Trilogy Capital Inc. Acquires 207 Shares of Netflix, Inc. (NASDAQ:NFLX)

Trilogy Capital Inc. grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 7.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,834 shares of the Internet television network’s stock after purchasing an additional 207 shares during the quarter. Trilogy Capital Inc.’s holdings in Netflix were worth $2,526,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Enzi Wealth lifted its holdings in Netflix by 3.4% in the 4th quarter. Enzi Wealth now owns 331 shares of the Internet television network’s stock worth $316,000 after purchasing an additional 11 shares during the last quarter. TCI Wealth Advisors Inc. lifted its stake in shares of Netflix by 1.6% in the fourth quarter. TCI Wealth Advisors Inc. now owns 700 shares of the Internet television network’s stock valued at $624,000 after buying an additional 11 shares during the period. Everett Harris & Co. CA grew its position in Netflix by 1.3% during the fourth quarter. Everett Harris & Co. CA now owns 870 shares of the Internet television network’s stock worth $775,000 after buying an additional 11 shares in the last quarter. Blossom Wealth Management increased its stake in Netflix by 0.9% during the fourth quarter. Blossom Wealth Management now owns 1,248 shares of the Internet television network’s stock valued at $1,112,000 after acquiring an additional 11 shares during the period. Finally, Advisory Resource Group lifted its position in shares of Netflix by 0.7% in the 3rd quarter. Advisory Resource Group now owns 1,746 shares of the Internet television network’s stock worth $1,238,000 after acquiring an additional 12 shares during the period. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Performance

Netflix stock opened at $1,011.11 on Thursday. The company has a market capitalization of $432.51 billion, a P/E ratio of 50.99, a PEG ratio of 2.02 and a beta of 1.27. Netflix, Inc. has a twelve month low of $542.01 and a twelve month high of $1,011.83. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.56. The stock’s 50 day moving average is $909.38 and its 200 day moving average is $784.44.

Netflix (NASDAQ:NFLX) last posted its quarterly 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 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%. The firm’s revenue was up 16.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.11 EPS. On average, equities research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NFLX has been the subject of a number of recent research reports. Canaccord Genuity Group upgraded shares of Netflix from a “hold” rating to a “buy” rating and increased their price objective for the company from $940.00 to $1,150.00 in a research note on Wednesday, January 22nd. UBS Group increased their target price on Netflix from $1,040.00 to $1,150.00 and gave the stock a “buy” rating in a report on Wednesday, January 22nd. TD Cowen upped their price target on Netflix from $820.00 to $835.00 and gave the company a “buy” rating in a research report on Friday, October 18th. The Goldman Sachs Group lifted their price target on shares of Netflix from $850.00 to $960.00 and gave the company a “neutral” rating in a report on Wednesday, January 22nd. Finally, Needham & Company LLC boosted their target price on Netflix from $800.00 to $1,150.00 and gave the stock a “buy” rating in a report on Wednesday, January 22nd. 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 stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $1,021.70.

Insiders Place Their Bets

In other news, CAO Jeffrey William Karbowski sold 160 shares of the stock in a transaction on Tuesday, February 4th. The stock was sold at an average price of $1,000.00, for a total transaction of $160,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Timothy M. Haley sold 647 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $800.19, for a total value of $517,722.93. The disclosure for this sale can be found here. Insiders sold a total of 291,585 shares of company stock valued at $277,777,833 over the last 90 days. Insiders own 1.76% of the company’s stock.

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.