Little House Capital LLC Purchases 88 Shares of Netflix, Inc. (NASDAQ:NFLX)

Little House Capital LLC increased its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 4.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,008 shares of the Internet television network’s stock after acquiring an additional 88 shares during the quarter. Little House Capital LLC’s holdings in Netflix were worth $978,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Authentikos Wealth Advisory LLC acquired a new position in Netflix during the 3rd quarter valued at approximately $25,000. Spartan Planning & Wealth Management acquired a new position in Netflix during the 3rd quarter valued at approximately $26,000. Blue Bell Private Wealth Management LLC increased its stake in Netflix by 89.7% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 74 shares of the Internet television network’s stock valued at $36,000 after purchasing an additional 35 shares in the last quarter. Carmel Capital Partners LLC increased its stake in Netflix by 290.0% during the 3rd quarter. Carmel Capital Partners LLC now owns 78 shares of the Internet television network’s stock valued at $30,000 after purchasing an additional 58 shares in the last quarter. Finally, Pacifica Partners Inc. acquired a new position in Netflix during the 4th quarter valued at approximately $41,000. Institutional investors own 80.93% of the company’s stock.

Insider Activity

In other news, Chairman Reed Hastings sold 20,734 shares of the stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $567.16, for a total value of $11,759,495.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Chairman Reed Hastings sold 20,734 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were sold at an average price of $567.16, for a total transaction of $11,759,495.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gregory K. Peters sold 5,352 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was sold at an average price of $625.00, for a total transaction of $3,345,000.00. Following the sale, the chief executive officer now owns 13,090 shares of the company’s stock, valued at $8,181,250. The disclosure for this sale can be found here. Insiders sold 154,573 shares of company stock worth $89,548,241 over the last three months. Insiders own 2.45% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on NFLX. Redburn Atlantic upped their price target on shares of Netflix from $550.00 to $610.00 and gave the company a “buy” rating in a research note on Wednesday, January 24th. Citigroup upped their price objective on shares of Netflix from $555.00 to $660.00 and gave the company a “neutral” rating in a report on Monday, March 25th. TD Cowen upped their price objective on shares of Netflix from $600.00 to $725.00 and gave the company a “buy” rating in a report on Monday, April 8th. StockNews.com raised shares of Netflix from a “hold” rating to a “buy” rating in a report on Monday, February 26th. Finally, Bank of America upped their price objective on shares of Netflix from $650.00 to $700.00 and gave the company a “buy” rating in a report on Friday, April 19th. One analyst has rated the stock with a sell rating, twelve have issued a hold rating and twenty-two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $630.58.

Netflix Price Performance

Shares of NASDAQ NFLX traded down $3.57 during mid-day trading on Friday, reaching $561.23. The company’s stock had a trading volume of 4,332,593 shares, compared to its average volume of 4,190,527. The stock has a 50-day moving average of $604.54 and a two-hundred day moving average of $520.48. The stock has a market capitalization of $241.83 billion, a P/E ratio of 38.95, a P/E/G ratio of 1.37 and a beta of 1.22. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.12 and a current ratio of 1.07. Netflix, Inc. has a 1-year low of $315.62 and a 1-year high of $639.00.

Netflix (NASDAQ:NFLX) last issued its earnings results on Thursday, April 18th. The Internet television network reported $5.28 EPS for the quarter, beating analysts’ consensus estimates of $4.51 by $0.77. The business had revenue of $9.37 billion during the quarter, compared to analysts’ expectations of $9.28 billion. Netflix had a net margin of 18.42% and a return on equity of 29.62%. The company’s quarterly revenue was up 14.8% compared to the same quarter last year. During the same period in the prior year, the business earned $2.88 earnings per share. On average, equities research analysts anticipate that Netflix, Inc. will post 18.13 EPS for the current fiscal year.

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.