Netflix, Inc. (NASDAQ:NFLX) Stock Position Reduced by Teewinot Capital Advisers L.L.C.

Teewinot Capital Advisers L.L.C. lessened its holdings in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 33.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 79,619 shares of the Internet television network's stock after selling 40,591 shares during the quarter. Netflix makes up about 7.2% of Teewinot Capital Advisers L.L.C.'s holdings, making the stock its 5th largest position. Teewinot Capital Advisers L.L.C.'s holdings in Netflix were worth $70,966,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of NFLX. Pathway Financial Advisers LLC boosted its stake in Netflix by 82.4% in the fourth quarter. Pathway Financial Advisers LLC now owns 31 shares of the Internet television network's stock valued at $27,000 after acquiring an additional 14 shares in the last quarter. Transce3nd LLC acquired a new position in Netflix in the fourth quarter valued at $32,000. Newton One Investments LLC acquired a new position in Netflix in the fourth quarter valued at $34,000. Pineridge Advisors LLC boosted its stake in Netflix by 4,000.0% in the fourth quarter. Pineridge Advisors LLC now owns 41 shares of the Internet television network's stock valued at $37,000 after acquiring an additional 40 shares in the last quarter. Finally, Stuart Chaussee & Associates Inc. boosted its stake in Netflix by 4,500.0% in the fourth quarter. Stuart Chaussee & Associates Inc. now owns 46 shares of the Internet television network's stock valued at $41,000 after acquiring an additional 45 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company's stock.

Netflix Trading Up 1.2%

Shares of Netflix stock opened at $1,191.53 on Friday. Netflix, Inc. has a 12-month low of $587.04 and a 12-month high of $1,196.50. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.56. The stock has a market cap of $507.08 billion, a PE ratio of 60.09, a price-to-earnings-growth ratio of 2.12 and a beta of 1.58. The company has a 50-day moving average of $1,009.34 and a two-hundred day moving average of $946.93.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its 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. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The company had revenue of $10.54 billion during the quarter, compared to analysts' expectations of $10.51 billion. During the same period last year, the company posted $8.28 earnings per share. On average, research analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling at Netflix

In other Netflix news, Director Bradford L. Smith sold 3,919 shares of the stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $1,124.26, for a total value of $4,405,974.94. Following the completion of the transaction, the director now directly owns 7,969 shares of the company's stock, valued at approximately $8,959,227.94. This trade represents a 32.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Reed Hastings sold 25,360 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $921.15, for a total transaction of $23,360,364.00. Following the completion of the transaction, the chairman now directly owns 394 shares of the company's stock, valued at approximately $362,933.10. This trade represents a 98.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 132,868 shares of company stock valued at $138,483,256. Corporate insiders own 1.76% of the company's stock.

Analyst Upgrades and Downgrades

NFLX has been the subject of several research analyst reports. Morgan Stanley upped their price objective on shares of Netflix from $1,150.00 to $1,200.00 and gave the company an "overweight" rating in a research note on Monday, April 21st. The Goldman Sachs Group upped their price objective on shares of Netflix from $850.00 to $960.00 and gave the company a "neutral" rating in a research note on Wednesday, January 22nd. Canaccord Genuity Group upped their price objective on shares of Netflix from $1,200.00 to $1,380.00 and gave the company a "buy" rating in a research note on Friday. BMO Capital Markets reiterated an "outperform" rating and set a $1,200.00 target price (up previously from $1,175.00) on shares of Netflix in a research note on Friday, April 18th. Finally, Cfra Research upgraded shares of Netflix to a "strong-buy" rating in a research note on Monday, April 28th. Ten research analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $1,093.39.

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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