Andra AP fonden decreased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 14.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,300 shares of the Internet television network’s stock after selling 2,100 shares during the period. Andra AP fonden’s holdings in Netflix were worth $4,815,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Berkeley Capital Partners LLC raised its stake in shares of Netflix by 17.3% in the second quarter. Berkeley Capital Partners LLC now owns 1,008 shares of the Internet television network’s stock valued at $273,000 after acquiring an additional 149 shares during the last quarter. Capstone Financial Advisors Inc. raised its stake in shares of Netflix by 17.8% in the second quarter. Capstone Financial Advisors Inc. now owns 1,006 shares of the Internet television network’s stock valued at $394,000 after acquiring an additional 152 shares during the last quarter. Cornerstone Advisors Inc. raised its stake in shares of Netflix by 9.6% in the second quarter. Cornerstone Advisors Inc. now owns 1,740 shares of the Internet television network’s stock valued at $681,000 after acquiring an additional 153 shares during the last quarter. Cobblestone Capital Advisors LLC NY raised its stake in shares of Netflix by 22.1% in the second quarter. Cobblestone Capital Advisors LLC NY now owns 855 shares of the Internet television network’s stock valued at $335,000 after acquiring an additional 155 shares during the last quarter. Finally, SignalPoint Asset Management LLC raised its stake in shares of Netflix by 8.4% in the second quarter. SignalPoint Asset Management LLC now owns 2,060 shares of the Internet television network’s stock valued at $806,000 after acquiring an additional 160 shares during the last quarter. Hedge funds and other institutional investors own 73.72% of the company’s stock.

In other news, CFO David B. Wells sold 1,000 shares of the business’s stock in a transaction on Monday, July 2nd. The shares were sold at an average price of $385.05, for a total value of $385,050.00. Following the completion of the transaction, the chief financial officer now owns 1,000 shares of the company’s stock, valued at approximately $385,050. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel David A. Hyman sold 38,976 shares of the business’s stock in a transaction on Thursday, July 19th. The shares were sold at an average price of $371.20, for a total transaction of $14,467,891.20. Following the completion of the transaction, the general counsel now directly owns 43,895 shares of the company’s stock, valued at approximately $16,293,824. The disclosure for this sale can be found here. Insiders sold a total of 319,195 shares of company stock valued at $112,492,438 in the last three months. 4.29% of the stock is owned by company insiders.

NFLX has been the subject of a number of research analyst reports. Royal Bank of Canada reiterated a “buy” rating and issued a $360.00 target price on shares of Netflix in a research note on Friday, June 1st. UBS Group cut shares of Netflix from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $425.00 to $237.00 in a research report on Wednesday, July 11th. Goldman Sachs Group restated a “$375.13” rating and issued a $470.00 price objective on shares of Netflix in a research report on Wednesday, July 18th. Atlantic Securities restated a “buy” rating and issued a $413.00 price objective on shares of Netflix in a research report on Monday, September 3rd. Finally, SunTrust Banks boosted their price objective on shares of Netflix from $270.00 to $415.00 and gave the stock a “hold” rating in a research report on Friday, July 13th. Five investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirty-two have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $355.69.

NFLX opened at $369.43 on Wednesday. The company has a debt-to-equity ratio of 1.86, a current ratio of 1.54 and a quick ratio of 1.54. Netflix, Inc. has a 52 week low of $176.55 and a 52 week high of $423.21. The firm has a market cap of $157.28 billion, a price-to-earnings ratio of 295.54, a price-to-earnings-growth ratio of 4.51 and a beta of 0.90.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Monday, July 16th. The Internet television network reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.05. Netflix had a net margin of 7.13% and a return on equity of 25.66%. The company had revenue of $3.91 billion during the quarter, compared to analyst estimates of $3.94 billion. During the same quarter in the previous year, the business earned $0.15 EPS. The firm’s revenue was up 40.3% on a year-over-year basis. equities analysts expect that Netflix, Inc. will post 2.67 EPS for the current year.

Netflix Profile

Netflix, Inc, an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. It operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. The company offers TV shows and movies, including original series, documentaries, and feature films.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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