Aquatic Capital Management LLC Has $13.72 Million Holdings in Netflix, Inc. (NASDAQ:NFLX)

Aquatic Capital Management LLC decreased its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 66.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,396 shares of the Internet television network's stock after selling 30,884 shares during the period. Aquatic Capital Management LLC's holdings in Netflix were worth $13,723,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of NFLX. Boothbay Fund Management LLC grew its holdings in Netflix by 61.6% in the 4th quarter. Boothbay Fund Management LLC now owns 32,163 shares of the Internet television network's stock worth $28,668,000 after buying an additional 12,265 shares in the last quarter. DE Burlo Group Inc. raised its holdings in shares of Netflix by 2,055.2% in the 4th quarter. DE Burlo Group Inc. now owns 7,026 shares of the Internet television network's stock worth $6,262,000 after purchasing an additional 6,700 shares in the last quarter. Virtus ETF Advisers LLC lifted its stake in Netflix by 9.5% during the fourth quarter. Virtus ETF Advisers LLC now owns 1,535 shares of the Internet television network's stock valued at $1,368,000 after purchasing an additional 133 shares during the last quarter. Coldstream Capital Management Inc. grew its position in Netflix by 0.6% in the fourth quarter. Coldstream Capital Management Inc. now owns 11,515 shares of the Internet television network's stock worth $10,263,000 after buying an additional 64 shares during the last quarter. Finally, UP Strategic Wealth Investment Advisors LLC increased its holdings in shares of Netflix by 55.4% in the fourth quarter. UP Strategic Wealth Investment Advisors LLC now owns 449 shares of the Internet television network's stock valued at $400,000 after buying an additional 160 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Seaport Res Ptn raised Netflix from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, January 15th. Arete Research raised shares of Netflix to a "hold" rating in a research note on Thursday, January 23rd. Guggenheim reissued a "buy" rating and issued a $1,150.00 target price (up from $1,100.00) on shares of Netflix in a research report on Friday, April 18th. StockNews.com downgraded shares of Netflix from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th. Finally, Pivotal Research boosted their target price on shares of Netflix from $1,250.00 to $1,350.00 and gave the company a "buy" rating in a research note on Monday, April 21st. Ten research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $1,072.12.

Netflix Trading Up 1.4 %

Netflix stock traded up $15.26 during mid-day trading on Tuesday, hitting $1,125.64. The stock had a trading volume of 3,691,007 shares, compared to its average volume of 3,708,987. The stock has a market capitalization of $479.04 billion, a PE ratio of 56.76, a P/E/G ratio of 2.12 and a beta of 1.55. Netflix, Inc. has a 12 month low of $544.25 and a 12 month high of $1,127.53. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.56. The stock has a 50-day simple moving average of $957.26 and a two-hundred day simple moving average of $908.81.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings data on Thursday, April 17th. The Internet television network reported $6.61 earnings per share for the quarter, beating the consensus estimate of $5.74 by $0.87. Netflix had a net margin of 22.34% and a return on equity of 38.32%. The business had revenue of $10.54 billion for the quarter, compared to analyst estimates of $10.51 billion. During the same period in the prior year, the business posted $8.28 earnings per share. As a group, sell-side analysts forecast that Netflix, Inc. will post 24.58 EPS for the current year.

Insiders Place Their Bets

In other news, CAO Jeffrey William Karbowski sold 640 shares of the business's stock in a transaction on Friday, April 25th. The shares were sold at an average price of $1,097.04, for a total value of $702,105.60. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gregory K. Peters sold 4,939 shares of the business's stock in a transaction 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 transaction, the chief executive officer now directly owns 12,950 shares of the company's stock, valued at $13,338,500. This trade represents a 27.61 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 274,495 shares of company stock valued at $268,176,922. Company insiders own 1.76% of the company's stock.

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.