IFM Investors Pty Ltd increased its holdings in Netflix, Inc. (NASDAQ:NFLX) by 3.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,073 shares of the Internet television network’s stock after acquiring an additional 406 shares during the quarter. IFM Investors Pty Ltd’s holdings in Netflix were worth $2,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of the stock. Quadrant Capital Group LLC increased its stake in shares of Netflix by 0.6% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,684 shares of the Internet television network’s stock worth $229,000 after acquiring an additional 10 shares in the last quarter. Kalos Management Inc. increased its stake in shares of Netflix by 0.7% in the 2nd quarter. Kalos Management Inc. now owns 1,621 shares of the Internet television network’s stock worth $242,000 after acquiring an additional 12 shares in the last quarter. Laurel Wealth Advisors Inc. increased its stake in shares of Netflix by 1.6% in the 2nd quarter. Laurel Wealth Advisors Inc. now owns 3,452 shares of the Internet television network’s stock worth $515,000 after acquiring an additional 53 shares in the last quarter. Sii Investments Inc. WI increased its stake in shares of Netflix by 2.1% in the 2nd quarter. Sii Investments Inc. WI now owns 3,075 shares of the Internet television network’s stock worth $460,000 after acquiring an additional 64 shares in the last quarter. Finally, Sunbelt Securities Inc. increased its stake in shares of Netflix by 2.1% in the 2nd quarter. Sunbelt Securities Inc. now owns 3,103 shares of the Internet television network’s stock worth $464,000 after acquiring an additional 65 shares in the last quarter. Institutional investors own 83.37% of the company’s stock.

Netflix, Inc. (NASDAQ:NFLX) opened at $185.73 on Wednesday. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47. The stock has a market cap of $81,587.12, a P/E ratio of 190.44, a P/E/G ratio of 5.60 and a beta of 1.33. Netflix, Inc. has a 1-year low of $122.50 and a 1-year high of $204.38.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.03). The business had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $2.97 billion. Netflix had a return on equity of 14.56% and a net margin of 4.04%. The business’s quarterly revenue was up 30.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.12 EPS. analysts expect that Netflix, Inc. will post 1.26 EPS for the current year.

Several brokerages recently issued reports on NFLX. Vetr upgraded shares of Netflix from a “sell” rating to a “hold” rating and set a $165.09 price target for the company in a research note on Wednesday, August 16th. B. Riley restated a “neutral” rating on shares of Netflix in a research note on Wednesday, November 1st. Rosenblatt Securities restated a “buy” rating and set a $200.00 price objective on shares of Netflix in a research note on Wednesday, August 16th. Wedbush restated a “hold” rating and set a $190.00 price objective (up from $180.00) on shares of Netflix in a research note on Wednesday, October 18th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Netflix in a research note on Tuesday, September 12th. One analyst has rated the stock with a sell rating, eighteen have given a hold rating, thirty-two have given a buy rating and one has issued a strong buy rating to the stock. Netflix currently has an average rating of “Buy” and an average target price of $209.65.

In related news, Director Richard N. Barton sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 19th. The shares were sold at an average price of $184.30, for a total value of $368,600.00. Following the transaction, the director now owns 8,012 shares of the company’s stock, valued at $1,476,611.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jonathan Friedland sold 3,622 shares of the firm’s stock in a transaction that occurred on Friday, October 6th. The stock was sold at an average price of $194.89, for a total transaction of $705,891.58. The disclosure for this sale can be found here. In the last three months, insiders sold 325,285 shares of company stock worth $62,818,751. 4.90% of the stock is currently owned by insiders.

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About Netflix

Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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