Cozad Asset Management Inc. Boosts Stake in Netflix, Inc. (NASDAQ:NFLX)

Cozad Asset Management Inc. lifted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 4.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 917 shares of the Internet television network’s stock after purchasing an additional 38 shares during the period. Cozad Asset Management Inc.’s holdings in Netflix were worth $650,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Denver PWM LLC acquired a new position in shares of Netflix during the 2nd quarter worth approximately $25,000. Proffitt & Goodson Inc. increased its holdings in Netflix by 380.0% in the 2nd quarter. Proffitt & Goodson Inc. now owns 48 shares of the Internet television network’s stock worth $32,000 after acquiring an additional 38 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. raised its position in Netflix by 700.0% during 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. AlphaMark Advisors LLC lifted its holdings in Netflix by 642.9% during the second quarter. AlphaMark Advisors LLC now owns 52 shares of the Internet television network’s stock valued at $35,000 after purchasing an additional 45 shares in the last quarter. Finally, Triad Wealth Partners LLC acquired a new stake in shares of Netflix in the second quarter valued at about $38,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Buying and Selling at Netflix

In other news, Director Jay C. Hoag sold 37,675 shares of the company’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $629.73, for a total transaction of $23,725,077.75. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In other news, Director Jay C. Hoag sold 37,675 shares of the business’s stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $629.73, for a total transaction of $23,725,077.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Reed Hastings sold 25,074 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $680.92, for a total transaction of $17,073,388.08. Following the sale, the chairman now owns 85 shares in the company, valued at $57,878.20. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 242,112 shares of company stock valued at $169,954,456 in the last 90 days. Company insiders own 1.76% of the company’s stock.

Netflix Trading Up 2.1 %

NASDAQ NFLX opened at $796.54 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.13 and a current ratio of 1.13. The firm has a market cap of $340.49 billion, a price-to-earnings ratio of 45.08, a PEG ratio of 1.46 and a beta of 1.25. The firm has a 50 day simple moving average of $717.59 and a 200-day simple moving average of $667.98. Netflix, Inc. has a one year low of $433.68 and a one year high of $798.22.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NFLX. JPMorgan Chase & Co. raised their price target on shares of Netflix from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Benchmark reaffirmed a “sell” rating and issued a $545.00 price target on shares of Netflix in a research note on Tuesday, October 15th. Needham & Company LLC boosted their price target on Netflix from $700.00 to $800.00 and gave the stock a “buy” rating in a research report on Friday, October 18th. Redburn Atlantic raised their price objective on Netflix from $740.00 to $760.00 and gave the company a “buy” rating in a report on Friday, July 19th. Finally, The Goldman Sachs Group set a $750.00 target price on shares of Netflix in a report on Friday, October 18th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-five have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $748.15.

About Netflix

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.