KBC Group NV grew its holdings in Netflix, Inc. (NASDAQ:NFLX) by 52.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 187,933 shares of the Internet television network’s stock after purchasing an additional 64,674 shares during the period. KBC Group NV’s holdings in Netflix were worth $36,075,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Balentine LLC increased its stake in Netflix by 1,020.4% in the third quarter. Balentine LLC now owns 549 shares of the Internet television network’s stock worth $100,000 after purchasing an additional 500 shares during the period. Duncker Streett & Co. Inc. increased its stake in Netflix by 47.1% in the fourth quarter. Duncker Streett & Co. Inc. now owns 625 shares of the Internet television network’s stock worth $120,000 after purchasing an additional 200 shares during the period. Goodman Financial Corp purchased a new stake in Netflix in the fourth quarter worth $163,000. Steward Partners Investment Advisory LLC purchased a new stake in Netflix in the third quarter worth $171,000. Finally, Grove Bank & Trust increased its stake in Netflix by 249.6% in the third quarter. Grove Bank & Trust now owns 958 shares of the Internet television network’s stock worth $174,000 after purchasing an additional 684 shares during the period. Institutional investors and hedge funds own 82.71% of the company’s stock.

In other Netflix news, CFO David B. Wells sold 1,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $191.12, for a total value of $191,120.00. Following the completion of the sale, the chief financial officer now owns 1,000 shares of the company’s stock, valued at $191,120. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Reed Hastings sold 75,243 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $196.25, for a total value of $14,766,438.75. Following the completion of the sale, the chief executive officer now directly owns 75,243 shares of the company’s stock, valued at approximately $14,766,438.75. The disclosure for this sale can be found here. In the last three months, insiders sold 460,885 shares of company stock valued at $105,354,747. Corporate insiders own 4.90% of the company’s stock.

A number of research firms have weighed in on NFLX. MKM Partners increased their target price on Netflix from $245.00 to $320.00 and gave the stock a “buy” rating in a research note on Monday, January 29th. BidaskClub raised Netflix from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, January 31st. Vetr downgraded Netflix from a “buy” rating to a “hold” rating and set a $266.45 price target on the stock. in a research report on Tuesday. UBS Group set a $290.00 price target on Netflix and gave the stock a “buy” rating in a research report on Thursday, January 25th. Finally, Robert W. Baird increased their price target on Netflix from $190.00 to $240.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 24th. Three investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, thirty-five have assigned a buy rating and one has given a strong buy rating to the company’s stock. Netflix currently has a consensus rating of “Buy” and a consensus price target of $237.39.

Shares of Netflix, Inc. (NFLX) opened at $249.47 on Friday. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 1.81. The firm has a market capitalization of $107,980.00, a PE ratio of 199.58, a price-to-earnings-growth ratio of 3.49 and a beta of 1.04. Netflix, Inc. has a twelve month low of $138.26 and a twelve month high of $286.81.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Monday, January 22nd. The Internet television network reported $0.41 earnings per share for the quarter, hitting the consensus estimate of $0.41. The business had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. Netflix had a return on equity of 17.20% and a net margin of 4.78%. The company’s quarterly revenue was up 32.6% on a year-over-year basis. During the same quarter last year, the company earned $0.15 earnings per share. sell-side analysts forecast that Netflix, Inc. will post 2.69 EPS for the current year.

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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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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