First Capital Advisors Group LLC. Sells 75 Shares of Netflix, Inc. (NFLX)

First Capital Advisors Group LLC. decreased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 7.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 873 shares of the Internet television network’s stock after selling 75 shares during the period. First Capital Advisors Group LLC.’s holdings in Netflix were worth $234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Advisors Asset Management Inc. grew its holdings in shares of Netflix by 95.9% during the second quarter. Advisors Asset Management Inc. now owns 7,885 shares of the Internet television network’s stock worth $3,086,000 after buying an additional 3,861 shares in the last quarter. BB&T Corp grew its holdings in shares of Netflix by 4.6% during the third quarter. BB&T Corp now owns 4,390 shares of the Internet television network’s stock worth $1,642,000 after buying an additional 192 shares in the last quarter. Bristlecone Advisors LLC grew its holdings in shares of Netflix by 55.1% during the third quarter. Bristlecone Advisors LLC now owns 1,678 shares of the Internet television network’s stock worth $628,000 after buying an additional 596 shares in the last quarter. IFM Investors Pty Ltd grew its holdings in shares of Netflix by 16.9% during the third quarter. IFM Investors Pty Ltd now owns 22,963 shares of the Internet television network’s stock worth $8,591,000 after buying an additional 3,326 shares in the last quarter. Finally, Truvestments Capital LLC bought a new position in shares of Netflix during the third quarter worth about $195,000. 79.49% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ NFLX opened at $361.20 on Tuesday. The firm has a market capitalization of $153.58 billion, a price-to-earnings ratio of 134.78, a P/E/G ratio of 2.90 and a beta of 1.38. The company has a quick ratio of 1.49, a current ratio of 1.49 and a debt-to-equity ratio of 1.98. Netflix, Inc. has a fifty-two week low of $231.23 and a fifty-two week high of $423.21.



Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Thursday, January 17th. The Internet television network reported $0.30 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.06. Netflix had a return on equity of 25.82% and a net margin of 7.67%. The company had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.21 billion. During the same quarter in the previous year, the firm earned $0.41 EPS. Netflix’s revenue was up 27.4% on a year-over-year basis. As a group, equities research analysts forecast that Netflix, Inc. will post 4.05 EPS for the current fiscal year.

In other news, Director Anne M. Sweeney sold 7,607 shares of the business’s stock in a transaction on Tuesday, February 12th. The stock was sold at an average price of $360.00, for a total transaction of $2,738,520.00. Following the completion of the transaction, the director now owns 444 shares of the company’s stock, valued at approximately $159,840. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Anne M. Sweeney sold 342 shares of the business’s stock in a transaction on Thursday, February 14th. The stock was sold at an average price of $360.00, for a total value of $123,120.00. Following the transaction, the director now directly owns 342 shares of the company’s stock, valued at approximately $123,120. The disclosure for this sale can be found here. Insiders have sold a total of 219,664 shares of company stock valued at $62,112,247 in the last three months. 4.29% of the stock is owned by insiders.

A number of research analysts recently issued reports on the company. BidaskClub downgraded Netflix from a “buy” rating to a “hold” rating in a report on Tuesday, January 22nd. UBS Group reiterated a “buy” rating and set a $420.00 price objective (up from $410.00) on shares of Netflix in a report on Friday, January 18th. ValuEngine upgraded Netflix from a “hold” rating to a “buy” rating in a report on Monday, January 7th. Argus restated a “hold” rating on shares of Netflix in a research note on Tuesday, January 22nd. Finally, Monness Crespi & Hardt restated a “buy” rating and issued a $440.00 price target (up from $430.00) on shares of Netflix in a research note on Friday, January 18th. Six analysts have rated the stock with a sell rating, eight have issued a hold rating, thirty have assigned a buy rating and one has given a strong buy rating to the company’s stock. Netflix presently has an average rating of “Buy” and a consensus target price of $376.33.

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Netflix Company Profile

Netflix, Inc provides Internet entertainment services. The company operates in three reportable segments: Domestic streaming, International streaming, and Domestic DVD. It offers TV series, documentaries, and feature films. The company provides members the ability to receive streaming content through a host of Internet-connected screens, including TVs, digital video players, television set-top boxes, and mobile devices.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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