Compass Capital Corp MA ADV Makes New Investment in Netflix, Inc. (NASDAQ:NFLX)

Compass Capital Corp MA ADV purchased a new stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 1,432 shares of the Internet television network's stock, valued at approximately $1,248,000.

A number of other institutional investors and hedge funds have also modified their holdings of NFLX. Nordea Investment Management AB increased its position in Netflix by 22.7% in the 4th quarter. Nordea Investment Management AB now owns 848,150 shares of the Internet television network's stock worth $760,918,000 after buying an additional 156,958 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Netflix by 1.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,579,404 shares of the Internet television network's stock worth $1,829,494,000 after acquiring an additional 29,726 shares during the last quarter. Natixis Advisors LLC raised its stake in Netflix by 2.0% during the 3rd quarter. Natixis Advisors LLC now owns 612,458 shares of the Internet television network's stock valued at $434,398,000 after purchasing an additional 11,921 shares during the last quarter. M&T Bank Corp boosted its holdings in Netflix by 4.2% in the 3rd quarter. M&T Bank Corp now owns 41,946 shares of the Internet television network's stock valued at $29,751,000 after purchasing an additional 1,684 shares during the period. Finally, Quilter Plc grew its position in Netflix by 8.2% in the 4th quarter. Quilter Plc now owns 143,757 shares of the Internet television network's stock worth $128,133,000 after purchasing an additional 10,946 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Trading Down 2.1 %

Shares of Netflix stock traded down $21.39 during trading on Friday, reaching $1,003.15. 3,730,394 shares of the company were exchanged, compared to its average volume of 4,138,945. The business has a 50-day moving average price of $938.86 and a 200-day moving average price of $815.63. The firm has a market capitalization of $429.11 billion, a price-to-earnings ratio of 50.59, a P/E/G ratio of 2.16 and a beta of 1.27. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.56. Netflix, Inc. has a twelve month low of $542.01 and a twelve month high of $1,064.50.

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

Insider Buying and Selling at Netflix

In other news, Director Strive Masiyiwa sold 2,813 shares of the business's stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $1,007.87, for a total value of $2,835,138.31. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Gregory K. Peters sold 4,939 shares of Netflix stock in a transaction that occurred on Monday, February 10th. The shares were sold at an average price of $1,030.00, for a total transaction of $5,087,170.00. Following the completion of the sale, the chief executive officer now owns 12,950 shares in the company, valued at $13,338,500. This trade represents a 27.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 303,220 shares of company stock valued at $289,856,164. Company insiders own 1.76% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on NFLX shares. Pivotal Research upped their price objective on shares of Netflix from $1,100.00 to $1,250.00 and gave the company a "buy" rating in a research report on Wednesday, January 22nd. KeyCorp raised their price objective on shares of Netflix from $1,000.00 to $1,100.00 and gave the stock an "overweight" rating in a report on Wednesday, January 22nd. Evercore ISI upped their target price on shares of Netflix from $950.00 to $1,100.00 and gave the company an "outperform" rating in a research note on Wednesday, January 22nd. Argus raised their price target on shares of Netflix from $840.00 to $1,040.00 and gave the stock a "buy" rating in a research note on Monday, January 6th. Finally, Citigroup increased their target price on Netflix from $725.00 to $920.00 and gave the stock a "neutral" rating in a report on Thursday, December 5th. Ten 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,021.70.

Netflix Company 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.