PrairieView Partners LLC acquired a new stake in Netflix, Inc. (NASDAQ:NFLX) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,327 shares of the Internet television network’s stock, valued at approximately $447,000.

Several other institutional investors and hedge funds also recently made changes to their positions in NFLX. Ark Investment Management LLC raised its position in shares of Netflix by 37.4% during the 2nd quarter. Ark Investment Management LLC now owns 62,715 shares of the Internet television network’s stock worth $9,370,000 after acquiring an additional 17,064 shares in the last quarter. Numeric Investors LLC acquired a new stake in shares of Netflix during the 2nd quarter worth about $433,000. QS Investors LLC raised its position in shares of Netflix by 9.4% during the 2nd quarter. QS Investors LLC now owns 8,060 shares of the Internet television network’s stock worth $1,204,000 after acquiring an additional 695 shares in the last quarter. Macquarie Group Ltd. raised its position in shares of Netflix by 2.2% during the 2nd quarter. Macquarie Group Ltd. now owns 40,258 shares of the Internet television network’s stock worth $6,015,000 after acquiring an additional 882 shares in the last quarter. Finally, Bank of Nova Scotia raised its position in shares of Netflix by 881.6% during the 2nd quarter. Bank of Nova Scotia now owns 97,299 shares of the Internet television network’s stock worth $14,538,000 after acquiring an additional 87,387 shares in the last quarter. Institutional investors and hedge funds own 82.71% of the company’s stock.

In other news, Director Richard N. Barton sold 700 shares of the business’s stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $254.87, for a total value of $178,409.00. Following the completion of the transaction, the director now directly owns 7,393 shares of the company’s stock, valued at $1,884,253.91. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Reed Hastings sold 91,861 shares of the business’s stock in a transaction on Thursday, December 21st. The stock was sold at an average price of $189.03, for a total value of $17,364,484.83. Following the completion of the transaction, the chief executive officer now directly owns 91,861 shares of the company’s stock, valued at $17,364,484.83. The disclosure for this sale can be found here. Over the last three months, insiders sold 297,138 shares of company stock valued at $62,304,023. Insiders own 4.90% of the company’s stock.

Several equities research analysts have recently weighed in on the company. Stifel Nicolaus raised their target price on Netflix from $200.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, October 12th. JPMorgan Chase & Co. reissued an “overweight” rating and set a $225.00 target price (up previously from $210.00) on shares of Netflix in a research report on Friday, October 13th. Vetr raised Netflix from a “hold” rating to a “buy” rating and set a $210.19 target price on the stock in a research report on Thursday, October 19th. BidaskClub lowered Netflix from a “buy” rating to a “hold” rating in a research report on Saturday, December 2nd. Finally, Credit Suisse Group reissued a “neutral” rating and set a $266.00 target price (up previously from $224.00) on shares of Netflix in a research report on Tuesday, January 23rd. Three analysts have rated the stock with a sell rating, fifteen have given a hold rating, thirty-four have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $237.51.

Netflix, Inc. (NASDAQ NFLX) opened at $264.56 on Thursday. Netflix, Inc. has a 1-year low of $138.26 and a 1-year high of $286.81. The firm has a market capitalization of $114,480.00, a price-to-earnings ratio of 211.65, a PEG ratio of 3.71 and a beta of 1.04. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.40 and a quick ratio of 1.40.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Monday, January 22nd. The Internet television network reported $0.41 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.41. Netflix had a return on equity of 17.20% and a net margin of 4.78%. The company had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the previous year, the firm posted $0.15 earnings per share. The business’s revenue for the quarter was up 32.6% compared to the same quarter last year. equities research analysts anticipate that Netflix, Inc. will post 2.69 EPS for the current year.

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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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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