Netflix, Inc. (NASDAQ:NFLX) Shares Sold by Leuthold Group LLC

Leuthold Group LLC lessened its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 3.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,709 shares of the Internet television network's stock after selling 538 shares during the period. Netflix accounts for 1.7% of Leuthold Group LLC's portfolio, making the stock its 7th largest holding. Leuthold Group LLC's holdings in Netflix were worth $14,002,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Pathway Financial Advisers LLC grew its holdings in Netflix by 82.4% in the 4th quarter. Pathway Financial Advisers LLC now owns 31 shares of the Internet television network's stock valued at $27,000 after buying an additional 14 shares during the last quarter. RPg Family Wealth Advisory LLC bought a new stake in shares of Netflix in the third quarter valued at approximately $25,000. Newton One Investments LLC acquired a new stake in shares of Netflix in the fourth quarter worth $34,000. Pineridge Advisors LLC increased its position in Netflix by 4,000.0% during the fourth quarter. Pineridge Advisors LLC now owns 41 shares of the Internet television network's stock worth $37,000 after acquiring an additional 40 shares during the period. Finally, Princeton Global Asset Management LLC raised its stake in Netflix by 51.6% during the 4th quarter. Princeton Global Asset Management LLC now owns 47 shares of the Internet television network's stock valued at $42,000 after purchasing an additional 16 shares during the last quarter. Institutional investors own 80.93% of the company's stock.

Netflix Trading Down 2.1 %

Shares of Netflix stock traded down $21.39 on Friday, hitting $1,003.15. 3,730,394 shares of the company's stock traded hands, compared to its average volume of 3,484,255. The firm's 50-day moving average price is $940.55 and its two-hundred day moving average price is $819.90. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.22 and a quick ratio of 1.22. The stock has a market capitalization of $429.10 billion, a PE ratio of 50.59, a price-to-earnings-growth ratio of 2.12 and a beta of 1.27. Netflix, Inc. has a one year low of $542.01 and a one year high of $1,064.50.

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

Insider Activity

In other Netflix news, CEO Gregory K. Peters sold 4,939 shares of Netflix stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $1,030.00, for a total transaction of $5,087,170.00. Following the transaction, the chief executive officer now directly owns 12,950 shares in the company, valued at approximately $13,338,500. The trade was a 27.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ann Mather sold 2,682 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $973.00, for a total value of $2,609,586.00. The disclosure for this sale can be found here. Insiders sold a total of 303,220 shares of company stock valued at $289,856,164 in the last ninety days. 1.76% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have issued reports on NFLX. Rosenblatt Securities upgraded shares of Netflix from a "neutral" rating to a "buy" rating and raised their price target for the stock from $680.00 to $1,494.00 in a research report on Wednesday, January 22nd. Pivotal Research boosted their price target on Netflix from $1,100.00 to $1,250.00 and gave the company a "buy" rating in a research note on Wednesday, January 22nd. BMO Capital Markets reaffirmed an "outperform" rating and issued a $1,175.00 price target (up previously from $1,000.00) on shares of Netflix in a report on Wednesday, January 22nd. Loop Capital lifted their price objective on Netflix from $925.00 to $1,000.00 and gave the stock a "hold" rating in a report on Wednesday, January 22nd. Finally, Barclays upgraded Netflix from an "underweight" rating to an "equal weight" rating and upped their target price for the company from $715.00 to $900.00 in a research note on Wednesday, January 22nd. Ten research 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, the company currently has an average rating of "Moderate Buy" and an average 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.