Update on Netflix, Inc. (NASDAQ:NFLX)
- Author: Anthony Vega Oct 14, 2017,
Oct 14, 2017, 0:12
93 funds opened positions while 256 raised stakes. The firm owned 87,774 shares of the Internet television network's stock after buying an additional 1,169 shares during the period. (NASDAQ:NFLX). Etrade Capital Lc reported 3,182 shares or 0.02% of all its holdings. Wetherby Asset Management Inc. boosted its stake in shares of Netflix by 0.5% in the fourth quarter. That suggests something of the likelihood of a short squeeze in shares of NFLX. First Interstate Retail Bank owns 225 shares. Finally, Jennison Associates LLC grew its stake in shares of Netflix by 14.0% in the second quarter.
Bernstein reiterated its outperform rating on the company's shares on Thursday, predicting Netflix will thrive from its recent price increases without any big detrimental effects. Adell Harriman Carpenter owns 19,450 shares.
Netflix, Inc.'s insider ownership stands at 0.1 percent, while its insider transaction is -68.14 percent. After $0.15 actual EPS reported by Netflix, Inc. for the previous quarter, Wall Street now forecasts 113.33% EPS growth. $4.09M worth of Netflix, Inc. (NASDAQ:NFLX). First Quadrant Lp Ca holds 0.15% or 50,428 shares. Alliancebernstein L P holds 0.1% or 858,682 shares in its portfolio. (NFLX) stake by 17.98% reported in 2017Q2 SEC filing. (NASDAQ:NFLX) for 5,651 shares. Pictet Asset Management holds 0.29% of its portfolio in Netflix, Inc. For more analysis of Netflix, visit the IBD Stock Checkup. (NASDAQ:NFLX) news were published by: Seekingalpha.com which released: "Netflix Flying High - Can It Last?" on October 07, 2017, also Investorplace.com with their article: "Netflix, Inc". $174,636 worth of Netflix, Inc. More interesting news about Netflix, Inc.
Netflix Q3 2017 earnings are slated for release on Monday after closing bell.
This years's gains have primarily gained ground because of the growing subscribers for Netflix at a remarkable pace. Six equity analysts rating the company a strong buy, seventeen equity analysts rating the company a buy, fifteen equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of $117.22. Therefore 69% are positive. Dignity PLC had 40 analyst reports since July 29, 2015 according to SRatingsIntel. Guggenheim initiated Netflix, Inc. NFLX's profit will be $138.15 million for 155.35 P/E if the $0.32 EPS becomes a reality. The firm has a market capitalization of $86.17 billion, a P/E ratio of 242.80 and a beta of 1.09. The rating was maintained by Raymond James on Friday, June 23 with "Buy". Rosenblatt maintained Netflix, Inc. (NASDAQ:NFLX) has "Buy" rating given on Monday, August 10 by Stifel Nicolaus. Canaccord Genuity maintained Netflix, Inc. RBC Capital Markets has "Buy" rating and $210.0 target. As per Tuesday, September 15, the company rating was maintained by Nomura. The stock has "Buy" rating by Cantor Fitzgerald on Saturday, September 5. The company was maintained on Wednesday, July 12 by Wedbush. It also reduced its holding in Cimarex Energy Co (NYSE:XEC) by 34,540 shares in the quarter, leaving it with 26,960 shares, and cut its stake in Chesapeake Energy Corp (NYSE:CHK).
Now the return on equity is 12.80% and its debt to equity is 1.55.
In other Netflix news, Director Richard N. Barton sold 2,000 shares of Netflix stock in a transaction that occurred on Thursday, October 12th. The insider HUNT NEIL D sold $4.09 million. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 6.99% with $423.94 Million sitting short, betting on future declines. (NYSE:TWX) has an average volume of 3.63 Million.
Essex Investment Management Co Llc holds 0.19% of its portfolio in Olympic Steel, Inc. for 68,564 shares. He estimates that more than 40% of USA households have a subscription, and like Terry, he expects the company's original content slate to continue driving subscriber and share growth.