Netflix, Inc. (NASDAQ:NFLX) Shares Bought by Capital Advisors Inc. OK

Capital Advisors Inc. OK lifted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 10.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,702 shares of the Internet television network’s stock after purchasing an additional 647 shares during the period. Capital Advisors Inc. OK’s holdings in Netflix were worth $4,754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in NFLX. New World Advisors LLC lifted its position in shares of Netflix by 2.0% during the 3rd quarter. New World Advisors LLC now owns 724 shares of the Internet television network’s stock valued at $514,000 after acquiring an additional 14 shares during the last quarter. Heartland Bank & Trust Co raised its position in shares of Netflix by 0.9% during the second quarter. Heartland Bank & Trust Co now owns 1,770 shares of the Internet television network’s stock worth $1,195,000 after purchasing an additional 15 shares during the period. Cedrus LLC lifted its holdings in shares of Netflix by 0.8% during the third quarter. Cedrus LLC now owns 1,781 shares of the Internet television network’s stock valued at $1,263,000 after purchasing an additional 15 shares during the last quarter. Capstone Triton Financial Group LLC boosted its position in shares of Netflix by 0.6% in the 3rd quarter. Capstone Triton Financial Group LLC now owns 2,421 shares of the Internet television network’s stock valued at $1,717,000 after purchasing an additional 15 shares during the period. Finally, Meritas Wealth Management LLC increased its stake in Netflix by 2.9% in the 3rd quarter. Meritas Wealth Management LLC now owns 573 shares of the Internet television network’s stock worth $406,000 after purchasing an additional 16 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Spencer Adam Neumann sold 433 shares of the stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $626.19, for a total value of $271,140.27. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Netflix news, insider David A. Hyman sold 20,656 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $605.13, for a total value of $12,499,565.28. Following the sale, the insider now owns 31,610 shares of the company’s stock, valued at $19,128,159.30. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Spencer Adam Neumann sold 433 shares of the firm’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $626.19, for a total transaction of $271,140.27. The disclosure for this sale can be found here. Insiders have sold 209,810 shares of company stock worth $142,049,542 in the last ninety days. Insiders own 1.76% of the company’s stock.

Netflix Stock Up 0.0 %

NFLX opened at $756.10 on Friday. Netflix, Inc. has a 1-year low of $417.10 and a 1-year high of $773.00. The business has a 50 day moving average of $712.96 and a 200-day moving average of $664.02. The stock has a market capitalization of $323.20 billion, a price-to-earnings ratio of 42.79, a P/E/G ratio of 1.45 and a beta of 1.26. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.62.

Analyst Upgrades and Downgrades

NFLX has been the subject of a number of analyst reports. Jefferies Financial Group upped their price objective on shares of Netflix from $780.00 to $800.00 and gave the company a “buy” rating in a research note on Friday, October 18th. Barclays reaffirmed an “underweight” rating and issued a $550.00 price objective on shares of Netflix in a research note on Friday, October 18th. Citigroup boosted their target price on shares of Netflix from $660.00 to $675.00 and gave the company a “neutral” rating in a research note on Monday, July 22nd. Deutsche Bank Aktiengesellschaft raised their target price on Netflix from $590.00 to $650.00 and gave the stock a “hold” rating in a research report on Wednesday, October 9th. Finally, Oppenheimer upped their price target on Netflix from $775.00 to $825.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Netflix presently has a consensus rating of “Moderate Buy” and a consensus target price of $748.15.

Netflix 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.