SJS Investment Consulting Inc. Has $170,000 Stock Holdings in Netflix, Inc. (NASDAQ:NFLX)

SJS Investment Consulting Inc. lowered its position in Netflix, Inc. (NASDAQ:NFLX) by 14.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 191 shares of the Internet television network’s stock after selling 32 shares during the quarter. SJS Investment Consulting Inc.’s holdings in Netflix were worth $170,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in NFLX. RPg Family Wealth Advisory LLC acquired a new stake in shares of Netflix in the third quarter valued at about $25,000. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of Netflix by 700.0% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network’s stock worth $34,000 after acquiring an additional 42 shares during the period. MidAtlantic Capital Management Inc. bought a new stake in Netflix in the third quarter valued at approximately $37,000. FSA Wealth Management LLC acquired a new stake in Netflix during the 3rd quarter valued at approximately $38,000. Finally, First Personal Financial Services bought a new position in Netflix during the 3rd quarter worth approximately $40,000. Institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on NFLX shares. Wells Fargo & Company upped their price objective on shares of Netflix from $758.00 to $797.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Oppenheimer increased their price target on Netflix from $1,040.00 to $1,150.00 and gave the stock an “outperform” rating in a report on Wednesday. Pivotal Research boosted their price objective on Netflix from $1,100.00 to $1,250.00 and gave the company a “buy” rating in a research note on Wednesday. StockNews.com cut Netflix from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, Piper Sandler reissued an “overweight” rating and issued a $1,100.00 price target (up from $950.00) on shares of Netflix in a research note on Wednesday. Nine research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $1,009.29.

Insider Transactions at Netflix

In other Netflix news, Director Richard N. Barton sold 6,364 shares of the firm’s stock in a transaction on Tuesday, January 7th. The stock was sold at an average price of $879.38, for a total value of $5,596,374.32. Following the completion of the sale, the director now directly owns 246 shares of the company’s stock, valued at $216,327.48. This trade represents a 96.28 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Jay C. Hoag sold 617 shares of the company’s stock in a transaction on Thursday, January 23rd. The shares were sold at an average price of $979.71, for a total value of $604,481.07. The disclosure for this sale can be found here. Insiders have sold 147,117 shares of company stock worth $123,913,691 in the last ninety days. Company insiders own 1.76% of the company’s stock.

Netflix Trading Down 0.7 %

NASDAQ:NFLX opened at $977.59 on Friday. Netflix, Inc. has a 52 week low of $542.01 and a 52 week high of $999.00. The firm has a 50-day moving average price of $895.13 and a two-hundred day moving average price of $766.98. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 1.22. The firm has a market cap of $417.88 billion, a price-to-earnings ratio of 49.30, a price-to-earnings-growth ratio of 1.53 and a beta of 1.27.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Tuesday, January 21st. The Internet television network reported $4.27 EPS for the quarter, beating analysts’ consensus estimates of $4.20 by $0.07. Netflix had a return on equity of 38.32% and a net margin of 22.34%. The company had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $10,141,900 billion. During the same period last year, the business posted $2.11 earnings per share. Netflix’s revenue was up 16.0% on a year-over-year basis. On average, equities analysts expect that Netflix, Inc. will post 23.72 earnings per share for the current fiscal year.

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.