Brighton Jones LLC raised its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 10.8% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 14,717 shares of the Internet television network’s stock after purchasing an additional 1,437 shares during the period. Brighton Jones LLC’s holdings in Netflix were worth $2,825,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of NFLX. Ark Investment Management LLC boosted its holdings in shares of Netflix by 37.4% in the 2nd quarter. Ark Investment Management LLC now owns 62,715 shares of the Internet television network’s stock valued at $9,370,000 after buying an additional 17,064 shares in the last quarter. Numeric Investors LLC bought a new stake in shares of Netflix in the 2nd quarter valued at about $433,000. Macquarie Group Ltd. boosted its holdings in shares of Netflix by 2.2% in the 2nd quarter. Macquarie Group Ltd. now owns 40,258 shares of the Internet television network’s stock valued at $6,015,000 after buying an additional 882 shares in the last quarter. Sterling Capital Management LLC bought a new stake in shares of Netflix in the 2nd quarter valued at about $254,000. Finally, WINTON GROUP Ltd bought a new stake in shares of Netflix in the 2nd quarter valued at about $787,000. 82.38% of the stock is currently owned by institutional investors and hedge funds.

In other news, Director Richard N. Barton sold 700 shares of the firm’s stock in a transaction on Thursday, November 16th. The stock was sold at an average price of $194.29, for a total value of $136,003.00. Following the completion of the transaction, the director now owns 7,393 shares in the company, valued at $1,436,385.97. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Jonathan Friedland sold 2,743 shares of the firm’s stock in a transaction on Wednesday, January 3rd. The shares were sold at an average price of $205.59, for a total value of $563,933.37. Following the completion of the transaction, the insider now owns 1,147 shares of the company’s stock, valued at approximately $235,811.73. The disclosure for this sale can be found here. Insiders sold 459,885 shares of company stock valued at $105,163,627 in the last quarter. 4.90% of the stock is currently owned by company insiders.

A number of analysts have recently weighed in on NFLX shares. Bank of America raised their price target on shares of Netflix from $199.00 to $225.00 in a report on Tuesday, October 17th. UBS Group restated a “buy” rating and issued a $237.00 price target (up from $225.00) on shares of Netflix in a report on Tuesday, October 17th. Loop Capital raised their price target on shares of Netflix from $228.00 to $242.00 and gave the company a “buy” rating in a report on Tuesday, October 17th. FBR & Co restated a “buy” rating and issued a $207.00 price target (up from $172.00) on shares of Netflix in a report on Tuesday, October 17th. Finally, Pivotal Research raised their price target on shares of Netflix from $200.00 to $270.00 and gave the company a “buy” rating in a report on Tuesday, October 17th. Three equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, thirty-four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Netflix presently has a consensus rating of “Buy” and an average price target of $237.49.

Netflix, Inc. (NASDAQ NFLX) opened at $257.95 on Tuesday. The company has a market cap of $111,940.00, a P/E ratio of 206.36, a price-to-earnings-growth ratio of 3.48 and a beta of 1.04. Netflix, Inc. has a one year low of $138.26 and a one year high of $286.81. The company has a quick ratio of 1.40, a current ratio of 1.40 and a debt-to-equity ratio of 1.81.

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 Thomson Reuters’ consensus estimate of $0.41. Netflix had a return on equity of 17.20% and a net margin of 4.78%. The firm had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period last year, the company earned $0.15 earnings per share. The company’s revenue for the quarter was up 32.6% on a year-over-year basis. equities research analysts anticipate that Netflix, Inc. will post 2.69 EPS for the current fiscal 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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