Interactive Financial Advisors purchased a new stake in shares of Netflix, Inc. (NASDAQ:NFLX) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 976 shares of the Internet television network’s stock, valued at approximately $187,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tower Research Capital LLC TRC acquired a new position in shares of Netflix during the second quarter valued at about $1,045,000. Lincoln National Corp raised its holdings in shares of Netflix by 7.0% during the third quarter. Lincoln National Corp now owns 4,094 shares of the Internet television network’s stock valued at $742,000 after purchasing an additional 268 shares during the period. BB&T Corp raised its holdings in shares of Netflix by 20.0% during the third quarter. BB&T Corp now owns 3,857 shares of the Internet television network’s stock valued at $700,000 after purchasing an additional 642 shares during the period. Mizuho Securities USA LLC acquired a new position in shares of Netflix during the third quarter valued at about $9,793,000. Finally, AGF Investments Inc. acquired a new position in shares of Netflix during the third quarter valued at about $60,036,000. 83.27% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have recently weighed in on NFLX shares. Bank of America upped their price objective on shares of Netflix from $225.00 to $199.00 and gave the company a “buy” rating in a report on Friday, December 1st. Goldman Sachs Group set a $250.00 target price on shares of Netflix and gave the stock a “buy” rating in a report on Tuesday, November 28th. Zacks Investment Research upgraded shares of Netflix from a “hold” rating to a “buy” rating and set a $219.00 target price on the stock in a report on Monday, November 20th. Wedbush set a $93.00 target price on shares of Netflix and gave the stock a “sell” rating in a report on Tuesday, October 17th. Finally, CIBC restated an “outperform” rating and issued a $245.00 target price (up previously from $215.00) on shares of Netflix in a report on Tuesday, October 17th. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and thirty-five have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $213.56.

In related news, CEO Reed Hastings sold 91,861 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $189.03, for a total value of $17,364,484.83. Following the completion of the transaction, the chief executive officer now directly owns 91,861 shares of the company’s stock, valued at approximately $17,364,484.83. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Jonathan Friedland sold 972 shares of the firm’s stock in a transaction that occurred on Tuesday, January 16th. The stock was sold at an average price of $225.12, for a total transaction of $218,816.64. Following the completion of the transaction, the insider now directly owns 972 shares of the company’s stock, valued at $218,816.64. The disclosure for this sale can be found here. Insiders have sold a total of 258,216 shares of company stock valued at $50,391,195 over the last three months. Insiders own 4.90% of the company’s stock.

Netflix, Inc. (NASDAQ:NFLX) traded up $0.13 during trading on Monday, hitting $220.46. 10,548,500 shares of the stock were exchanged, compared to its average volume of 8,272,692. Netflix, Inc. has a 1 year low of $137.03 and a 1 year high of $226.07. The company has a market cap of $98,480.00, a P/E ratio of 222.69, a P/E/G ratio of 3.56 and a beta of 1.34. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47.

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About Netflix

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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