Columbia Trust Co 01012016 Purchases 208 Shares of Netflix, Inc. (NASDAQ:NFLX)

Columbia Trust Co 01012016 increased its position in Netflix, Inc. (NASDAQ:NFLX) by 15.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,566 shares of the Internet television network’s stock after acquiring an additional 208 shares during the quarter. Columbia Trust Co 01012016’s holdings in Netflix were worth $762,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC lifted its position in Netflix by 13.9% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 197 shares of the Internet television network’s stock valued at $87,000 after purchasing an additional 24 shares during the last quarter. Tiemann Investment Advisors LLC lifted its position in Netflix by 2.0% during the second quarter. Tiemann Investment Advisors LLC now owns 1,252 shares of the Internet television network’s stock valued at $551,000 after purchasing an additional 25 shares during the last quarter. Gordian Capital Singapore Pte Ltd raised its stake in shares of Netflix by 0.3% during the second quarter. Gordian Capital Singapore Pte Ltd now owns 9,821 shares of the Internet television network’s stock worth $4,326,000 after acquiring an additional 25 shares in the last quarter. Key Financial Inc raised its stake in shares of Netflix by 14.4% during the third quarter. Key Financial Inc now owns 199 shares of the Internet television network’s stock worth $75,000 after acquiring an additional 25 shares in the last quarter. Finally, Lee Financial Co raised its stake in shares of Netflix by 18.2% during the third quarter. Lee Financial Co now owns 162 shares of the Internet television network’s stock worth $61,000 after acquiring an additional 25 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Netflix Stock Up 0.3 %

Shares of NFLX stock traded up $1.78 during mid-day trading on Tuesday, reaching $629.24. 2,797,931 shares of the company’s stock traded hands, compared to its average volume of 4,599,772. Netflix, Inc. has a 12 month low of $315.62 and a 12 month high of $634.39. The company has a market cap of $272.31 billion, a P/E ratio of 52.39, a P/E/G ratio of 1.70 and a beta of 1.22. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.69. The company’s 50-day moving average price is $576.19 and its 200-day moving average price is $485.50.

Netflix (NASDAQ:NFLX) last announced its earnings results on Tuesday, January 23rd. The Internet television network reported $2.11 EPS for the quarter, missing analysts’ consensus estimates of $2.20 by ($0.09). Netflix had a net margin of 16.04% and a return on equity of 24.76%. The business had revenue of $8.83 billion for the quarter, compared to the consensus estimate of $8.72 billion. During the same quarter last year, the firm posted $0.12 EPS. The business’s quarterly revenue was up 12.5% on a year-over-year basis. On average, equities analysts expect that Netflix, Inc. will post 17.01 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on NFLX shares. Wedbush lifted their price target on shares of Netflix from $525.00 to $615.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. Bank of America lifted their price target on shares of Netflix from $585.00 to $650.00 and gave the stock a “buy” rating in a research note on Wednesday, January 24th. Robert W. Baird lifted their price target on shares of Netflix from $500.00 to $600.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 24th. Guggenheim lifted their target price on shares of Netflix from $500.00 to $600.00 and gave the stock a “buy” rating in a research note on Wednesday, January 24th. Finally, Loop Capital lifted their target price on shares of Netflix from $585.00 to $700.00 and gave the stock a “buy” rating in a research note on Monday, March 18th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twenty-three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $579.85.

Insider Activity at Netflix

In other Netflix news, insider David A. Hyman sold 267 shares of Netflix stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $556.01, for a total value of $148,454.67. Following the completion of the transaction, the insider now directly owns 31,610 shares of the company’s stock, valued at $17,575,476.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Netflix news, insider David A. Hyman sold 267 shares of the stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $556.01, for a total transaction of $148,454.67. Following the sale, the insider now directly owns 31,610 shares in the company, valued at approximately $17,575,476.10. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Chairman Reed Hastings sold 25,998 shares of the business’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $470.51, for a total value of $12,232,318.98. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 273,767 shares of company stock valued at $151,298,232. 2.45% of the stock is owned by insiders.

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.