Sava Infond d.o.o. Buys New Holdings in Netflix, Inc. (NASDAQ:NFLX)

Sava Infond d.o.o. acquired a new position in Netflix, Inc. (NASDAQ:NFLX - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 540 shares of the Internet television network's stock, valued at approximately $481,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NFLX. West Michigan Advisors LLC lifted its position in shares of Netflix by 1.3% during the 4th quarter. West Michigan Advisors LLC now owns 776 shares of the Internet television network's stock worth $692,000 after buying an additional 10 shares during the last quarter. Warwick Investment Management Inc. increased its holdings in shares of Netflix by 3.5% during the fourth quarter. Warwick Investment Management Inc. now owns 298 shares of the Internet television network's stock worth $266,000 after buying an additional 10 shares in the last quarter. MRP Capital Investments LLC boosted its holdings in shares of Netflix by 1.0% during the 4th quarter. MRP Capital Investments LLC now owns 1,052 shares of the Internet television network's stock valued at $938,000 after acquiring an additional 10 shares in the last quarter. Enzi Wealth grew its position in Netflix by 3.4% during the 4th quarter. Enzi Wealth now owns 331 shares of the Internet television network's stock worth $316,000 after acquiring an additional 11 shares during the last quarter. Finally, TCI Wealth Advisors Inc. increased its holdings in Netflix by 1.6% in the 4th quarter. TCI Wealth Advisors Inc. now owns 700 shares of the Internet television network's stock worth $624,000 after purchasing an additional 11 shares in the last quarter. Institutional investors own 80.93% of the company's stock.

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Insider Buying and Selling at Netflix

In other news, Director Richard N. Barton sold 6,364 shares of the stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $879.38, for a total transaction of $5,596,374.32. Following the transaction, the director now directly owns 246 shares in the company, valued at approximately $216,327.48. This represents a 96.28 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Reed Hastings sold 35,868 shares of the company's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $888.08, for a total value of $31,853,653.44. Following the completion of the sale, the chairman now directly owns 114 shares of the company's stock, valued at approximately $101,241.12. This represents a 99.68 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 288,583 shares of company stock valued at $279,611,567 in the last three months. Company insiders own 1.76% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on NFLX. Loop Capital reaffirmed a "hold" rating on shares of Netflix in a research note on Monday, March 24th. StockNews.com cut shares of Netflix from a "buy" rating to a "hold" rating in a research note on Tuesday, February 4th. The Goldman Sachs Group lifted their target price on Netflix from $850.00 to $960.00 and gave the stock a "neutral" rating in a report on Wednesday, January 22nd. Rosenblatt Securities upgraded Netflix from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $680.00 to $1,494.00 in a research report on Wednesday, January 22nd. Finally, Citigroup raised their price target on shares of Netflix from $725.00 to $920.00 and gave the stock a "neutral" rating in a report on Thursday, December 5th. Ten research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Netflix presently has an average rating of "Moderate Buy" and a consensus target price of $1,021.02.

Netflix Stock Performance

NASDAQ:NFLX opened at $932.53 on Tuesday. The company has a market capitalization of $398.90 billion, a P/E ratio of 47.03, a P/E/G ratio of 2.12 and a beta of 1.38. Netflix, Inc. has a 1 year low of $542.01 and a 1 year high of $1,064.50. 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 business has a fifty day simple moving average of $973.23 and a two-hundred day simple moving average of $871.15.

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

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.