Capital Analysts LLC increased its stake in Netflix, Inc. (NASDAQ:NFLX) by 109.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,857 shares of the Internet television network’s stock after purchasing an additional 970 shares during the quarter. Capital Analysts LLC’s holdings in Netflix were worth $695,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HPM Partners LLC boosted its holdings in shares of Netflix by 30.2% in the 2nd quarter. HPM Partners LLC now owns 3,896 shares of the Internet television network’s stock valued at $1,525,000 after buying an additional 904 shares during the last quarter. Morgan Stanley boosted its holdings in shares of Netflix by 1.6% in the 2nd quarter. Morgan Stanley now owns 2,364,657 shares of the Internet television network’s stock valued at $925,600,000 after buying an additional 37,425 shares during the last quarter. Private Capital Group LLC boosted its holdings in shares of Netflix by 33.1% in the 2nd quarter. Private Capital Group LLC now owns 744 shares of the Internet television network’s stock valued at $291,000 after buying an additional 185 shares during the last quarter. Mackay Shields LLC boosted its holdings in shares of Netflix by 3.0% in the 2nd quarter. Mackay Shields LLC now owns 169,338 shares of the Internet television network’s stock valued at $66,284,000 after buying an additional 4,917 shares during the last quarter. Finally, Iron Financial LLC acquired a new stake in shares of Netflix in the 2nd quarter valued at approximately $579,000. 74.02% of the stock is owned by institutional investors.

NFLX stock opened at $294.40 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 1.39 and a debt-to-equity ratio of 1.66. The firm has a market cap of $132.34 billion, a price-to-earnings ratio of 235.52, a PEG ratio of 3.84 and a beta of 1.18. Netflix, Inc. has a fifty-two week low of $178.38 and a fifty-two week high of $423.21.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, October 16th. The Internet television network reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.21. The firm had revenue of $4 billion for the quarter, compared to analysts’ expectations of $3.99 billion. Netflix had a return on equity of 29.52% and a net margin of 8.48%. The company’s quarterly revenue was up 34.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.29 EPS. As a group, equities analysts expect that Netflix, Inc. will post 2.63 EPS for the current fiscal year.

In related news, CFO David B. Wells sold 1,000 shares of the firm’s stock in a transaction on Monday, November 12th. The stock was sold at an average price of $299.77, for a total value of $299,770.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Reed Hastings sold 77,672 shares of the firm’s stock in a transaction on Monday, August 20th. The stock was sold at an average price of $323.01, for a total value of $25,088,832.72. Following the completion of the transaction, the chief executive officer now owns 77,672 shares in the company, valued at approximately $25,088,832.72. The disclosure for this sale can be found here. Insiders sold 335,142 shares of company stock worth $113,622,164 in the last 90 days. 4.29% of the stock is owned by company insiders.

Several equities research analysts have issued reports on NFLX shares. Macquarie set a $410.00 price target on Netflix and gave the company a “buy” rating in a report on Monday, October 29th. BidaskClub downgraded Netflix from a “buy” rating to a “hold” rating in a report on Saturday, October 6th. Goldman Sachs Group set a $470.00 price target on Netflix and gave the company a “buy” rating in a report on Tuesday, October 2nd. JPMorgan Chase & Co. reaffirmed a “buy” rating and set a $415.00 price target on shares of Netflix in a report on Friday, October 12th. Finally, Wedbush reaffirmed a “sell” rating and set a $125.00 price target on shares of Netflix in a report on Friday, October 12th. Five analysts have rated the stock with a sell rating, ten have issued a hold rating and thirty-one have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $378.74.

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Netflix Profile

Netflix, Inc, an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. It operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. The company offers TV shows and movies, including original series, documentaries, and feature films.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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