One Wealth Advisors LLC Has $967,000 Holdings in Netflix, Inc. (NASDAQ:NFLX)

One Wealth Advisors LLC trimmed its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 1.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,085 shares of the Internet television network’s stock after selling 11 shares during the quarter. One Wealth Advisors LLC’s holdings in Netflix were worth $967,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. RPg Family Wealth Advisory LLC acquired a new position in Netflix during the third quarter worth $25,000. E Fund Management Hong Kong Co. Ltd. increased its position in shares of Netflix by 700.0% during 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 acquiring an additional 42 shares in the last quarter. MidAtlantic Capital Management Inc. bought a new stake in shares of Netflix during the third quarter worth about $37,000. FSA Wealth Management LLC acquired a new stake in shares of Netflix in the 3rd quarter worth about $38,000. Finally, First Personal Financial Services bought a new position in Netflix in the 3rd quarter valued at about $40,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Trading Up 0.4 %

Shares of Netflix stock opened at $976.76 on Monday. The company’s 50-day moving average price is $904.67 and its 200-day moving average price is $779.53. The company has a market cap of $417.82 billion, a price-to-earnings ratio of 49.26, a PEG ratio of 2.02 and a beta of 1.27. Netflix, Inc. has a 12-month low of $542.01 and a 12-month high of $999.00. 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 (NASDAQ:NFLX) last announced its quarterly earnings results on Tuesday, January 21st. The Internet television network reported $4.27 EPS for the quarter, beating the consensus estimate of $4.20 by $0.07. The firm 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 business’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same period last year, the firm earned $2.11 EPS. On average, equities analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Jay C. Hoag sold 617 shares of the company’s stock in a transaction that occurred on Thursday, January 23rd. The shares were sold at an average price of $979.71, for a total value of $604,481.07. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Timothy M. Haley sold 11,090 shares of Netflix stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $757.96, for a total transaction of $8,405,776.40. The disclosure for this sale can be found here. Insiders sold a total of 105,516 shares of company stock worth $92,377,637 over the last ninety days. 1.76% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NFLX. Evercore ISI boosted their price objective on Netflix from $950.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Guggenheim increased their price target on Netflix from $950.00 to $1,100.00 and gave the company a “buy” rating in a research report on Wednesday, January 22nd. Seaport Res Ptn upgraded Netflix from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. JPMorgan Chase & Co. upped their target price on shares of Netflix from $1,000.00 to $1,150.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 22nd. Finally, Morgan Stanley raised their price target on shares of Netflix from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research report on Wednesday, January 22nd. Ten research analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,021.70.

About Netflix

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.