Norinchukin Bank The raised its holdings in Netflix, Inc. (NASDAQ:NFLX) by 6.9% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,910 shares of the Internet television network’s stock after buying an additional 1,940 shares during the quarter. Norinchukin Bank The’s holdings in Netflix were worth $4,469,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of NFLX. Jennison Associates LLC lifted its stake in Netflix by 14.0% in the second quarter. Jennison Associates LLC now owns 14,784,089 shares of the Internet television network’s stock valued at $2,208,891,000 after buying an additional 1,814,056 shares during the period. FMR LLC lifted its stake in Netflix by 6.6% in the first quarter. FMR LLC now owns 21,027,506 shares of the Internet television network’s stock valued at $3,108,076,000 after buying an additional 1,305,294 shares during the period. Vanguard Group Inc. lifted its stake in Netflix by 3.5% in the first quarter. Vanguard Group Inc. now owns 27,161,082 shares of the Internet television network’s stock valued at $4,014,680,000 after buying an additional 921,283 shares during the period. Los Angeles Capital Management & Equity Research Inc. lifted its stake in Netflix by 22,622.2% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 814,592 shares of the Internet television network’s stock valued at $121,708,000 after buying an additional 811,007 shares during the period. Finally, Tybourne Capital Management HK Ltd. lifted its stake in Netflix by 34.3% in the first quarter. Tybourne Capital Management HK Ltd. now owns 2,316,195 shares of the Internet television network’s stock valued at $342,357,000 after buying an additional 590,966 shares during the period. 81.05% of the stock is currently owned by hedge funds and other institutional investors.

In other Netflix news, CEO Reed Hastings sold 115,577 shares of the stock in a transaction on Tuesday, June 20th. The stock was sold at an average price of $152.63, for a total transaction of $17,640,517.51. Following the sale, the chief executive officer now owns 115,577 shares of the company’s stock, valued at approximately $17,640,517.51. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Richard N. Barton sold 1,000 shares of the stock in a transaction on Tuesday, June 27th. The shares were sold at an average price of $156.62, for a total value of $156,620.00. Following the sale, the director now directly owns 8,012 shares in the company, valued at approximately $1,254,839.44. The disclosure for this sale can be found here. Insiders have sold a total of 349,435 shares of company stock worth $59,221,491 in the last ninety days. Insiders own 4.90% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Netflix, Inc. (NFLX) Holdings Boosted by Norinchukin Bank The” was published by Daily Political and is owned by of Daily Political. If you are reading this story on another site, it was illegally copied and republished in violation of U.S. & international trademark and copyright legislation. The correct version of this story can be viewed at https://www.dailypolitical.com/2017/09/13/netflix-inc-nflx-holdings-boosted-by-norinchukin-bank-the.html.

Netflix, Inc. (NFLX) traded down 0.99% on Wednesday, hitting $183.31. The stock had a trading volume of 2,508,349 shares. Netflix, Inc. has a 1-year low of $93.26 and a 1-year high of $191.50. The stock’s 50-day moving average is $175.51 and its 200 day moving average is $158.22. The firm has a market capitalization of $79.14 billion, a price-to-earnings ratio of 223.00 and a beta of 1.05.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Monday, July 17th. The Internet television network reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.01). Netflix had a return on equity of 12.82% and a net margin of 3.55%. The firm had revenue of $2.79 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same period last year, the company earned $0.09 EPS. The firm’s revenue for the quarter was up 32.3% compared to the same quarter last year. On average, equities research analysts predict that Netflix, Inc. will post $1.19 earnings per share for the current fiscal year.

Several equities analysts have issued reports on NFLX shares. Jefferies Group LLC reissued a “hold” rating and issued a $141.00 price target on shares of Netflix in a research note on Monday, May 22nd. Loop Capital reissued a “buy” rating and issued a $180.00 price target (up from $172.00) on shares of Netflix in a research note on Tuesday, May 23rd. Piper Jaffray Companies boosted their price target on Netflix from $166.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, May 25th. Canaccord Genuity reissued a “buy” rating and issued a $165.00 price target on shares of Netflix in a research note on Thursday, May 25th. Finally, William Blair reissued an “outperform” rating on shares of Netflix in a research note on Thursday, May 25th. Three analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-seven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $178.70.

Netflix Profile

Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

Receive News & Ratings for Netflix Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix Inc. and related companies with MarketBeat.com's FREE daily email newsletter.