BlackRock Fund Advisors increased its stake in Netflix by 3.1% in the third quarter.
Netflix (NFLX) shares rose Friday after it received several more positive reports from analysts, including one skeptic who capitulated and upgraded the stock to buy from hold. (NASDAQ:NFLX) or 163,747 shares. Parallax Volatility Advisers LP invested 0.01% in Netflix, Inc. That suggests something of the likelihood of a short squeeze in shares of NFLX. BlackRock Fund Advisors now owns 5,031,607 shares of the Internet television network's stock worth $495,865,000 after buying an additional 152,692 shares in the last quarter. Tocqueville Asset Management Lp holds 0.13% or 59,777 shares in its portfolio. The Internet television network reported $0.41 earnings per share for the quarter, hitting the Zacks' consensus estimate of $0.41. Benjamin F. Edwards & Company Inc., a Missouri-based fund reported 19,329 shares. Netflix Inc now has $135.24B valuation. (NASDAQ:NFLX). First Allied Advisory Svcs owns 23,974 shs for 0.18% of their capital. Virginia Retirement Et Al holds 102,400 shares. Davenport And Ltd Liability Corporation reported 1,716 shs or 0% of all its holdings. Nelson Van Denburg Campbell Wealth Mngmt Gru Limited Company invested 0% of its portfolio in Netflix, Inc. The institutional investor held 59,279 shares of the consumer electronics and appliances company at the end of 2017Q4, valued at $1.03M, down from 110,207 at the end of the previous reported quarter. Credit Agricole S A stated it has 250 shares.
Netflix, Inc. registered $155.38 million net activity with 0 insider purchases and 34 selling transactions since October 11, 2017. HASTINGS REED also sold $23.86M worth of Netflix, Inc. (NASDAQ:NFLX) was sold by Peters Gregory K. 1,000 shares were sold by WELLS DAVID B, worth $191,200 on Monday, December 18.
Analysts await Netflix, Inc.
A number of other brokerages have also recently issued reports on NFLX. Shares for $437,545 were sold by FRIEDLAND JONATHAN.
In related news, insider Theodore A. Sarandos sold 163,747 shares of the stock in a transaction on Thursday, February 8th. Shares for $562,716 were sold by KILGORE LESLIE J. (NASDAQ:NFLX) on Monday, December 18.
Netflix, Inc, an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens. Shoker Investment Counsel Inc. owns 94,116 shares or 0.57% of their U.S. portfolio. The stock increased 5.56% or $0.01 during the last trading session, reaching $0.19. For a total of 2.91M shares it increased its holding in Bankunited Inc (NYSE:BKU) by 496,381 shares in the quarter, and has risen its stake in Brooks Automation Inc (NASDAQ:BRKS). The stock outperformed the S&P500 by 97.18%. (NASDAQ:NFLX). Livforsakringsbolaget Skandia Omsesidigt holds 6,567 shs or 0.12% of its capital. Therefore 61% are positive. The stock carved out a 52-week low down at $138.66. $275.17's average target is -11.71% below currents $311.65 stock price. Since October 17, 2017 according to StockzIntelligence Inc Netflix has 54 analyst reports. On Tuesday, January 23 the rating was maintained by Wells Fargo with "Buy". On Tuesday, April 10 the firm has "Buy" rating given by Raymond James. During a Saturday TED conference held in Vancouver, Canada, Netflix chief said the $8 billion he's planning to invest in programming over the course of this year isn't "as much as it sounds" in the context of the entire industry which also includes juggernauts such as Disney. Morgan Stanley restated an overweight rating and issued a $255.00 price objective (up from $235.00) on shares of Netflix in a research note on Thursday, January 18th. Jefferies maintained the shares of NFLX in report on Monday, July 17 with "Hold" rating. Finally, Loop Capital boosted their price objective on Netflix from $237.00 to $241.00 and gave the stock a "buy" rating in a research report on Tuesday, January 2nd. On Monday, January 22 the stock of Netflix, Inc. (NASDAQ:NFLX) earned "Neutral" rating by Mizuho on Tuesday, April 19. The stock now has a consensus rating of Buy and a consensus target price of $267.34. On Friday, March 9 Bernstein maintained the shares of NFLX in report with "Buy" rating. They presently have a $68.00 price target on the Internet television network's stock. The company has market cap of $. The stock has a market capitalization of $134,198.55, a P/E ratio of 249.32, a P/E/G ratio of 4.24 and a beta of 0.99.
Netflix, the video streaming service, has built a reputation for creating award-winning original shows, such as House of Cards, but it has emerged that a full 80% of its viewing in the United States actually comes from licensed TV and movie content.
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