Donald L. Hagan LLC boosted its position in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 9.5% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,071 shares of the Internet television network’s stock after purchasing an additional 93 shares during the period. Donald L. Hagan LLC’s holdings in Netflix were worth $760,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also bought and sold shares of NFLX. Denver PWM LLC bought a new stake in shares of Netflix during the 2nd quarter valued at about $25,000. Proffitt & Goodson Inc. increased its holdings in Netflix by 380.0% in the second quarter. Proffitt & Goodson Inc. now owns 48 shares of the Internet television network’s stock worth $32,000 after purchasing an additional 38 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. lifted its stake in 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 valued at $34,000 after buying an additional 42 shares during the period. AlphaMark Advisors LLC boosted its holdings in shares of Netflix by 642.9% during the 2nd quarter. AlphaMark Advisors LLC now owns 52 shares of the Internet television network’s stock worth $35,000 after buying an additional 45 shares in the last quarter. Finally, Triad Wealth Partners LLC acquired a new stake in shares of Netflix during the 2nd quarter worth approximately $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 Leslie J. Kilgore sold 358 shares of the firm’s stock in a transaction that occurred on Friday, October 18th. The shares were sold at an average price of $765.00, for a total transaction of $273,870.00. Following the completion of the sale, the director now owns 35,262 shares in the company, valued at $26,975,430. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, insider David A. Hyman sold 13,791 shares of the business’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $700.00, for a total value of $9,653,700.00. Following the sale, the insider now directly owns 31,610 shares in the company, valued at approximately $22,127,000. The trade was a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Leslie J. Kilgore sold 358 shares of the stock in a transaction dated Friday, October 18th. The stock was sold at an average price of $765.00, for a total transaction of $273,870.00. Following the transaction, the director now owns 35,262 shares of the company’s stock, valued at $26,975,430. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 229,477 shares of company stock worth $160,300,776 over the last three months. 1.76% of the stock is currently owned by insiders.
Netflix Stock Performance
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on NFLX shares. Oppenheimer boosted their target price on shares of Netflix from $775.00 to $825.00 and gave the company an “outperform” rating in a research report on Friday, October 18th. Barclays reiterated an “underweight” rating and set a $550.00 price objective on shares of Netflix in a report on Friday, October 18th. Redburn Atlantic raised their target price on Netflix from $740.00 to $760.00 and gave the company a “buy” rating in a research note on Friday, July 19th. TD Cowen boosted their target price on Netflix from $820.00 to $835.00 and gave the company a “buy” rating in a research report on Friday, October 18th. Finally, Canaccord Genuity Group increased their price target on Netflix from $750.00 to $760.00 and gave the stock a “hold” rating in a report on Friday, October 18th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $748.15.
Check Out Our Latest Stock Report on Netflix
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.
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