Bryn Mawr Capital Management LLC Increases Holdings in Netflix, Inc. (NASDAQ:NFLX)

Bryn Mawr Capital Management LLC grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 868.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,433 shares of the Internet television network's stock after acquiring an additional 18,324 shares during the quarter. Bryn Mawr Capital Management LLC's holdings in Netflix were worth $18,212,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. RPg Family Wealth Advisory LLC acquired a new position in shares of Netflix in the third quarter valued at approximately $25,000. Pathway Financial Advisers LLC increased its position in Netflix by 82.4% during the 4th quarter. Pathway Financial Advisers LLC now owns 31 shares of the Internet television network's stock valued at $27,000 after purchasing an additional 14 shares during the period. E Fund Management Hong Kong Co. Ltd. increased its position in Netflix by 700.0% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network's stock valued at $34,000 after purchasing an additional 42 shares during the period. Newton One Investments LLC acquired a new stake in Netflix during the 4th quarter valued at approximately $34,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in Netflix during the 3rd quarter valued at approximately $37,000. Institutional investors and hedge funds own 80.93% of the company's stock.

Insider Buying and Selling

In other Netflix news, CAO Jeffrey William Karbowski sold 160 shares of the firm's stock in a transaction dated Tuesday, February 4th. The stock was sold at an average price of $1,000.00, for a total value of $160,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Gregory K. Peters sold 102,228 shares of the firm's stock in a transaction dated Thursday, January 30th. The stock was sold at an average price of $980.74, for a total value of $100,259,088.72. Following the completion of the transaction, the chief executive officer now owns 12,950 shares of the company's stock, valued at approximately $12,700,583. This represents a 88.76 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 303,220 shares of company stock valued at $289,856,164. 1.76% of the stock is owned by insiders.

Netflix Stock Performance

Shares of Netflix stock traded down $24.28 during trading hours on Friday, hitting $1,000.27. 2,695,651 shares of the company's stock traded hands, compared to its average volume of 4,103,394. Netflix, Inc. has a 12-month low of $542.01 and a 12-month high of $1,064.50. The stock has a market capitalization of $427.87 billion, a price-to-earnings ratio of 50.61, a PEG ratio of 2.16 and a beta of 1.27. The company has a fifty day simple moving average of $938.86 and a 200-day simple moving average of $815.63. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.22 and a quick ratio of 1.22.

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

Wall Street Analyst Weigh In

A number of analysts have weighed in on NFLX shares. Guggenheim increased their target price on shares of Netflix from $950.00 to $1,100.00 and gave the company a "buy" rating in a research report on Wednesday, January 22nd. 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. StockNews.com downgraded shares of Netflix from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Canaccord Genuity Group raised shares of Netflix from a "hold" rating to a "buy" rating and increased their target price for the company from $940.00 to $1,150.00 in a research report on Wednesday, January 22nd. Finally, Arete Research upgraded Netflix to a "hold" rating in a report on Thursday, January 23rd. Ten analysts have rated the stock with a hold rating, twenty-five have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,021.70.

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.