FCA Corp TX Acquires New Shares in Netflix, Inc. (NASDAQ:NFLX)

FCA Corp TX acquired a new stake in Netflix, Inc. (NASDAQ:NFLX) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 276 shares of the Internet television network’s stock, valued at approximately $246,000.

Several other large investors have also bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Netflix by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 37,488,005 shares of the Internet television network’s stock valued at $33,413,809,000 after buying an additional 171,712 shares in the last quarter. Napatree Capital LLC boosted its stake in Netflix by 45.2% in the fourth quarter. Napatree Capital LLC now owns 488 shares of the Internet television network’s stock valued at $435,000 after buying an additional 152 shares in the last quarter. Samalin Investment Counsel LLC boosted its stake in shares of Netflix by 2.3% during the fourth quarter. Samalin Investment Counsel LLC now owns 498 shares of the Internet television network’s stock valued at $445,000 after purchasing an additional 11 shares in the last quarter. Blueprint Investment Partners LLC boosted its stake in shares of Netflix by 13.2% during the fourth quarter. Blueprint Investment Partners LLC now owns 1,617 shares of the Internet television network’s stock valued at $1,441,000 after purchasing an additional 189 shares in the last quarter. Finally, Fortis Capital Management LLC boosted its stake in shares of Netflix by 0.5% during the fourth quarter. Fortis Capital Management LLC now owns 10,117 shares of the Internet television network’s stock valued at $9,017,000 after purchasing an additional 51 shares in the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Trading Up 1.0 %

NASDAQ NFLX opened at $960.29 on Friday. The company has a market cap of $410.77 billion, a price-to-earnings ratio of 48.43, a P/E/G ratio of 2.12 and a beta of 1.38. Netflix, Inc. has a 52 week low of $542.01 and a 52 week high of $1,064.50. The business has a 50 day moving average price of $959.08 and a 200-day moving average price of $857.81. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.56.

Netflix (NASDAQ:NFLX) last announced its earnings results on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.20 by $0.07. The company had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $10.14 billion. Netflix had a return on equity of 38.32% and a net margin of 22.34%. Netflix’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.11 earnings per share. As a group, equities analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Activity at Netflix

In related news, Director Ann Mather sold 2,682 shares of Netflix stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $973.00, for a total transaction of $2,609,586.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Richard N. Barton sold 6,364 shares of the business’s stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $879.38, for a total value of $5,596,374.32. Following the completion of the transaction, the director now directly owns 246 shares in the company, valued at approximately $216,327.48. This represents a 96.28 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 288,103 shares of company stock valued at $279,142,041 over the last 90 days. Insiders own 1.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on NFLX shares. Seaport Res Ptn raised Netflix from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 15th. Morgan Stanley lifted their price target on Netflix from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a research note on Wednesday, January 22nd. Evercore ISI lifted their price target on Netflix from $950.00 to $1,100.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Oppenheimer lifted their price target on Netflix from $1,040.00 to $1,150.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Finally, Needham & Company LLC lifted their price target on Netflix from $800.00 to $1,150.00 and gave the company a “buy” rating in a research note on Wednesday, January 22nd. Ten research analysts have rated the stock with a hold rating, twenty-six have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,016.78.

Netflix Company Profile

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.