The institutional investor held 577,000 shares of the consumer services company at the end of 2017Q4, valued at $56.98 million, down from 818,100 at the end of the previous reported quarter.
Next week brings reports from some of the largest companies in the tech sector: Alphabet Inc. The company's net profit margin is 4.8 percent. 100,000 shares traded per day would be a minimum for most traders and some require 1,000,000. Moreover, Aimz Inv has 0.26% invested in Netflix, Inc. (NASDAQ:NFLX). 10,802 are held by Natl Asset Mgmt. (NASDAQ:NFLX). Shine Inv Advisory stated it has 0.01% in Netflix, Inc. (NASDAQ:NFLX). Da Davidson & invested 0.03% of its capital in Netflix, Inc.
Netflix reports its first-quarter results after Monday's closing bell.
Barton Investment Management decreased its stake in Netflix Inc (NFLX) by 1.9% based on its latest 2017Q4 regulatory filing with the SEC. (NASDAQ:NFLX). Viking Glob Investors Ltd Partnership owns 3.73M shares for 4.4% of their portfolio. Savant Limited Liability Co holds 0.05% of its portfolio in Netflix, Inc. (NASDAQ:NFLX)'s stock has been 59.86% and 116.68% for the last 12 months. Oakworth Cap Inc reported 0.01% stake. Finally, QUANTRES ASSET MANAGEMENT Ltd bought a new position in shares of Netflix during the fourth quarter valued at $653,000.
Since January 1, 0001, it had 0 insider buys, and 8 sales for $29.81 million activity. HASTINGS REED also sold $23.86M worth of Netflix, Inc. KILGORE LESLIE J had sold 2,205 shs worth $562,716 on Tuesday, January 23.
NFLX stock traded up $2.40 on Friday, hitting $311.65. (NASDAQ:NFLX) was sold by WELLS DAVID B on Monday, December 18. (NASDAQ:NFLX) was sold by FRIEDLAND JONATHAN on Monday, October 16. The insider Peters Gregory K sold $2.48M. Following the sale, the chief executive officer now owns 87,297 shares in the company, valued at $11,062,275.84. If it keeps growing by 20 million subscribers a year on average, Mahaney estimates Netflix will add about $2.5 billion in new revenue a year to its top-line. Jefferies maintained the shares of NFLX in report on Monday, July 17 with "Hold" rating. Xact Kapitalforvaltning AB now owns 76,669 shares of the Internet television network's stock worth $14,717,000 after buying an additional 6,602 shares in the last quarter. Netflix, Inc. Considering that the stock recent volume of 6147652 shares, this represents a noteworthy trading in volume size. The stock was sold at an average price of $225.12, for a total transaction of $218,816.64. It has outperformed by 97.18% the S&P500.
Jennison Associates Llc operates about $101.25 billion US Long portfolio. Now the hedge fund run by Karthik Sarma is holding 8.07 million shares, compared to the 10.49 million from the previous quarter. For a total of 2.91M shares it increased its holding in Bankunited Inc (NYSE:BKU) by 496,381 shares in the quarter, and has risen its stake in Brooks Automation Inc (NASDAQ:BRKS). Now have a look at past performance (weekly performance to year to date performance) how Netflix, Inc. (NASDAQ:NFLX) earned "Buy" rating by Canaccord Genuity. They are also projecting the Low EPS estimate of $0.36 and the High EPS estimate of $0.89. The profit will be $273.39M for NFLX if $0.63 EPS becomes true. Netflix's revenue for the quarter was up 32.6% compared to the same quarter last year. sell-side analysts expect that Netflix will post 2.73 earnings per share for the current year.
Past 5 years growth of NFLX observed at 37.10%, and for the next five years the analysts that follow this company is expecting its growth at 70.75%. RBC Capital Markets has "Buy" rating and $250.0 target. 61% are bullish. 49 are the (NASDAQ:NFLX)'s analyst reports since October 16, 2017 according to StockzIntelligence Inc. Loop Capital increased their price objective on Netflix from $237.00 to $241.00 and gave the company a buy rating in a research note on Tuesday, January 2nd. At the time of writing, the 14-day ADX for Netflix, Inc.
Buckingham Research has a Neutral rating with a $277 target. The firm has "Neutral" rating given on Tuesday, October 18 by Robert W. Baird. (NASDAQ:NFLX) on Tuesday, February 13. JP Morgan maintained Netflix, Inc.