Netflix's (NASDAQ:NFLX) "Buy" Rating Reaffirmed at Atlantic Securities

by Frankie Norman April 14, 2018, 11:33
Netflix's (NASDAQ:NFLX)

It has change of 0.19, from 2017Q3's 1.12. It is positive, as 53 investors sold NFLX shares while 244 reduced holdings. 281 increased holdings while 107 funds bought holdings. Buckingham Asset Management LLC now owns 2,386 shares of the Internet television network's stock worth $458,000 after buying an additional 202 shares during the last quarter.

Analysts are looking for the company to report that revenue during the first quarter grew by nearly 40% since past year to $3.69 billion, while earnings are expected to climb by almost 57% to $0.63 per share.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Monday, January 22nd. Axa holds 129,937 shares or 0.1% of its portfolio. 382 were reported by Farmers Merchants. New Mexico Educational Retirement Board, New Mexico-based fund reported 41,521 shs. 5,221 are owned by Oppenheimer Asset Mngmt.

Analysts have been aggressively upping their price targets on Netflix over the past few days as some see better-than-expected subscriber growth, while others see better revenue and opportunities for further price increases. (NASDAQ:NFLX) has "Hold" rating given on Friday, October 6 by Jefferies. (NASDAQ:NFLX). Summit Fincl Wealth Advsr Ltd Liability Company invested in 1,385 shares or 0.09% of the stock. (NASDAQ:NFLX). Valley Natl Advisers invested in 50 shares or 0% of the stock. Cibc Ww Markets accumulated 0.01% or 10,770 shs.

NFLX registered $156.29 million net activity with 0 insider buys and 36 sales since October 11, 2017. (NASDAQ:NFLX) for 20,308 shs. Also, Director Richard N. Barton sold 1,400 shares of the firm's stock in a transaction dated Monday, December 12th.

In related news, Director Leslie J. Kilgore sold 2,373 shares of Netflix stock in a transaction dated Tuesday, January 16th.

Technology Crossover Management Vii Ltd decreased its stake in Netflix Inc. Technology Crossover Management Vii Ltd sold 500,000 shares as the company's stock rose 58.31% while stock markets declined. The consumer services company at the end of 2017Q4 was priced at $321.19 million. "Root & Company LLC Purchases New Position in Netflix (NASDAQ:NFLX)" was posted by registrarjournal.com and is the sole property of of registrarjournal.com. About 9.36 million shares traded. Lost in Space is Netflix's latest hit show, and there's a new Google Home game to go with it. It has outperformed by 97.18% the S&P500. Cambridge Investment Research Advisors Inc. now owns 46,013 shares of the Internet television network's stock worth $8,833,000 after buying an additional 1,801 shares during the period. On average, analysts predict that Netflix, Inc. will post $1.12 EPS for the current fiscal year. (NASDAQ:NFLX) to report earnings on April, 16. During the same period previous year, the firm posted $0.10 EPS. NFLX's profit will be $273.39 million for 122.72 P/E if the $0.63 EPS becomes a reality.

Among 31 analysts covering Netflix (NASDAQ:NFLX), 19 have Buy rating, 1 Sell and 11 Hold. Therefore 68% are positive. Netflix has a twelve month low of $138.66 and a twelve month high of $333.98. SunTrust Banks set a $270.00 target price on Netflix and gave the stock a "hold" rating in a research report on Wednesday, February 14th. Netflix had 237 analyst reports since August 4, 2015 according to SRatingsIntel. New York-based Atika Cap Limited Liability has invested 2.45% in Netflix, Inc. FRIEDLAND JONATHAN had sold 5,126 shs worth $1.31 million on Tuesday, January 23. On Wednesday, August 23 the stock rating was maintained by KeyBanc Capital Markets with "Buy". Bernstein maintained the shares of NFLX in report on Friday, March 9 with "Buy" rating. Fulton Bankshares Na has invested 0.05% in Netflix, Inc. (NASDAQ:NFLX). Duncker Streett Inc owns 625 shs for 0.03% of their capital. Loop Capital maintained the shares of NFLX in report on Tuesday, October 17 with "Buy" rating.


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