Householder Group Estate & Retirement Specialist LLC Has $123,000 Stock Holdings in Netflix, Inc. (NASDAQ:NFLX)

Householder Group Estate & Retirement Specialist LLC decreased its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 46.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 139 shares of the Internet television network’s stock after selling 123 shares during the period. Householder Group Estate & Retirement Specialist LLC’s holdings in Netflix were worth $123,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Bradley Foster & Sargent Inc. CT grew its stake in shares of Netflix by 55.1% during the second quarter. Bradley Foster & Sargent Inc. CT now owns 1,556 shares of the Internet television network’s stock valued at $1,050,000 after purchasing an additional 553 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its holdings in Netflix by 187.6% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 440 shares of the Internet television network’s stock worth $297,000 after buying an additional 287 shares in the last quarter. ProVise Management Group LLC boosted its position in Netflix by 29.3% in the 2nd quarter. ProVise Management Group LLC now owns 508 shares of the Internet television network’s stock valued at $343,000 after buying an additional 115 shares during the last quarter. Ieq Capital LLC increased its stake in shares of Netflix by 15.3% in the 2nd quarter. Ieq Capital LLC now owns 53,677 shares of the Internet television network’s stock valued at $36,226,000 after buying an additional 7,119 shares during the period. Finally, Trust Investment Advisors bought a new stake in shares of Netflix during the second quarter worth $200,000. Institutional investors own 80.93% of the company’s stock.

Insider Buying and Selling at Netflix

In other Netflix news, insider David A. Hyman sold 267 shares of the company’s stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $765.67, for a total value of $204,433.89. Following the transaction, the insider now directly owns 31,610 shares in the company, valued at $24,202,828.70. The trade was a 0.84 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Richard N. Barton sold 6,364 shares of the firm’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $879.38, for a total transaction of $5,596,374.32. Following the sale, the director now owns 246 shares of the company’s stock, valued at approximately $216,327.48. This represents a 96.28 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 152,198 shares of company stock worth $127,616,898 over the last ninety days. 1.76% of the stock is currently owned by corporate insiders.

Netflix Stock Up 1.9 %

Netflix stock opened at $858.10 on Friday. The company has a fifty day simple moving average of $883.32 and a 200 day simple moving average of $757.20. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.62. Netflix, Inc. has a 1-year low of $476.06 and a 1-year high of $941.75. The company has a market cap of $366.80 billion, a P/E ratio of 48.56, a price-to-earnings-growth ratio of 1.35 and a beta of 1.27.

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

Analyst Upgrades and Downgrades

NFLX has been the subject of several recent research reports. Oppenheimer dropped their price objective on Netflix from $1,065.00 to $1,040.00 and set an “outperform” rating for the company in a report on Wednesday. Macquarie increased their price objective on shares of Netflix from $795.00 to $965.00 and gave the company an “outperform” rating in a report on Monday, January 13th. UBS Group lifted their target price on shares of Netflix from $825.00 to $1,040.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Piper Sandler increased their price target on Netflix from $840.00 to $950.00 and gave the company an “overweight” rating in a research note on Tuesday. Finally, Guggenheim raised their price target on Netflix from $825.00 to $950.00 and gave the stock a “buy” rating in a research report on Monday, January 13th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating, twenty-four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $845.06.

About Netflix

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.