Netflix, Inc. (NASDAQ:NFLX) Stock Position Lessened by American Capital Advisory LLC

American Capital Advisory LLC lessened its position in Netflix, Inc. (NASDAQ:NFLX) by 2.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,663 shares of the Internet television network’s stock after selling 45 shares during the period. Netflix makes up 0.8% of American Capital Advisory LLC’s holdings, making the stock its 26th largest position. American Capital Advisory LLC’s holdings in Netflix were worth $1,482,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. AMF Tjanstepension AB lifted its holdings in Netflix by 7.4% in the 3rd quarter. AMF Tjanstepension AB now owns 68,460 shares of the Internet television network’s stock valued at $48,557,000 after acquiring an additional 4,701 shares during the last quarter. Brookstone Capital Management increased its holdings in shares of Netflix by 6.4% in the third quarter. Brookstone Capital Management now owns 7,486 shares of the Internet television network’s stock valued at $5,310,000 after buying an additional 447 shares in the last quarter. Patten Group Inc. increased its holdings in shares of Netflix by 42.4% in the third quarter. Patten Group Inc. now owns 857 shares of the Internet television network’s stock valued at $608,000 after buying an additional 255 shares in the last quarter. Watts Gwilliam & Co. LLC acquired a new stake in shares of Netflix during the 3rd quarter valued at $3,355,000. Finally, Beaumont Financial Advisors LLC grew its holdings in shares of Netflix by 6.4% in the 3rd quarter. Beaumont Financial Advisors LLC now owns 383 shares of the Internet television network’s stock worth $272,000 after acquiring an additional 23 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Buying and Selling at Netflix

In other news, CAO Jeffrey William Karbowski sold 480 shares of the stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $986.75, for a total transaction of $473,640.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Timothy M. Haley sold 647 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $800.19, for a total transaction of $517,722.93. The disclosure for this sale can be found here. Over the last three months, insiders sold 299,517 shares of company stock valued at $285,805,037. 1.76% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research firms recently weighed in on NFLX. The Goldman Sachs Group increased their price target on Netflix from $850.00 to $960.00 and gave the company a “neutral” rating in a research report on Wednesday, January 22nd. Morgan Stanley upped their target price on Netflix from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Jefferies Financial Group raised their price target on shares of Netflix from $780.00 to $800.00 and gave the stock a “buy” rating in a report on Friday, October 18th. UBS Group increased their target price on shares of Netflix from $1,040.00 to $1,150.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd. Finally, Macquarie upped their price target on shares of Netflix from $965.00 to $1,150.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Ten equities research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Netflix currently has an average rating of “Moderate Buy” and an average price target of $1,021.70.

Netflix Price Performance

Shares of Netflix stock opened at $1,013.93 on Friday. The firm has a market cap of $433.72 billion, a P/E ratio of 51.13, a price-to-earnings-growth ratio of 2.11 and a beta of 1.27. The firm’s 50-day simple moving average is $914.82 and its 200-day simple moving average is $787.62. Netflix, Inc. has a twelve month low of $542.01 and a twelve month high of $1,027.76. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.22 and a current ratio of 1.22.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share for the quarter, beating the consensus estimate of $4.20 by $0.07. The company had revenue of $10.25 billion for the quarter, compared to analyst estimates of $10.14 billion. Netflix had a return on equity of 38.32% and a net margin of 22.34%. The company’s revenue was up 16.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.11 EPS. As a group, research analysts expect that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

About Netflix

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.