Netflix, Inc. (NASDAQ:NFLX) Stock Holdings Increased by Little House Capital LLC

Little House Capital LLC boosted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 14.2% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,812 shares of the Internet television network’s stock after acquiring an additional 349 shares during the quarter. Little House Capital LLC’s holdings in Netflix were worth $1,994,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of NFLX. GQG Partners LLC acquired a new position in shares of Netflix during the 1st quarter worth about $1,450,476,000. Jennison Associates LLC raised its stake in Netflix by 17.0% in the 1st quarter. Jennison Associates LLC now owns 6,381,464 shares of the Internet television network’s stock valued at $3,875,655,000 after acquiring an additional 929,193 shares during the period. Jericho Capital Asset Management L.P. acquired a new stake in shares of Netflix during the 1st quarter worth $372,293,000. Swedbank AB bought a new position in Netflix in the first quarter valued at about $216,538,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Netflix during the second quarter worth about $183,365,000. Institutional investors own 80.93% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on NFLX shares. Wolfe Research restated an “outperform” rating on shares of Netflix in a report on Friday. Redburn Atlantic increased their price objective on Netflix from $740.00 to $760.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Guggenheim raised their price target on Netflix from $735.00 to $810.00 and gave the stock a “buy” rating in a research report on Friday, October 11th. JPMorgan Chase & Co. increased their price objective on Netflix from $750.00 to $850.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Morgan Stanley lifted their price objective on Netflix from $820.00 to $830.00 and gave the company an “overweight” rating in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-five have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $747.70.

Insider Buying and Selling at Netflix

In related news, Director Leslie J. Kilgore sold 383 shares of the company’s stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $730.00, for a total transaction of $279,590.00. Following the completion of the transaction, the director now owns 35,262 shares in the company, valued at $25,741,260. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Leslie J. Kilgore sold 383 shares of the stock in a transaction on Thursday, October 10th. The stock was sold at an average price of $730.00, for a total transaction of $279,590.00. Following the sale, the director now directly owns 35,262 shares of the company’s stock, valued at $25,741,260. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Gregory K. Peters sold 1,278 shares of the stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $614.44, for a total value of $785,254.32. Following the completion of the transaction, the chief executive officer now directly owns 13,090 shares in the company, valued at approximately $8,043,019.60. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 225,167 shares of company stock worth $150,492,460. 1.76% of the stock is currently owned by insiders.

Netflix Stock Performance

Netflix stock traded up $7.01 during midday trading on Monday, reaching $770.90. The stock had a trading volume of 4,250,047 shares, compared to its average volume of 3,726,026. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $332.26 billion, a PE ratio of 52.74, a P/E/G ratio of 1.49 and a beta of 1.26. Netflix, Inc. has a 12 month low of $395.62 and a 12 month high of $773.00. The firm’s 50-day moving average price is $696.38 and its 200 day moving average price is $655.12.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Thursday, July 18th. The Internet television network reported $4.88 EPS for the quarter, topping the consensus estimate of $4.74 by $0.14. The company had revenue of $9.56 billion during the quarter, compared to analyst estimates of $9.53 billion. Netflix had a return on equity of 32.93% and a net margin of 19.54%. Netflix’s revenue was up 16.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.29 earnings per share. As a group, research analysts predict that Netflix, Inc. will post 19.08 earnings per share for the current fiscal year.

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.