Netflix stock up in Friday trading

New survey, board member's purchase boost share price

Shares of Netflix got a bump Friday as a board member loaded up on more stock and a new survey said the service was back in consumers’ good graces after some strategic missteps last year.

Netflix director Jay Hoag’s Technology Crossover Venture acquired 200,000 shares of the online video company earlier this month for over $14 million, according to a Netflix filing with the Securities and Exchange Commission.

The shares surged as much as 8% in midday trading before settling to a gain of 6.41% at $77.09. Earlier Friday, research firm ForSee said Netflix scored higher in a recent satisfaction poll than it did last December after a price hike and move to split up the DVD mail rental and streaming business. The study by the Ann Arbor, Mich. group ranks the top 100 online retailers. Netflix had plummeted in a holiday study.

More TV

  • Morgan Spurlock Sexual Misconduct

    Morgan Spurlock's TNT Series 'Who Rules the World' Halts Production

    Shares of Netflix got a bump Friday as a board member loaded up on more stock and a new survey said the service was back in consumers’ good graces after some strategic missteps last year. Netflix director Jay Hoag’s Technology Crossover Venture acquired 200,000 shares of the online video company earlier this month for over […]

  • George Clooney Matt Charman

    Watergate Series in the Works at Netflix From George Clooney, Matt Charman

    Shares of Netflix got a bump Friday as a board member loaded up on more stock and a new survey said the service was back in consumers’ good graces after some strategic missteps last year. Netflix director Jay Hoag’s Technology Crossover Venture acquired 200,000 shares of the online video company earlier this month for over […]

  • The Chi

    TV News Roundup: Showtime Offers Early Look at Series Premiere of 'The Chi'

    Shares of Netflix got a bump Friday as a board member loaded up on more stock and a new survey said the service was back in consumers’ good graces after some strategic missteps last year. Netflix director Jay Hoag’s Technology Crossover Venture acquired 200,000 shares of the online video company earlier this month for over […]

  • Sam Esmail Remote Controlled Podcast

    Remote Controlled: 'Mr. Robot' Creator Reflects on Season 3, Previews Season 4

    Shares of Netflix got a bump Friday as a board member loaded up on more stock and a new survey said the service was back in consumers’ good graces after some strategic missteps last year. Netflix director Jay Hoag’s Technology Crossover Venture acquired 200,000 shares of the online video company earlier this month for over […]

  • Thomas Ferguson

    Endemol Shine Names Thomas Ferguson VP of Licensing, Partnerships

    Shares of Netflix got a bump Friday as a board member loaded up on more stock and a new survey said the service was back in consumers’ good graces after some strategic missteps last year. Netflix director Jay Hoag’s Technology Crossover Venture acquired 200,000 shares of the online video company earlier this month for over […]

  • Bob Iger Rupert Murdoch

    International Newswire: So Where Does Disney-Fox Pact Leave International?

    Shares of Netflix got a bump Friday as a board member loaded up on more stock and a new survey said the service was back in consumers’ good graces after some strategic missteps last year. Netflix director Jay Hoag’s Technology Crossover Venture acquired 200,000 shares of the online video company earlier this month for over […]

More From Our Brands

Access exclusive content