12 hours Ago By Defense World Staff
Mathes Company Inc. trimmed its position in shares of Netflix, Inc. ( NASDAQ:NFLX – Free Report ) by 2.
2% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,760 shares of the Internet television network’s stock after selling 40 shares during the period. Mathes Company Inc.
’s holdings in Netflix were worth $1,188,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors have also modified their holdings of the company. M&G Plc purchased a new position in Netflix in the 1st quarter valued at approximately $9,682,000.
BSN CAPITAL PARTNERS Ltd boosted its holdings in Netflix by 24.4% in the first quarter. BSN CAPITAL PARTNERS Ltd now owns 250,000 shares of the Internet television network’s stock valued at $155,185,000 after purchasing an additional 49,000 shares during the period.
Scarborough Advisors LLC acquired a new position in Netflix during the 4th quarter worth $9,513,000. Scotia Capital Inc. increased its holdings in Netflix by 9.
1% during the 4th quarter. Scotia Capital Inc. now owns 25,351 shares of the Internet television network’s stock worth $12,343,000 after purchasing an additional 2,110 shares during the period.
Finally, Focus Financial Network Inc. ADV acquired a new stake in Netflix in the 4th quarter valued at about $3,700,000. 80.
93% of the stock is currently owned by hedge funds and other institutional investors. Insider Activity at Netflix In related news, CFO Spencer Adam Neumann sold 433 shares of Netflix stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $626.
19, for a total value of $271,140.27. The transaction was disclosed in a filing with the SEC, which is available through the SEC website .
In other news, Director Leslie J. Kilgore sold 1,372 shares of the stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $704.
81, for a total value of $966,999.32. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link .
Also, CFO Spencer Adam Neumann sold 433 shares of the firm’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $626.19, for a total transaction of $271,140.
27. The disclosure for this sale can be found here . Insiders sold a total of 196,798 shares of company stock worth $129,552,672 over the last 90 days.
Company insiders own 1.76% of the company’s stock. Netflix Price Performance Netflix ( NASDAQ:NFLX – Get Free Report ) last announced its quarterly earnings data on Thursday, July 18th.
The Internet television network reported $4.88 EPS for the quarter, topping analysts’ consensus estimates of $4.74 by $0.
14. The company had revenue of $9.56 billion during the quarter, compared to the consensus estimate of $9.
53 billion. Netflix had a net margin of 19.54% and a return on equity of 32.
93%. Netflix’s quarterly revenue was up 16.8% on a year-over-year basis.
During the same quarter in the prior year, the firm earned $3.29 EPS. Sell-side analysts forecast that Netflix, Inc.
will post 19.08 EPS for the current year. Wall Street Analyst Weigh In A number of brokerages have recently commented on NFLX.
Oppenheimer reissued an “outperform” rating and set a $725.00 price objective on shares of Netflix in a research report on Tuesday, July 30th. Loop Capital increased their price objective on shares of Netflix from $700.
00 to $750.00 and gave the company a “buy” rating in a research report on Tuesday, June 18th. The Goldman Sachs Group raised their price objective on shares of Netflix from $650.
00 to $659.00 and gave the company a “neutral” rating in a report on Friday, July 19th. Macquarie reiterated an “outperform” rating and set a $685.
00 target price on shares of Netflix in a research note on Tuesday, July 16th. Finally, Morgan Stanley raised their price target on Netflix from $700.00 to $780.
00 and gave the company an “overweight” rating in a research note on Monday, July 15th. One investment analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twenty-four have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $685.
29. View Our Latest Stock Analysis on NFLX About Netflix ( Free Report ) 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. See Also Five stocks we like better than Netflix Best Aerospace Stocks Investing 3 Beaten-Down Stocks Ready for a Comeback Why Are These Companies Considered Blue Chips? 3 Stocks to Neutralize Market Volatility and Build Wealth What Makes a Stock a Good Dividend Stock? How Much Can You Make in Stocks in One Month? Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc.
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