American Capital Advisory LLC Has $1.21 Million Holdings in Netflix, Inc. (NASDAQ:NFLX)

American Capital Advisory LLC lifted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 5,237.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,708 shares of the Internet television network’s stock after buying an additional 1,676 shares during the quarter. American Capital Advisory LLC’s holdings in Netflix were worth $1,211,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of NFLX. Richardson Financial Services Inc. boosted its holdings in Netflix by 3,580.0% in the first quarter. Richardson Financial Services Inc. now owns 184 shares of the Internet television network’s stock worth $112,000 after acquiring an additional 179 shares in the last quarter. Cohen Capital Management Inc. bought a new position in shares of Netflix in the 1st quarter worth $281,000. Financial Council LLC bought a new position in shares of Netflix in the 1st quarter worth $237,000. Advisory Alpha LLC grew its position in Netflix by 5.7% in the 1st quarter. Advisory Alpha LLC now owns 1,564 shares of the Internet television network’s stock valued at $950,000 after purchasing an additional 85 shares during the period. Finally, Manchester Capital Management LLC increased its stake in Netflix by 39.4% during the 1st quarter. Manchester Capital Management LLC now owns 478 shares of the Internet television network’s stock valued at $290,000 after purchasing an additional 135 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Insider Transactions at Netflix

In other Netflix news, insider David A. Hyman sold 13,791 shares of the firm’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $700.00, for a total value of $9,653,700.00. Following the completion of the transaction, the insider now directly owns 31,610 shares of the company’s stock, valued at $22,127,000. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CFO Spencer Adam Neumann sold 433 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $626.19, for a total value of $271,140.27. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider David A. Hyman sold 13,791 shares of the business’s stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of $700.00, for a total transaction of $9,653,700.00. Following the completion of the transaction, the insider now directly owns 31,610 shares of the company’s stock, valued at approximately $22,127,000. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 229,477 shares of company stock valued at $160,300,776. 1.76% of the stock is currently owned by corporate insiders.

Netflix Price Performance

NASDAQ NFLX traded up $4.20 during trading hours on Wednesday, hitting $768.11. The company had a trading volume of 966,841 shares, compared to its average volume of 3,672,420. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market capitalization of $328.34 billion, a price-to-earnings ratio of 43.23, a PEG ratio of 1.46 and a beta of 1.25. Netflix, Inc. has a 52 week low of $431.00 and a 52 week high of $773.00. The firm has a 50 day simple moving average of $715.67 and a 200 day simple moving average of $667.19.

Analyst Ratings Changes

NFLX has been the topic of a number of recent research reports. TD Cowen raised their price objective on shares of Netflix from $820.00 to $835.00 and gave the company a “buy” rating in a research note on Friday, October 18th. Sanford C. Bernstein raised their price target on shares of Netflix from $625.00 to $780.00 and gave the company a “market perform” rating in a research report on Friday, October 18th. Citigroup boosted their price objective on Netflix from $660.00 to $675.00 and gave the stock a “neutral” rating in a report on Monday, July 22nd. BMO Capital Markets restated an “outperform” rating and issued a $825.00 target price (up previously from $770.00) on shares of Netflix in a report on Friday, October 18th. Finally, Wolfe Research reaffirmed an “outperform” rating on shares of Netflix in a research report on Friday, October 18th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $748.15.

Netflix 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.