Netflix, Inc. (NASDAQ:NFLX) Stock Holdings Lifted by Aljian Capital Management LLC

Aljian Capital Management LLC boosted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 6.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,347 shares of the Internet television network’s stock after purchasing an additional 489 shares during the period. Netflix comprises approximately 1.4% of Aljian Capital Management LLC’s holdings, making the stock its 10th largest holding. Aljian Capital Management LLC’s holdings in Netflix were worth $5,920,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Denver PWM LLC bought a new stake in Netflix during the 2nd quarter valued at approximately $25,000. Proffitt & Goodson Inc. boosted its position in shares of Netflix by 380.0% during the second quarter. Proffitt & Goodson Inc. now owns 48 shares of the Internet television network’s stock valued at $32,000 after purchasing an additional 38 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. grew its stake in Netflix by 700.0% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network’s stock worth $34,000 after purchasing an additional 42 shares during the period. AlphaMark Advisors LLC raised its holdings in Netflix by 642.9% in the second quarter. AlphaMark Advisors LLC now owns 52 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 45 shares in the last quarter. Finally, First Personal Financial Services purchased a new position in Netflix during the third quarter valued at $40,000. Institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on NFLX. KeyCorp increased their price target on shares of Netflix from $760.00 to $785.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Benchmark reiterated a “sell” rating and set a $545.00 target price on shares of Netflix in a report on Tuesday, October 15th. JPMorgan Chase & Co. upped their price target on Netflix from $750.00 to $850.00 and gave the stock an “overweight” rating in a research note on Friday, October 18th. Jefferies Financial Group lifted their price objective on Netflix from $780.00 to $800.00 and gave the company a “buy” rating in a research note on Friday, October 18th. Finally, Pivotal Research increased their target price on Netflix from $900.00 to $925.00 and gave the stock a “buy” rating in a research note on Friday, October 18th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-five have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $748.15.

Insider Buying and Selling

In other Netflix news, Director Timothy M. Haley sold 647 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $800.19, for a total value of $517,722.93. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider David A. Hyman sold 267 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $765.67, for a total value of $204,433.89. Following the completion of the sale, the insider now owns 31,610 shares in the company, valued at approximately $24,202,828.70. The trade was a 0.84 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 205,084 shares of company stock valued at $146,747,101. Company insiders own 1.76% of the company’s stock.

Netflix Stock Down 1.6 %

Shares of NASDAQ NFLX opened at $823.96 on Monday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.62. Netflix, Inc. has a 12-month low of $445.73 and a 12-month high of $841.00. The firm’s 50-day moving average price is $735.77 and its 200-day moving average price is $681.37. The stock has a market capitalization of $352.21 billion, a price-to-earnings ratio of 46.63, a P/E/G ratio of 1.59 and a beta of 1.25.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Thursday, October 17th. The Internet television network reported $5.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.09 by $0.31. The business had revenue of $9.82 billion for the quarter, compared to the consensus estimate of $9.77 billion. Netflix had a return on equity of 35.86% and a net margin of 20.70%. On average, equities research analysts anticipate that Netflix, Inc. will post 19.78 EPS for the current fiscal 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.