Eads & Heald Wealth Management Has $2.38 Million Stock Holdings in Netflix, Inc. (NASDAQ:NFLX)

Eads & Heald Wealth Management boosted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 1.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,358 shares of the Internet television network’s stock after purchasing an additional 55 shares during the period. Eads & Heald Wealth Management’s holdings in Netflix were worth $2,382,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Denver PWM LLC bought a new stake in Netflix in the second quarter valued at $25,000. Proffitt & Goodson Inc. grew its holdings in shares of Netflix by 380.0% in the 2nd quarter. Proffitt & Goodson Inc. now owns 48 shares of the Internet television network’s stock worth $32,000 after purchasing an additional 38 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. increased its position in shares of Netflix by 700.0% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 48 shares of the Internet television network’s stock worth $34,000 after purchasing an additional 42 shares in the last quarter. AlphaMark Advisors LLC boosted its position in Netflix by 642.9% in the second quarter. AlphaMark Advisors LLC now owns 52 shares of the Internet television network’s stock valued at $35,000 after buying an additional 45 shares in the last quarter. Finally, Triad Wealth Partners LLC acquired a new position in Netflix in the second quarter valued at about $38,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Sanford C. Bernstein lifted their target price on shares of Netflix from $625.00 to $780.00 and gave the company a “market perform” rating in a research note on Friday, October 18th. Jefferies Financial Group lifted their price objective on Netflix from $780.00 to $800.00 and gave the company a “buy” rating in a research report on Friday, October 18th. Wolfe Research restated an “outperform” rating on shares of Netflix in a report on Friday, October 18th. Pivotal Research lifted their price target on Netflix from $900.00 to $925.00 and gave the company a “buy” rating in a report on Friday, October 18th. Finally, Canaccord Genuity Group increased their price objective on shares of Netflix from $750.00 to $760.00 and gave the stock a “hold” rating in a report on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-five have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $748.15.

Insider Activity at Netflix

In other Netflix news, CEO Gregory K. Peters sold 1,278 shares of the firm’s stock in a transaction that occurred on Tuesday, August 6th. The shares were sold at an average price of $614.44, for a total transaction of $785,254.32. Following the sale, the chief executive officer now directly owns 13,090 shares in the company, valued at approximately $8,043,019.60. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In other Netflix news, CEO Gregory K. Peters sold 1,278 shares of the stock in a transaction dated 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 in the company, valued at approximately $8,043,019.60. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider David A. Hyman sold 20,656 shares of the business’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of $605.13, for a total value of $12,499,565.28. Following the completion of the sale, the insider now owns 31,610 shares in the company, valued at approximately $19,128,159.30. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 209,810 shares of company stock worth $142,049,542. 1.76% of the stock is owned by company insiders.

Netflix Stock Up 0.0 %

Shares of Netflix stock opened at $756.10 on Friday. The company has a market capitalization of $323.20 billion, a P/E ratio of 42.79, a price-to-earnings-growth ratio of 1.45 and a beta of 1.26. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.13 and a quick ratio of 1.13. The business has a 50-day moving average of $712.96 and a two-hundred day moving average of $664.02. Netflix, Inc. has a 1 year low of $417.10 and a 1 year high of $773.00.

Netflix Profile

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.