Boston Trust Walden Corp Has $7.67 Million Holdings in Netflix, Inc. (NASDAQ:NFLX)

Boston Trust Walden Corp increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 801.9% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,225 shares of the Internet television network's stock after buying an additional 7,313 shares during the quarter. Boston Trust Walden Corp's holdings in Netflix were worth $7,670,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the stock. Halbert Hargrove Global Advisors LLC grew its holdings in shares of Netflix by 100.0% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network's stock worth $25,000 after purchasing an additional 13 shares during the last quarter. Brown Shipley& Co Ltd acquired a new position in shares of Netflix in the 4th quarter worth approximately $27,000. Transce3nd LLC acquired a new position in shares of Netflix in the 4th quarter worth approximately $32,000. Copia Wealth Management bought a new stake in Netflix during the 4th quarter worth approximately $37,000. Finally, Stuart Chaussee & Associates Inc. increased its holdings in Netflix by 4,500.0% during the 4th quarter. Stuart Chaussee & Associates Inc. now owns 46 shares of the Internet television network's stock valued at $41,000 after purchasing an additional 45 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Netflix Price Performance

Shares of NFLX opened at $1,231.49 on Friday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.58. Netflix, Inc. has a twelve month low of $587.04 and a twelve month high of $1,262.81. The stock has a market capitalization of $524.09 billion, a P/E ratio of 58.20, a P/E/G ratio of 2.36 and a beta of 1.59. The company has a 50 day moving average of $1,150.80 and a 200-day moving average of $1,010.84.

Netflix (NASDAQ:NFLX - Get Free Report) last released its earnings results on Thursday, April 17th. The Internet television network reported $6.61 earnings per share for the quarter, beating analysts' consensus estimates of $5.74 by $0.87. Netflix had a net margin of 23.07% and a return on equity of 39.61%. The business had revenue of $10.54 billion during the quarter, compared to the consensus estimate of $10.51 billion. During the same quarter last year, the firm earned $8.28 earnings per share. As a group, equities research analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Ann Mather sold 1,090 shares of Netflix stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $1,250.00, for a total transaction of $1,362,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Jeffrey William Karbowski sold 160 shares of the company's stock in a transaction that occurred on Monday, April 21st. The shares were sold at an average price of $1,000.00, for a total value of $160,000.00. The disclosure for this sale can be found here. Insiders have sold 185,140 shares of company stock valued at $210,271,552 in the last 90 days. 1.37% of the stock is currently owned by insiders.

Analysts Set New Price Targets

NFLX has been the topic of several research analyst reports. Moffett Nathanson 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. BMO Capital Markets reissued an "outperform" rating and set a $1,200.00 price objective (up from $1,175.00) on shares of Netflix in a report on Friday, April 18th. Jefferies Financial Group upped their target price on shares of Netflix from $1,200.00 to $1,400.00 and gave the company a "buy" rating in a research report on Tuesday, June 3rd. Wolfe Research set a $1,340.00 target price on shares of Netflix and gave the company an "outperform" rating in a research note on Friday, May 16th. Finally, Loop Capital reissued a "hold" rating on shares of Netflix in a research note on Monday, March 24th. Eleven research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,172.73.

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.

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