Capital International Ltd. CA Purchases 241 Shares of Netflix, Inc. (NASDAQ:NFLX)

Capital International Ltd. CA grew its position in Netflix, Inc. (NASDAQ:NFLX) by 0.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 69,138 shares of the Internet television network’s stock after buying an additional 241 shares during the period. Netflix makes up 2.5% of Capital International Ltd. CA’s portfolio, making the stock its 6th largest position. Capital International Ltd. CA’s holdings in Netflix were worth $61,624,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Capital Group Private Client Services Inc. increased its stake in Netflix by 22.3% during the 4th quarter. Capital Group Private Client Services Inc. now owns 30,259 shares of the Internet television network’s stock worth $26,970,000 after purchasing an additional 5,519 shares in the last quarter. Capital International Sarl boosted its holdings in shares of Netflix by 5.1% in the fourth quarter. Capital International Sarl now owns 104,420 shares of the Internet television network’s stock valued at $93,072,000 after buying an additional 5,113 shares during the period. Alpha DNA Investment Management LLC bought a new stake in shares of Netflix during the fourth quarter worth $487,000. Fairfield Bush & CO. raised its holdings in shares of Netflix by 3.1% during the fourth quarter. Fairfield Bush & CO. now owns 1,792 shares of the Internet television network’s stock worth $1,597,000 after acquiring an additional 54 shares during the period. Finally, GKV Capital Management Co. Inc. bought a new stake in Netflix in the 4th quarter valued at $357,000. Institutional investors own 80.93% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on NFLX. Canaccord Genuity Group upgraded Netflix from a “hold” rating to a “buy” rating and increased their target price for the stock from $940.00 to $1,150.00 in a report on Wednesday, January 22nd. StockNews.com downgraded Netflix from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th. Piper Sandler started coverage on Netflix in a research note on Thursday. They issued an “overweight” rating and a $1,100.00 target price on the stock. Benchmark raised Netflix from a “sell” rating to a “hold” rating in a research report on Wednesday, January 22nd. Finally, Wedbush reiterated an “outperform” rating and issued a $1,150.00 price objective on shares of Netflix in a report on Friday, April 11th. Ten equities research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $1,020.63.

Netflix Stock Performance

NASDAQ:NFLX opened at $973.03 on Friday. The stock has a 50 day simple moving average of $955.57 and a 200 day simple moving average of $889.98. The stock has a market cap of $416.22 billion, a P/E ratio of 49.07, a PEG ratio of 2.12 and a beta of 1.55. Netflix, Inc. has a 1-year low of $542.01 and a 1-year high of $1,064.50. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.56.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, April 17th. The Internet television network reported $6.61 earnings per share for the quarter, topping analysts’ consensus estimates of $5.74 by $0.87. The company had revenue of $10.54 billion during the quarter, compared to the consensus estimate of $10.51 billion. Netflix had a return on equity of 38.32% and a net margin of 22.34%. During the same quarter last year, the firm earned $8.28 earnings per share. Research analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insiders Place Their Bets

In other news, CAO Jeffrey William Karbowski sold 160 shares of the company’s stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $1,000.00, for a total transaction of $160,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gregory K. Peters sold 102,228 shares of the stock in a transaction on Thursday, January 30th. The stock was sold at an average price of $980.74, for a total value of $100,259,088.72. Following the sale, the chief executive officer now directly owns 12,950 shares in the company, valued at approximately $12,700,583. This trade represents a 88.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 274,312 shares of company stock worth $267,919,297 in the last quarter. 1.76% of the stock is currently owned by corporate insiders.

Netflix Company Profile

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.