Netflix Inc (NASDAQ:NFLX) Sentiment Up, Because

April 26, 2018 - By Stephen Andrade

Netflix, Inc. (NASDAQ:NFLX) Logo

Sentiment for Netflix Inc (NASDAQ:NFLX)

Netflix Inc (NASDAQ:NFLX) institutional sentiment increased to 1.31 in Q4 2017. Its up 0.19, from 1.12 in 2017Q3. The ratio has increased, as 388 hedge funds started new or increased equity positions, while 297 sold and reduced holdings in Netflix Inc. The hedge funds in our partner’s database now possess: 344.43 million shares, down from 356.10 million shares in 2017Q3. Also, the number of hedge funds holding Netflix Inc in their top 10 equity positions decreased from 32 to 29 for a decrease of 3. Sold All: 53 Reduced: 244 Increased: 281 New Position: 107.

Netflix, Inc., an Internet television network, engages in the Internet delivery of television shows and movies on various Internet-connected screens. The company has market cap of $136.16 billion. It operates in three divisions: Domestic Streaming, International Streaming, and Domestic DVD. It has a 250.6 P/E ratio. The firm offers TV shows and movies, including original series, documentaries, and feature films.

The stock increased 2.45% or $7.49 during the last trading session, reaching $313.25. About 7.32M shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since April 26, 2017 and is uptrending. It has outperformed by 97.18% the S&P500.

Srs Investment Management Llc holds 40.24% of its portfolio in Netflix, Inc. for 8.07 million shares. Barton Investment Management owns 634,309 shares or 26.73% of their US portfolio. Moreover, Technology Crossover Management Vii Ltd. has 26.31% invested in the company for 4.54 million shares. The Hong Kong-based Tybourne Capital Management Hk Ltd has invested 20.62% in the stock. Hillman Co, a Pennsylvania-based fund reported 275,316 shares.

Since January 1, 0001, it had 0 insider purchases, and 35 sales for $164.07 million activity.

Netflix, Inc. (NASDAQ:NFLX) Ratings Coverage

Ratings analysis reveals 65% of Netflix’s analysts are positive. Out of 34 Wall Street analysts rating Netflix, 22 give it “Buy”, 1 “Sell” rating, while 11 recommend “Hold”. The lowest target is $93.0 while the high is $385. The stock’s average target of $311.78 is -0.47% below today’s ($313.25) share price. NFLX was included in 61 notes of analysts from November 22, 2017. The stock has “Hold” rating by Jefferies on Tuesday, January 23. The firm earned “Buy” rating on Thursday, February 15 by GBH Insights. BTIG Research maintained Netflix, Inc. (NASDAQ:NFLX) on Wednesday, January 24 with “Buy” rating. The firm has “Neutral” rating given on Tuesday, April 17 by Robert W. Baird. Jefferies maintained the shares of NFLX in report on Monday, April 16 with “Hold” rating. As per Tuesday, April 10, the company rating was maintained by Raymond James. Piper Jaffray maintained it with “Buy” rating and $36700 target in Tuesday, April 17 report. The firm earned “Buy” rating on Friday, April 13 by Wells Fargo. UBS maintained it with “Buy” rating and $34500 target in Thursday, April 12 report. Raymond James maintained Netflix, Inc. (NASDAQ:NFLX) on Tuesday, January 16 with “Buy” rating.

Netflix, Inc. (NASDAQ:NFLX) Institutional Positions Chart

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