Weatherly Asset Management Decreased Its Netflix INC (NFLX) Stake

June 27, 2018 - By Jeanette Garcia

Netflix, Inc. (NASDAQ:NFLX) Corporate LogoBig Money Sentiment decreased to 1.23 in 2018 Q1. It has change of 0.08, from 2017Q4’s 1.31. The ratio turned negative due to NFLX positioning: 47 sold and 310 reduced. 156 funds bought holdings and 283 increased holdings. Investors holded 344.43 million in 2017Q4 but now own 329.43 million shares or 4.36% less. Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys owns 38,830 shs or 0.16% of their US capital. Baker Avenue Asset Mngmt Ltd Partnership reported 0.02% of its capital in Netflix, Inc. (NASDAQ:NFLX). Mogy Joel R Inv Counsel Incorporated owns 10,101 shs. Mckinley Mngmt Limited Liability Co Delaware stated it has 0.32% in Netflix, Inc. (NASDAQ:NFLX). Northrock Ltd Limited Liability Company holds 0.11% of its capital in Netflix, Inc. (NASDAQ:NFLX) for 1,149 shs. Etrade Management Llc stated it has 0.08% of its capital in Netflix, Inc. (NASDAQ:NFLX). Amalgamated Bancshares holds 0.47% or 60,482 shs in its capital. Canada Pension Plan Inv Board, Ontario – Canada-based fund reported 243,434 shs. Weik Capital stated it has 1,350 shs or 0.19% of all its holdings. Dowling Yahnke Ltd Liability Corporation accumulated 0.19% or 7,040 shs. Noven Fincl Grp Incorporated has 0.13% invested in Netflix, Inc. (NASDAQ:NFLX) for 792 shs. Sandy Spring Bank & Trust holds 1,520 shs. 1,500 are owned by Quinn Opportunity Prtnrs Ltd Company. M Hldgs Securities has invested 0.09% in Netflix, Inc. (NASDAQ:NFLX). Loring Wolcott And Coolidge Fiduciary Advsr Limited Liability Partnership Ma reported 2,475 shs.

NFLX registered $233.57 million net activity with 0 insider buys and 56 insider sales since January 3, 2018. Peters Gregory K sold $2.48 million worth of Netflix, Inc. (NASDAQ:NFLX) or 8,274 shs on Thursday, March 1. BARTON RICHARD N sold $195,822 worth of stock or 700 shs. HASTINGS REED had sold 63,889 shs worth $18.02 million on Tuesday, February 20. 5,126 shs were sold by FRIEDLAND JONATHAN, worth $1.31M on Tuesday, January 23. 10,716 Netflix, Inc. (NASDAQ:NFLX) shs with value of $2.77 million were sold by BATTLE A GEORGE. $421,892 worth of stock was sold by KILGORE LESLIE J on Friday, June 15.

In 2018Q1 Securities and Exchange filling is reported Weatherly Asset Management’s stake in Netflix Inc (NFLX) which was reduced by 10.35%. By selling 11,620 shares Weatherly Asset Management made the stock popped up with 19.42%. The consumer services company reported $29.73 million value for the 2018Q1. Now the institutional investor is holding 100,663 shares, compared to the 112,283 from the previous quarter. Weatherly Asset Management has risen its stake in and also increased its holding in by shares in the quarter, for a total of shares.

Netflix, Inc. (NASDAQ:NFLX)’s earnings report is expected on July, 16., as reported by Faxor. Analysts forecast 433.33 % diference or $0.80 from the $0.15 EPS from 2017. In case of $0.80 earnings per share NFLX’s profit could hit $347.75 million. 25.00 % EPS growth is what Wall Street’s predicts after $0.64 reported EPS previous quarter.

For more Netflix, Inc. (NASDAQ:NFLX) news released briefly go to: Fool.com, Benzinga.com, Seekingalpha.com, Investorplace.com or Fool.com. The titles are as follows: “Why Netflix, Micron Technology, and US Steel Slumped Today” released on June 25, 2018, “Goldman Sachs Raises Netflix Price Target To $490, Projects Positive Cash Flow By 2022” on June 13, 2018, “Apple Pie And Harley-Davidson” with a publish date: June 27, 2018, “Can Netflix Hit $500?” and the last “These Analysts Are Bullish on Netflix Ahead of Earnings. Should You Follow?” with publication date: June 24, 2018.

Netflix, Inc. (NASDAQ:NFLX) Ratings Coverage

Total analysts of 35 have positions in Netflix (NASDAQ:NFLX) as follows: 24 rated it a “Buy”, 1 with “Sell” and 10 with “Hold”. The positive are 69%. The firm has $503 highest while $93.0 is the lowest price target. The average target $337.36 is -17.09% below the last ($406.92) price. Since January 2, 2018 according to StockzIntelligence Inc Netflix has 65 analyst reports. On Tuesday, January 23 the stock of Netflix, Inc. (NASDAQ:NFLX) has “Hold” rating given by Credit Suisse. On Monday, January 22 the stock has “Buy” rating by Canaccord Genuity. The company rating was maintained by Wedbush on Wednesday, January 17. In Wednesday, January 17 report UBS maintained it with “Buy” rating and $250.0 target. On Tuesday, January 23 the rating was maintained by Piper Jaffray with “Buy”. The company rating was maintained by Bernstein on Friday, March 9. On Tuesday, April 17 the firm earned “Buy” rating by Bank of America. On Monday, April 9 the firm has “Buy” rating given by J.P. Morgan. On Tuesday, April 17 the rating was maintained by Wedbush with “Underperform”. On Tuesday, April 17 Credit Suisse maintained Netflix, Inc. (NASDAQ:NFLX) rating. Credit Suisse has “Hold” rating and $33000 target.

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

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