Netflix, Inc. (NASDAQ:NFLX) Stock Holdings Lifted by Capricorn Fund Managers Ltd

Capricorn Fund Managers Ltd increased its holdings in Netflix, Inc. (NASDAQ:NFLX) by 28.0% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,664 shares of the Internet television network’s stock after buying an additional 364 shares during the period. Netflix makes up about 0.8% of Capricorn Fund Managers Ltd’s portfolio, making the stock its 29th largest holding. Capricorn Fund Managers Ltd’s holdings in Netflix were worth $1,180,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Heartland Bank & Trust Co boosted its stake in Netflix by 0.9% in the second quarter. Heartland Bank & Trust Co now owns 1,770 shares of the Internet television network’s stock valued at $1,195,000 after acquiring an additional 15 shares during the period. Meritas Wealth Management LLC boosted its position in Netflix by 2.9% during the 3rd quarter. Meritas Wealth Management LLC now owns 573 shares of the Internet television network’s stock valued at $406,000 after purchasing an additional 16 shares during the period. Obermeyer Wood Investment Counsel Lllp grew its stake in Netflix by 2.8% during the 1st quarter. Obermeyer Wood Investment Counsel Lllp now owns 623 shares of the Internet television network’s stock worth $378,000 after buying an additional 17 shares during the last quarter. Private Portfolio Partners LLC increased its position in Netflix by 1.7% in the first quarter. Private Portfolio Partners LLC now owns 1,042 shares of the Internet television network’s stock worth $633,000 after buying an additional 17 shares during the period. Finally, FAS Wealth Partners Inc. lifted its stake in Netflix by 1.5% in the second quarter. FAS Wealth Partners Inc. now owns 1,164 shares of the Internet television network’s stock valued at $786,000 after buying an additional 17 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Netflix Price Performance

NASDAQ NFLX opened at $722.79 on Monday. Netflix, Inc. has a twelve month low of $344.73 and a twelve month high of $736.00. The stock has a market capitalization of $311.52 billion, a PE ratio of 50.16, a P/E/G ratio of 1.49 and a beta of 1.26. The stock has a 50-day simple moving average of $686.60 and a 200 day simple moving average of $651.60. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.95 and a current ratio of 0.95.

Netflix (NASDAQ:NFLX) last released its earnings results on Thursday, July 18th. The Internet television network reported $4.88 EPS for the quarter, beating the consensus estimate of $4.74 by $0.14. The firm had revenue of $9.56 billion during the quarter, compared to analysts’ expectations of $9.53 billion. Netflix had a net margin of 19.54% and a return on equity of 32.93%. The business’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same period in the prior year, the company earned $3.29 EPS. Research analysts anticipate that Netflix, Inc. will post 19.08 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Oppenheimer upped their price target on shares of Netflix from $725.00 to $775.00 and gave the stock an “outperform” rating in a research report on Thursday. Barclays restated an “underweight” rating and issued a $550.00 price target on shares of Netflix in a research note on Monday, October 7th. The Goldman Sachs Group increased their price objective on Netflix from $650.00 to $659.00 and gave the stock a “neutral” rating in a report on Friday, July 19th. Sanford C. Bernstein raised their price target on Netflix from $600.00 to $625.00 and gave the company a “market perform” rating in a report on Friday, July 19th. Finally, StockNews.com upgraded shares of Netflix from a “hold” rating to a “buy” rating in a research note on Tuesday, September 24th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $702.79.

Insider Activity at Netflix

In related news, Director Leslie J. Kilgore sold 383 shares of the business’s stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $730.00, for a total transaction of $279,590.00. Following the transaction, the director now directly owns 35,262 shares in the company, valued at $25,741,260. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other Netflix news, Director Leslie J. Kilgore sold 383 shares of Netflix stock in a transaction on Thursday, October 10th. The shares were sold at an average price of $730.00, for a total transaction of $279,590.00. Following the sale, the director now owns 35,262 shares in the company, valued at $25,741,260. The trade was a 0.00 % 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, Director Leslie J. Kilgore sold 402 shares of the stock in a transaction on Wednesday, September 25th. The shares were sold at an average price of $725.00, for a total transaction of $291,450.00. Following the completion of the transaction, the director now owns 35,262 shares of the company’s stock, valued at approximately $25,564,950. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 225,167 shares of company stock worth $150,492,460. 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.