J. Goldman & Co LP Has $992,000 Holdings in Netflix, Inc. (NASDAQ:NFLX)

J. Goldman & Co LP decreased its holdings in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 98.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,113 shares of the Internet television network's stock after selling 75,370 shares during the quarter. J. Goldman & Co LP's holdings in Netflix were worth $992,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of NFLX. Pathway Financial Advisers LLC raised its position in shares of Netflix by 82.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 31 shares of the Internet television network's stock worth $27,000 after buying an additional 14 shares in the last quarter. Transce3nd LLC acquired a new position in shares of Netflix during the fourth quarter valued at approximately $32,000. Newton One Investments LLC bought a new stake in Netflix during the fourth quarter worth approximately $34,000. Pineridge Advisors LLC raised its holdings in Netflix by 4,000.0% during the fourth quarter. Pineridge Advisors LLC now owns 41 shares of the Internet television network's stock worth $37,000 after purchasing an additional 40 shares in the last quarter. Finally, Princeton Global Asset Management LLC lifted its position in Netflix by 51.6% in the fourth quarter. Princeton Global Asset Management LLC now owns 47 shares of the Internet television network's stock worth $42,000 after purchasing an additional 16 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Stock Performance

Shares of NASDAQ NFLX traded up $28.44 during trading hours on Tuesday, hitting $1,138.44. 3,993,936 shares of the stock were exchanged, compared to its average volume of 3,758,663. Netflix, Inc. has a one year low of $587.04 and a one year high of $1,164.00. The company's 50 day moving average is $991.99 and its 200 day moving average is $938.19. 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 firm has a market capitalization of $484.49 billion, a P/E ratio of 57.41, a P/E/G ratio of 2.12 and a beta of 1.58.

Netflix (NASDAQ:NFLX - Get Free Report) last released its earnings results 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 net margin of 22.34% and a return on equity of 38.32%. During the same quarter in the previous year, the business earned $8.28 EPS. On average, research analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Activity at Netflix

In other news, CEO Gregory K. Peters sold 2,027 shares of the business's stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $1,141.51, for a total transaction of $2,313,840.77. Following the transaction, the chief executive officer now owns 12,781 shares in the company, valued at approximately $14,589,639.31. The trade was a 13.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Jeffrey William Karbowski sold 160 shares of the stock in a transaction dated Wednesday, February 26th. The shares were sold at an average price of $1,000.00, for a total transaction of $160,000.00. The disclosure for this sale can be found here. Insiders sold a total of 132,868 shares of company stock worth $138,483,256 in the last 90 days. 1.76% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on NFLX shares. Oppenheimer reissued an "outperform" rating and issued a $1,200.00 price objective (up previously from $1,150.00) on shares of Netflix in a research note on Friday, April 18th. Arete Research upgraded shares of Netflix to a "hold" rating in a research report on Thursday, January 23rd. Benchmark reissued a "hold" rating on shares of Netflix in a report on Monday, April 21st. FBN Securities initiated coverage on shares of Netflix in a research note on Thursday, March 27th. They issued an "outperform" rating and a $1,165.00 price objective on the stock. Finally, Loop Capital reiterated a "hold" rating on shares of Netflix in a report on Monday, March 24th. Ten investment analysts have rated the stock with a hold rating, twenty-six have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,084.91.

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.