Highview Capital Management LLC DE Buys 83 Shares of Netflix, Inc. (NASDAQ:NFLX)

Highview Capital Management LLC DE grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 4.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,955 shares of the Internet television network’s stock after purchasing an additional 83 shares during the period. Highview Capital Management LLC DE’s holdings in Netflix were worth $1,387,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Denver PWM LLC purchased a new stake in Netflix in the second quarter worth $25,000. Proffitt & Goodson Inc. lifted its position in Netflix by 380.0% during the 2nd quarter. Proffitt & Goodson Inc. now owns 48 shares of the Internet television network’s stock valued at $32,000 after acquiring an additional 38 shares during the period. AlphaMark Advisors LLC boosted its stake in Netflix by 642.9% during the second quarter. AlphaMark Advisors LLC now owns 52 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 45 shares in the last quarter. Triad Wealth Partners LLC purchased a new stake in Netflix in the second quarter worth about $38,000. Finally, Summit Securities Group LLC bought a new position in shares of Netflix during the second quarter valued at approximately $38,000. 80.93% of the stock is owned by institutional investors.

Analyst Ratings Changes

NFLX has been the topic of several recent research reports. Benchmark restated a “sell” rating and issued a $545.00 price target on shares of Netflix in a research note on Tuesday, October 15th. Morgan Stanley raised their price target on Netflix from $820.00 to $830.00 and gave the company an “overweight” rating in a report on Friday, October 18th. Rosenblatt Securities raised their price objective on shares of Netflix from $635.00 to $680.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Macquarie reiterated an “outperform” rating and issued a $795.00 target price on shares of Netflix in a research note on Friday, October 18th. Finally, Wolfe Research reissued an “outperform” rating on shares of Netflix in a research report on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $748.15.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $759.44 on Wednesday. The firm’s fifty day moving average is $709.10 and its two-hundred day moving average is $661.69. Netflix, Inc. has a 52-week low of $399.41 and a 52-week high of $773.00. The company has a market cap of $324.63 billion, a P/E ratio of 42.98, a P/E/G ratio of 1.45 and a beta of 1.26. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.13 and a current ratio of 1.13.

Insider Buying and Selling

In other Netflix news, Director Richard N. Barton sold 5,698 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $756.00, for a total transaction of $4,307,688.00. Following the completion of the transaction, the director now owns 246 shares in the company, valued at $185,976. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. In other news, Director Richard N. Barton sold 5,698 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $756.00, for a total transaction of $4,307,688.00. Following the sale, the director now directly owns 246 shares in the company, valued at approximately $185,976. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gregory K. Peters sold 4,186 shares of the business’s stock in a transaction that occurred on Friday, October 18th. The stock was sold at an average price of $750.00, for a total value of $3,139,500.00. Following the sale, the chief executive officer now directly owns 13,090 shares in the company, valued at $9,817,500. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 235,409 shares of company stock worth $158,213,518. Corporate insiders own 1.76% of the company’s stock.

Netflix Company 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.