares. Its fifty two weeks range was $52.81 – $133.43. The total market capitalization remained at $4.96 billion.
NFLX is ahead of its 52-week low with 69.15% and lagging behind from its 52-week high price with -33.05%. NFLX’s last month’s stock price volatility remained 4.76%. In its share capital NFLX has 55.55 million outstanding shares, among them 54.27 million shares have been floated in market exchange. NFLX’s stock’s institutional ownership remained 89.49% while insider ownership included 12.93%.
The stock price of NFLX is moving forward from its 20 days moving average with 0.98% and remote positively from 50 days moving average with 10.96%. NFLX’s current year’s earnings per share experienced an addition with 40.42% while its current quarter performance remained at 62.04%. Company’s beta coefficient included 0.55. Beta factors measure the amount of market risk associated with market trade.
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