Capital Advisors Ltd. LLC Buys 11 Shares of Netflix, Inc. (NASDAQ:NFLX)

Capital Advisors Ltd. LLC boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 418 shares of the Internet television network’s stock after purchasing an additional 11 shares during the quarter. Capital Advisors Ltd. LLC’s holdings in Netflix were worth $373,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Colonial River Investments LLC boosted its holdings in Netflix by 2.7% in the fourth quarter. Colonial River Investments LLC now owns 1,943 shares of the Internet television network’s stock worth $1,731,000 after acquiring an additional 52 shares in the last quarter. World Equity Group Inc. boosted its holdings in Netflix by 48.6% in the fourth quarter. World Equity Group Inc. now owns 1,516 shares of the Internet television network’s stock worth $1,351,000 after acquiring an additional 496 shares in the last quarter. Delta Financial Group Inc. boosted its holdings in Netflix by 1.2% in the fourth quarter. Delta Financial Group Inc. now owns 1,246 shares of the Internet television network’s stock worth $1,111,000 after acquiring an additional 15 shares in the last quarter. MONECO Advisors LLC boosted its holdings in Netflix by 9.7% in the fourth quarter. MONECO Advisors LLC now owns 2,166 shares of the Internet television network’s stock worth $1,931,000 after acquiring an additional 191 shares in the last quarter. Finally, Howard Capital Management Inc. boosted its holdings in Netflix by 3.1% in the fourth quarter. Howard Capital Management Inc. now owns 12,916 shares of the Internet television network’s stock worth $11,512,000 after acquiring an additional 385 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Insider Transactions at Netflix

In related news, Director Ann Mather sold 2,682 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $973.00, for a total value of $2,609,586.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider David A. Hyman sold 41,121 shares of the company’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $979.01, for a total value of $40,257,870.21. Following the completion of the sale, the insider now directly owns 31,610 shares of the company’s stock, valued at approximately $30,946,506.10. This trade represents a 56.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 303,220 shares of company stock valued at $289,856,164. 1.76% of the stock is currently owned by corporate insiders.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $1,003.15 on Monday. The stock’s 50-day moving average is $940.55 and its two-hundred day moving average is $821.37. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.22 and a quick ratio of 1.22. Netflix, Inc. has a 1-year low of $542.01 and a 1-year high of $1,064.50. The company has a market cap of $429.10 billion, a price-to-earnings ratio of 50.59, a price-to-earnings-growth ratio of 2.12 and a beta of 1.27.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $10.14 billion. Netflix had a return on equity of 38.32% and a net margin of 22.34%. Netflix’s revenue was up 16.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.11 EPS. Analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on NFLX shares. BMO Capital Markets restated an “outperform” rating and issued a $1,175.00 price objective (up from $1,000.00) on shares of Netflix in a research note on Wednesday, January 22nd. Loop Capital lifted their price target on Netflix from $925.00 to $1,000.00 and gave the company a “hold” rating in a research report on Wednesday, January 22nd. Rosenblatt Securities upgraded Netflix from a “neutral” rating to a “buy” rating and lifted their price target for the company from $680.00 to $1,494.00 in a research report on Wednesday, January 22nd. Wedbush reiterated an “outperform” rating and set a $1,150.00 price target (up from $950.00) on shares of Netflix in a research report on Wednesday, January 22nd. Finally, Evercore ISI lifted their price target on Netflix from $950.00 to $1,100.00 and gave the company an “outperform” rating in a research 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 stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $1,021.70.

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.