denkapparat Operations GmbH Makes New $745,000 Investment in Netflix, Inc. (NASDAQ:NFLX)

denkapparat Operations GmbH bought a new stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 836 shares of the Internet television network's stock, valued at approximately $745,000. Netflix makes up about 1.1% of denkapparat Operations GmbH's portfolio, making the stock its 14th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NFLX. Norges Bank acquired a new position in shares of Netflix during the fourth quarter valued at about $5,019,087,000. Proficio Capital Partners LLC raised its stake in 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 worth $1,716,662,000 after acquiring an additional 1,924,423 shares during the last quarter. State Street Corp increased its holdings in shares of Netflix by 2.6% in the third quarter. State Street Corp now owns 16,951,347 shares of the Internet television network's stock valued at $12,023,082,000 after purchasing an additional 426,740 shares during the period. Strategic Financial Concepts LLC raised its stake in shares of 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 purchasing an additional 381,590 shares during the last quarter. Finally, KBC Group NV lifted its holdings in shares of Netflix by 226.3% during the fourth quarter. KBC Group NV now owns 399,186 shares of the Internet television network's stock worth $355,803,000 after purchasing an additional 276,865 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

NFLX has been the subject of several research reports. Bank of America lifted their price objective on shares of Netflix from $1,000.00 to $1,175.00 and gave the company a "buy" rating in a research note on Wednesday, January 22nd. Macquarie upped their target price on shares of Netflix from $965.00 to $1,150.00 and gave the stock an "outperform" rating in a report on Wednesday, January 22nd. Loop Capital reaffirmed a "hold" rating on shares of Netflix in a research report on Monday, March 24th. The Goldman Sachs Group lifted their price objective on Netflix from $850.00 to $960.00 and gave the company a "neutral" rating in a research note on Wednesday, January 22nd. Finally, Barclays upgraded shares of Netflix from an "underweight" rating to an "equal weight" rating and boosted their price target for the stock from $715.00 to $900.00 in a report on Wednesday, January 22nd. Ten analysts have rated the stock with a hold rating, twenty-seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Netflix currently has an average rating of "Moderate Buy" and a consensus target price of $1,021.02.

Netflix Stock Down 1.2 %

Netflix stock traded down $11.40 during midday trading on Monday, hitting $922.45. 2,156,691 shares of the company were exchanged, compared to its average volume of 3,577,798. The company has a market cap of $394.58 billion, a PE ratio of 46.58, a price-to-earnings-growth ratio of 2.12 and a beta of 1.38. Netflix, Inc. has a fifty-two week low of $542.01 and a fifty-two week high of $1,064.50. The company's fifty day moving average price is $971.74 and its 200-day moving average price is $869.42. 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 released its quarterly earnings results on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share for the quarter, beating 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 business had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10.14 billion. During the same period last year, the business earned $2.11 EPS. The business's revenue was up 16.0% on a year-over-year basis. On average, research analysts predict that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling

In other Netflix news, CAO Jeffrey William Karbowski sold 480 shares of the company's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $978.18, for a total transaction of $469,526.40. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Reed Hastings sold 35,868 shares of Netflix stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $888.08, for a total transaction of $31,853,653.44. Following the completion of the transaction, the chairman now directly owns 114 shares of the company's stock, valued at $101,241.12. This trade represents a 99.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 288,583 shares of company stock worth $279,611,567. 1.76% of the stock is currently owned by corporate insiders.

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.