Gilder Gagnon Howe & Co LLC Has Cut Its Netflix Com INC Com (NFLX) Holding by $46.44 Million

September 12, 2017 - By Adrian Mccoy

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.15, from 0.95 in 2016Q3. It is positive, as 55 investors sold NFLX shares while 228 reduced holdings. 120 funds opened positions while 190 raised stakes. 348.22 million shares or 3.27% more from 337.19 million shares in 2016Q3 were reported. Louisiana State Employees Retirement holds 0.17% or 27,000 shares. Cornerstone Capital Mngmt Hldg Lc holds 0.08% in Netflix, Inc. (NASDAQ:NFLX) or 80,537 shares. Strs Ohio invested in 241,052 shares. Airain Limited stated it has 121,261 shares or 1.21% of all its holdings. Schwab Charles Inv Mngmt accumulated 1.23 million shares. Moody Savings Bank Tru Division owns 3,430 shares. Highland Capital Management Limited Co has invested 0.09% in Netflix, Inc. (NASDAQ:NFLX). Sg Americas Securities Limited Liability Corp holds 0.13% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 120,486 shares. Adell Harriman And Carpenter Inc holds 0% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 17,970 shares. Advisor Prtnrs Lc has 0.32% invested in Netflix, Inc. (NASDAQ:NFLX). Brown Advisory Ltd Llc owns 5,600 shares for 0.19% of their portfolio. Motley Fool Wealth Mngmt Ltd Liability invested 0.4% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Robeco Institutional Asset Management Bv holds 0.23% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 238,231 shares. Hanson Mcclain Inc reported 0.01% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Moreover, Light Street Capital Management Ltd has 3.93% invested in Netflix, Inc. (NASDAQ:NFLX) for 232,067 shares.

Since March 15, 2017, it had 0 buys, and 15 insider sales for $45.31 million activity. Shares for $1.13M were sold by Peters Gregory K on Tuesday, May 30. Shares for $1.47 million were sold by HUNT NEIL D. 2,000 shares were sold by BARTON RICHARD N, worth $315,610 on Monday, May 22. $13.04M worth of stock was sold by HASTINGS REED on Monday, March 20. CRANZ TAWNI sold 2,135 shares worth $312,756.

Gilder Gagnon Howe & Co Llc decreased its stake in Netflix Com Inc Com (NFLX) by 10.97% based on its latest 2016Q4 regulatory filing with the SEC. Gilder Gagnon Howe & Co Llc sold 377,557 shares as the company’s stock rose 10.41% with the market. The institutional investor held 3.06 million shares of the consumer services company at the end of 2016Q4, valued at $379.24M, down from 3.44M at the end of the previous reported quarter. Gilder Gagnon Howe & Co Llc who had been investing in Netflix Com Inc Com for a number of months, seems to be less bullish one the $78.82 billion market cap company. The stock rose 0.45% or $0.81 reaching $182.55. About 1.41 million shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since September 12, 2016 and is uptrending. It has outperformed by 58.64% the S&P500.

Gilder Gagnon Howe & Co Llc, which manages about $6.26B and $5.07B US Long portfolio, upped its stake in Acacia Communications Inc Com by 800,097 shares to 948,131 shares, valued at $58.55 million in 2016Q4, according to the filing. It also increased its holding in Pdf Solutions Inc (NASDAQ:PDFS) by 1.31 million shares in the quarter, for a total of 1.53M shares, and has risen its stake in Adobe Sys Inc (NASDAQ:ADBE).

More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: Seekingalpha.com which released: “Could Netflix Be In Trouble?” on August 23, 2017, also Reuters.com with their article: “T-Mobile US to offer free Netflix with family plan” published on September 06, 2017, Fool.com published: “A Close Look at Netflix, Inc.’s Massive Content Budget” on August 31, 2017. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: Seekingalpha.com and their article: “Why Netflix Will Be King” published on September 11, 2017 as well as Fool.com‘s news article titled: “Better Buy: Charter Communications Inc. vs. Netflix Inc.” with publication date: August 21, 2017.

Netflix, Inc. (NASDAQ:NFLX) Ratings Coverage

Among 49 analysts covering Netflix (NASDAQ:NFLX), 34 have Buy rating, 2 Sell and 13 Hold. Therefore 69% are positive. Netflix had 167 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Buy” rating by Cantor Fitzgerald on Tuesday, June 6. Evercore upgraded Netflix, Inc. (NASDAQ:NFLX) on Tuesday, December 6 to “Hold” rating. Vetr upgraded the stock to “Hold” rating in Tuesday, September 1 report. The rating was maintained by S&P Research with “Buy” on Tuesday, August 25. The firm earned “Overweight” rating on Tuesday, July 19 by Pacific Crest. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Buy” rating given on Tuesday, October 18 by Pivotal Research. The firm has “Buy” rating by Wunderlich given on Friday, August 28. The stock has “Outperform” rating by William Blair on Thursday, August 25. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Buy” rating by Topeka Capital Markets on Monday, August 10. As per Tuesday, July 19, the company rating was maintained by JP Morgan.

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