885 Shares in Netflix, Inc. (NASDAQ:NFLX) Acquired by Fielder Capital Group LLC

Fielder Capital Group LLC acquired a new stake in shares of Netflix, Inc. (NASDAQ:NFLX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 885 shares of the Internet television network’s stock, valued at approximately $431,000.

A number of other large investors have also bought and sold shares of the company. Columbia Trust Co 01012016 grew its stake in Netflix by 15.3% in the 4th quarter. Columbia Trust Co 01012016 now owns 1,566 shares of the Internet television network’s stock valued at $762,000 after buying an additional 208 shares in the last quarter. Crumly & Associates Inc. raised its stake in shares of Netflix by 4.1% during the 4th quarter. Crumly & Associates Inc. now owns 2,105 shares of the Internet television network’s stock valued at $1,025,000 after purchasing an additional 83 shares during the period. Venture Visionary Partners LLC boosted its stake in Netflix by 15.4% in the 4th quarter. Venture Visionary Partners LLC now owns 9,849 shares of the Internet television network’s stock worth $4,795,000 after purchasing an additional 1,318 shares during the period. Assenagon Asset Management S.A. grew its holdings in Netflix by 142.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 667,597 shares of the Internet television network’s stock valued at $252,085,000 after buying an additional 392,427 shares in the last quarter. Finally, Sandy Cove Advisors LLC lifted its holdings in shares of Netflix by 10.6% in the fourth quarter. Sandy Cove Advisors LLC now owns 1,187 shares of the Internet television network’s stock worth $578,000 after buying an additional 114 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Stock Performance

NFLX stock traded up $9.03 during midday trading on Tuesday, reaching $606.00. 3,487,056 shares of the company’s stock traded hands, compared to its average volume of 4,417,740. The stock’s 50-day moving average is $602.76 and its 200 day moving average is $530.17. The stock has a market cap of $261.16 billion, a P/E ratio of 41.69, a PEG ratio of 1.40 and a beta of 1.23. Netflix, Inc. has a 52-week low of $322.03 and a 52-week high of $639.00. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.62.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, April 18th. The Internet television network reported $5.28 EPS for the quarter, topping the consensus estimate of $4.51 by $0.77. The firm had revenue of $9.37 billion during the quarter, compared to analyst estimates of $9.28 billion. Netflix had a return on equity of 29.62% and a net margin of 18.42%. Netflix’s revenue was up 14.8% on a year-over-year basis. During the same period in the prior year, the business posted $2.88 EPS. As a group, analysts anticipate that Netflix, Inc. will post 18.3 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. CICC Research assumed coverage on shares of Netflix in a report on Thursday, May 2nd. They set an “outperform” rating and a $650.00 target price on the stock. Wells Fargo & Company increased their price objective on Netflix from $650.00 to $726.00 and gave the stock an “overweight” rating in a research report on Friday, April 19th. DZ Bank upgraded Netflix from a “hold” rating to a “buy” rating and set a $600.00 target price on the stock in a research note on Thursday, January 25th. Benchmark reaffirmed a “sell” rating and issued a $440.00 price objective on shares of Netflix in a research note on Thursday, April 18th. Finally, Guggenheim lifted their price objective on Netflix from $600.00 to $700.00 and gave the stock a “buy” rating in a research report on Tuesday, April 16th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and twenty-three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $631.15.

Insider Activity at Netflix

In related news, CEO Gregory K. Peters sold 1,278 shares of Netflix stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of $566.35, for a total transaction of $723,795.30. Following the transaction, the chief executive officer now owns 13,090 shares in the company, valued at approximately $7,413,521.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other news, CEO Theodore A. Sarandos sold 68,957 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $561.33, for a total transaction of $38,707,632.81. Following the completion of the sale, the chief executive officer now directly owns 1,278 shares of the company’s stock, valued at $717,379.74. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gregory K. Peters sold 1,278 shares of the firm’s stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $566.35, for a total transaction of $723,795.30. Following the completion of the transaction, the chief executive officer now directly owns 13,090 shares in the company, valued at approximately $7,413,521.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 157,141 shares of company stock worth $90,796,396. 1.76% of the stock is owned by company 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.