WINTON GROUP Ltd cut its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 47.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,796 shares of the Internet television network’s stock after selling 3,472 shares during the quarter. WINTON GROUP Ltd’s holdings in Netflix were worth $1,486,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. GHP Investment Advisors Inc. acquired a new stake in shares of Netflix in the second quarter worth approximately $789,000. Schroder Investment Management Group boosted its position in shares of Netflix by 4.0% in the second quarter. Schroder Investment Management Group now owns 297,887 shares of the Internet television network’s stock worth $117,790,000 after acquiring an additional 11,586 shares during the last quarter. Global X Management Co LLC boosted its position in shares of Netflix by 43.2% in the second quarter. Global X Management Co LLC now owns 12,879 shares of the Internet television network’s stock worth $5,041,000 after acquiring an additional 3,887 shares during the last quarter. Amussen Hunsaker Associates LLC acquired a new stake in shares of Netflix in the second quarter worth approximately $200,000. Finally, MAI Capital Management boosted its position in shares of Netflix by 5.2% in the second quarter. MAI Capital Management now owns 9,960 shares of the Internet television network’s stock worth $3,899,000 after acquiring an additional 496 shares during the last quarter. Institutional investors and hedge funds own 73.72% of the company’s stock.

In other news, Director Richard N. Barton sold 700 shares of the business’s stock in a transaction on Tuesday, July 10th. The shares were sold at an average price of $416.62, for a total transaction of $291,634.00. Following the transaction, the director now directly owns 7,393 shares of the company’s stock, valued at $3,080,071.66. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO David B. Wells sold 1,000 shares of the business’s stock in a transaction on Monday, September 17th. The stock was sold at an average price of $364.22, for a total transaction of $364,220.00. Following the transaction, the chief financial officer now directly owns 1,000 shares in the company, valued at $364,220. The disclosure for this sale can be found here. Over the last three months, insiders have sold 319,195 shares of company stock worth $112,492,438. Corporate insiders own 4.29% of the company’s stock.

NASDAQ NFLX opened at $369.43 on Wednesday. Netflix, Inc. has a 52 week low of $176.55 and a 52 week high of $423.21. The company has a debt-to-equity ratio of 1.86, a quick ratio of 1.54 and a current ratio of 1.54. The firm has a market cap of $160.95 billion, a PE ratio of 168.77, a PEG ratio of 4.62 and a beta of 0.90.

Netflix (NASDAQ:NFLX) last posted its earnings results on Monday, July 16th. The Internet television network reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.05. Netflix had a net margin of 7.13% and a return on equity of 25.66%. The business had revenue of $3.91 billion for the quarter, compared to analysts’ expectations of $3.94 billion. During the same period in the previous year, the company posted $0.15 earnings per share. The business’s revenue for the quarter was up 40.3% compared to the same quarter last year. equities research analysts anticipate that Netflix, Inc. will post 2.67 earnings per share for the current year.

Several research firms recently issued reports on NFLX. Pivotal Research raised their target price on shares of Netflix from $420.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, June 21st. Piper Jaffray Companies raised their target price on shares of Netflix from $367.00 to $420.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 19th. Monness Crespi & Hardt decreased their target price on shares of Netflix from $460.00 to $430.00 and set a “buy” rating on the stock in a research report on Tuesday, July 17th. Sanford C. Bernstein reissued a “buy” rating and issued a $434.00 target price on shares of Netflix in a research report on Tuesday, July 17th. Finally, ValuEngine raised shares of Netflix from a “hold” rating to a “buy” rating in a research report on Wednesday, September 12th. Five investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirty-two have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $355.69.

Netflix Profile

Netflix, Inc, an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. It operates in three segments: Domestic Streaming, International Streaming, and Domestic DVD. The company offers TV shows and movies, including original series, documentaries, and feature films.

Featured Article: Beta

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLX).

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.