Netflix, Inc. (NFLX) Holdings Boosted by UBS Asset Management Americas Inc.

UBS Asset Management Americas Inc. raised its stake in Netflix, Inc. (NASDAQ:NFLX) by 4.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,105,457 shares of the Internet television network’s stock after purchasing an additional 48,917 shares during the period. UBS Asset Management Americas Inc. owned 0.26% of Netflix worth $165,166,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Vanguard Group Inc. increased its stake in Netflix by 3.5% in the first quarter. Vanguard Group Inc. now owns 27,161,082 shares of the Internet television network’s stock valued at $4,014,680,000 after purchasing an additional 921,283 shares during the last quarter. BlackRock Inc. increased its stake in Netflix by 1.7% in the second quarter. BlackRock Inc. now owns 25,663,728 shares of the Internet television network’s stock valued at $3,834,416,000 after purchasing an additional 423,968 shares during the last quarter. FMR LLC increased its stake in Netflix by 6.6% in the first quarter. FMR LLC now owns 21,027,506 shares of the Internet television network’s stock valued at $3,108,076,000 after purchasing an additional 1,305,294 shares during the last quarter. State Street Corp increased its stake in Netflix by 2.7% in the first quarter. State Street Corp now owns 17,535,737 shares of the Internet television network’s stock valued at $2,591,946,000 after purchasing an additional 463,143 shares during the last quarter. Finally, Jennison Associates LLC increased its stake in Netflix by 14.0% in the second quarter. Jennison Associates LLC now owns 14,784,089 shares of the Internet television network’s stock valued at $2,208,891,000 after purchasing an additional 1,814,056 shares during the last quarter. Institutional investors own 81.03% of the company’s stock.

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Netflix, Inc. (NASDAQ:NFLX) traded up 0.32% during trading on Tuesday, reaching $185.22. The company had a trading volume of 2,228,257 shares. Netflix, Inc. has a 12 month low of $93.26 and a 12 month high of $191.50. The stock has a 50 day moving average of $175.16 and a 200-day moving average of $159.72. The company has a market capitalization of $79.97 billion, a P/E ratio of 225.33 and a beta of 1.05.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Monday, July 17th. The Internet television network reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.01). The company had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Netflix had a return on equity of 12.82% and a net margin of 3.55%. The business’s revenue was up 32.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.09 EPS. Equities research analysts expect that Netflix, Inc. will post $1.19 EPS for the current fiscal year.

NFLX has been the topic of several recent analyst reports. Jefferies Group LLC reiterated a “hold” rating and issued a $141.00 price target on shares of Netflix in a research note on Monday, May 22nd. Loop Capital reiterated a “buy” rating and issued a $180.00 price target (up from $172.00) on shares of Netflix in a research note on Tuesday, May 23rd. Piper Jaffray Companies increased their price target on shares of Netflix from $166.00 to $190.00 and gave the company an “overweight” rating in a research note on Thursday, May 25th. Canaccord Genuity reiterated a “buy” rating and issued a $165.00 price target on shares of Netflix in a research note on Thursday, May 25th. Finally, William Blair reiterated an “outperform” rating on shares of Netflix in a research note on Thursday, May 25th. Three research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty-seven have given a buy rating to the company. Netflix currently has an average rating of “Buy” and a consensus target price of $178.64.

In other news, Director Richard N. Barton sold 1,000 shares of the company’s stock in a transaction dated Tuesday, June 27th. The stock was sold at an average price of $156.62, for a total transaction of $156,620.00. Following the completion of the sale, the director now owns 8,012 shares in the company, valued at approximately $1,254,839.44. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Gregory K. Peters sold 12,768 shares of the company’s stock in a transaction dated Tuesday, July 18th. The stock was sold at an average price of $177.38, for a total value of $2,264,787.84. Following the sale, the insider now owns 19,208 shares of the company’s stock, valued at approximately $3,407,115.04. The disclosure for this sale can be found here. In the last quarter, insiders have sold 233,858 shares of company stock valued at $41,580,973. 4.90% of the stock is currently owned by corporate insiders.

Netflix Profile

Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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