Netflix, Inc. (NASDAQ:NFLX) Stock Holdings Lifted by Samalin Investment Counsel LLC

Samalin Investment Counsel LLC increased its holdings in Netflix, Inc. (NASDAQ:NFLX) by 2.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 498 shares of the Internet television network’s stock after buying an additional 11 shares during the period. Samalin Investment Counsel LLC’s holdings in Netflix were worth $445,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of NFLX. Blueprint Investment Partners LLC lifted its position in Netflix by 13.2% in the 4th quarter. Blueprint Investment Partners LLC now owns 1,617 shares of the Internet television network’s stock valued at $1,441,000 after purchasing an additional 189 shares during the last quarter. Fortis Capital Management LLC grew its position in Netflix by 0.5% in the 4th quarter. Fortis Capital Management LLC now owns 10,117 shares of the Internet television network’s stock worth $9,017,000 after purchasing an additional 51 shares during the last quarter. Fox Run Management L.L.C. acquired a new stake in shares of Netflix in the fourth quarter valued at approximately $950,000. KLP Kapitalforvaltning AS bought a new stake in shares of Netflix during the fourth quarter valued at approximately $154,377,000. Finally, Vestor Capital LLC boosted its position in shares of Netflix by 0.5% during the fourth quarter. Vestor Capital LLC now owns 12,031 shares of the Internet television network’s stock worth $10,723,000 after buying an additional 55 shares during the period. Institutional investors own 80.93% of the company’s stock.

Insider Buying and Selling

In other Netflix news, CEO Gregory K. Peters sold 4,939 shares of the stock in a transaction on Monday, February 10th. The stock was sold at an average price of $1,030.00, for a total transaction of $5,087,170.00. Following the completion of the transaction, the chief executive officer now directly owns 12,950 shares in the company, valued at $13,338,500. This represents a 27.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman Reed Hastings sold 35,868 shares of the business’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $888.08, for a total transaction of $31,853,653.44. Following the completion of the sale, the chairman now owns 114 shares in the company, valued at $101,241.12. This represents a 99.68 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 288,103 shares of company stock worth $279,142,041 in the last 90 days. 1.76% of the stock is owned by company insiders.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $960.29 on Monday. The firm has a market capitalization of $410.77 billion, a PE ratio of 48.43, a PEG ratio of 2.12 and a beta of 1.38. 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, Inc. has a 1-year low of $542.01 and a 1-year high of $1,064.50. The business’s 50 day moving average is $959.08 and its 200-day moving average is $859.06.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Tuesday, January 21st. The Internet television network reported $4.27 EPS for the quarter, topping analysts’ consensus estimates of $4.20 by $0.07. The company had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $10.14 billion. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The firm’s revenue for the quarter was up 16.0% compared to the same quarter last year. During the same period last year, the firm earned $2.11 EPS. Sell-side analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently commented on NFLX. Benchmark upgraded Netflix from a “sell” rating to a “hold” rating in a research report on Wednesday, January 22nd. Evercore ISI lifted their price objective on shares of Netflix from $950.00 to $1,100.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Argus increased their target price on shares of Netflix from $840.00 to $1,040.00 and gave the company a “buy” rating in a research report on Monday, January 6th. KeyCorp boosted their price target on shares of Netflix from $1,000.00 to $1,100.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 22nd. Finally, StockNews.com cut shares of Netflix from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th. Ten equities research analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,016.78.

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.