87,225 Shares in Netflix, Inc. (NASDAQ:NFLX) Purchased by Aware Super Pty Ltd as trustee of Aware Super

Aware Super Pty Ltd as trustee of Aware Super bought a new position in shares of Netflix, Inc. (NASDAQ:NFLX) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 87,225 shares of the Internet television network’s stock, valued at approximately $77,745,000. Netflix accounts for 1.2% of Aware Super Pty Ltd as trustee of Aware Super’s holdings, making the stock its 13th biggest holding.

A number of other institutional investors also recently bought and sold shares of NFLX. Pathway Financial Advisers LLC lifted its position in Netflix by 82.4% during the fourth quarter. Pathway Financial Advisers LLC now owns 31 shares of the Internet television network’s stock worth $27,000 after buying an additional 14 shares during the period. Newton One Investments LLC acquired a new position in shares of Netflix in the fourth quarter worth about $34,000. Pineridge Advisors LLC boosted its stake in Netflix by 4,000.0% during the 4th quarter. Pineridge Advisors LLC now owns 41 shares of the Internet television network’s stock valued at $37,000 after acquiring an additional 40 shares during the last quarter. Princeton Global Asset Management LLC raised its stake in Netflix by 51.6% during the fourth quarter. Princeton Global Asset Management LLC now owns 47 shares of the Internet television network’s stock valued at $42,000 after buying an additional 16 shares in the last quarter. Finally, Decker Retirement Planning Inc. bought a new position in Netflix during the fourth quarter worth $43,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Strive Masiyiwa sold 2,813 shares of the firm’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $1,007.87, for a total value of $2,835,138.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ann Mather sold 2,682 shares of the company’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $973.00, for a total transaction of $2,609,586.00. The disclosure for this sale can be found here. In the last three months, insiders sold 274,312 shares of company stock valued at $267,919,297. Insiders own 1.76% of the company’s stock.

Netflix Trading Down 0.3 %

Netflix stock opened at $918.29 on Monday. The business has a 50-day simple moving average of $960.09 and a two-hundred day simple moving average of $885.47. The company has a market cap of $392.80 billion, a P/E ratio of 46.31, a P/E/G ratio of 2.12 and a beta of 1.55. Netflix, Inc. has a 52-week low of $542.01 and a 52-week high of $1,064.50. 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 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 business had revenue of $10.25 billion during 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%. The firm’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period in the prior year, the company posted $2.11 EPS. Analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on NFLX. FBN Securities started coverage on Netflix in a research note on Thursday, March 27th. They issued an “outperform” rating and a $1,165.00 target price on the stock. UBS Group set a $1,000.00 price objective on Netflix in a research note on Monday, March 24th. Pivotal Research boosted their target price on shares of Netflix from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research note on Wednesday, January 22nd. Phillip Securities downgraded Netflix from a “hold” rating to a “moderate sell” rating in a research note on Friday, January 24th. Finally, Seaport Res Ptn raised Netflix from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. Ten equities research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,017.31.

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.