Triglav Skladi D.O.O. Takes Position in Netflix, Inc. (NASDAQ:NFLX)

Triglav Skladi D.O.O. bought a new stake in Netflix, Inc. (NASDAQ:NFLX) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 37,030 shares of the Internet television network’s stock, valued at approximately $33,005,000. Netflix accounts for about 2.6% of Triglav Skladi D.O.O.’s holdings, making the stock its 10th largest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pathway Financial Advisers LLC increased its stake in shares of Netflix by 82.4% in the 4th quarter. Pathway Financial Advisers LLC now owns 31 shares of the Internet television network’s stock valued at $27,000 after buying an additional 14 shares during the period. Transce3nd LLC acquired a new stake in shares of Netflix during the fourth quarter worth $32,000. Newton One Investments LLC acquired a new stake in shares of Netflix during the fourth quarter worth $34,000. Pineridge Advisors LLC grew its stake in shares of Netflix by 4,000.0% during the fourth quarter. Pineridge Advisors LLC now owns 41 shares of the Internet television network’s stock worth $37,000 after purchasing an additional 40 shares during the period. Finally, Stuart Chaussee & Associates Inc. grew its stake in shares of Netflix by 4,500.0% during the fourth quarter. Stuart Chaussee & Associates Inc. now owns 46 shares of the Internet television network’s stock worth $41,000 after purchasing an additional 45 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $1,191.53 on Monday. The stock has a 50 day moving average price of $1,009.34 and a 200 day moving average price of $948.26. Netflix, Inc. has a 52 week low of $587.04 and a 52 week high of $1,196.50. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a market capitalization of $507.08 billion, a PE ratio of 60.09, a price-to-earnings-growth ratio of 2.12 and a beta of 1.58.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Thursday, April 17th. The Internet television network reported $6.61 EPS for the quarter, beating the consensus estimate of $5.74 by $0.87. Netflix had a return on equity of 38.32% and a net margin of 22.34%. The firm had revenue of $10.54 billion during the quarter, compared to analysts’ expectations of $10.51 billion. During the same period in the prior year, the firm posted $8.28 earnings per share. Analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on NFLX. FBN Securities began coverage on Netflix in a research note on Thursday, March 27th. They set an “outperform” rating and a $1,165.00 price objective for the company. Phillip Securities raised Netflix from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 21st. Wolfe Research raised Netflix from a “peer perform” rating to an “outperform” rating and set a $1,100.00 price objective for the company in a research note on Thursday, January 23rd. Deutsche Bank Aktiengesellschaft lifted their price objective on Netflix from $650.00 to $875.00 and gave the stock a “hold” rating in a research note on Wednesday, January 22nd. Finally, StockNews.com cut Netflix from a “buy” rating to a “hold” rating in a research note on Tuesday, February 4th. Ten investment analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,093.39.

Insider Buying and Selling at Netflix

In other Netflix news, Director Jay C. Hoag sold 32,515 shares of the company’s stock in a transaction that occurred on 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 sale, the director now owns 79,040 shares in the company, valued at $87,099,708.80. This represents a 29.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Jeffrey William Karbowski sold 160 shares of the company’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $1,000.00, for a total value of $160,000.00. The disclosure for this sale can be found here. Insiders have sold 132,868 shares of company stock worth $138,483,256 over the last 90 days. Company insiders own 1.76% of the company’s stock.

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.