Regal Investment Advisors LLC grew its position in Netflix, Inc. (NASDAQ:NFLX) by 44.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 783 shares of the Internet television network’s stock after buying an additional 241 shares during the period. Regal Investment Advisors LLC’s holdings in Netflix were worth $210,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in shares of Netflix by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 30,143,430 shares of the Internet television network’s stock worth $11,277,562,000 after purchasing an additional 249,147 shares during the period. Vanguard Group Inc boosted its position in shares of Netflix by 0.8% during the 3rd quarter. Vanguard Group Inc now owns 30,143,430 shares of the Internet television network’s stock worth $11,277,562,000 after purchasing an additional 249,147 shares during the period. FMR LLC boosted its position in shares of Netflix by 6.1% during the 2nd quarter. FMR LLC now owns 26,511,408 shares of the Internet television network’s stock worth $10,377,360,000 after purchasing an additional 1,534,290 shares during the period. Capital World Investors boosted its position in shares of Netflix by 4.6% during the 3rd quarter. Capital World Investors now owns 10,188,305 shares of the Internet television network’s stock worth $3,811,751,000 after purchasing an additional 443,510 shares during the period. Finally, Jennison Associates LLC boosted its position in shares of Netflix by 3.9% during the 3rd quarter. Jennison Associates LLC now owns 8,806,550 shares of the Internet television network’s stock worth $3,294,795,000 after purchasing an additional 328,527 shares during the period. 79.49% of the stock is owned by institutional investors and hedge funds.

In other Netflix news, Director Anne M. Sweeney sold 2,569 shares of the firm’s stock in a transaction on Tuesday, January 15th. The shares were sold at an average price of $350.00, for a total transaction of $899,150.00. Following the transaction, the director now directly owns 539 shares of the company’s stock, valued at approximately $188,650. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Reed Hastings sold 63,147 shares of the firm’s stock in a transaction on Monday, December 24th. The stock was sold at an average price of $241.12, for a total transaction of $15,226,004.64. Following the transaction, the chief executive officer now directly owns 63,147 shares in the company, valued at $15,226,004.64. The disclosure for this sale can be found here. Insiders have sold a total of 212,303 shares of company stock worth $59,417,475 over the last quarter. 4.29% of the stock is owned by company insiders.

Shares of NFLX opened at $347.57 on Monday. Netflix, Inc. has a twelve month low of $231.23 and a twelve month high of $423.21. The firm has a market capitalization of $151.75 billion, a PE ratio of 129.69, a PEG ratio of 2.88 and a beta of 1.38. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt-to-equity ratio of 1.98.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Thursday, January 17th. The Internet television network reported $0.30 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.06. Netflix had a net margin of 7.67% and a return on equity of 25.82%. The business had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.21 billion. During the same period last year, the business earned $0.41 EPS. The company’s revenue was up 27.4% on a year-over-year basis. Equities analysts expect that Netflix, Inc. will post 4.03 EPS for the current year.

NFLX has been the subject of a number of research analyst reports. Loop Capital increased their price objective on shares of Netflix from $365.00 to $385.00 in a research report on Wednesday, October 17th. Credit Suisse Group set a $470.00 price objective on shares of Netflix and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Atlantic Securities reaffirmed a “buy” rating and set a $441.00 price objective on shares of Netflix in a research report on Wednesday, October 17th. Macquarie set a $410.00 price objective on shares of Netflix and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Finally, Sanford C. Bernstein reaffirmed a “buy” rating and set a $465.00 price objective on shares of Netflix in a research report on Wednesday, October 17th. Six research analysts have rated the stock with a sell rating, eight have assigned a hold rating, thirty have given a buy rating and one has assigned a strong buy rating to the stock. Netflix presently has an average rating of “Buy” and a consensus target price of $376.33.

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About Netflix

Netflix, Inc provides Internet entertainment services. The company operates in three reportable segments: Domestic streaming, International streaming, and Domestic DVD. It offers TV series, documentaries, and feature films. The company provides members the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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