'WE WERE WRONG:' Netflix pops after Deutsche Bank upgrades the stock (NFLX)

Lawrence Kim
April 16, 2018

James Hambro & Partners purchased a new stake in shares of Netflix during the fourth quarter valued at $106,000. Quadrant Capital Group LLC raised its stake in shares of Netflix by 3.6% in the third quarter. Capstone Investment Llc owns 0.01% invested in Netflix, Inc. The stock's price is 311.65 and their relative strength index (RSI) stands at 58.53. The Texas-based Usca Ria Llc has invested 0.1% in Netflix, Inc. NFLX outperformed the S&P 500 by 97.18%.

Among 5 analysts covering Granite Oil (TSE:GXO), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 68% are positive. Granite Oil had 22 analyst reports since July 21, 2015 according to SRatingsIntel. The stock presently has an average rating of Buy and an average price target of $268.57. The rating was maintained by Guggenheim on Tuesday, January 23 with "Buy".

Since October 11, 2017, it had 0 insider buys, and 34 selling transactions for $155.38 million activity. 11,264 shares valued at $3.01M were sold by HOAG JAY C on Wednesday, January 31. (NASDAQ:NFLX)'s stock has been 59.86% and 116.68% for the last 12 months. HASTINGS REED also sold $23.86M worth of Netflix, Inc. (NASDAQ:NFLX) are 62.35% since the start of 2016. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since April 16, 2017 and is uptrending. (NASDAQ:NFLX) on Thursday, February 8. (NASDAQ:NFLX)'s stock as a Buy in a research note published on Wednesday, April 11th, 2018 and posted a $350 price target on the common stock of Netflix, Inc. BMO Capital Markets maintained it with "Hold" rating and $15000 target in Thursday, July 13 report. As per Tuesday, July 19, the company rating was maintained by BTIG Research. 49 are the (NASDAQ:NFLX)'s analyst reports since October 16, 2017 according to StockzIntelligence Inc. (NASDAQ:NFLX) on Friday, June 16 with "Buy" rating. It indicates oversold and overbought price levels for a stock. (NASDAQ:NFLX) for 1,328 shs. Morgan Stanley maintained it with "Overweight" rating and $135.0 target in Monday, October 12 report. Jefferies maintained the shares of NFLX in report on Monday, July 17 with "Hold" rating. (NASDAQ:NFLX) has "Buy" rating given on Tuesday, January 23 by UBS. RBC Capital Markets has "Buy" rating and $250.0 target. As per Tuesday, July 18, the company rating was maintained by Wedbush.

During 2017 Q4 the big money sentiment increased to 1.31.

As of now, Marathon Oil Corporation has a P/S, P/E and P/B values of 3.39, 0 and 1.32 respectively. That suggests something of the likelihood of a short squeeze in shares of NFLX. 281 grew holdings while 107 funds bought holdings. Finally, BidaskClub lowered shares of Netflix from a buy rating to a hold rating in a report on Saturday, December 2nd. Massachusetts Fincl Services Ma owns 2.51M shares. Baxter Bros reported 0.07% stake. Lazard Asset Management Ltd Limited Liability Company holds 40 shares or 0% of its portfolio.

Investors are constantly attempting to find the next great stock to own.

Institutional Ownership/ Insider Ownership: Netflix, Inc. institutional ownership is held at 83.4% while insider ownership was 1.81%. Teewinot Advisers Ltd Liability Corp owns 158,652 shs. Ibm Retirement Fund reported 10,114 shares or 0.36% of all its holdings. Vantage Invest Advisors Ltd Liability Com invested in 0.08% or 1,781 shares. 3,388 are held by Girard Limited. Whittier Trust invested in 0% or 280 shares. It also reduced Halliburton Co (NYSE:HAL) stake by 8,000 shares and now owns 105,630 shares.

In other Netflix news, insider Jonathan Friedland sold 972 shares of the business's stock in a transaction that occurred on Tuesday, January 16th. The business's revenue for the quarter was up 32.6% on a year-over-year basis. equities analysts forecast that Netflix will post 2.73 earnings per share for the current year. NFLX's profit would be $273.39M giving it 123.67 P/E if the $0.63 EPS is correct. The Internet television network reported $0.15 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.02.

Granite Oil Corp. engages in the exploration, development, production, and exploitation of oil and natural gas in the Western Canada Sedimentary Basin in Canada. The company has a market cap of $134,198.55, a price-to-earnings ratio of 249.32, a price-to-earnings-growth ratio of 4.24 and a beta of 0.99. It owns and operates the Alberta Bakken oil pool in southern Alberta.

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