Syntal Capital Partners LLC raised its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 81.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,127 shares of the Internet television network’s stock after acquiring an additional 3,649 shares during the quarter. Syntal Capital Partners LLC’s holdings in Netflix were worth $1,560,000 as of its most recent SEC filing.
Other large investors have also bought and sold shares of the company. Balentine LLC raised its holdings in Netflix by 1,020.4% during the third quarter. Balentine LLC now owns 549 shares of the Internet television network’s stock valued at $100,000 after acquiring an additional 500 shares during the period. Aviance Capital Management LLC bought a new stake in Netflix during the second quarter valued at about $137,000. Harfst & Associates Inc. raised its holdings in Netflix by 36.8% during the second quarter. Harfst & Associates Inc. now owns 1,015 shares of the Internet television network’s stock valued at $151,000 after acquiring an additional 273 shares during the period. Steward Partners Investment Advisory LLC bought a new stake in Netflix during the third quarter valued at about $171,000. Finally, Grove Bank & Trust raised its holdings in Netflix by 249.6% during the third quarter. Grove Bank & Trust now owns 958 shares of the Internet television network’s stock valued at $174,000 after acquiring an additional 684 shares during the period. 83.27% of the stock is currently owned by institutional investors and hedge funds.
In other Netflix news, Director Ann Mather sold 3,885 shares of the company’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $200.00, for a total value of $777,000.00. Following the sale, the director now directly owns 1,015 shares of the company’s stock, valued at $203,000. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Jonathan Friedland sold 972 shares of the company’s stock in a transaction on Tuesday, January 16th. The shares were sold at an average price of $225.12, for a total transaction of $218,816.64. Following the completion of the sale, the insider now directly owns 972 shares in the company, valued at $218,816.64. The disclosure for this sale can be found here. Over the last three months, insiders sold 341,551 shares of company stock worth $66,457,350. 4.90% of the stock is owned by insiders.
Netflix, Inc. (NASDAQ NFLX) traded up $2.83 during midday trading on Thursday, hitting $220.33. The company had a trading volume of 8,209,904 shares, compared to its average volume of 6,590,000. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.20 and a current ratio of 1.20. Netflix, Inc. has a 52-week low of $131.06 and a 52-week high of $226.07. The firm has a market cap of $95,340.00, a P/E ratio of 222.56, a price-to-earnings-growth ratio of 3.59 and a beta of 1.34.
Netflix (NASDAQ:NFLX) last released its earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share (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 during the quarter, compared to analyst estimates of $2.97 billion. During the same period in the previous year, the company earned $0.12 earnings per share. Netflix’s revenue was up 30.3% on a year-over-year basis. sell-side analysts predict that Netflix, Inc. will post 1.25 earnings per share for the current year.
A number of equities research analysts have commented on the company. B. Riley reissued a “neutral” rating on shares of Netflix in a report on Wednesday, November 1st. Morgan Stanley reissued an “overweight” rating and set a $255.00 price target (up from $235.00) on shares of Netflix in a report on Thursday. Buckingham Research lifted their target price on Netflix from $235.00 to $251.00 and gave the stock an “in-line” rating in a report on Thursday. Loop Capital lifted their target price on Netflix to $252.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Wedbush reaffirmed a “hold” rating and issued a $190.00 target price (up from $180.00) on shares of Netflix in a report on Wednesday, October 18th. One research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and thirty-five have given a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus price target of $213.07.
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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.
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