Keybank National Association OH increased its stake in Netflix, Inc. (NASDAQ:NFLX) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,781 shares of the Internet television network’s stock after acquiring an additional 440 shares during the quarter. Keybank National Association OH’s holdings in Netflix were worth $2,136,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. Ballentine Partners LLC bought a new stake in Netflix during the 1st quarter valued at $202,000. Piedmont Investment Advisors LLC increased its stake in Netflix by 0.9% during the 1st quarter. Piedmont Investment Advisors LLC now owns 86,605 shares of the Internet television network’s stock valued at $12,801,000 after purchasing an additional 752 shares in the last quarter. Sowell Financial Services LLC bought a new stake in Netflix during the 1st quarter valued at $259,000. Laurel Wealth Advisors Inc. increased its stake in Netflix by 2.9% during the 1st quarter. Laurel Wealth Advisors Inc. now owns 3,399 shares of the Internet television network’s stock valued at $502,000 after purchasing an additional 97 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its stake in Netflix by 329.8% during the 1st quarter. Nomura Asset Management Co. Ltd. now owns 217,404 shares of the Internet television network’s stock valued at $32,134,000 after purchasing an additional 166,820 shares in the last quarter. Institutional investors own 80.68% of the company’s stock.

A number of analysts have commented on the stock. B. Riley restated a “neutral” rating on shares of Netflix in a research note on Wednesday, November 1st. Jefferies Group LLC restated a “hold” rating and set a $165.00 price target (down previously from $171.80) on shares of Netflix in a research note on Wednesday, August 9th. Wedbush restated a “sell” rating on shares of Netflix in a research note on Wednesday, August 9th. J P Morgan Chase & Co restated a “buy” rating on shares of Netflix in a research note on Wednesday, August 9th. Finally, SunTrust Banks, Inc. set a $175.00 price target on shares of Netflix and gave the company a “hold” rating in a research note on Monday, October 16th. One investment analyst has rated the stock with a sell rating, seventeen have issued a hold rating and thirty-three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $207.20.

In other news, insider Jonathan Friedland sold 3,622 shares of the firm’s stock in a transaction on Friday, October 6th. The stock was sold at an average price of $194.89, for a total transaction of $705,891.58. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO David B. Wells sold 1,000 shares of the firm’s stock in a transaction on Wednesday, November 8th. The shares were sold at an average price of $195.84, for a total value of $195,840.00. Following the transaction, the chief financial officer now owns 1,000 shares of the company’s stock, valued at $195,840. The disclosure for this sale can be found here. In the last quarter, insiders sold 342,372 shares of company stock valued at $63,255,427. 4.90% of the stock is owned by corporate insiders.

Netflix, Inc. (NFLX) opened at $192.02 on Friday. 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 capitalization of $83,906.56, a price-to-earnings ratio of 195.86, a price-to-earnings-growth ratio of 5.70 and a beta of 1.39. Netflix, Inc. has a twelve month low of $110.68 and a twelve month 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 firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.97 billion. Netflix had a return on equity of 14.56% and a net margin of 4.04%. Netflix’s revenue for the quarter was up 30.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.12 EPS. equities analysts forecast that Netflix, Inc. will post 1.28 EPS for the current year.

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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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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