Netflix, Inc. (NASDAQ:NFLX) Stock Holdings Lowered by Advisor OS LLC

Advisor OS LLC trimmed its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 1.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,007 shares of the Internet television network’s stock after selling 16 shares during the period. Advisor OS LLC’s holdings in Netflix were worth $898,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. RPg Family Wealth Advisory LLC acquired a new stake in Netflix during the 3rd quarter worth about $25,000. Pathway Financial Advisers LLC raised its holdings in shares of Netflix by 82.4% during the fourth quarter. Pathway Financial Advisers LLC now owns 31 shares of the Internet television network’s stock valued at $27,000 after acquiring an additional 14 shares during the period. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Netflix by 700.0% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network’s stock valued at $34,000 after acquiring an additional 42 shares in the last quarter. Newton One Investments LLC acquired a new position in Netflix in the 4th quarter worth approximately $34,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in Netflix in the 3rd quarter worth approximately $37,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Price Performance

Shares of Netflix stock opened at $990.06 on Thursday. The firm has a fifty day moving average price of $945.07 and a two-hundred day moving average price of $827.46. Netflix, Inc. has a fifty-two week low of $542.01 and a fifty-two week high of $1,064.50. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.22 and a quick ratio of 1.22. The company has a market cap of $423.51 billion, a PE ratio of 49.93, a price-to-earnings-growth ratio of 2.12 and a beta of 1.27.

Netflix (NASDAQ:NFLX) last released its earnings results 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. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The business had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $10.14 billion. During the same quarter last year, the company earned $2.11 earnings per share. The firm’s revenue was up 16.0% on a year-over-year basis. Analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on NFLX shares. StockNews.com lowered Netflix from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th. Deutsche Bank Aktiengesellschaft increased their price objective on Netflix from $650.00 to $875.00 and gave the stock a “hold” rating in a research note on Wednesday, January 22nd. Morgan Stanley lifted their target price on Netflix from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. UBS Group upped their target price on Netflix from $1,040.00 to $1,150.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. Finally, Phillip Securities cut shares of Netflix from a “hold” rating to a “moderate sell” rating in a report on Friday, January 24th. Ten equities research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,021.70.

Insider Transactions at Netflix

In other Netflix news, insider David A. Hyman sold 424 shares of the firm’s stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $994.63, for a total transaction of $421,723.12. Following the completion of the transaction, the insider now owns 31,610 shares in the company, valued at $31,440,254.30. This trade represents a 1.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Jeffrey William Karbowski sold 160 shares of Netflix stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $1,000.00, for a total value of $160,000.00. The disclosure for this sale can be found here. In the last quarter, insiders have sold 303,220 shares of company stock valued at $289,856,164. 1.76% of the stock is owned by corporate insiders.

Netflix Profile

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.