Bensler LLC Boosts Stock Holdings in Netflix, Inc. (NASDAQ:NFLX)

Bensler LLC increased its holdings in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,267 shares of the Internet television network's stock after purchasing an additional 372 shares during the quarter. Netflix makes up approximately 1.7% of Bensler LLC's holdings, making the stock its 17th largest holding. Bensler LLC's holdings in Netflix were worth $14,499,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. RPg Family Wealth Advisory LLC purchased a new position in Netflix during the third quarter valued at $25,000. E Fund Management Hong Kong Co. Ltd. boosted its position in shares of Netflix by 700.0% in the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network's stock worth $34,000 after purchasing an additional 42 shares in the last quarter. MidAtlantic Capital Management Inc. purchased a new stake in shares of Netflix in the 3rd quarter worth approximately $37,000. FSA Wealth Management LLC bought a new position in shares of Netflix during the third quarter valued at $38,000. Finally, First Personal Financial Services bought a new position in Netflix in the 3rd quarter worth about $40,000. Institutional investors own 80.93% of the company's stock.

Insider Transactions at Netflix

In other news, insider David A. Hyman sold 267 shares of the business's stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $765.67, for a total transaction of $204,433.89. Following the completion of the sale, the insider now owns 31,610 shares in the company, valued at approximately $24,202,828.70. The trade was a 0.84 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Anne M. Sweeney sold 589 shares of the company's stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $880.00, for a total transaction of $518,320.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 147,117 shares of company stock valued at $123,913,691. 1.76% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

NFLX has been the topic of a number of recent research reports. Pivotal Research raised their target price on Netflix from $1,100.00 to $1,250.00 and gave the stock a "buy" rating in a report on Wednesday, January 22nd. Benchmark raised Netflix from a "sell" rating to a "hold" rating in a research report on Wednesday, January 22nd. KeyCorp boosted their price objective on Netflix from $1,000.00 to $1,100.00 and gave the company an "overweight" rating in a research note on Wednesday, January 22nd. UBS Group increased their price objective on shares of Netflix from $1,040.00 to $1,150.00 and gave the stock a "buy" rating in a research note on Wednesday, January 22nd. Finally, Loop Capital upped their target price on shares of Netflix from $925.00 to $1,000.00 and gave the stock a "hold" rating in a report on Wednesday, January 22nd. Ten analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $1,021.70.

Netflix Price Performance

Shares of NFLX traded down $0.06 during trading hours on Tuesday, hitting $971.83. 3,427,425 shares of the stock were exchanged, compared to its average volume of 4,701,228. The stock's 50-day moving average price is $897.63 and its two-hundred day moving average price is $770.43. Netflix, Inc. has a 12-month low of $542.01 and a 12-month high of $999.00. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 1.22. The company has a market cap of $415.42 billion, a price-to-earnings ratio of 49.01, a price-to-earnings-growth ratio of 1.53 and a beta of 1.27.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings results on Tuesday, January 21st. The Internet television network reported $4.27 EPS for the quarter, topping the consensus estimate of $4.20 by $0.07. The business had revenue of $10.25 billion for 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%. The company's quarterly revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.11 EPS. Research analysts expect that Netflix, Inc. will post 23.72 earnings per share for the current year.

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.