Toth Financial Advisory Corp Has $1.39 Million Holdings in Netflix, Inc. (NASDAQ:NFLX)

Toth Financial Advisory Corp trimmed its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 1.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,564 shares of the Internet television network’s stock after selling 31 shares during the quarter. Toth Financial Advisory Corp’s holdings in Netflix were worth $1,394,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. RPg Family Wealth Advisory LLC acquired a new position in shares of Netflix during the 3rd quarter valued at about $25,000. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of Netflix by 700.0% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network’s stock worth $34,000 after buying an additional 42 shares during the last quarter. Decker Retirement Planning Inc. acquired a new position in Netflix during the 4th quarter worth $43,000. MidAtlantic Capital Management Inc. acquired a new stake in Netflix in the 3rd quarter valued at approximately $37,000. Finally, FSA Wealth Management LLC bought a new position in shares of Netflix during the 3rd quarter worth about $38,000. 80.93% of the stock is currently owned by institutional investors.

Netflix Price Performance

Shares of NFLX stock opened at $977.59 on Friday. The firm’s 50 day moving average price is $895.13 and its two-hundred day moving average price is $766.98. The stock has a market cap of $417.88 billion, a PE ratio of 49.30, a PEG ratio of 1.53 and a beta of 1.27. Netflix, Inc. has a 52-week low of $542.01 and a 52-week high of $999.00. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 1.22.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Tuesday, January 21st. The Internet television network reported $4.27 EPS for the quarter, topping analysts’ consensus estimates of $4.20 by $0.07. Netflix had a return on equity of 38.32% and a net margin of 22.34%. The business had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $10,141,900 billion. During the same period in the previous year, the firm earned $2.11 earnings per share. The firm’s quarterly revenue was up 16.0% compared to the same quarter last year. As a group, analysts forecast that Netflix, Inc. will post 23.72 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NFLX. StockNews.com lowered Netflix from a “buy” rating to a “hold” rating in a report on Thursday. Morgan Stanley increased their price objective on shares of Netflix from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Wednesday. The Goldman Sachs Group upped their target price on shares of Netflix from $850.00 to $960.00 and gave the company a “neutral” rating in a research note on Wednesday. Oppenheimer raised their price target on shares of Netflix from $1,040.00 to $1,150.00 and gave the stock an “outperform” rating in a research note on Wednesday. Finally, Loop Capital upped their price objective on Netflix from $925.00 to $1,000.00 and gave the company a “hold” rating in a research note on Wednesday. Nine equities research analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,009.29.

Insider Transactions at Netflix

In other Netflix news, Director Anne M. Sweeney sold 589 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $880.00, for a total value of $518,320.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Jay C. Hoag sold 617 shares of the firm’s stock in a transaction dated Thursday, January 23rd. The stock was sold at an average price of $979.71, for a total value of $604,481.07. The disclosure for this sale can be found here. In the last ninety days, insiders sold 147,117 shares of company stock worth $123,913,691. 1.76% of the stock is currently 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.