Green Square Capital LLC increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 52.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,286 shares of the Internet television network’s stock after purchasing an additional 2,498 shares during the quarter. Green Square Capital LLC’s holdings in Netflix were worth $1,321,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the stock. Quadrant Capital Group LLC lifted its stake in Netflix by 0.6% in the second quarter. Quadrant Capital Group LLC now owns 1,684 shares of the Internet television network’s stock valued at $229,000 after buying an additional 10 shares during the last quarter. Kalos Management Inc. lifted its stake in Netflix by 0.7% in the second quarter. Kalos Management Inc. now owns 1,621 shares of the Internet television network’s stock valued at $242,000 after buying an additional 12 shares during the last quarter. Laurel Wealth Advisors Inc. lifted its stake in Netflix by 1.6% in the second quarter. Laurel Wealth Advisors Inc. now owns 3,452 shares of the Internet television network’s stock valued at $515,000 after buying an additional 53 shares during the last quarter. Sii Investments Inc. WI lifted its stake in Netflix by 2.1% in the second quarter. Sii Investments Inc. WI now owns 3,075 shares of the Internet television network’s stock valued at $460,000 after buying an additional 64 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its stake in Netflix by 2.1% in the second quarter. Sunbelt Securities Inc. now owns 3,103 shares of the Internet television network’s stock valued at $464,000 after buying an additional 65 shares during the last quarter. Hedge funds and other institutional investors own 83.37% of the company’s stock.

Netflix, Inc. (NASDAQ:NFLX) opened at $186.22 on Tuesday. Netflix, Inc. has a twelve month low of $122.30 and a twelve month high of $204.38. The firm has a market capitalization of $80,830.00, a price-to-earnings ratio of 190.44, a P/E/G ratio of 5.60 and a beta of 1.33. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 1.47.

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

A number of equities research analysts have weighed in on NFLX shares. Vetr cut Netflix from a “hold” rating to a “sell” rating and set a $165.09 price objective for the company. in a research note on Wednesday, August 30th. Robert W. Baird reiterated a “hold” rating and issued a $175.00 price objective on shares of Netflix in a research note on Friday, September 1st. Jefferies Group set a $165.00 price objective on Netflix and gave the company a “neutral” rating in a research note on Monday, September 18th. Zacks Investment Research upgraded Netflix from a “hold” rating to a “buy” rating and set a $219.00 price objective for the company in a research note on Monday, November 20th. Finally, KeyCorp reiterated a “buy” rating and issued a $190.00 price objective on shares of Netflix in a research note on Friday, August 25th. One research analyst has rated the stock with a sell rating, eighteen have given a hold rating, thirty-two have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $209.65.

In other Netflix news, CEO Reed Hastings sold 75,467 shares of the company’s stock in a transaction on Wednesday, September 20th. The stock was sold at an average price of $185.02, for a total value of $13,962,904.34. Following the sale, the chief executive officer now owns 75,467 shares of the company’s stock, valued at $13,962,904.34. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard N. Barton sold 350 shares of the company’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $185.71, for a total value of $64,998.50. Following the completion of the sale, the director now directly owns 7,171 shares in the company, valued at approximately $1,331,726.41. The disclosure for this sale can be found here. Insiders sold 324,285 shares of company stock worth $62,630,811 in the last three months. 4.90% of the stock is owned by corporate 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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