Janus Henderson Group PLC Buys 110,432 Shares of Netflix, Inc. (NASDAQ:NFLX)

Janus Henderson Group PLC grew its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 8.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,377,081 shares of the Internet television network's stock after acquiring an additional 110,432 shares during the period. Netflix accounts for approximately 0.6% of Janus Henderson Group PLC's investment portfolio, making the stock its 21st biggest position. Janus Henderson Group PLC owned 0.32% of Netflix worth $1,227,468,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of NFLX. Pathway Financial Advisers LLC increased its stake in shares of 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 buying an additional 14 shares during the period. Transce3nd LLC bought a new stake in Netflix during the 4th quarter worth approximately $32,000. Newton One Investments LLC acquired a new position in Netflix in the 4th quarter valued at approximately $34,000. Pineridge Advisors LLC raised its stake in shares of Netflix by 4,000.0% during 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 during the last quarter. Finally, Princeton Global Asset Management LLC lifted its holdings in shares of Netflix by 51.6% during 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. Institutional investors and hedge funds own 80.93% of the company's stock.

Netflix Stock Performance

Shares of Netflix stock opened at $1,139.81 on Friday. The firm has a market capitalization of $485.07 billion, a P/E ratio of 57.48, a price-to-earnings-growth ratio of 2.12 and a beta of 1.58. 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 business's fifty day simple moving average is $984.97 and its 200 day simple moving average is $933.06. Netflix, Inc. has a 12 month low of $587.04 and a 12 month high of $1,164.00.

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 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 for the quarter, compared to the consensus estimate of $10.51 billion. During the same period in the previous year, the firm earned $8.28 EPS. As a group, analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Transactions at Netflix

In other Netflix news, insider Cletus R. Willems sold 298 shares of the company's stock in a transaction dated Wednesday, May 7th. The shares were sold at an average price of $1,138.00, for a total transaction of $339,124.00. Following the sale, the insider now directly owns 31,610 shares of the company's stock, valued at $35,972,180. This represents a 0.93 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Gregory K. Peters sold 4,939 shares of the stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $1,030.00, for a total transaction of $5,087,170.00. Following the transaction, the chief executive officer now owns 12,950 shares of the company's stock, valued at $13,338,500. This represents a 27.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 132,530 shares of company stock worth $137,602,751 in the last quarter. Insiders own 1.76% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on NFLX. Bank of America raised their target price on Netflix from $1,000.00 to $1,175.00 and gave the stock a "buy" rating in a research report on Wednesday, January 22nd. Seaport Res Ptn upgraded Netflix from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 15th. Benchmark reiterated a "hold" rating on shares of Netflix in a report on Monday, April 21st. UBS Group lowered their price target on shares of Netflix from $1,150.00 to $1,140.00 and set a "buy" rating for the company in a report on Tuesday, April 15th. Finally, Piper Sandler set a $1,150.00 price objective on shares of Netflix and gave the company an "overweight" rating in a research note on Monday, April 21st. 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 company presently has a consensus rating of "Moderate Buy" and an average price target of $1,084.91.

About Netflix

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.