Ctc Exits Position in NETFLIX.COM INC COM (NFLX)

NETFLIX.COM INC COM (NFLX) : Ctc has sold out all of its stake in NETFLIX.COM INC COM during the most recent quarter, according to the disclosure filed by the company on Apr 21, 2016 with the SEC. The investment management company has sold out 154,199 shares of NETFLIX.COM INC COM which is valued at $14,787,684.

NETFLIX.COM INC COM closed down -1.39 points or -1.50% at $91.04 with 1,22,18,929 shares getting traded on Wednesday. Post opening the session at $92.18, the shares hit an intraday low of $90.21 and an intraday high of $92.5 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Other Hedge Funds, Including , Advisory Services Network boosted its stake in NFLX in the latest quarter, The investment management firm added 1,567 additional shares and now holds a total of 4,709 shares of NETFLIX.COM INC COM which is valued at $451,593. NETFLIX.COM INC COM makes up approx 0.12% of Advisory Services Network’s portfolio.Dnb Asset Management As boosted its stake in NFLX in the latest quarter, The investment management firm added 13,295 additional shares and now holds a total of 33,882 shares of NETFLIX.COM INC COM which is valued at $3,778,182. NETFLIX.COM INC COM makes up approx 0.08% of Dnb Asset Management As’s portfolio.Ct Financial Advisors boosted its stake in NFLX in the latest quarter, The investment management firm added 134 additional shares and now holds a total of 634 shares of NETFLIX.COM INC COM which is valued at $65,099. NETFLIX.COM INC COM makes up approx 0.04% of Ct Financial Advisors’s portfolio.

On the company’s financial health, NETFLIX.COM INC COM reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.03 according to the earnings call on Apr 18, 2016. Analyst had a consensus of $0.03. The company had revenue of $1957.70 million for the quarter, compared to analysts expectations of $1965.76 million. The company’s revenue was up 24.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.77 EPS.

Many Wall Street Analysts have commented on NETFLIX.COM INC COM. Shares were Reiterated by UBS on Apr 25, 2016 to “Buy” and Lowered the Price Target to $ 141 from a previous price target of $147 .Shares were Reiterated by Mizuho on Apr 19, 2016 to “Neutral” and Lowered the Price Target to $ 109 from a previous price target of $120 .Shares were Reiterated by Pivotal Research Group on Apr 19, 2016 to “Buy” and Lowered the Price Target to $ 145 from a previous price target of $155 .

Netflix Inc. is a provider of Internet television network. The Company has over 57 million streaming members in over 50 countries. Its members can watch more than two billion hours of television (TV) shows and movies per month including original series documentaries and feature films on Internet-connected screen. The Company has three operating segments: Domestic streaming International streaming and Domestic DVD. The Domestic and International streaming segments derive revenues from monthly membership fees for services consisting of streaming content. The Domestic DVD segment derives revenues from monthly membership fees for services consisting of DVD-by-mail. Its members can play pause and resume watching all without commercials or commitments. Additionally in the United States its members can receive DVDs to their homes. The Company offers streaming service both domestically and internationally.

Leave a Reply

NETFLIX.COM INC COM - Is it time to Sell?

Top Brokerage Firms are advising their investors on NETFLIX.COM INC COM. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.