570 Shares in Netflix, Inc. (NASDAQ:NFLX) Bought by Nebula Research & Development LLC

Nebula Research & Development LLC acquired a new stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 570 shares of the Internet television network's stock, valued at approximately $508,000.

A number of other institutional investors have also made changes to their positions in NFLX. Principal Financial Group Inc. increased its position in Netflix by 13.3% in the 3rd quarter. Principal Financial Group Inc. now owns 1,692,563 shares of the Internet television network's stock worth $1,200,485,000 after buying an additional 198,148 shares during the period. McIlrath & Eck LLC grew its stake in shares of Netflix by 13.8% in the third quarter. McIlrath & Eck LLC now owns 247 shares of the Internet television network's stock worth $175,000 after acquiring an additional 30 shares during the last quarter. Advisory Resource Group increased its position in Netflix by 0.7% during the third quarter. Advisory Resource Group now owns 1,746 shares of the Internet television network's stock worth $1,238,000 after acquiring an additional 12 shares during the period. Virtu Financial LLC raised its stake in Netflix by 356.5% during the 3rd quarter. Virtu Financial LLC now owns 13,879 shares of the Internet television network's stock valued at $9,844,000 after purchasing an additional 10,839 shares during the last quarter. Finally, SOA Wealth Advisors LLC. boosted its holdings in Netflix by 1.2% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 1,515 shares of the Internet television network's stock valued at $1,075,000 after purchasing an additional 18 shares during the period. 80.93% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on NFLX shares. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Netflix from $650.00 to $875.00 and gave the company a "hold" rating in a research report on Wednesday, January 22nd. KeyCorp upped their price target on Netflix from $1,000.00 to $1,070.00 and gave the company an "overweight" rating in a report on Monday, April 21st. Benchmark restated a "hold" rating on shares of Netflix in a research note on Monday, April 21st. Macquarie lifted their price target on shares of Netflix from $1,150.00 to $1,200.00 and gave the stock an "outperform" rating in a research note on Monday, April 21st. Finally, Robert W. Baird increased their price objective on shares of Netflix from $875.00 to $1,200.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. Ten analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $1,072.12.

Netflix Trading Up 0.2 %

NFLX traded up $1.75 during trading on Thursday, reaching $1,133.47. 3,491,390 shares of the company's stock were exchanged, compared to its average volume of 3,716,579. The company's fifty day moving average price is $961.86 and its 200-day moving average price is $911.84. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.22 and a current ratio of 1.22. The firm has a market capitalization of $482.37 billion, a PE ratio of 57.16, a P/E/G ratio of 2.12 and a beta of 1.55. Netflix, Inc. has a fifty-two week low of $544.25 and a fifty-two week high of $1,142.19.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings data on Thursday, April 17th. The Internet television network reported $6.61 EPS for the quarter, beating analysts' consensus estimates of $5.74 by $0.87. Netflix had a return on equity of 38.32% and a net margin of 22.34%. The business had revenue of $10.54 billion during the quarter, compared to the consensus estimate of $10.51 billion. During the same quarter in the prior year, the company posted $8.28 earnings per share. As a group, equities analysts forecast that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Buying and Selling

In other Netflix news, insider David A. Hyman sold 424 shares of the stock in a transaction on Tuesday, February 4th. The shares were sold at an average price of $994.63, for a total value of $421,723.12. Following the sale, the insider now directly owns 31,610 shares in the company, valued at approximately $31,440,254.30. This trade represents a 1.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Jeffrey William Karbowski sold 160 shares of the business's stock in a transaction on Tuesday, February 4th. 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 have sold 153,181 shares of company stock valued at $153,232,778 in the last 90 days. 1.76% of the stock is owned by insiders.

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.