376 Shares in Netflix, Inc. (NASDAQ:NFLX) Purchased by PFW Advisors LLC

PFW Advisors LLC bought a new stake in Netflix, Inc. (NASDAQ:NFLX) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 376 shares of the Internet television network’s stock, valued at approximately $335,000.

Other institutional investors have also recently bought and sold shares of the company. RPg Family Wealth Advisory LLC bought a new stake in shares of Netflix in the third quarter worth $25,000. E Fund Management Hong Kong Co. Ltd. increased its stake in 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 buying an additional 42 shares during the last quarter. MidAtlantic Capital Management Inc. bought a new stake in Netflix during the 3rd quarter worth about $37,000. FSA Wealth Management LLC acquired a new position in shares of Netflix during the 3rd quarter worth about $38,000. Finally, First Personal Financial Services bought a new position in shares of Netflix in the 3rd quarter valued at about $40,000. Institutional investors own 80.93% of the company’s stock.

Insider Activity at Netflix

In related news, Director Richard N. Barton sold 6,364 shares of Netflix stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $879.38, for a total transaction of $5,596,374.32. Following the sale, the director now directly owns 246 shares of the company’s stock, valued at approximately $216,327.48. The trade was a 96.28 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Gregory K. Peters sold 4,186 shares of the stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $750.00, for a total transaction of $3,139,500.00. Following the completion of the transaction, the chief executive officer now directly owns 13,090 shares of the company’s stock, valued at approximately $9,817,500. The trade was a 24.23 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 156,742 shares of company stock valued at $131,030,268 over the last three months. 1.76% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently issued reports on NFLX shares. Canaccord Genuity Group upped their target price on Netflix from $760.00 to $940.00 and gave the stock a “hold” rating in a report on Monday, December 2nd. Sanford C. Bernstein upped their price objective on Netflix from $625.00 to $780.00 and gave the stock a “market perform” rating in a research note on Friday, October 18th. Macquarie raised their target price on shares of Netflix from $795.00 to $965.00 and gave the company an “outperform” rating in a research note on Monday. BMO Capital Markets restated an “outperform” rating and set a $825.00 target price (up from $770.00) on shares of Netflix in a report on Friday, October 18th. Finally, Morgan Stanley increased their price target on shares of Netflix from $820.00 to $830.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and twenty-four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $832.94.

Netflix Stock Up 0.3 %

Shares of NASDAQ NFLX opened at $840.29 on Tuesday. The stock has a market capitalization of $359.19 billion, a P/E ratio of 47.55, a PEG ratio of 1.77 and a beta of 1.27. The stock’s fifty day moving average is $879.75 and its 200 day moving average is $754.88. Netflix, Inc. has a 52 week low of $475.26 and a 52 week high of $941.75. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.13 and a current ratio of 1.13.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Thursday, October 17th. The Internet television network reported $5.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.09 by $0.31. The firm had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.77 billion. Netflix had a net margin of 20.70% and a return on equity of 35.86%. Sell-side analysts forecast that Netflix, Inc. will post 19.78 earnings per share for the current fiscal year.

Netflix Company 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.