November 28, 2016 - By kentuckypostne · 0 Comments
Netflix Inc (NASDAQ:NFLX) institutional sentiment decreased to 0.95 in Q2 2016. Its down -0.18, from 1.13 in 2016Q1. The ratio turned negative, as 320 investment professionals increased and started new holdings, while 284 sold and trimmed equity positions in Netflix Inc. The investment professionals in our partner’s database reported: 333.23 million shares, down from 361.10 million shares in 2016Q1. Also, the number of investment professionals holding Netflix Inc in their top 10 holdings decreased from 29 to 18 for a decrease of 11. Sold All: 100 Reduced: 184 Increased: 232 New Position: 88.
Netflix Inc is an Internet television network with over 86 million members in over 190 countries enjoying more than 125 million hours of television shows and movies per day, including original series, documentaries and feature films. The company has a market cap of $50.01 billion. Members can watch as much as they want, anytime, anywhere, on nearly any Internet-connected screen. It has a 313.85 P/E ratio.
About 1.24 million shares traded hands. Netflix, Inc. (NASDAQ:NFLX) has risen 25.49% since April 25, 2016 and is uptrending. It has outperformed by 19.48% the S&P500.
Analysts await Netflix, Inc. (NASDAQ:NFLX) to report earnings on January, 17. They expect $0.13 EPS, up 85.71% or $0.06 from last year’s $0.07 per share. NFLX’s profit will be $55.65 million for 224.62 P/E if the $0.13 EPS becomes a reality. After $0.12 actual EPS reported by Netflix, Inc. for the previous quarter, Wall Street now forecasts 8.33% EPS growth.
According to Zacks Investment Research, “Netflix is the world’s leading Internet television network with millions of subscribers in nearly 50 countries who have access to an ever-expanding library of TV shows and movies, including original programming, documentaries and feature films. The company offers the ability to watch as subscribers want, anytime, anywhere, on nearly any Internet-connected screen.”
Srs Investment Management Llc holds 28.38% of its portfolio in Netflix, Inc. for 10.20 million shares. Barton Investment Management owns 727,207 shares or 24.21% of their US portfolio. Moreover, Technology Crossover Management Vii Ltd. has 23.5% invested in the company for 5.04 million shares. The New York-based Teewinot Capital Advisers L.L.C. has invested 13.58% in the stock. R. G. Niederhoffer Capital Management Inc, a New York-based fund reported 15,200 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 2 insider purchases, and 23 insider sales for $14.65 million net activity.
Ratings analysis reveals 59% of Netflix’s analysts are positive. Out of 44 Wall Street analysts rating Netflix, 26 give it “Buy”, 6 “Sell” rating, while 12 recommend “Hold”. The lowest target is $45.0 while the high is $175. The stock’s average target of $118.38 is 1.34% above today’s ($116.82) share price. NFLX was included in 109 notes of analysts from August 4, 2015. Vetr upgraded the stock to “Hold” rating in Friday, August 21 report. The firm has “Underperform” rating given on Tuesday, July 19 by Bernstein. The company was initiated on Tuesday, August 4 by Guggenheim. The rating was initiated by Axiom Capital on Monday, August 29 with “Sell”. Loop Capital initiated it with “Buy” rating and $125 target price in Wednesday, October 5 report. The company was maintained on Tuesday, October 18 by Loop Capital. The firm has “Neutral” rating given on Friday, August 28 by BNP Paribas. Axiom Capital maintained it with “Sell” rating and $84 target price in Tuesday, October 18 report. Robert W. Baird downgraded the stock to “Neutral” rating in Monday, January 4 report. Wunderlich maintained the shares of NFLX in a report on Friday, August 28 with “Buy” rating.
Netflix, Inc. (Netflix), incorporated on August 29, 1997, is a well-known provider of Internet television network. The Firm has over 86 million streaming members in over 190 countries. The Companyâ€™s members can watch television (TV) shows and movies, including original series, documentaries and feature films in Internet-connected screen. The Company’s divisions include Domestic streaming and International streaming. The Domestic and International streaming divisions derive revenues from monthly membership fees for services consisting of streaming content. Netflixâ€™s members can watch TV shows and movies directly on their TVs, computers and mobile devices. The Firm offers streaming service both domestically and internationally.
More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: Profitconfidential.com which released: “Netflix, Inc.: Could This Tax Hurt Netflix Stock?” on November 27, 2016, also Fool.com with their article: “Better Buy: Netflix, Inc. vs. Facebook, Inc.” published on November 17, 2016, Nasdaq.com published: “Netflix Inc (NFLX) CEO Reed Hastings Sold $8.8 million of Shares” on November 25, 2016. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: Fool.com and their article: “How Netflix, Inc. Gained 27% in October” published on November 13, 2016 as well as Investorplace.com‘s news article titled: “2 Ways to Collect on Netflix, Inc. (NFLX) Stock” with publication date: November 22, 2016.
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