Integral Investment Advisors Inc. Buys 143 Shares of Netflix, Inc. (NASDAQ:NFLX)

Integral Investment Advisors Inc. boosted its stake in Netflix, Inc. (NASDAQ:NFLX) by 43.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 473 shares of the Internet television network’s stock after acquiring an additional 143 shares during the period. Integral Investment Advisors Inc.’s holdings in Netflix were worth $441,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Janus Henderson Group PLC increased its position in shares of Netflix by 8.7% during the fourth quarter. Janus Henderson Group PLC now owns 1,377,081 shares of the Internet television network’s stock worth $1,227,468,000 after buying an additional 110,432 shares during the period. PharVision Advisers LLC bought a new stake in Netflix during the fourth quarter valued at $873,000. First National Trust Co boosted its position in Netflix by 1.0% during the fourth quarter. First National Trust Co now owns 1,258 shares of the Internet television network’s stock valued at $1,121,000 after acquiring an additional 12 shares during the last quarter. Haven Private LLC acquired a new stake in Netflix during the 4th quarter worth about $733,000. Finally, Sigma Planning Corp grew its holdings in Netflix by 7.4% during the 4th quarter. Sigma Planning Corp now owns 5,572 shares of the Internet television network’s stock worth $4,966,000 after acquiring an additional 386 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Stock Down 1.4%

NFLX opened at $1,224.46 on Tuesday. Netflix, Inc. has a fifty-two week low of $587.04 and a fifty-two week high of $1,262.81. The firm has a market capitalization of $521.09 billion, a P/E ratio of 61.75, a PEG ratio of 2.12 and a beta of 1.59. The company’s 50-day moving average is $1,093.58 and its 200 day moving average is $991.46. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.22 and a quick ratio of 1.22.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, April 17th. The Internet television network reported $6.61 EPS for the quarter, beating 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 firm had revenue of $10.54 billion during the quarter, compared to analyst estimates of $10.51 billion. During the same quarter last year, the business posted $8.28 EPS. Research analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Activity

In other Netflix news, Director Ann Mather sold 1,358 shares of Netflix stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $1,150.00, for a total value of $1,561,700.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Jay C. Hoag sold 31,750 shares of Netflix stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $1,252.35, for a total transaction of $39,762,112.50. Following the completion of the sale, the director now directly owns 63,040 shares in the company, valued at approximately $78,948,144. This represents a 33.50% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 185,140 shares of company stock valued at $210,271,552 over the last three months. Corporate insiders own 1.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. BMO Capital Markets reissued an “outperform” rating and issued a $1,200.00 price objective (up from $1,175.00) on shares of Netflix in a research note on Friday, April 18th. Citigroup reiterated a “neutral” rating and set a $1,250.00 target price (up previously from $1,020.00) on shares of Netflix in a research report on Thursday, May 29th. Macquarie increased their target price on shares of Netflix from $1,150.00 to $1,200.00 and gave the stock an “outperform” rating in a research note on Monday, April 21st. Wedbush restated an “outperform” rating and issued a $1,200.00 price target on shares of Netflix in a report on Monday, May 5th. Finally, Wells Fargo & Company upped their price objective on shares of Netflix from $1,210.00 to $1,222.00 and gave the company an “overweight” rating in a report on Monday, April 21st. Eleven analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,149.91.

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.