Czech National Bank Raises Stock Holdings in Netflix, Inc. (NASDAQ:NFLX)

Czech National Bank boosted its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 6.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,249 shares of the Internet television network's stock after purchasing an additional 5,567 shares during the period. Netflix comprises 0.8% of Czech National Bank's investment portfolio, making the stock its 20th largest position. Czech National Bank's holdings in Netflix were worth $91,620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Janus Henderson Group PLC grew its position in shares of Netflix by 8.7% in the 4th quarter. Janus Henderson Group PLC now owns 1,377,081 shares of the Internet television network's stock worth $1,227,468,000 after buying an additional 110,432 shares during the last quarter. PharVision Advisers LLC bought a new stake in shares of Netflix in the 4th quarter worth approximately $873,000. First National Trust Co grew its position in shares of Netflix by 1.0% in the 4th quarter. First National Trust Co now owns 1,258 shares of the Internet television network's stock worth $1,121,000 after buying an additional 12 shares during the last quarter. Haven Private LLC bought a new stake in shares of Netflix in the 4th quarter worth approximately $733,000. Finally, Sigma Planning Corp boosted its position in shares of Netflix by 7.4% during the fourth quarter. Sigma Planning Corp now owns 5,572 shares of the Internet television network's stock valued at $4,966,000 after purchasing an additional 386 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Price Performance

Shares of NASDAQ NFLX traded up $11.75 during mid-day trading on Monday, reaching $1,218.98. The company's stock had a trading volume of 2,287,791 shares, compared to its average volume of 3,751,692. The firm has a market capitalization of $518.76 billion, a PE ratio of 61.47, a P/E/G ratio of 2.12 and a beta of 1.58. 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 stock has a fifty day moving average of $1,059.27 and a two-hundred day moving average of $976.26. Netflix, Inc. has a 52 week low of $587.04 and a 52 week high of $1,219.76.

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, topping analysts' consensus estimates of $5.74 by $0.87. The firm had revenue of $10.54 billion during the quarter, compared to analyst estimates 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 prior year, the company posted $8.28 earnings per share. As a group, sell-side analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Transactions at Netflix

In related news, insider Cletus R. Willems sold 298 shares of the stock in a transaction that occurred on Wednesday, May 7th. The stock was sold at an average price of $1,138.00, for a total transaction of $339,124.00. Following the completion of the transaction, the insider now directly owns 31,610 shares of the company's stock, valued at approximately $35,972,180. This represents a 0.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jay C. Hoag sold 32,515 shares of the stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $1,101.97, for a total value of $35,830,554.55. Following the transaction, the director now directly owns 79,040 shares of the company's stock, valued at approximately $87,099,708.80. The trade was a 29.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 100,262 shares of company stock valued at $106,599,765 over the last 90 days. Company insiders own 1.37% of the company's stock.

Wall Street Analysts Forecast Growth

NFLX has been the topic of several research reports. Wells Fargo & Company lifted their price target on Netflix from $1,210.00 to $1,222.00 and gave the company an "overweight" rating in a research report on Monday, April 21st. Evercore ISI restated an "outperform" rating on shares of Netflix in a research report on Thursday, May 15th. Guggenheim restated a "buy" rating and set a $1,150.00 price target (up from $1,100.00) on shares of Netflix in a research report on Friday, April 18th. Wall Street Zen lowered Netflix from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Finally, Phillip Securities upgraded Netflix from a "moderate sell" rating to a "hold" rating in a research report 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 company's stock. According to data from MarketBeat.com, Netflix presently has an average rating of "Moderate Buy" and a consensus price target of $1,122.33.

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.