251 Shares in Netflix, Inc. (NASDAQ:NFLX) Bought by Arlington Financial Advisors LLC

Arlington Financial Advisors LLC purchased a new position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 251 shares of the Internet television network's stock, valued at approximately $234,000.

A number of other institutional investors also recently modified their holdings of NFLX. Capital & Planning LLC acquired a new position in Netflix during the 4th quarter worth approximately $809,000. Brighton Jones LLC grew its holdings in Netflix by 5.0% during the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network's stock valued at $4,804,000 after purchasing an additional 257 shares during the period. Union Bancaire Privee UBP SA bought a new position in shares of Netflix in the fourth quarter worth $12,212,000. Revolve Wealth Partners LLC boosted its holdings in shares of Netflix by 16.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network's stock worth $912,000 after acquiring an additional 144 shares during the period. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Netflix in the fourth quarter worth $446,000. Institutional investors and hedge funds own 80.93% of the company's stock.

Insider Buying and Selling at Netflix

In related news, CAO Jeffrey William Karbowski sold 480 shares of the company's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $978.18, for a total value of $469,526.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Cletus R. Willems sold 298 shares of the company's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $1,138.00, for a total transaction of $339,124.00. Following the completion of the sale, the insider now directly owns 31,610 shares of the company's stock, valued at $35,972,180. The trade was a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 122,766 shares of company stock valued at $133,361,747 over the last ninety days. Corporate insiders own 1.37% of the company's stock.

Netflix Stock Performance

NASDAQ:NFLX traded down $1.04 during trading hours on Tuesday, reaching $1,217.94. 2,360,170 shares of the company's stock were exchanged, compared to its average volume of 3,751,727. The firm has a market capitalization of $518.32 billion, a price-to-earnings ratio of 61.42, a P/E/G ratio of 2.12 and a beta of 1.58. The company has a 50-day moving average of $1,064.24 and a 200 day moving average of $979.03. 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, Inc. has a 1-year low of $587.04 and a 1-year high of $1,229.03.

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

Wall Street Analyst Weigh In

NFLX has been the topic of a number of recent analyst reports. Guggenheim reiterated a "buy" rating and issued a $1,150.00 price objective (up previously from $1,100.00) on shares of Netflix in a research report on Friday, April 18th. Morgan Stanley upped their target price on Netflix from $1,150.00 to $1,200.00 and gave the stock an "overweight" rating in a report on Monday, April 21st. Needham & Company LLC reissued a "buy" rating and issued a $1,126.00 price target on shares of Netflix in a research report on Thursday, April 17th. Evercore ISI restated an "outperform" rating on shares of Netflix in a report on Thursday, May 15th. Finally, Benchmark reiterated a "hold" rating on shares of Netflix in a research note on Monday, April 21st. Eleven research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,140.52.

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.