Capitolis Liquid Global Markets LLC Invests $17.83 Million in Netflix, Inc. (NASDAQ:NFLX)

Capitolis Liquid Global Markets LLC acquired a new position in Netflix, Inc. (NASDAQ:NFLX) during the fourth quarter, HoldingsChannel reports. The firm acquired 20,000 shares of the Internet television network’s stock, valued at approximately $17,826,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. West Michigan Advisors LLC lifted its position in Netflix by 1.3% during the fourth quarter. West Michigan Advisors LLC now owns 776 shares of the Internet television network’s stock worth $692,000 after acquiring an additional 10 shares during the last quarter. Warwick Investment Management Inc. increased its position in Netflix by 3.5% during the fourth quarter. Warwick Investment Management Inc. now owns 298 shares of the Internet television network’s stock worth $266,000 after acquiring an additional 10 shares during the period. MRP Capital Investments LLC grew its position in shares of Netflix by 1.0% during the 4th quarter. MRP Capital Investments LLC now owns 1,052 shares of the Internet television network’s stock worth $938,000 after purchasing an additional 10 shares in the last quarter. Bedell Frazier Investment Counselling LLC boosted its stake in shares of Netflix by 2.2% in the fourth quarter. Bedell Frazier Investment Counselling LLC now owns 462 shares of the Internet television network’s stock valued at $412,000 after buying an additional 10 shares during the period. Finally, Mission Creek Capital Partners Inc. raised its holdings in Netflix by 0.3% in the 4th quarter. Mission Creek Capital Partners Inc. now owns 3,826 shares of the Internet television network’s stock valued at $3,410,000 after acquiring an additional 10 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Stock Performance

Netflix stock opened at $1,134.06 on Tuesday. Netflix, Inc. has a 1-year low of $580.25 and a 1-year high of $1,159.44. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.56. The firm has a 50-day moving average of $971.22 and a 200-day moving average of $923.56. The firm has a market cap of $482.62 billion, a P/E ratio of 57.19, a P/E/G ratio of 2.12 and a beta of 1.55.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Thursday, April 17th. The Internet television network reported $6.61 EPS for the quarter, topping the consensus estimate of $5.74 by $0.87. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The business had revenue of $10.54 billion during the quarter, compared to analyst estimates of $10.51 billion. During the same period in the prior year, the business earned $8.28 EPS. Sell-side analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Activity

In related news, CFO Spencer Adam Neumann sold 685 shares of the company’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $1,009.57, for a total value of $691,555.45. Following the transaction, the chief financial officer now owns 3,691 shares in the company, valued at $3,726,322.87. The trade was a 15.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Reed Hastings sold 26,977 shares of the company’s stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $1,133.05, for a total transaction of $30,566,289.85. Following the completion of the transaction, the director now owns 394 shares in the company, valued at approximately $446,421.70. This represents a 98.56 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 137,451 shares of company stock worth $142,194,072. Corporate insiders own 1.76% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on NFLX shares. Sanford C. Bernstein raised shares of Netflix from a “market perform” rating to an “outperform” rating and upped their price objective for the stock from $975.00 to $1,200.00 in a research report on Friday, January 24th. Robert W. Baird boosted their price target on Netflix from $875.00 to $1,200.00 and gave the stock an “outperform” rating in a report on Wednesday, January 22nd. Benchmark reissued a “hold” rating on shares of Netflix in a report on Monday, April 21st. FBN Securities initiated coverage on Netflix in a research report on Thursday, March 27th. They issued an “outperform” rating and a $1,165.00 target price for the company. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $1,126.00 price objective on shares of Netflix in a research note on Thursday, April 17th. Ten investment analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,084.91.

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.