Rothschild Capital Partners LLC Invests $606,000 in Netflix, Inc. (NASDAQ:NFLX)

Rothschild Capital Partners LLC bought a new stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 680 shares of the Internet television network's stock, valued at approximately $606,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NFLX. Norges Bank acquired a new stake in Netflix during the 4th quarter worth approximately $5,019,087,000. Proficio Capital Partners LLC boosted its stake in shares of Netflix by 123,836.7% in the 4th quarter. Proficio Capital Partners LLC now owns 1,925,977 shares of the Internet television network's stock valued at $1,716,662,000 after buying an additional 1,924,423 shares during the period. Arrowstreet Capital Limited Partnership increased its stake in shares of Netflix by 59.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,301,098 shares of the Internet television network's stock worth $2,051,016,000 after buying an additional 856,307 shares during the period. Massachusetts Financial Services Co. MA increased its stake in shares of Netflix by 318.9% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 976,924 shares of the Internet television network's stock worth $870,752,000 after buying an additional 743,724 shares during the period. Finally, Strategic Financial Concepts LLC lifted its stake in Netflix by 112,896.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 381,928 shares of the Internet television network's stock worth $340,420,000 after acquiring an additional 381,590 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company's stock.

Insider Buying and Selling at Netflix

In related news, Director Ann Mather sold 2,682 shares of the stock in a transaction 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider David A. Hyman sold 41,121 shares of Netflix stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $979.01, for a total value of $40,257,870.21. Following the sale, the insider now owns 31,610 shares of the company's stock, valued at approximately $30,946,506.10. This represents a 56.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 273,855 shares of company stock valued at $267,474,816 over the last quarter. Corporate insiders own 1.76% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on NFLX shares. JPMorgan Chase & Co. raised their price objective on shares of Netflix from $1,025.00 to $1,150.00 and gave the company an "overweight" rating in a report on Monday, April 21st. Deutsche Bank Aktiengesellschaft raised their price target on Netflix from $650.00 to $875.00 and gave the company a "hold" rating in a research note on Wednesday, January 22nd. Arete Research raised Netflix to a "hold" rating in a research report on Thursday, January 23rd. Robert W. Baird raised their target price on Netflix from $875.00 to $1,200.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 22nd. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $1,126.00 price target on shares of Netflix in a report on Thursday, April 17th. Ten research analysts have rated the stock with a hold rating, twenty-seven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,072.12.

Netflix Price Performance

NFLX traded up $4.66 on Friday, hitting $1,101.53. 3,944,668 shares of the company were exchanged, compared to its average volume of 3,708,273. Netflix, Inc. has a fifty-two week low of $544.25 and a fifty-two week high of $1,106.80. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.22 and a current ratio of 1.22. The firm has a market capitalization of $468.78 billion, a P/E ratio of 55.55, a price-to-earnings-growth ratio of 2.12 and a beta of 1.55. The business's fifty day moving average is $955.92 and its 200 day moving average is $904.88.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings results on Thursday, April 17th. The Internet television network reported $6.61 earnings per share for the quarter, beating analysts' consensus estimates of $5.74 by $0.87. Netflix had a return on equity of 38.32% and a net margin of 22.34%. The business had revenue of $10.54 billion during the quarter, compared to analysts' expectations of $10.51 billion. During the same quarter last year, the business posted $8.28 earnings per share. As a group, sell-side analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current year.

About Netflix

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.