Valued Wealth Advisors LLC Has $70,000 Stock Holdings in Netflix, Inc. (NASDAQ:NFLX)

Valued Wealth Advisors LLC grew its position in Netflix, Inc. (NASDAQ:NFLX) by 44.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 98 shares of the Internet television network’s stock after purchasing an additional 30 shares during the quarter. Valued Wealth Advisors LLC’s holdings in Netflix were worth $70,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of NFLX. DigitalBridge Group Inc. increased its stake in shares of Netflix by 35.5% in the 2nd quarter. DigitalBridge Group Inc. now owns 36,063 shares of the Internet television network’s stock valued at $24,338,000 after acquiring an additional 9,451 shares in the last quarter. M&G Plc acquired a new position in shares of Netflix during the first quarter valued at about $9,682,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its position in shares of Netflix by 58.2% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 82,931 shares of the Internet television network’s stock worth $55,968,000 after purchasing an additional 30,511 shares in the last quarter. Forsta AP Fonden grew its stake in shares of Netflix by 7.7% in the 3rd quarter. Forsta AP Fonden now owns 121,400 shares of the Internet television network’s stock valued at $86,105,000 after buying an additional 8,700 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in Netflix by 13.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 60,721 shares of the Internet television network’s stock valued at $36,878,000 after buying an additional 7,406 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have commented on NFLX. Wells Fargo & Company raised their price objective on Netflix from $758.00 to $797.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Guggenheim boosted their price target on shares of Netflix from $810.00 to $825.00 and gave the company a “buy” rating in a research note on Tuesday. JPMorgan Chase & Co. raised their price objective on shares of Netflix from $750.00 to $850.00 and gave the company an “overweight” rating in a research note on Friday, October 18th. Wedbush boosted their target price on shares of Netflix from $725.00 to $775.00 and gave the stock an “overweight” rating in a research report on Thursday, October 17th. Finally, TD Cowen raised their price target on shares of Netflix from $820.00 to $835.00 and gave the company a “buy” rating in a research report on Friday, October 18th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-five have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $748.15.

Insiders Place Their Bets

In other Netflix news, Director Richard N. Barton sold 5,698 shares of the stock in a transaction on Friday, October 25th. The shares were sold at an average price of $756.00, for a total transaction of $4,307,688.00. Following the completion of the sale, the director now owns 246 shares of the company’s stock, valued at $185,976. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other Netflix news, CEO Gregory K. Peters sold 1,278 shares of the firm’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of $614.44, for a total transaction of $785,254.32. Following the completion of the transaction, the chief executive officer now owns 13,090 shares of the company’s stock, valued at approximately $8,043,019.60. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Richard N. Barton sold 5,698 shares of the business’s stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $756.00, for a total transaction of $4,307,688.00. Following the sale, the director now directly owns 246 shares in the company, valued at $185,976. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 209,810 shares of company stock valued at $142,049,542. 1.76% of the stock is currently owned by corporate insiders.

Netflix Price Performance

Shares of NASDAQ NFLX traded down $1.68 during midday trading on Friday, hitting $754.35. 300,336 shares of the company’s stock were exchanged, compared to its average volume of 3,688,465. The business’s fifty day moving average price is $711.57 and its two-hundred day moving average price is $662.98. The company has a market cap of $322.45 billion, a price-to-earnings ratio of 42.79, a PEG ratio of 1.45 and a beta of 1.26. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 0.62. Netflix, Inc. has a 12-month low of $417.10 and a 12-month high of $773.00.

About Netflix

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.