Stuart Chaussee & Associates Inc. Has $41,000 Holdings in Netflix, Inc. (NASDAQ:NFLX)

Stuart Chaussee & Associates Inc. lifted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 4,500.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46 shares of the Internet television network’s stock after buying an additional 45 shares during the quarter. Stuart Chaussee & Associates Inc.’s holdings in Netflix were worth $41,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of NFLX. Hennion & Walsh Asset Management Inc. increased its position in shares of Netflix by 137.9% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 1,508 shares of the Internet television network’s stock worth $1,344,000 after buying an additional 874 shares during the period. Capital & Planning LLC bought a new position in Netflix during the fourth quarter worth $809,000. Merit Financial Group LLC boosted its stake in Netflix by 39.5% during the fourth quarter. Merit Financial Group LLC now owns 11,217 shares of the Internet television network’s stock worth $9,998,000 after acquiring an additional 3,174 shares in the last quarter. Sax Wealth Advisors LLC boosted its stake in Netflix by 20.6% during the fourth quarter. Sax Wealth Advisors LLC now owns 2,282 shares of the Internet television network’s stock worth $2,034,000 after acquiring an additional 390 shares in the last quarter. Finally, Brooklyn Investment Group boosted its stake in Netflix by 5.6% during the fourth quarter. Brooklyn Investment Group now owns 3,133 shares of the Internet television network’s stock worth $2,793,000 after acquiring an additional 165 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NFLX has been the topic of several research analyst reports. Phillip Securities raised shares of Netflix from a “moderate sell” rating to a “hold” rating in a research note on Monday, April 21st. Sanford C. Bernstein raised shares of Netflix from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $975.00 to $1,200.00 in a research note on Friday, January 24th. Oppenheimer reissued an “outperform” rating and set a $1,200.00 target price (up from $1,150.00) on shares of Netflix in a research note on Friday, April 18th. Loop Capital reissued a “hold” rating on shares of Netflix in a research note on Monday, March 24th. Finally, Macquarie raised their price objective on shares of Netflix from $1,150.00 to $1,200.00 and gave the company an “outperform” rating in a research note on Monday, April 21st. Ten investment analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Netflix presently has a consensus rating of “Moderate Buy” and an average price target of $1,093.39.

Insider Activity at Netflix

In related news, Chairman Reed Hastings sold 25,360 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $921.15, for a total transaction of $23,360,364.00. Following the completion of the transaction, the chairman now owns 394 shares of the company’s stock, valued at approximately $362,933.10. The trade was a 98.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Jeffrey William Karbowski sold 160 shares of the business’s stock in a transaction that occurred on Wednesday, February 26th. The shares were sold at an average price of $1,000.00, for a total transaction of $160,000.00. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 132,868 shares of company stock valued at $138,483,256. Corporate insiders own 1.76% of the company’s stock.

Netflix Price Performance

NFLX opened at $1,191.53 on Friday. The company has a market capitalization of $507.08 billion, a price-to-earnings ratio of 60.09, a PEG ratio of 2.12 and a beta of 1.58. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.56. The firm has a 50-day moving average price of $1,009.34 and a 200-day moving average price of $946.93. Netflix, Inc. has a twelve month low of $587.04 and a twelve month high of $1,196.50.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, April 17th. The Internet television network reported $6.61 earnings per share for the quarter, topping the consensus estimate of $5.74 by $0.87. The firm had revenue of $10.54 billion during the quarter, compared to the consensus estimate of $10.51 billion. Netflix had a net margin of 22.34% and a return on equity of 38.32%. During the same quarter last year, the company earned $8.28 earnings per share. Equities analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

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.