2 hours Ago By Defense World Staff
Meritas Wealth Management LLC increased its position in Netflix, Inc. ( NASDAQ:NFLX – Free Report ) by 2.9% in the 3rd quarter, according to the company in its most recent filing with the SEC.
The fund owned 573 shares of the Internet television network’s stock after acquiring an additional 16 shares during the quarter. Meritas Wealth Management LLC’s holdings in Netflix were worth $406,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company.
Czech National Bank raised its holdings in Netflix by 6.5% during the 3rd quarter. Czech National Bank now owns 87,425 shares of the Internet television network’s stock valued at $62,008,000 after acquiring an additional 5,312 shares during the period.
AMF Tjanstepension AB boosted its stake in Netflix by 7.4% in the 3rd quarter. AMF Tjanstepension AB now owns 68,460 shares of the Internet television network’s stock worth $48,557,000 after purchasing an additional 4,701 shares during the period.
Trust Co. of Toledo NA OH grew its holdings in Netflix by 1.5% during the 3rd quarter.
Trust Co. of Toledo NA OH now owns 2,514 shares of the Internet television network’s stock valued at $1,783,000 after buying an additional 38 shares in the last quarter. Abacus Planning Group Inc.
increased its position in shares of Netflix by 15.5% during the third quarter. Abacus Planning Group Inc.
now owns 559 shares of the Internet television network’s stock valued at $396,000 after buying an additional 75 shares during the period. Finally, Doliver Advisors LP lifted its holdings in shares of Netflix by 44.0% in the third quarter.
Doliver Advisors LP now owns 1,367 shares of the Internet television network’s stock worth $970,000 after buying an additional 418 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.
Insider Transactions at Netflix In other Netflix news, insider David A. Hyman sold 20,656 shares of Netflix stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $605.
13, for a total transaction of $12,499,565.28. Following the transaction, the insider now owns 31,610 shares of the company’s stock, valued at $19,128,159.
30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website . In related news, Chairman Reed Hastings sold 25,599 shares of Netflix stock in a transaction that occurred on Thursday, August 1st.
The stock was sold at an average price of $631.43, for a total transaction of $16,163,976.57.
Following the sale, the chairman now owns 57 shares of the company’s stock, valued at approximately $35,991.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website .
Also, insider David A. Hyman sold 20,656 shares of the stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $605.
13, for a total transaction of $12,499,565.28. Following the sale, the insider now directly owns 31,610 shares of the company’s stock, valued at $19,128,159.
30. The disclosure for this sale can be found here . Insiders have sold 224,784 shares of company stock valued at $150,212,870 over the last quarter.
1.76% of the stock is currently owned by company insiders. Netflix Price Performance Netflix ( NASDAQ:NFLX – Get Free Report ) last issued its quarterly earnings data on Thursday, July 18th.
The Internet television network reported $4.88 EPS for the quarter, topping the consensus estimate of $4.74 by $0.
14. Netflix had a return on equity of 32.93% and a net margin of 19.
54%. The company had revenue of $9.56 billion during the quarter, compared to analyst estimates of $9.
53 billion. During the same quarter in the previous year, the company posted $3.29 earnings per share.
Netflix’s revenue was up 16.8% compared to the same quarter last year. As a group, analysts predict that Netflix, Inc.
will post 19.08 EPS for the current year. Analyst Ratings Changes NFLX has been the topic of several research analyst reports.
Benchmark upped their price target on shares of Netflix from $450.00 to $545.00 and gave the stock a “sell” rating in a report on Tuesday, July 16th.
TD Cowen lifted their price target on Netflix from $725.00 to $775.00 and gave the company a “buy” rating in a research report on Tuesday, July 9th.
Needham & Company LLC reaffirmed a “buy” rating and issued a $700.00 target price on shares of Netflix in a research note on Friday, July 19th. KeyCorp boosted their price target on shares of Netflix from $735.
00 to $760.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, StockNews.
com raised shares of Netflix from a “hold” rating to a “buy” rating in a report on Tuesday, September 24th. One research analyst has rated the stock with a sell rating, twelve have issued a hold rating and twenty-four have assigned a buy rating to the stock. According to data from MarketBeat.
com, the company has an average rating of “Moderate Buy” and an average target price of $686.03. Check Out Our Latest Research Report on Netflix Netflix Company Profile ( 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 What is a Stock Market Index and How Do You Use Them? When Is the Best Time to Invest in Mutual Funds? What Are the U.
K. Market Holidays? How to Invest and Trade Is NVIDIA Stock in a Correction or Consolidation? What is Put Option Volume? 3 Oversold Stocks with Big RSI Rebound Potential Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter .
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