Netflix, Inc. (NASDAQ:NFLX) Shares Purchased by Fort Sheridan Advisors LLC

Fort Sheridan Advisors LLC boosted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 15.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 742 shares of the Internet television network’s stock after acquiring an additional 100 shares during the period. Fort Sheridan Advisors LLC’s holdings in Netflix were worth $661,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of NFLX. Generali Investments Towarzystwo Funduszy Inwestycyjnych grew its stake in shares of Netflix by 7.1% during the fourth quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 750 shares of the Internet television network’s stock worth $668,000 after purchasing an additional 50 shares in the last quarter. QRG Capital Management Inc. lifted its holdings in Netflix by 7.3% during the 4th quarter. QRG Capital Management Inc. now owns 95,563 shares of the Internet television network’s stock worth $85,177,000 after buying an additional 6,518 shares during the last quarter. Brueske Advisory Services LLC purchased a new position in shares of Netflix in the 4th quarter valued at about $934,000. Alphinity Investment Management Pty Ltd raised its position in shares of Netflix by 0.5% during the 4th quarter. Alphinity Investment Management Pty Ltd now owns 1,066,518 shares of the Internet television network’s stock worth $950,609,000 after acquiring an additional 5,545 shares in the last quarter. Finally, Proficio Capital Partners LLC lifted its stake in Netflix by 123,836.7% during the fourth quarter. Proficio Capital Partners LLC now owns 1,925,977 shares of the Internet television network’s stock worth $1,716,662,000 after purchasing an additional 1,924,423 shares during the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Netflix

In other Netflix news, CAO Jeffrey William Karbowski sold 160 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $1,000.00, for a total transaction of $160,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Strive Masiyiwa sold 2,813 shares of the firm’s stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $1,007.87, for a total transaction of $2,835,138.31. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 303,380 shares of company stock valued at $290,016,164. Company insiders own 1.76% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Guggenheim increased their price target on shares of Netflix from $950.00 to $1,100.00 and gave the company a “buy” rating in a research note on Wednesday, January 22nd. StockNews.com lowered shares of Netflix from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. KeyCorp raised their price objective on Netflix from $1,000.00 to $1,100.00 and gave the stock an “overweight” rating in a report on Wednesday, January 22nd. Rosenblatt Securities raised Netflix from a “neutral” rating to a “buy” rating and boosted their target price for the company from $680.00 to $1,494.00 in a report on Wednesday, January 22nd. Finally, Morgan Stanley lifted their price target on Netflix from $1,050.00 to $1,150.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Ten analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Netflix currently has an average rating of “Moderate Buy” and an average target price of $1,021.70.

Netflix Trading Down 2.7 %

NASDAQ NFLX opened at $963.07 on Friday. The company has a 50-day moving average of $946.29 and a 200-day moving average of $828.40. 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 12 month low of $542.01 and a 12 month high of $1,064.50. The company has a market cap of $411.96 billion, a P/E ratio of 48.57, a P/E/G ratio of 2.12 and a beta of 1.27.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share for the quarter, topping analysts’ consensus estimates of $4.20 by $0.07. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The company had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $10.14 billion. During the same quarter last year, the firm posted $2.11 earnings per share. Netflix’s revenue was up 16.0% on a year-over-year basis. As a group, equities analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current year.

About Netflix

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.