Achmea Investment Management B.V. Buys 3,611 Shares of Netflix, Inc. (NASDAQ:NFLX)

Achmea Investment Management B.V. grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 7.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 49,683 shares of the Internet television network's stock after acquiring an additional 3,611 shares during the quarter. Netflix accounts for approximately 0.7% of Achmea Investment Management B.V.'s investment portfolio, making the stock its 27th largest position. Achmea Investment Management B.V.'s holdings in Netflix were worth $44,283,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Mascoma Wealth Management LLC raised its stake in Netflix by 30.0% during the fourth quarter. Mascoma Wealth Management LLC now owns 91 shares of the Internet television network's stock worth $81,000 after acquiring an additional 21 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of Netflix by 14.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 58,701 shares of the Internet television network's stock valued at $52,321,000 after buying an additional 7,436 shares during the period. Rakuten Securities Inc. increased its stake in shares of Netflix by 32.7% in the fourth quarter. Rakuten Securities Inc. now owns 1,111 shares of the Internet television network's stock valued at $990,000 after buying an additional 274 shares during the period. Avantax Advisory Services Inc. increased its stake in shares of Netflix by 0.7% in the fourth quarter. Avantax Advisory Services Inc. now owns 24,102 shares of the Internet television network's stock valued at $21,483,000 after buying an additional 169 shares during the period. Finally, Truvestments Capital LLC increased its stake in shares of Netflix by 5.0% in the fourth quarter. Truvestments Capital LLC now owns 356 shares of the Internet television network's stock valued at $317,000 after buying an additional 17 shares during the period. Institutional investors and hedge funds own 80.93% of the company's stock.

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Insider Activity at Netflix

In other news, Director Strive Masiyiwa sold 2,813 shares of the firm's stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $1,007.87, for a total transaction of $2,835,138.31. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gregory K. Peters sold 4,939 shares of the firm's stock in a transaction on Monday, February 10th. The shares were sold at an average price of $1,030.00, for a total value of $5,087,170.00. Following the sale, the chief executive officer now directly owns 12,950 shares of the company's stock, valued at approximately $13,338,500. This represents a 27.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 288,103 shares of company stock valued at $279,142,041. 1.76% of the stock is owned by insiders.

Netflix Stock Down 3.2 %

Shares of NFLX traded down $29.51 during trading hours on Thursday, reaching $890.17. The stock had a trading volume of 4,994,613 shares, compared to its average volume of 3,413,573. The company has a market capitalization of $380.78 billion, a price-to-earnings ratio of 44.89, a P/E/G ratio of 2.12 and a beta of 1.38. The firm has a 50-day simple moving average of $950.30 and a 200 day simple moving average of $846.09. Netflix, Inc. has a 12 month low of $542.01 and a 12 month high of $1,064.50. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.56.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings results on Tuesday, January 21st. The Internet television network reported $4.27 EPS for the quarter, beating analysts' consensus estimates of $4.20 by $0.07. The business had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10.14 billion. Netflix had a return on equity of 38.32% and a net margin of 22.34%. Netflix's quarterly revenue was up 16.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.11 EPS. Equities research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

NFLX has been the subject of several recent research reports. Wedbush reaffirmed an "outperform" rating and issued a $1,150.00 price objective (up previously from $950.00) on shares of Netflix in a research note on Wednesday, January 22nd. StockNews.com downgraded Netflix from a "buy" rating to a "hold" rating in a research note on Tuesday, February 4th. UBS Group reissued a "buy" rating on shares of Netflix in a research report on Monday. JPMorgan Chase & Co. increased their target price on shares of Netflix from $1,000.00 to $1,150.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. Finally, Morgan Stanley increased their target price on shares of Netflix from $1,050.00 to $1,150.00 and gave the company an "overweight" rating in a research report on Wednesday, January 22nd. Ten equities research 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's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,014.26.

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.