Netflix, Inc. (NASDAQ:NFLX) Shares Bought by Siemens Fonds Invest GmbH

Siemens Fonds Invest GmbH lifted its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 156.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 28,830 shares of the Internet television network's stock after purchasing an additional 17,594 shares during the quarter. Netflix accounts for 1.0% of Siemens Fonds Invest GmbH's investment portfolio, making the stock its 15th largest holding. Siemens Fonds Invest GmbH's holdings in Netflix were worth $25,697,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of NFLX. Park Square Financial Group LLC purchased a new stake in shares of Netflix during the 4th quarter valued at $356,000. Total Wealth Planning & Management Inc. bought a new position in Netflix in the 4th quarter worth about $222,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in shares of Netflix during the 4th quarter valued at about $355,076,000. Brooklyn FI LLC bought a new stake in shares of Netflix during the 4th quarter valued at about $1,070,000. Finally, Brucke Financial Inc. bought a new stake in shares of Netflix during the 4th quarter valued at about $753,000. Institutional investors own 80.93% of the company's stock.

Insider Buying and Selling at Netflix

In related news, insider Cletus R. Willems sold 298 shares of the business's stock in a transaction 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 transaction, the insider now directly owns 31,610 shares in the company, valued at $35,972,180. The trade was a 0.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Spencer Adam Neumann sold 2,601 shares of the business's stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $982.05, for a total value of $2,554,312.05. Following the transaction, the chief financial officer now owns 3,691 shares in the company, valued at approximately $3,624,746.55. This trade represents a 41.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 132,708 shares of company stock valued at $138,323,256 in the last ninety days. Corporate insiders own 1.37% of the company's stock.

Netflix Trading Down 0.2%

Shares of NASDAQ:NFLX traded down $3.02 during trading on Wednesday, hitting $1,208.55. The company had a trading volume of 1,835,778 shares, compared to its average volume of 3,751,038. The stock has a market cap of $514.32 billion, a price-to-earnings ratio of 60.95, a price-to-earnings-growth ratio of 2.12 and a beta of 1.58. Netflix, Inc. has a one year low of $587.04 and a one year high of $1,215.39. The company has a fifty day simple moving average of $1,045.95 and a two-hundred day simple moving average of $967.38. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.22 and a quick ratio of 1.22.

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 for the quarter, compared to the consensus estimate of $10.51 billion. Netflix had a return on equity of 38.32% and a net margin of 22.34%. During the same period in the prior year, the business posted $8.28 earnings per share. As a group, equities analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently weighed in on NFLX. KeyCorp boosted their target price on Netflix from $1,000.00 to $1,070.00 and gave the stock an "overweight" rating in a research report on Monday, April 21st. Evercore ISI reissued an "outperform" rating on shares of Netflix in a research note on Thursday, May 15th. Wall Street Zen cut Netflix from a "buy" rating to a "hold" rating in a research note on Tuesday, February 4th. Moffett Nathanson reaffirmed a "buy" rating and issued a $1,150.00 price target (up from $1,100.00) on shares of Netflix in a research note on Friday, April 18th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $1,126.00 price target on shares of Netflix in a report on Thursday, April 17th. Eleven equities research analysts have rated the stock with a hold rating, twenty-five have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $1,102.79.

Netflix Company 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.