Macquarie Seems to Have Gained Confidence In Netflix (NASDAQ:NFLX), Upgrades Stocks

April 21, 2018 - By Adrian Erickson

Netflix, Inc. (NASDAQ:NFLX) Logo

Investors sentiment increased to 1.31 in 2017 Q4. Its up 0.19, from 1.12 in 2017Q3. It improved, as 53 investors sold Netflix, Inc. shares while 244 reduced holdings. 107 funds opened positions while 281 raised stakes. 344.43 million shares or 3.28% less from 356.10 million shares in 2017Q3 were reported.

Robeco Institutional Asset Management Bv has 0.21% invested in Netflix, Inc. (NASDAQ:NFLX) for 211,748 shares. Kayne Anderson Rudnick Investment Limited Company reported 0.32% stake. Apg Asset Mgmt Nv accumulated 570,231 shares. Ls Investment Advsr Ltd Company accumulated 0.09% or 7,757 shares. Reilly Financial Advsrs Limited Liability has 0.02% invested in Netflix, Inc. (NASDAQ:NFLX). 10,233 were accumulated by Hbk Sorce Advisory Limited Co. Tpg Grp (Sbs) Advsrs Inc accumulated 20,411 shares. Panagora Asset Management owns 17,986 shares or 0.01% of their US portfolio. Benchmark Cap Advisors reported 3,377 shares or 0.51% of all its holdings. Burney Communication holds 0.02% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 1,406 shares. Commercial Bank Of Nova Scotia has invested 0.06% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). 24,319 are held by Motley Fool Wealth Mngmt Ltd Liability Company. Paloma Prtnrs owns 0.02% invested in Netflix, Inc. (NASDAQ:NFLX) for 7,741 shares. Barton Investment Management invested 26.73% in Netflix, Inc. (NASDAQ:NFLX). Scotia Cap reported 0.04% of its portfolio in Netflix, Inc. (NASDAQ:NFLX).

Since October 23, 2017, it had 0 buys, and 33 selling transactions for $139.31 million activity. KILGORE LESLIE J sold $562,716 worth of Netflix, Inc. (NASDAQ:NFLX) on Tuesday, January 23. SARANDOS THEODORE A sold $43.05M worth of stock. The insider HASTINGS REED sold 75,271 shares worth $23.86 million. 700 shares valued at $195,822 were sold by BARTON RICHARD N on Tuesday, February 20. WELLS DAVID B had sold 1,000 shares worth $191,200. FRIEDLAND JONATHAN had sold 2,743 shares worth $563,938 on Wednesday, January 3.

Netflix (NASDAQ:NFLX) Stock Upgrade

Macquarie upgraded shares of Netflix (NASDAQ:NFLX) to a Buy rating in an analyst note revealed to investors on Tuesday morning. The financial company currently has a $220.0 target on shares.

Investors sentiment increased to 1.31 in 2017 Q4. Its up 0.19, from 1.12 in 2017Q3. It improved, as 53 investors sold Netflix, Inc. shares while 244 reduced holdings. 107 funds opened positions while 281 raised stakes. 344.43 million shares or 3.28% less from 356.10 million shares in 2017Q3 were reported.

Robeco Institutional Asset Management Bv has 0.21% invested in Netflix, Inc. (NASDAQ:NFLX) for 211,748 shares. Kayne Anderson Rudnick Investment Limited Company reported 0.32% stake. Apg Asset Mgmt Nv accumulated 570,231 shares. Ls Investment Advsr Ltd Company accumulated 0.09% or 7,757 shares. Reilly Financial Advsrs Limited Liability has 0.02% invested in Netflix, Inc. (NASDAQ:NFLX). 10,233 were accumulated by Hbk Sorce Advisory Limited Co. Tpg Grp (Sbs) Advsrs Inc accumulated 20,411 shares. Panagora Asset Management owns 17,986 shares or 0.01% of their US portfolio. Benchmark Cap Advisors reported 3,377 shares or 0.51% of all its holdings. Burney Communication holds 0.02% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 1,406 shares. Commercial Bank Of Nova Scotia has invested 0.06% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). 24,319 are held by Motley Fool Wealth Mngmt Ltd Liability Company. Paloma Prtnrs owns 0.02% invested in Netflix, Inc. (NASDAQ:NFLX) for 7,741 shares. Barton Investment Management invested 26.73% in Netflix, Inc. (NASDAQ:NFLX). Scotia Cap reported 0.04% of its portfolio in Netflix, Inc. (NASDAQ:NFLX).

Since October 23, 2017, it had 0 buys, and 33 selling transactions for $139.31 million activity. KILGORE LESLIE J sold $562,716 worth of Netflix, Inc. (NASDAQ:NFLX) on Tuesday, January 23. SARANDOS THEODORE A sold $43.05M worth of stock. The insider HASTINGS REED sold 75,271 shares worth $23.86 million. 700 shares valued at $195,822 were sold by BARTON RICHARD N on Tuesday, February 20. WELLS DAVID B had sold 1,000 shares worth $191,200. FRIEDLAND JONATHAN had sold 2,743 shares worth $563,938 on Wednesday, January 3.

Netflix, Inc. (NASDAQ:NFLX) Ratings Coverage

Among 34 analysts covering Netflix (NASDAQ:NFLX), 22 have Buy rating, 1 Sell and 11 Hold. Therefore 65% are positive. Netflix has $385 highest and $93.0 lowest target. $311.78’s average target is -4.88% below currents $327.77 stock price. Netflix had 62 analyst reports since October 26, 2017 according to SRatingsIntel. The rating was maintained by Cowen & Co on Friday, January 19 with “Buy”. The firm has “Buy” rating given on Monday, April 9 by J.P. Morgan. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Hold” rating given on Monday, April 2 by Robert W. Baird. RBC Capital Markets maintained the shares of NFLX in report on Thursday, March 15 with “Buy” rating. On Friday, March 9 the stock rating was maintained by Piper Jaffray with “Buy”. On Monday, March 5 the stock rating was maintained by UBS with “Buy”. Wedbush maintained Netflix, Inc. (NASDAQ:NFLX) rating on Wednesday, January 17. Wedbush has “Sell” rating and $93.0 target. The firm earned “Buy” rating on Tuesday, January 9 by Bank of America. The stock has “Buy” rating by Cowen & Co on Wednesday, April 11. On Monday, April 16 the stock rating was maintained by Jefferies with “Hold”.

The stock decreased 1.48% or $4.93 during the last trading session, reaching $327.77. About 8.84M shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since April 21, 2017 and is uptrending. It has outperformed by 97.18% the S&P500.

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 $142.24 billion. It operates in three divisions: Domestic Streaming, International Streaming, and Domestic DVD. It has a 262.22 P/E ratio. The firm offers TV shows and movies, including original series, documentaries, and feature films.

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

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