denkapparat Operations GmbH Purchases Shares of 836 Netflix, Inc. (NASDAQ:NFLX)

denkapparat Operations GmbH acquired a new position in Netflix, Inc. (NASDAQ:NFLX) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 836 shares of the Internet television network’s stock, valued at approximately $745,000. Netflix makes up 1.1% of denkapparat Operations GmbH’s holdings, making the stock its 14th largest holding.

Several other institutional investors have also modified their holdings of NFLX. Premier Fund Managers Ltd acquired a new stake in Netflix in the 4th quarter valued at about $10,848,000. New Age Alpha Advisors LLC lifted its stake in Netflix by 23,012.5% during the fourth quarter. New Age Alpha Advisors LLC now owns 3,698 shares of the Internet television network’s stock valued at $3,296,000 after purchasing an additional 3,682 shares during the last quarter. Norges Bank bought a new stake in Netflix during the fourth quarter worth approximately $5,019,087,000. Caisse Des Depots ET Consignations acquired a new position in Netflix in the fourth quarter worth approximately $1,932,000. Finally, AssuredPartners Investment Advisors LLC bought a new position in shares of Netflix in the fourth quarter valued at $309,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Trading Up 0.6 %

Shares of Netflix stock opened at $976.72 on Friday. The stock has a market capitalization of $417.80 billion, a P/E ratio of 49.25, a price-to-earnings-growth ratio of 2.12 and a beta of 1.38. Netflix, Inc. has a 12-month low of $542.01 and a 12-month high of $1,064.50. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.56. The company has a 50-day simple moving average of $970.22 and a 200 day simple moving average of $864.96.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share for the quarter, topping the consensus estimate of $4.20 by $0.07. The company had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10.14 billion. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The company’s revenue was up 16.0% on a year-over-year basis. During the same quarter last year, the business posted $2.11 earnings per share. Research analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Buying and Selling at Netflix

In other news, Chairman Reed Hastings sold 35,868 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $888.08, for a total transaction of $31,853,653.44. Following the transaction, the chairman now directly owns 114 shares in the company, valued at approximately $101,241.12. This represents a 99.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Jeffrey William Karbowski sold 480 shares of the stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $986.75, for a total value of $473,640.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 288,583 shares of company stock worth $279,611,567. 1.76% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have recently weighed in on NFLX. Macquarie raised their price objective on Netflix from $965.00 to $1,150.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 22nd. Evercore ISI boosted their price objective on Netflix from $950.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. FBN Securities started coverage on shares of Netflix in a report on Thursday. They issued an “outperform” rating and a $1,165.00 target price for the company. StockNews.com lowered shares of Netflix from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th. Finally, Seaport Res Ptn raised shares of Netflix from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. Ten investment analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,021.02.

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.