A number of institutional investors have recently added to or reduced their stakes in the company. The stock decreased 0.42% or $0.37 during the last trading session, reaching $87.96. About 2.87M shares traded.
The company is the first tech megacap to report earnings - and it comes at a critical time. It has outperformed by 65.23% the S&P500.
Gotham Asset Management LLC purchased a new stake in shares of Netflix (NASDAQ:NFLX) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. (NASDAQ:NFLX) for 40 shs. The company's revenue for the quarter was up 32.6% compared to the same quarter last year. equities research analysts predict that Netflix will post 2.73 EPS for the current year. NFLX's profit will be $273.38 million for 124.41 P/E if the $0.63 EPS becomes a reality. After $0.41 actual EPS reported by Netflix, Inc. for the previous quarter, Wall Street now forecasts 53.66% EPS growth. Netflix presently has an average rating of Buy and a consensus price target of $265.71. Therefore 61% are positive. Netflix had 237 analyst reports since August 4, 2015 according to SRatingsIntel. RBC Capital Markets maintained Netflix, Inc.
Shares of NFLX stock opened at $309.25 on Wednesday.
Wall Street is looking for first quarter total subscriber net additions of 1.45 million in the USA and 5.0 million internationally, according to the average of six estimates compiled by Bloomberg News. Goldman Sachs maintained it with "Buy" rating and $235.0 target in Friday, October 13 report. The rating was maintained by Piper Jaffray with "Buy" on Tuesday, January 23. On Tuesday, October 17 the rating was maintained by Loop Capital with "Buy". Listed here are Netflix, Inc. The firm has "Sell" rating given on Wednesday, January 17 by Wedbush. On Thursday, January 11 the stock has "Buy" rating by Barclays Capital. Following the completion of the sale, the insider now directly owns 2,170 shares in the company, valued at approximately $312,979.10. BARTON RICHARD N sold 700 shares worth $220,066. (NASDAQ:NFLX) shs. SARANDOS THEODORE A sold $43.05 million worth of stock or 163,747 shs. FRIEDLAND JONATHAN also sold $1.31 million worth of Netflix, Inc. (NASDAQ:NFLX) on Thursday, February 8. The shares were sold at an average price of $144.23, for a total value of $312,979.10. Now the hedge fund run by Eashwar Krishnan is holding 1.67M shares, compared to the 1.17 million from the previous quarter.
Investors sentiment increased to 1.31 in Q4 2017. That's change of 0.19, from 2017Q3's 1.12. Funds hold 344.43 million shares thus 3.28% less from 2017Q3's 356.10 million shares. Colorado-based Alps Advsrs has invested 0.01% in Netflix, Inc. Hillman Com has invested 13.99% in Netflix, Inc. (NASDAQ:NFLX). Arrowgrass Capital Prtnrs (Us) LP has 0.06% invested in Netflix, Inc. Calamos Wealth Mngmt Ltd Liability holds 0.2% or 8,129 shs. Schwab Charles Inv Mgmt Inc has 0.22% invested in Netflix, Inc. North Star Invest Mngmt Corp accumulated 4,940 shares or 0.03% of the stock.
Technology Crossover Management Vii Ltd decreased its stake in Netflix Inc. Peddock Cap Advsr Limited Liability Corp, Massachusetts-based fund reported 170 shs. Quinn Opportunity Ptnrs Lc holds 0.05% or 1,500 shares. Wade G W reported 3,258 shs stake. (NASDAQ:NFLX). 15,659 were accumulated by United Capital Advisers Llc. Following the sale, the director now directly owns 2,575 shares of the company's stock, valued at $665,611.75. It is positive, as 27 investors sold BID shares while 69 reduced holdings. (NASDAQ:NFLX). 1,259 are held by Smith Chas P Assoc Pa Cpas. Sotheby's had 19 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Canaccord Genuity on Monday, January 22 with "Buy". On Friday, March 9 Bernstein maintained Netflix, Inc. The stock of Sotheby's (NYSE:BID) earned "Buy" rating by Stifel Nicolaus on Friday, December 18. The firm has "Buy" rating given on Monday, November 21 by Brean Capital. Argus Research maintained Amazon.com, Inc. The stock of Sotheby's (NYSE:BID) has "Buy" rating given on Thursday, September 3 by Williams Capital Group. Argus Research has "Buy" rating and $1150.0 target. As per Tuesday, January 23, the company rating was maintained by UBS.