Are Hedge Funds Betting Against Netflix, Inc. (NFLX)?

Marco Green
September 13, 2017

The Murphy Capital Management Inc holds 11,137 shares with $624,000 value, down from 20,671 last quarter. Computer Sciences Corp now has $ valuation.

Analysts look for public financial statements, listen in on conference calls and talk to managers and customers of a company in order to reach an opinion and communicate the value of a stock. 1,601,121 shares of the company traded hands.

Murphy Capital Management Inc decreased Reynolds American (RAI) stake by 46.12% reported in 2016Q4 SEC filing. 6,167 Netflix, Inc. (NASDAQ:NFLX) shares with value of $969,144 were sold by Peters Gregory K. HASTINGS REED had sold 89,502 shares worth $13.04M. Brookfield Asset Mgmt Inc now has $39.25B valuation. Centre Asset Management Limited Liability Company invested in 64,340 shares or 1.54% of the stock. About 561 shares traded.

Netflix (NASDAQ:NFLX) previously issued its periodic earnings reports on early Mon, Jul 17th. It has outperformed by 58.64% the S&P500. Hedge funds and other institutional investors own 81.05% of the company's stock. Three investment analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and twenty-seven have issued a buy rating to the company's stock. Therefore 67% are positive. The firm has "Hold" rating by Evercore given on Monday, February 8. (NASDAQ:NFLX) on Monday, October 10 with "Sell" rating. The stock was sold at an average price of $174.44, for a total transaction of $348,880.00. The firm has "Buy" rating given on Friday, August 4 by Jefferies. The rating was upgraded by Goldman Sachs on Monday, June 26 to "Neutral". The rating was downgraded by Jefferies to "Underperform" on Tuesday, January 12.

Investors sentiment decreased to 1.22 in Q4 2016. The stock decreased 1.24% or $0.65 during the last trading session, reaching $51.91. The shares were sold at an average price of $152.63, for a total transaction of $17,640,517.51. The recent change has given its price a 6.44% lead over SMA 50 and -5.1% deficit over its 52-week high. Axa reported 82,500 shares stake. Willingdon Wealth Management has 34,352 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 27,891 shares. Susquehanna Interest Gp Ltd Liability Partnership holds 44,000 shares. Stratos Wealth Prtn invested 0.06% in Netflix, Inc. Hbk Sorce Advisory Limited Liability stated it has 0.14% in PPL Corp (NYSE:PPL). Capital Impact Advsr Ltd Liability accumulated 15,076 shares. Ruggie Group holds 0.02% or 140 shares in its portfolio. Citigroup invested 0% in DXC Technology Co (NYSE:CSC). Tiaa Cref Inv Mngmt Llc, New York-based fund reported 2.75M shares. Amalgamated Natl Bank reported 8,966 shares. It also reduced Spdr Index Shs Fds (DWX) stake by 230,009 shares and now owns 42,006 shares. Apple Inc (NASDAQ:AAPL) was reduced too.

Since March 15, 2017, it had 0 insider buys, and 15 insider sales for $45.31 million activity.

Shares of Netflix, Inc. The stock of Netflix, Inc. (NASDAQ:NFLX). Westpac Bk reported 0% stake. HUNT NEIL D sold $1.47 million worth of stock. It is down 0.00% since September 12, 2016 and is. SRS Capital Advisors Inc. grew its position in Netflix by 3,361.9% during the first quarter. You can get a sense of how sustainable that is by a levered free cash flow of $-2.1 Billion over the past twelve months. Vetr upgraded shares of Netflix from a "sell" rating to a "hold" rating and set a $158.60 price target on the stock in a research note on Monday, May 15th. Therefore 29% are positive. Netflix had 167 analyst reports since August 4, 2015 according to SRatingsIntel. The company was initiated on Thursday, January 14 by Drexel Hamilton. FBR Capital maintained it with "Mkt Perform" rating and $100 target in Tuesday, October 18 report. The firm has "Buy" rating by Nomura given on Tuesday, October 18. The rating was maintained by Barclays Capital with "Overweight" on Wednesday, September 30. The rating was maintained by Macquarie Research with "Neutral" on Tuesday, July 19. The company was maintained on Tuesday, July 19 by JP Morgan. The company was upgraded on Thursday, August 25 by William Blair.

Investors sentiment increased to 0.96 in Q4 2016. Its up 0.01, from 0.92 in 2016Q3. It dropped, as 55 investors sold NFLX shares while 228 reduced holdings. Credit Suisse Ag owns 0.08% invested in Netflix, Inc. (NASDAQ:NFLX). Assetmark reported 1,165 shares. Moreover, California State Teachers Retirement has 0.21% invested in Netflix, Inc. (NASDAQ:NFLX) for 3,050 shares. Mig Capital Ltd Llc holds 232,000 shares. Acadian Asset Mgmt has 0% invested in Malvern Bancorp, Inc. The Internet television network reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.02. Prudential Financial invested 0.22% of its portfolio in Netflix, Inc.

Chemical Bank holds 10.19% of its portfolio in Dow Chemical Co for 1.56 million shares. Boothbay Fund Management Llc invested 0.33% in Netflix, Inc. Finally, Harfst & Associates Inc. bought a new stake in Netflix during the first quarter valued at approximately $109,000. (NASDAQ:NFLX) or 699,928 shares. The portion of a company's profit allocated to each outstanding share of common stock was $3.79 a share in the trailing twelve months.

Netflix, Inc. has a beta of 0.32, offering the possibility of a higher rate of return, but also posing more risk. (NASDAQ:NFLX). Truepoint has invested 0.04% of its portfolio in Netflix, Inc.

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