American Capital Advisory LLC Purchases 1,676 Shares of Netflix, Inc. (NASDAQ:NFLX)

American Capital Advisory LLC boosted its position in Netflix, Inc. (NASDAQ:NFLX) by 5,237.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,708 shares of the Internet television network’s stock after buying an additional 1,676 shares during the quarter. American Capital Advisory LLC’s holdings in Netflix were worth $1,211,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Netflix by 0.4% in the first quarter. Vanguard Group Inc. now owns 36,587,911 shares of the Internet television network’s stock valued at $22,220,936,000 after acquiring an additional 149,341 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of Netflix by 116,620.0% during the 3rd quarter. International Assets Investment Management LLC now owns 5,753,129 shares of the Internet television network’s stock worth $4,080,522,000 after purchasing an additional 5,748,200 shares during the last quarter. Baillie Gifford & Co. raised its holdings in shares of Netflix by 2.3% in the 2nd quarter. Baillie Gifford & Co. now owns 4,762,069 shares of the Internet television network’s stock valued at $3,213,825,000 after purchasing an additional 106,756 shares during the period. Legal & General Group Plc lifted its stake in Netflix by 3.1% in the 2nd quarter. Legal & General Group Plc now owns 3,449,114 shares of the Internet television network’s stock valued at $2,327,738,000 after purchasing an additional 104,332 shares during the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Netflix by 2.6% during the second quarter. Bank of New York Mellon Corp now owns 3,281,306 shares of the Internet television network’s stock worth $2,214,488,000 after purchasing an additional 83,762 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analysts Set New Price Targets

NFLX has been the subject of several research analyst reports. UBS Group lifted their target price on Netflix from $750.00 to $825.00 and gave the stock a “buy” rating in a research note on Friday, October 18th. Loop Capital upped their price objective on shares of Netflix from $750.00 to $800.00 and gave the company a “buy” rating in a report on Wednesday, October 16th. Piper Sandler restated an “overweight” rating and set a $840.00 target price (up previously from $800.00) on shares of Netflix in a research note on Friday, October 18th. Sanford C. Bernstein increased their price target on shares of Netflix from $625.00 to $780.00 and gave the company a “market perform” rating in a report on Friday, October 18th. Finally, Wedbush lifted their price target on Netflix from $725.00 to $775.00 and gave the stock an “overweight” rating in a report on Thursday, October 17th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-five have assigned a buy rating to the stock. According to MarketBeat, Netflix currently has an average rating of “Moderate Buy” and an average target price of $748.15.

Netflix Trading Up 0.5 %

Shares of NFLX stock traded up $4.20 during mid-day trading on Wednesday, reaching $768.11. 966,841 shares of the stock traded hands, compared to its average volume of 3,672,420. The company has a market cap of $328.34 billion, a price-to-earnings ratio of 43.23, a price-to-earnings-growth ratio of 1.46 and a beta of 1.25. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.62. The stock’s fifty day simple moving average is $715.67 and its two-hundred day simple moving average is $667.19. Netflix, Inc. has a 1-year low of $431.00 and a 1-year high of $773.00.

Insider Activity at Netflix

In related news, CEO Gregory K. Peters sold 4,644 shares of the business’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $700.00, for a total value of $3,250,800.00. Following the sale, the chief executive officer now owns 13,090 shares of the company’s stock, valued at $9,163,000. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, CEO Gregory K. Peters sold 4,644 shares of Netflix stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $700.00, for a total value of $3,250,800.00. Following the transaction, the chief executive officer now directly owns 13,090 shares of the company’s stock, valued at $9,163,000. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Chairman Reed Hastings sold 41,601 shares of the stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $758.06, for a total transaction of $31,536,054.06. Following the sale, the chairman now directly owns 85 shares of the company’s stock, valued at $64,435.10. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 229,477 shares of company stock worth $160,300,776 in the last quarter. 1.76% of the stock is owned by insiders.

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.