Netflix, Inc. (NASDAQ:NFLX) Stock Holdings Lifted by Harel Insurance Investments & Financial Services Ltd.

Harel Insurance Investments & Financial Services Ltd. raised its stake in Netflix, Inc. (NASDAQ:NFLX) by 10.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 727 shares of the Internet television network’s stock after buying an additional 70 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Netflix were worth $648,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. RPg Family Wealth Advisory LLC acquired a new stake in Netflix in the 3rd quarter worth $25,000. E Fund Management Hong Kong Co. Ltd. increased its stake in Netflix by 700.0% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network’s stock worth $34,000 after purchasing an additional 42 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in Netflix in the 4th quarter valued at $43,000. MidAtlantic Capital Management Inc. bought a new stake in shares of Netflix in the 3rd quarter valued at about $37,000. Finally, FSA Wealth Management LLC bought a new stake in Netflix in the 3rd quarter valued at $38,000. Institutional investors own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

NFLX has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft lifted their price target on Netflix from $650.00 to $875.00 and gave the company a “hold” rating in a research note on Wednesday. Loop Capital raised their price target on shares of Netflix from $925.00 to $1,000.00 and gave the stock a “hold” rating in a report on Wednesday. Robert W. Baird boosted their target price on shares of Netflix from $875.00 to $1,200.00 and gave the stock an “outperform” rating in a research report on Wednesday. TD Cowen upped their price objective on Netflix from $820.00 to $835.00 and gave the company a “buy” rating in a research note on Friday, October 18th. Finally, Oppenheimer boosted their price target on shares of Netflix from $1,040.00 to $1,150.00 and gave the stock an “outperform” rating in a report on Wednesday. Nine research analysts have rated the stock with a hold rating, twenty-six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Netflix currently has a consensus rating of “Moderate Buy” and an average target price of $1,009.29.

Insider Activity at Netflix

In other news, CEO Theodore A. Sarandos sold 1,278 shares of the company’s stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $767.05, for a total transaction of $980,289.90. Following the completion of the sale, the chief executive officer now directly owns 2,556 shares of the company’s stock, valued at $1,960,579.80. This represents a 33.33 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Timothy M. Haley sold 11,090 shares of the firm’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $757.96, for a total transaction of $8,405,776.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 147,117 shares of company stock valued at $123,913,691. 1.76% of the stock is owned by insiders.

Netflix Stock Down 0.7 %

Netflix stock opened at $977.59 on Friday. The stock has a 50-day simple moving average of $892.06 and a 200-day simple moving average of $764.95. Netflix, Inc. has a fifty-two week low of $542.01 and a fifty-two week high of $999.00. The company has a market capitalization of $417.88 billion, a P/E ratio of 49.30, a PEG ratio of 1.53 and a beta of 1.27. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.13 and a current ratio of 1.22.

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

Netflix 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.