Netflix, Inc. (NASDAQ:NFLX) Stake Lifted by TFR Capital LLC.

TFR Capital LLC. lifted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 11.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,678 shares of the Internet television network’s stock after acquiring an additional 561 shares during the period. Netflix accounts for about 2.2% of TFR Capital LLC.’s investment portfolio, making the stock its 10th largest position. TFR Capital LLC.’s holdings in Netflix were worth $5,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Netflix by 100.0% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 13 shares during the period. Brown Shipley& Co Ltd purchased a new position in shares of Netflix during the 4th quarter worth about $27,000. Transce3nd LLC purchased a new position in shares of Netflix during the 4th quarter worth about $32,000. Copia Wealth Management purchased a new position in shares of Netflix during the 4th quarter worth about $37,000. Finally, Stuart Chaussee & Associates Inc. lifted its holdings in shares of Netflix by 4,500.0% during the 4th quarter. Stuart Chaussee & Associates Inc. now owns 46 shares of the Internet television network’s stock worth $41,000 after acquiring an additional 45 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. BMO Capital Markets reiterated an “outperform” rating and set a $1,200.00 price objective (up from $1,175.00) on shares of Netflix in a report on Friday, April 18th. Wolfe Research set a $1,340.00 price objective on shares of Netflix and gave the stock an “outperform” rating in a report on Friday, May 16th. Canaccord Genuity Group reissued a “buy” rating on shares of Netflix in a research report on Thursday. Moffett Nathanson reissued a “buy” rating and set a $1,150.00 target price (up previously from $1,100.00) on shares of Netflix in a research report on Friday, April 18th. Finally, Barclays reissued a “sell” rating and set a $1,100.00 target price (up previously from $1,000.00) on shares of Netflix in a research report on Wednesday. One analyst has rated the stock with a sell rating, eleven have given a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,214.52.

Insider Transactions at Netflix

In related news, Director Jay C. Hoag sold 32,515 shares of Netflix stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of $1,101.97, for a total value of $35,830,554.55. Following the transaction, the director owned 79,040 shares of the company’s stock, valued at approximately $87,099,708.80. This trade represents a 29.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Bradford L. Smith sold 3,919 shares of Netflix stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $1,124.26, for a total value of $4,405,974.94. Following the completion of the transaction, the director directly owned 7,969 shares in the company, valued at $8,959,227.94. This represents a 32.97% decrease in their position. The disclosure for this sale can be found here. Insiders sold 186,723 shares of company stock valued at $223,307,201 in the last three months. 1.37% of the stock is currently owned by insiders.

Netflix Stock Performance

NFLX stock opened at $1,245.11 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.20 and a current ratio of 1.20. The stock has a market capitalization of $529.88 billion, a price-to-earnings ratio of 58.84, a PEG ratio of 2.26 and a beta of 1.59. Netflix, Inc. has a 1 year low of $587.04 and a 1 year high of $1,341.15. The stock’s fifty day moving average is $1,221.70 and its two-hundred day moving average is $1,049.85.

Netflix (NASDAQ:NFLX) last released its earnings results on Thursday, April 17th. The Internet television network reported $6.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.74 by $0.87. The firm had revenue of $10.54 billion for the quarter, compared to analyst estimates of $10.51 billion. Netflix had a return on equity of 39.61% and a net margin of 23.07%. During the same period in the previous year, the company earned $8.28 earnings per share. On average, research analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.

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.