Aperio Group LLC Boosts Stake in Netflix, Inc. (NFLX)

Aperio Group LLC boosted its stake in Netflix, Inc. (NASDAQ:NFLX) by 7.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 201,379 shares of the Internet television network’s stock after acquiring an additional 14,782 shares during the quarter. Aperio Group LLC’s holdings in Netflix were worth $36,520,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. FMR LLC increased its stake in Netflix by 12.4% in the 2nd quarter. FMR LLC now owns 23,633,237 shares of the Internet television network’s stock valued at $3,531,042,000 after buying an additional 2,605,731 shares during the last quarter. Janus Henderson Group PLC increased its stake in Netflix by 3,478.1% in the 2nd quarter. Janus Henderson Group PLC now owns 2,041,458 shares of the Internet television network’s stock valued at $305,014,000 after buying an additional 1,984,404 shares during the last quarter. Jennison Associates LLC increased its stake in Netflix by 14.0% in the 2nd quarter. Jennison Associates LLC now owns 14,784,089 shares of the Internet television network’s stock valued at $2,208,891,000 after buying an additional 1,814,056 shares during the last quarter. Vanguard Group Inc. increased its stake in Netflix by 3.5% in the 1st quarter. Vanguard Group Inc. now owns 27,161,082 shares of the Internet television network’s stock valued at $4,014,680,000 after buying an additional 921,283 shares during the last quarter. Finally, Los Angeles Capital Management & Equity Research Inc. increased its stake in Netflix by 22,622.2% in the 2nd quarter. Los Angeles Capital Management & Equity Research Inc. now owns 814,592 shares of the Internet television network’s stock valued at $121,708,000 after buying an additional 811,007 shares during the last quarter. 80.68% of the stock is currently owned by institutional investors and hedge funds.

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In other Netflix news, CEO Reed Hastings sold 93,380 shares of Netflix stock in a transaction that occurred on Monday, August 21st. The shares were sold at an average price of $166.07, for a total transaction of $15,507,616.60. Following the completion of the sale, the chief executive officer now directly owns 93,380 shares in the company, valued at $15,507,616.60. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Richard N. Barton sold 2,000 shares of Netflix stock in a transaction that occurred on Tuesday, August 29th. The shares were sold at an average price of $165.72, for a total transaction of $331,440.00. Following the sale, the director now owns 8,012 shares of the company’s stock, valued at $1,327,748.64. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 342,372 shares of company stock valued at $63,255,427. 4.90% of the stock is currently owned by company insiders.

Several research analysts have recently weighed in on NFLX shares. FBR & Co restated a “market perform” rating and set a $172.00 price objective (up from $145.00) on shares of Netflix in a research note on Friday, July 14th. Cowen and Company restated an “outperform” rating and set a $197.00 price objective (up from $170.00) on shares of Netflix in a research note on Friday, July 14th. BidaskClub upgraded shares of Netflix from a “hold” rating to a “buy” rating in a research note on Sunday, July 16th. Vetr lowered shares of Netflix from a “buy” rating to a “hold” rating and set a $164.65 price objective on the stock. in a research note on Monday, July 17th. Finally, Instinet restated a “buy” rating and set a $175.00 price objective (up from $165.00) on shares of Netflix in a research note on Monday, July 17th. One analyst has rated the stock with a sell rating, seventeen have issued a hold rating and thirty-three have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $207.20.

Shares of Netflix, Inc. (NASDAQ NFLX) traded down $1.88 during trading hours on Friday, reaching $192.02. 6,622,100 shares of the company traded hands, compared to its average volume of 6,742,400. The stock has a market capitalization of $83,906.56, a PE ratio of 195.86, a P/E/G ratio of 5.70 and a beta of 1.39. Netflix, Inc. has a 12 month low of $110.68 and a 12 month high of $204.38. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.47.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Monday, October 16th. The Internet television network reported $0.29 EPS for the quarter, missing the consensus estimate of $0.32 by ($0.03). Netflix had a net margin of 4.04% and a return on equity of 14.56%. The firm had revenue of $2.99 billion for the quarter, compared to analysts’ expectations of $2.97 billion. During the same period in the prior year, the firm posted $0.12 EPS. Netflix’s revenue was up 30.3% on a year-over-year basis. equities analysts anticipate that Netflix, Inc. will post 1.28 earnings per share for the current year.

Netflix Company Profile

Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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