Rothschild Capital Partners LLC Invests $606,000 in Netflix, Inc. (NASDAQ:NFLX)

Rothschild Capital Partners LLC purchased a new stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm purchased 680 shares of the Internet television network's stock, valued at approximately $606,000.

A number of other large investors have also recently modified their holdings of NFLX. Pathway Financial Advisers LLC lifted its position in Netflix by 82.4% in the 4th 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 last quarter. Transce3nd LLC bought a new stake in Netflix in the 4th quarter worth approximately $32,000. Newton One Investments LLC bought a new stake in Netflix in the fourth quarter valued at approximately $34,000. Pineridge Advisors LLC lifted its position in Netflix by 4,000.0% in the fourth quarter. Pineridge Advisors LLC now owns 41 shares of the Internet television network's stock valued at $37,000 after purchasing an additional 40 shares during the last quarter. Finally, Princeton Global Asset Management LLC lifted its position in Netflix by 51.6% in the fourth quarter. Princeton Global Asset Management LLC now owns 47 shares of the Internet television network's stock valued at $42,000 after purchasing an additional 16 shares during the last quarter. Institutional investors own 80.93% of the company's stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Barclays boosted their price objective on Netflix from $900.00 to $1,000.00 and gave the company an "equal weight" rating in a research report on Monday, April 21st. Oppenheimer reiterated an "outperform" rating and issued a $1,200.00 price objective (up previously from $1,150.00) on shares of Netflix in a research report on Friday, April 18th. Canaccord Genuity Group boosted their price objective on Netflix from $1,150.00 to $1,200.00 and gave the company a "buy" rating in a research report on Monday, April 21st. Phillip Securities upgraded Netflix from a "moderate sell" rating to a "hold" rating in a research report on Monday, April 21st. Finally, Guggenheim restated a "buy" rating and set a $1,150.00 target price (up previously from $1,100.00) on shares of Netflix in a report on Friday, April 18th. Ten investment analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Netflix currently has an average rating of "Moderate Buy" and a consensus price target of $1,072.12.

Insider Activity

In related news, insider David A. Hyman sold 41,121 shares of the business's stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $979.01, for a total transaction of $40,257,870.21. Following the completion of the sale, the insider now directly owns 31,610 shares in the company, valued at approximately $30,946,506.10. The trade was a 56.54 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Jeffrey William Karbowski sold 160 shares of the business's stock in a transaction that occurred on Tuesday, February 4th. The shares were sold at an average price of $1,000.00, for a total transaction of $160,000.00. The disclosure for this sale can be found here. Insiders sold 274,495 shares of company stock valued at $268,176,922 over the last three months. Insiders own 1.76% of the company's stock.

Netflix Stock Performance

Shares of NFLX traded up $3.69 during mid-day trading on Tuesday, hitting $1,114.07. 1,700,103 shares of the company traded hands, compared to its average volume of 3,701,247. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a 50-day moving average price of $957.26 and a two-hundred day moving average price of $908.81. Netflix, Inc. has a 1 year low of $544.25 and a 1 year high of $1,115.89. The stock has a market cap of $474.11 billion, a price-to-earnings ratio of 56.10, a P/E/G ratio of 2.12 and a beta of 1.55.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings data on Thursday, April 17th. The Internet television network reported $6.61 earnings per share for the quarter, beating the consensus estimate of $5.74 by $0.87. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The firm had revenue of $10.54 billion during the quarter, compared to analysts' expectations of $10.51 billion. During the same period in the previous year, the company earned $8.28 earnings per share. Equities analysts anticipate 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.