Clarius Group LLC reduced its position in Netflix, Inc. (NASDAQ:NFLX) by 13.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,545 shares of the Internet television network’s stock after selling 735 shares during the period. Clarius Group LLC’s holdings in Netflix were worth $824,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC raised its holdings in shares of Netflix by 0.6% during the 2nd quarter. Quadrant Capital Group LLC now owns 1,684 shares of the Internet television network’s stock valued at $229,000 after buying an additional 10 shares during the period. Heritage Investors Management Corp raised its holdings in shares of Netflix by 0.6% during the 2nd quarter. Heritage Investors Management Corp now owns 1,995 shares of the Internet television network’s stock valued at $298,000 after buying an additional 12 shares during the period. Kalos Management Inc. raised its holdings in shares of Netflix by 0.7% during the 2nd quarter. Kalos Management Inc. now owns 1,621 shares of the Internet television network’s stock valued at $242,000 after buying an additional 12 shares during the period. Northwest Wealth Management LLC raised its holdings in shares of Netflix by 0.8% during the 2nd quarter. Northwest Wealth Management LLC now owns 1,890 shares of the Internet television network’s stock valued at $282,000 after buying an additional 15 shares during the period. Finally, Lincoln Capital Corp raised its holdings in shares of Netflix by 1.0% during the 2nd quarter. Lincoln Capital Corp now owns 2,020 shares of the Internet television network’s stock valued at $302,000 after buying an additional 20 shares during the period. 80.43% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts recently commented on the company. Stifel Nicolaus raised their target price on Netflix from $200.00 to $230.00 and gave the company a “buy” rating in a report on Thursday, October 12th. J P Morgan Chase & Co reiterated an “overweight” rating and set a $225.00 target price (up from $210.00) on shares of Netflix in a report on Friday, October 13th. Vetr upgraded Netflix from a “hold” rating to a “buy” rating and set a $210.19 target price on the stock in a report on Thursday, October 19th. MKM Partners raised their target price on Netflix from $195.00 to $230.00 and gave the company a “buy” rating in a report on Thursday, July 27th. Finally, Piper Jaffray Companies reiterated an “overweight” rating and set a $215.00 target price (up from $198.00) on shares of Netflix in a report on Tuesday, August 8th. One investment analyst has rated the stock with a sell rating, eighteen have assigned a hold rating and thirty-two have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $207.20.

In related news, Director Richard N. Barton sold 700 shares of the business’s stock in a transaction dated Thursday, November 2nd. The stock was sold at an average price of $197.38, for a total transaction of $138,166.00. Following the completion of the transaction, the director now owns 7,362 shares of the company’s stock, valued at approximately $1,453,111.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Jonathan Friedland sold 3,622 shares of the business’s stock in a transaction dated Friday, October 6th. The stock was sold at an average price of $194.89, for a total value of $705,891.58. The disclosure for this sale can be found here. Insiders have sold a total of 343,372 shares of company stock valued at $63,446,547 in the last three months. 4.90% of the stock is owned by insiders.

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Netflix, Inc. (NASDAQ:NFLX) traded up $4.75 on Thursday, hitting $196.88. The stock had a trading volume of 3,418,815 shares, compared to its average volume of 6,706,349. The company has a market cap of $85,160.00, a P/E ratio of 197.69, a PEG ratio of 5.75 and a beta of 1.39. Netflix, Inc. has a 52 week low of $111.81 and a 52 week high of $204.38. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.20 and a current ratio of 1.20.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.03). Netflix had a return on equity of 14.56% and a net margin of 4.04%. The company had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.97 billion. During the same quarter last year, the company posted $0.12 EPS. The business’s revenue was up 30.3% compared to the same quarter last year. research analysts predict that Netflix, Inc. will post 1.28 EPS for the current year.

Netflix Company 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)

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