225 Shares in Netflix, Inc. (NASDAQ:NFLX) Acquired by 25 LLC

25 LLC bought a new stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 225 shares of the Internet television network's stock, valued at approximately $210,000.

A number of other hedge funds have also recently added to or reduced their stakes in NFLX. Abacus Planning Group Inc. boosted its holdings in shares of Netflix by 5.7% during the 1st quarter. Abacus Planning Group Inc. now owns 597 shares of the Internet television network's stock valued at $557,000 after acquiring an additional 32 shares in the last quarter. Capital Investment Advisors LLC raised its position in Netflix by 77.5% in the first quarter. Capital Investment Advisors LLC now owns 3,904 shares of the Internet television network's stock valued at $3,640,000 after purchasing an additional 1,705 shares during the last quarter. Bennett Selby Investments LP raised its position in Netflix by 3.2% in the first quarter. Bennett Selby Investments LP now owns 5,860 shares of the Internet television network's stock valued at $5,465,000 after purchasing an additional 181 shares during the last quarter. Wedge Capital Management L L P NC acquired a new stake in shares of Netflix during the first quarter valued at about $214,000. Finally, Park Avenue Securities LLC grew its holdings in shares of Netflix by 14.7% during the first quarter. Park Avenue Securities LLC now owns 21,892 shares of the Internet television network's stock worth $20,415,000 after purchasing an additional 2,806 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Insider Transactions at Netflix

In other Netflix news, Director Reed Hastings sold 26,933 shares of the firm's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $1,211.66, for a total value of $32,633,638.78. Following the completion of the sale, the director now directly owns 394 shares of the company's stock, valued at $477,394.04. This trade represents a 98.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Ann Mather sold 1,090 shares of the business's stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $1,250.00, for a total value of $1,362,500.00. The disclosure for this sale can be found here. Insiders have sold 153,390 shares of company stock worth $170,509,439 in the last ninety days. Company insiders own 1.37% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on NFLX shares. Jefferies Financial Group boosted their target price on shares of Netflix from $1,200.00 to $1,400.00 and gave the stock a "buy" rating in a report on Tuesday, June 3rd. Guggenheim reissued a "buy" rating and issued a $1,150.00 price objective (up previously from $1,100.00) on shares of Netflix in a research note on Friday, April 18th. Citigroup restated a "neutral" rating and issued a $1,250.00 price objective (up from $1,020.00) on shares of Netflix in a report on Thursday, May 29th. Loop Capital reaffirmed a "hold" rating on shares of Netflix in a report on Monday, March 24th. Finally, Phillip Securities raised Netflix from a "moderate sell" rating to a "hold" rating in a research note on Monday, April 21st. Eleven research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $1,149.91.

Netflix Stock Performance

NASDAQ NFLX opened at $1,241.47 on Monday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market cap of $528.33 billion, a price-to-earnings ratio of 62.61, a PEG ratio of 2.12 and a beta of 1.59. Netflix, Inc. has a 1 year low of $587.04 and a 1 year high of $1,262.81. The company has a fifty day moving average price of $1,087.80 and a 200-day moving average price of $989.18.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results on Thursday, April 17th. The Internet television network reported $6.61 earnings per share for the quarter, topping analysts' consensus estimates of $5.74 by $0.87. The firm had revenue of $10.54 billion for the quarter, compared to the consensus estimate of $10.51 billion. Netflix had a return on equity of 38.32% and a net margin of 22.34%. During the same quarter in the previous year, the business earned $8.28 EPS. As a group, equities research analysts predict that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Netflix Company 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.

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