Raymond James Financial Services Advisors Inc. increased its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 7.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 96,162 shares of the Internet television network’s stock after purchasing an additional 7,006 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Netflix were worth $17,439,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC increased its position in Netflix by 0.6% during the second quarter. Quadrant Capital Group LLC now owns 1,684 shares of the Internet television network’s stock worth $229,000 after purchasing an additional 10 shares during the last quarter. Kalos Management Inc. increased its position in Netflix by 0.7% during the second quarter. Kalos Management Inc. now owns 1,621 shares of the Internet television network’s stock worth $242,000 after purchasing an additional 12 shares during the last quarter. Northwest Wealth Management LLC increased its position in Netflix by 0.8% during the second quarter. Northwest Wealth Management LLC now owns 1,890 shares of the Internet television network’s stock worth $282,000 after purchasing an additional 15 shares during the last quarter. Lincoln Capital Corp increased its position in Netflix by 1.0% during the second quarter. Lincoln Capital Corp now owns 2,020 shares of the Internet television network’s stock worth $302,000 after purchasing an additional 20 shares during the last quarter. Finally, Appropriate Balance Financial Services Inc. increased its position in Netflix by 5.6% during the second quarter. Appropriate Balance Financial Services Inc. now owns 702 shares of the Internet television network’s stock worth $4,701,000 after purchasing an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 80.43% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Netflix from a “buy” rating to a “hold” rating in a research report on Wednesday. B. Riley restated a “neutral” rating on shares of Netflix in a research report on Wednesday, November 1st. Loop Capital restated a “buy” rating and set a $237.00 price objective on shares of Netflix in a research report on Thursday, October 26th. Needham & Company LLC restated a “neutral” rating on shares of Netflix in a research report on Thursday, October 19th. Finally, Vetr raised shares of Netflix from a “hold” rating to a “buy” rating and set a $210.19 target price for the company in a research note on Thursday, October 19th. One equities research analyst has rated the stock with a sell rating, eighteen have issued a hold rating and thirty-two have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $207.20.

Netflix, Inc. (NASDAQ:NFLX) opened at $193.20 on Friday. Netflix, Inc. has a one year low of $113.51 and a one year high of $204.38. The firm has a market cap of $84,600.00, a PE ratio of 197.69, a P/E/G ratio of 5.75 and a beta of 1.39. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Monday, October 16th. The Internet television network reported $0.29 EPS for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.03). Netflix had a net margin of 4.04% and a return on equity of 14.56%. The company 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% compared to the same quarter last year. equities analysts expect that Netflix, Inc. will post 1.28 earnings per share for the current fiscal year.

In other news, insider Jonathan Friedland sold 3,622 shares of the company’s stock in a transaction dated Friday, October 6th. The shares were sold at an average price of $194.89, for a total transaction of $705,891.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Richard N. Barton sold 700 shares of the company’s stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $194.29, for a total transaction of $136,003.00. Following the transaction, the director now directly owns 7,393 shares of the company’s stock, valued at approximately $1,436,385.97. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 344,072 shares of company stock valued at $63,582,550. Corporate insiders own 4.90% of the company’s stock.

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Netflix Profile

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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