Netflix, Inc. (NASDAQ:NFLX) Shares Bought by Compass Capital Corp MA ADV

Compass Capital Corp MA ADV increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 88.2% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,695 shares of the Internet television network's stock after buying an additional 1,263 shares during the period. Netflix comprises 1.3% of Compass Capital Corp MA ADV's investment portfolio, making the stock its 18th largest holding. Compass Capital Corp MA ADV's holdings in Netflix were worth $2,555,000 as of its most recent SEC filing.

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

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Jefferies Financial Group raised their price target on Netflix from $1,200.00 to $1,400.00 and gave the company a "buy" rating in a research note on Tuesday, June 3rd. Rosenblatt Securities increased their price objective on Netflix from $1,494.00 to $1,514.00 and gave the company a "buy" rating in a report on Monday, April 21st. Canaccord Genuity Group raised their target price on Netflix from $1,200.00 to $1,380.00 and gave the stock a "buy" rating in a research report on Friday, May 16th. Wolfe Research set a $1,340.00 target price on Netflix and gave the stock an "outperform" rating in a research note on Friday, May 16th. Finally, Cfra Research raised Netflix to a "strong-buy" rating in a report on Monday, April 28th. 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, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $1,156.73.

Insider Transactions at Netflix

In related news, CAO Jeffrey William Karbowski sold 480 shares of the company's stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $978.18, for a total transaction of $469,526.40. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Jay C. Hoag sold 31,750 shares of the stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $1,252.35, for a total value of $39,762,112.50. Following the completion of the transaction, the director now owns 63,040 shares of the company's stock, valued at $78,948,144. The trade was a 33.50% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 185,140 shares of company stock worth $210,271,552. Company insiders own 1.37% of the company's stock.

Netflix Stock Performance

Netflix stock traded up $1.62 during mid-day trading on Thursday, reaching $1,222.29. 2,277,207 shares of the company were exchanged, compared to its average volume of 3,745,034. The firm has a market cap of $520.17 billion, a PE ratio of 57.76, a price-to-earnings-growth ratio of 2.36 and a beta of 1.59. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.20 and a current ratio of 1.20. The firm's 50-day simple moving average is $1,138.51 and its two-hundred day simple moving average is $1,006.33. Netflix, Inc. has a twelve month low of $587.04 and a twelve month high of $1,262.81.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings results on Thursday, April 17th. The Internet television network reported $6.61 earnings per share for the quarter, topping the consensus estimate of $5.74 by $0.87. The firm had revenue of $10.54 billion during the quarter, compared to the consensus estimate of $10.51 billion. Netflix had a return on equity of 39.61% and a net margin of 23.07%. During the same period last year, the company earned $8.28 earnings per share. Equities analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

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.