Capital One National Association lessened its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 11.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,028 shares of the Internet television network’s stock after selling 1,626 shares during the quarter. Capital One National Association’s holdings in Netflix were worth $2,309,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its position in shares of Netflix by 5.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 3,638,317 shares of the Internet television network’s stock valued at $659,809,000 after buying an additional 172,229 shares during the period. Legal & General Group Plc raised its position in shares of Netflix by 3.3% during the 3rd quarter. Legal & General Group Plc now owns 1,855,088 shares of the Internet television network’s stock valued at $336,420,000 after buying an additional 58,691 shares during the period. Swiss National Bank raised its position in shares of Netflix by 1.0% during the 3rd quarter. Swiss National Bank now owns 1,588,825 shares of the Internet television network’s stock valued at $288,133,000 after buying an additional 16,300 shares during the period. Wells Fargo & Company MN raised its position in shares of Netflix by 7.6% during the 3rd quarter. Wells Fargo & Company MN now owns 1,579,953 shares of the Internet television network’s stock valued at $286,524,000 after buying an additional 111,513 shares during the period. Finally, Schwab Charles Investment Management Inc. raised its position in shares of Netflix by 4.1% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,465,711 shares of the Internet television network’s stock valued at $281,358,000 after buying an additional 57,587 shares during the period. 82.38% of the stock is currently owned by hedge funds and other institutional investors.

In other news, Director Richard N. Barton sold 700 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $194.29, for a total transaction of $136,003.00. Following the completion of the sale, the director now owns 7,393 shares in the company, valued at $1,436,385.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Richard N. Barton sold 350 shares of the stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $185.71, for a total transaction of $64,998.50. Following the sale, the director now owns 7,171 shares of the company’s stock, valued at approximately $1,331,726.41. The disclosure for this sale can be found here. Insiders have sold 459,885 shares of company stock valued at $105,163,627 in the last quarter. Insiders own 4.90% of the company’s stock.

Several analysts have recently commented on the stock. B. Riley reaffirmed a “neutral” rating on shares of Netflix in a research report on Wednesday, November 1st. SunTrust Banks set a $175.00 price target on shares of Netflix and gave the company a “hold” rating in a research report on Monday, October 16th. Vetr lowered shares of Netflix from a “buy” rating to a “hold” rating and set a $265.73 price target on the stock. in a research report on Tuesday. Atlantic Securities set a $235.00 price target on shares of Netflix and gave the company a “buy” rating in a research report on Tuesday, October 17th. Finally, Jefferies Group set a $190.00 price target on shares of Netflix and gave the company a “neutral” rating in a research 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 issued a strong buy rating to the company. Netflix presently has a consensus rating of “Buy” and a consensus price target of $237.49.

Shares of Netflix, Inc. (NASDAQ:NFLX) opened at $257.95 on Tuesday. Netflix, Inc. has a 12 month low of $138.26 and a 12 month high of $286.81. The firm has a market cap of $111,940.00, a PE ratio of 206.36, a PEG ratio of 3.48 and a beta of 1.04. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 1.81.

Netflix (NASDAQ:NFLX) last announced its 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. Netflix had a net margin of 4.78% and a return on equity of 17.20%. The business had revenue of $3.29 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the prior year, the firm earned $0.15 earnings per share. The business’s quarterly revenue was up 32.6% compared to the same quarter last year. research analysts expect that Netflix, Inc. will post 2.69 EPS for the current fiscal year.

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About Netflix

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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