Global X MANAGEMENT CO LLC Has $1.84 Million Holdings in Netflix, Inc. (NFLX)

Global X MANAGEMENT CO LLC raised its stake in Netflix, Inc. (NASDAQ:NFLX) by 3.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,151 shares of the Internet television network’s stock after purchasing an additional 303 shares during the period. Global X MANAGEMENT CO LLC’s holdings in Netflix were worth $1,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Xact Kapitalforvaltning AB grew its stake in shares of Netflix by 0.9% during the second quarter. Xact Kapitalforvaltning AB now owns 66,030 shares of the Internet television network’s stock worth $9,866,000 after acquiring an additional 605 shares during the last quarter. Centre Asset Management LLC grew its stake in shares of Netflix by 3.7% during the second quarter. Centre Asset Management LLC now owns 54,370 shares of the Internet television network’s stock worth $8,123,000 after acquiring an additional 1,940 shares during the last quarter. Independence Advisors LLC purchased a new stake in shares of Netflix during the second quarter worth about $288,000. Burns J W & Co. Inc. NY grew its stake in shares of Netflix by 0.5% during the second quarter. Burns J W & Co. Inc. NY now owns 21,400 shares of the Internet television network’s stock worth $3,197,000 after acquiring an additional 112 shares during the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in shares of Netflix during the second quarter worth about $254,000. Institutional investors own 80.43% of the company’s stock.

In other Netflix news, insider Jonathan Friedland sold 3,617 shares of the company’s stock in a transaction dated Tuesday, October 17th. The shares were sold at an average price of $203.35, for a total transaction of $735,516.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard N. Barton sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 29th. The shares were sold at an average price of $165.72, for a total transaction of $331,440.00. Following the sale, the director now owns 8,012 shares of the company’s stock, valued at $1,327,748.64. The disclosure for this sale can be found here. Insiders have sold 342,372 shares of company stock worth $63,255,427 over the last three months. Company insiders own 4.90% of the company’s stock.

Netflix, Inc. (NASDAQ NFLX) opened at $195.08 on Tuesday. Netflix, Inc. has a one year low of $110.68 and a one year high of $204.38. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47. The firm has a market cap of $83,093.03, a price-to-earnings ratio of 193.96, a PEG ratio of 5.64 and a beta of 1.39.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.03). Netflix had a return on equity of 14.56% and a net margin of 4.04%. The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $2.97 billion. During the same period last year, the company posted $0.12 earnings per share. The company’s revenue was up 30.3% compared to the same quarter last year. research analysts predict that Netflix, Inc. will post 1.28 EPS for the current fiscal year.

A number of brokerages have recently weighed in on NFLX. B. Riley restated a “neutral” rating on shares of Netflix in a research note on Wednesday, November 1st. Loop Capital reaffirmed a “buy” rating and set a $237.00 target price on shares of Netflix in a report on Thursday, October 26th. Needham & Company LLC reaffirmed a “neutral” rating on shares of Netflix in a report on Thursday, October 19th. Vetr raised Netflix from a “hold” rating to a “buy” rating and set a $210.19 target price for the company in a report on Thursday, October 19th. Finally, Wedbush reaffirmed a “hold” rating and set a $190.00 target price (up previously from $180.00) on shares of Netflix in a report on Wednesday, October 18th. One analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and thirty-three have given a buy rating to the company’s stock. Netflix has an average rating of “Buy” and an average price target of $207.20.

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Netflix Profile

Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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