Sava Infond d.o.o. Grows Stock Holdings in Netflix, Inc. (NASDAQ:NFLX)

Sava Infond d.o.o. grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 121.3% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,195 shares of the Internet television network's stock after purchasing an additional 655 shares during the period. Sava Infond d.o.o.'s holdings in Netflix were worth $1,114,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of Netflix by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 37,488,005 shares of the Internet television network's stock valued at $33,413,809,000 after purchasing an additional 171,712 shares during the last quarter. FMR LLC lifted its holdings in shares of Netflix by 1.8% during the fourth quarter. FMR LLC now owns 20,887,090 shares of the Internet television network's stock valued at $18,617,081,000 after purchasing an additional 375,234 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Netflix by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 9,323,952 shares of the Internet television network's stock valued at $8,287,823,000 after purchasing an additional 175,596 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Netflix by 109,524.3% during the first quarter. GAMMA Investing LLC now owns 8,835,722 shares of the Internet television network's stock valued at $8,239,576,000 after purchasing an additional 8,827,662 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Netflix during the fourth quarter valued at approximately $5,019,087,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Trading Up 1.8%

Shares of Netflix stock opened at $1,253.54 on Tuesday. The company has a market capitalization of $533.47 billion, a P/E ratio of 59.24, a P/E/G ratio of 2.38 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 company has a fifty day moving average of $1,157.24 and a 200 day moving average of $1,014.42. Netflix, Inc. has a fifty-two week low of $587.04 and a fifty-two week high of $1,262.81.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The Internet television network reported $6.61 EPS for the quarter, topping the consensus estimate of $5.74 by $0.87. The business had revenue of $10.54 billion for the quarter, compared to analysts' expectations of $10.51 billion. Netflix had a net margin of 23.07% and a return on equity of 39.61%. During the same quarter in the previous year, the company earned $8.28 EPS. On average, sell-side analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NFLX has been the subject of a number of recent analyst reports. BMO Capital Markets restated an "outperform" rating and issued a $1,200.00 price objective (up from $1,175.00) on shares of Netflix in a report on Friday, April 18th. Guggenheim restated a "buy" rating and issued a $1,150.00 price objective (up from $1,100.00) on shares of Netflix in a report on Friday, April 18th. Benchmark restated a "hold" rating on shares of Netflix in a report on Monday, April 21st. Needham & Company LLC restated a "buy" rating and issued a $1,126.00 price objective on shares of Netflix in a report on Thursday, April 17th. Finally, Pivotal Research boosted their price objective on shares of Netflix from $1,350.00 to $1,600.00 and gave the stock a "buy" rating in a report on Friday. Eleven equities research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $1,172.73.

Insiders Place Their Bets

In other Netflix news, Director Ann Mather sold 1,358 shares of the business's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $1,150.00, for a total value of $1,561,700.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Chairman Reed Hastings sold 25,360 shares of the business's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $921.15, for a total transaction of $23,360,364.00. Following the completion of the sale, the chairman now owns 394 shares in the company, valued at approximately $362,933.10. The trade was a 98.47% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 184,660 shares of company stock worth $209,802,025 in the last 90 days. 1.37% of the stock is currently owned by corporate insiders.

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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