B & T Capital Management DBA Alpha Capital Management Buys 37 Shares of Netflix, Inc. (NASDAQ:NFLX)

B & T Capital Management DBA Alpha Capital Management increased its position in Netflix, Inc. (NASDAQ:NFLX) by 8.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 457 shares of the Internet television network’s stock after purchasing an additional 37 shares during the quarter. B & T Capital Management DBA Alpha Capital Management’s holdings in Netflix were worth $407,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. RPg Family Wealth Advisory LLC bought a new stake in shares of Netflix in the 3rd quarter valued at about $25,000. E Fund Management Hong Kong Co. Ltd. increased its holdings in Netflix by 700.0% during the third 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 period. MidAtlantic Capital Management Inc. bought a new position in Netflix in the third quarter worth approximately $37,000. FSA Wealth Management LLC purchased a new stake in Netflix during the third quarter worth $38,000. Finally, First Personal Financial Services bought a new stake in Netflix during the 3rd quarter valued at $40,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $858.10 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market capitalization of $366.80 billion, a price-to-earnings ratio of 48.56, a PEG ratio of 1.35 and a beta of 1.27. The firm’s 50 day simple moving average is $883.32 and its 200-day simple moving average is $757.20. Netflix, Inc. has a 12 month low of $476.06 and a 12 month high of $941.75.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, October 17th. The Internet television network reported $5.40 EPS for the quarter, beating the consensus estimate of $5.09 by $0.31. The company had revenue of $9.82 billion for the quarter, compared to analyst estimates of $9.77 billion. Netflix had a net margin of 20.70% and a return on equity of 35.86%. Analysts expect that Netflix, Inc. will post 19.78 EPS for the current year.

Insider Transactions at Netflix

In other Netflix news, Director Anne M. Sweeney sold 589 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $880.00, for a total transaction of $518,320.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard N. Barton sold 6,364 shares of Netflix stock in a transaction dated 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 completion of the sale, the director now owns 246 shares in the company, valued at approximately $216,327.48. This trade represents a 96.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 152,198 shares of company stock valued at $127,616,898 in the last ninety days. 1.76% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Needham & Company LLC raised their price objective on Netflix from $700.00 to $800.00 and gave the company a “buy” rating in a research report on Friday, October 18th. UBS Group lifted their price objective on shares of Netflix from $825.00 to $1,040.00 and gave the stock a “buy” rating in a research report on Thursday, December 19th. The Goldman Sachs Group increased their target price on shares of Netflix from $750.00 to $850.00 and gave the company a “neutral” rating in a research report on Wednesday, January 8th. BMO Capital Markets lifted their price target on shares of Netflix from $825.00 to $1,000.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Benchmark boosted their target price on Netflix from $555.00 to $720.00 and gave the stock a “sell” rating in a research note on Friday, January 3rd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, twenty-four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $845.06.

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.