Rothschild Investment LLC Sells 79 Shares of Netflix, Inc. (NASDAQ:NFLX)

Rothschild Investment LLC decreased its holdings in Netflix, Inc. (NASDAQ:NFLX) by 0.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 11,423 shares of the Internet television network’s stock after selling 79 shares during the period. Rothschild Investment LLC’s holdings in Netflix were worth $10,182,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Wealthstream Advisors Inc. increased its stake in Netflix by 3.2% during the 4th quarter. Wealthstream Advisors Inc. now owns 991 shares of the Internet television network’s stock valued at $883,000 after purchasing an additional 31 shares in the last quarter. Crestwood Advisors Group LLC raised its position in shares of Netflix by 6.3% during the fourth quarter. Crestwood Advisors Group LLC now owns 3,217 shares of the Internet television network’s stock valued at $2,867,000 after buying an additional 190 shares during the last quarter. IFP Advisors Inc raised its position in shares of Netflix by 20.9% during the fourth quarter. IFP Advisors Inc now owns 4,589 shares of the Internet television network’s stock valued at $4,091,000 after buying an additional 792 shares during the last quarter. J. W. Coons Advisors LLC bought a new stake in Netflix in the fourth quarter worth $205,000. Finally, Asset Advisors Investment Management LLC bought a new stake in Netflix in the fourth quarter worth $3,670,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insiders Place Their Bets

In related news, Director Richard N. Barton sold 6,364 shares of the stock in a transaction that occurred on Tuesday, January 7th. The shares were 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 owns 246 shares of the company’s stock, valued at $216,327.48. This represents a 96.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ann Mather sold 2,682 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $973.00, for a total transaction of $2,609,586.00. The disclosure for this sale can be found here. Insiders have sold 303,220 shares of company stock valued at $289,856,164 in the last three months. 1.76% of the stock is currently owned by corporate insiders.

Netflix Stock Performance

NASDAQ:NFLX opened at $1,003.15 on Monday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $429.10 billion, a P/E ratio of 50.59, a price-to-earnings-growth ratio of 2.12 and a beta of 1.27. The firm has a 50 day moving average of $940.55 and a 200-day moving average of $821.37. Netflix, Inc. has a 1 year low of $542.01 and a 1 year high of $1,064.50.

Netflix (NASDAQ:NFLX) last released its earnings results on Tuesday, January 21st. The Internet television network reported $4.27 EPS for the quarter, topping analysts’ consensus estimates of $4.20 by $0.07. The firm had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10.14 billion. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The business’s quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.11 EPS. As a group, sell-side analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NFLX. Oppenheimer boosted their target price on shares of Netflix from $1,040.00 to $1,150.00 and gave the company an “outperform” rating in a research note on Wednesday, January 22nd. Wedbush reissued an “outperform” rating and set a $1,150.00 price target (up from $950.00) on shares of Netflix in a research report on Wednesday, January 22nd. Morgan Stanley upped their price objective on shares of Netflix from $1,050.00 to $1,150.00 and gave the company an “overweight” rating in a report on Wednesday, January 22nd. Canaccord Genuity Group upgraded shares of Netflix from a “hold” rating to a “buy” rating and increased their price target for the stock from $940.00 to $1,150.00 in a report on Wednesday, January 22nd. Finally, Arete Research upgraded shares of Netflix to a “hold” rating in a report on Thursday, January 23rd. Ten investment analysts have rated the stock with a hold rating, twenty-five have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,021.70.

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.