DGS Capital Management LLC Has $523,000 Stock Holdings in Netflix, Inc. (NASDAQ:NFLX)

DGS Capital Management LLC grew its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 4.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,074 shares of the Internet television network’s stock after buying an additional 41 shares during the quarter. DGS Capital Management LLC’s holdings in Netflix were worth $523,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Netflix during the fourth quarter worth $1,501,762,000. Moneta Group Investment Advisors LLC increased its position in shares of Netflix by 117,939.1% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 2,742,048 shares of the Internet television network’s stock worth $808,575,000 after acquiring an additional 2,739,725 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of Netflix by 15,039.1% during the fourth quarter. International Assets Investment Management LLC now owns 2,075,569 shares of the Internet television network’s stock worth $1,010,553,000 after acquiring an additional 2,061,859 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Netflix by 202.7% during the second quarter. Alliancebernstein L.P. now owns 1,790,092 shares of the Internet television network’s stock worth $788,518,000 after acquiring an additional 1,198,774 shares in the last quarter. Finally, Barclays PLC increased its position in shares of Netflix by 113.1% during the second quarter. Barclays PLC now owns 1,869,385 shares of the Internet television network’s stock worth $823,446,000 after acquiring an additional 992,193 shares in the last quarter. 80.93% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, insider David A. Hyman sold 47,574 shares of Netflix stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $537.92, for a total value of $25,591,006.08. Following the transaction, the insider now directly owns 31,610 shares of the company’s stock, valued at $17,003,651.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director Jay C. Hoag sold 47,000 shares of the business’s stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $550.50, for a total transaction of $25,873,500.00. Following the sale, the director now owns 431,034 shares in the company, valued at approximately $237,284,217. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider David A. Hyman sold 47,574 shares of the business’s stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $537.92, for a total transaction of $25,591,006.08. Following the sale, the insider now owns 31,610 shares in the company, valued at approximately $17,003,651.20. The disclosure for this sale can be found here. Insiders have sold a total of 268,335 shares of company stock valued at $151,619,811 over the last three months. 2.45% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

NFLX has been the subject of several research reports. Macquarie increased their price objective on shares of Netflix from $595.00 to $685.00 and gave the stock an “outperform” rating in a research report on Tuesday. Bank of America raised their target price on shares of Netflix from $585.00 to $650.00 and gave the company a “buy” rating in a research report on Wednesday, January 24th. Benchmark raised their target price on shares of Netflix from $350.00 to $425.00 and gave the company a “sell” rating in a research report on Friday, January 19th. Sanford C. Bernstein raised their target price on shares of Netflix from $390.00 to $490.00 and gave the company a “market perform” rating in a research report on Wednesday, January 24th. Finally, The Goldman Sachs Group raised their target price on shares of Netflix from $500.00 to $565.00 and gave the company a “neutral” rating in a research report on Wednesday, January 24th. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twenty-three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $603.48.

Netflix Price Performance

Netflix stock traded up $11.67 during mid-day trading on Tuesday, hitting $618.82. 1,820,218 shares of the company traded hands, compared to its average volume of 4,229,883. Netflix, Inc. has a one year low of $315.62 and a one year high of $639.00. The stock has a market cap of $267.80 billion, a price-to-earnings ratio of 51.70, a price-to-earnings-growth ratio of 1.69 and a beta of 1.22. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a fifty day moving average price of $602.41 and a 200-day moving average price of $508.76.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Tuesday, January 23rd. The Internet television network reported $2.11 EPS for the quarter, missing the consensus estimate of $2.20 by ($0.09). Netflix had a return on equity of 24.76% and a net margin of 16.04%. The business had revenue of $8.83 billion for the quarter, compared to analysts’ expectations of $8.72 billion. During the same period last year, the business posted $0.12 earnings per share. The company’s revenue was up 12.5% compared to the same quarter last year. On average, equities analysts predict that Netflix, Inc. will post 17.02 earnings per share for the current fiscal year.

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.