XML Financial LLC Has $294,000 Stock Holdings in Netflix, Inc. (NASDAQ:NFLX)

XML Financial LLC boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 7.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 330 shares of the Internet television network’s stock after buying an additional 22 shares during the period. XML Financial LLC’s holdings in Netflix were worth $294,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Advisory Resource Group grew its stake in shares of Netflix by 0.7% in the 3rd quarter. Advisory Resource Group now owns 1,746 shares of the Internet television network’s stock worth $1,238,000 after buying an additional 12 shares during the last quarter. Insight Wealth Strategies LLC boosted its holdings in Netflix by 1.9% in the fourth quarter. Insight Wealth Strategies LLC now owns 656 shares of the Internet television network’s stock worth $585,000 after acquiring an additional 12 shares in the last quarter. Sunflower Bank N.A. grew its stake in shares of Netflix by 2.1% in the fourth quarter. Sunflower Bank N.A. now owns 575 shares of the Internet television network’s stock worth $513,000 after acquiring an additional 12 shares during the last quarter. New World Advisors LLC increased its holdings in shares of Netflix by 2.0% during the third quarter. New World Advisors LLC now owns 724 shares of the Internet television network’s stock valued at $514,000 after acquiring an additional 14 shares in the last quarter. Finally, Trust Co. of Vermont raised its position in shares of Netflix by 2.5% in the 4th quarter. Trust Co. of Vermont now owns 570 shares of the Internet television network’s stock worth $508,000 after purchasing an additional 14 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Netflix Price Performance

Netflix stock opened at $953.99 on Thursday. The stock has a market cap of $407.79 billion, a price-to-earnings ratio of 53.99, a price-to-earnings-growth ratio of 1.40 and a beta of 1.27. The firm has a 50-day moving average of $886.64 and a two-hundred day moving average of $762.07. Netflix, Inc. has a 1 year low of $481.40 and a 1 year high of $999.00. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.13 and a quick ratio of 1.13.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Tuesday, January 21st. The Internet television network reported $4.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.20 by $0.07. The firm had revenue of $10.25 billion during the quarter, compared to analyst estimates of $10,141,900 billion. Netflix had a return on equity of 35.86% and a net margin of 20.70%. Netflix’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.11 earnings per share. On average, research analysts forecast that Netflix, Inc. will post 19.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on NFLX. Guggenheim increased their price objective on shares of Netflix from $950.00 to $1,100.00 and gave the company a “buy” rating in a research report on Wednesday. UBS Group boosted their price objective on shares of Netflix from $1,040.00 to $1,150.00 and gave the stock a “buy” rating in a report on Wednesday. Needham & Company LLC increased their target price on Netflix from $800.00 to $1,150.00 and gave the company a “buy” rating in a research note on Wednesday. StockNews.com raised Netflix from a “hold” rating to a “buy” rating in a report on Saturday, December 21st. Finally, TD Cowen lifted their price objective on Netflix from $820.00 to $835.00 and gave the stock a “buy” rating in a report on Friday, October 18th. Nine analysts have rated the stock with a hold rating, twenty-six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $993.82.

Insider Buying and Selling

In other news, Chairman Reed Hastings sold 48,363 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $896.60, for a total transaction of $43,362,265.80. Following the transaction, the chairman now directly owns 114 shares in the company, valued at approximately $102,212.40. This trade represents a 99.76 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider David A. Hyman sold 267 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $765.67, for a total value of $204,433.89. Following the sale, the insider now owns 31,610 shares of the company’s stock, valued at approximately $24,202,828.70. This represents a 0.84 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 152,198 shares of company stock valued at $127,616,898 over the last three months. 1.76% of the stock is owned by company insiders.

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.