Brandywine Oak Private Wealth LLC Has $789,000 Holdings in Netflix, Inc. (NASDAQ:NFLX)

Brandywine Oak Private Wealth LLC raised its stake in Netflix, Inc. (NASDAQ:NFLX) by 2.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 885 shares of the Internet television network’s stock after acquiring an additional 24 shares during the period. Brandywine Oak Private Wealth LLC’s holdings in Netflix were worth $789,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. RPg Family Wealth Advisory LLC bought a new stake in Netflix during the third quarter valued at $25,000. Newton One Investments LLC bought a new stake in Netflix during the 4th quarter worth approximately $34,000. Princeton Global Asset Management LLC lifted its stake in Netflix by 51.6% during the 4th quarter. Princeton Global Asset Management LLC now owns 47 shares of the Internet television network’s stock valued at $42,000 after acquiring an additional 16 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its position in shares of Netflix by 700.0% during the 3rd 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 in the last quarter. Finally, Decker Retirement Planning Inc. bought a new stake in shares of Netflix during the 4th quarter worth $43,000. Institutional investors own 80.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Jefferies Financial Group lifted their target price on shares of Netflix from $780.00 to $800.00 and gave the stock a “buy” rating in a research note on Friday, October 18th. UBS Group increased their target price on shares of Netflix from $1,040.00 to $1,150.00 and gave the stock a “buy” rating in a report on Wednesday, January 22nd. BMO Capital Markets reiterated an “outperform” rating and issued a $1,175.00 price objective (up previously from $1,000.00) on shares of Netflix in a report on Wednesday, January 22nd. Piper Sandler reaffirmed an “overweight” rating and set a $1,100.00 price objective (up previously from $950.00) on shares of Netflix in a research report on Wednesday, January 22nd. Finally, The Goldman Sachs Group increased their price target on shares of Netflix from $850.00 to $960.00 and gave the company a “neutral” rating in a report on Wednesday, January 22nd. Ten investment analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,021.70.

Netflix Stock Up 1.6 %

Netflix stock opened at $1,011.11 on Thursday. Netflix, Inc. has a 52 week low of $542.01 and a 52 week high of $1,011.83. The firm has a market cap of $432.51 billion, a price-to-earnings ratio of 50.99, a price-to-earnings-growth ratio of 2.02 and a beta of 1.27. The business’s 50-day moving average price is $909.38 and its 200 day moving average price is $784.44. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.56.

Netflix (NASDAQ:NFLX) last posted its earnings results on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.20 by $0.07. The firm had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $10.14 billion. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The business’s revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the business posted $2.11 EPS. As a group, sell-side analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Gregory K. Peters sold 9,975 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $1,001.00, for a total transaction of $9,984,975.00. Following the completion of the sale, the chief executive officer now directly owns 12,950 shares in the company, valued at approximately $12,962,950. The trade was a 43.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Timothy M. Haley sold 647 shares of the firm’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $800.19, for a total value of $517,722.93. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 291,585 shares of company stock worth $277,777,833. 1.76% of the stock is owned by corporate insiders.

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.