Syntal Capital Partners LLC raised its holdings in Netflix, Inc. (NASDAQ:NFLX) by 81.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 8,127 shares of the Internet television network’s stock after acquiring an additional 3,649 shares during the quarter. Syntal Capital Partners LLC’s holdings in Netflix were worth $1,560,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Balentine LLC boosted its position in Netflix by 1,020.4% in the 3rd quarter. Balentine LLC now owns 549 shares of the Internet television network’s stock valued at $100,000 after buying an additional 500 shares during the period. Aviance Capital Management LLC purchased a new position in Netflix in the 2nd quarter valued at approximately $137,000. Steward Partners Investment Advisory LLC purchased a new position in Netflix in the 3rd quarter valued at approximately $171,000. Grove Bank & Trust boosted its position in Netflix by 249.6% in the 3rd quarter. Grove Bank & Trust now owns 958 shares of the Internet television network’s stock valued at $174,000 after buying an additional 684 shares during the period. Finally, Harfst & Associates Inc. boosted its position in Netflix by 36.8% in the 2nd quarter. Harfst & Associates Inc. now owns 1,015 shares of the Internet television network’s stock valued at $151,000 after buying an additional 273 shares during the period. 83.27% of the stock is owned by institutional investors.

In other news, Director Richard N. Barton sold 350 shares of the 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 owns 7,171 shares of the company’s stock, valued at $1,331,726.41. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Reed Hastings sold 83,335 shares of the stock in a transaction on Monday, October 23rd. The stock was sold at an average price of $192.79, for a total transaction of $16,066,154.65. Following the completion of the sale, the chief executive officer now directly owns 83,335 shares of the company’s stock, valued at approximately $16,066,154.65. The disclosure for this sale can be found here. Insiders have sold 341,551 shares of company stock valued at $66,457,350 in the last ninety days. 4.90% of the stock is currently owned by company insiders.

NFLX has been the subject of several recent research reports. Bank of America raised their price target on shares of Netflix from $225.00 to $199.00 and gave the company a “buy” rating in a research report on Friday, December 1st. Goldman Sachs Group set a $250.00 price target on shares of Netflix and gave the company a “buy” rating in a research report on Tuesday, November 28th. Zacks Investment Research raised shares of Netflix from a “hold” rating to a “buy” rating and set a $219.00 price target for the company in a research report on Monday, November 20th. Wedbush set a $93.00 price target on shares of Netflix and gave the company a “sell” rating in a research report on Tuesday, October 17th. Finally, CIBC reaffirmed an “outperform” rating and set a $245.00 price objective (up from $215.00) on shares of Netflix in a research report on Tuesday, October 17th. One research analyst has rated the stock with a sell rating, seventeen have given a hold rating and thirty-five have given a buy rating to the company. Netflix currently has a consensus rating of “Buy” and a consensus target price of $213.07.

Shares of Netflix, Inc. (NFLX) traded up $2.83 during mid-day trading on Thursday, reaching $220.33. 8,209,904 shares of the company traded hands, compared to its average volume of 6,590,000. Netflix, Inc. has a 1 year low of $131.06 and a 1 year high of $226.07. 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 firm has a market capitalization of $95,340.00, a price-to-earnings ratio of 222.56, a price-to-earnings-growth ratio of 3.59 and a beta of 1.34.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Monday, October 16th. The Internet television network reported $0.29 EPS for the quarter, missing the 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 company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.97 billion. During the same period last year, the company posted $0.12 EPS. The business’s revenue for the quarter was up 30.3% on a year-over-year basis. sell-side analysts anticipate that Netflix, Inc. will post 1.25 earnings per share for the current fiscal year.

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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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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