415 Shares in Netflix, Inc. (NASDAQ:NFLX) Acquired by Kera Capital Partners Inc.

Kera Capital Partners Inc. bought a new stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 415 shares of the Internet television network's stock, valued at approximately $370,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. State Street Corp raised its stake in shares of Netflix by 2.6% during the 3rd quarter. State Street Corp now owns 16,951,347 shares of the Internet television network's stock worth $12,023,082,000 after acquiring an additional 426,740 shares in the last quarter. Geode Capital Management LLC grew its holdings in Netflix by 1.4% in the third quarter. Geode Capital Management LLC now owns 9,148,356 shares of the Internet television network's stock worth $6,464,736,000 after purchasing an additional 123,029 shares during the last quarter. Jennison Associates LLC increased its position in shares of Netflix by 4.7% during the third quarter. Jennison Associates LLC now owns 6,990,874 shares of the Internet television network's stock worth $4,958,417,000 after purchasing an additional 316,594 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Netflix by 116,620.0% during the 3rd quarter. International Assets Investment Management LLC now owns 5,753,129 shares of the Internet television network's stock valued at $4,080,522,000 after purchasing an additional 5,748,200 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in shares of Netflix by 0.5% in the 3rd quarter. Wellington Management Group LLP now owns 4,897,389 shares of the Internet television network's stock worth $3,473,571,000 after purchasing an additional 23,702 shares in the last quarter. Institutional investors own 80.93% of the company's stock.

Insider Buying and Selling

In other news, insider David A. Hyman sold 267 shares of the company'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 value of $204,433.89. Following the transaction, the insider now directly owns 31,610 shares in the company, valued at approximately $24,202,828.70. This represents a 0.84 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Timothy M. Haley sold 11,090 shares of Netflix stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $757.96, for a total transaction of $8,405,776.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 152,198 shares of company stock valued at $127,616,898. 1.76% of the stock is currently owned by insiders.

Netflix Trading Up 1.9 %

Shares of Netflix stock traded up $15.73 during mid-day trading on Friday, hitting $858.10. The stock had a trading volume of 3,563,913 shares, compared to its average volume of 2,297,633. The firm has a market cap of $366.80 billion, a P/E ratio of 48.56, a price-to-earnings-growth ratio of 1.35 and a beta of 1.27. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 0.62. The firm has a 50-day moving average of $884.58 and a two-hundred day moving average of $759.04. Netflix, Inc. has a 12-month low of $476.06 and a 12-month high of $941.75.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its earnings results on Thursday, October 17th. The Internet television network reported $5.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.09 by $0.31. Netflix had a return on equity of 35.86% and a net margin of 20.70%. The company had revenue of $9.82 billion during the quarter, compared to analysts' expectations of $9.77 billion. Sell-side analysts forecast that Netflix, Inc. will post 19.78 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on NFLX. Oppenheimer reduced their target price on Netflix from $1,065.00 to $1,040.00 and set an "outperform" rating on the stock in a research report on Wednesday. KeyCorp increased their price objective on shares of Netflix from $760.00 to $785.00 and gave the company an "overweight" rating in a research report on Friday, October 18th. Sanford C. Bernstein lifted their target price on shares of Netflix from $625.00 to $780.00 and gave the stock a "market perform" rating in a research note on Friday, October 18th. Citigroup upped their price target on shares of Netflix from $725.00 to $920.00 and gave the company a "neutral" rating in a research note on Thursday, December 5th. Finally, StockNews.com upgraded shares of Netflix from a "hold" rating to a "buy" rating in a research note on Saturday, December 21st. Two research analysts have rated the stock with a sell rating, nine have given a hold rating, twenty-four have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Netflix has a consensus rating of "Moderate Buy" and an average target price of $845.06.

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.