Business

Netflix, Inc. (NFLX) Shares Bought by Cambridge Investment Research Advisors Inc.

Cambridge Investment Research Advisors Inc. grew its position in Netflix, Inc. (NASDAQ:NFLX) by 4.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,013 shares of the Internet television network’s stock after acquiring an additional 1,801 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Netflix were worth $8,833,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Balentine LLC raised its stake in shares of Netflix by 1,020.4% during the third quarter. Balentine LLC now owns 549 shares of the Internet television network’s stock worth $100,000 after purchasing an additional 500 shares during the last quarter. James Hambro & Partners purchased a new stake in shares of Netflix during the fourth quarter worth approximately $106,000. Wagner Wealth Management LLC purchased a new stake in shares of Netflix during the fourth quarter worth approximately $125,000. Duncker Streett & Co. Inc. raised its stake in shares of Netflix by 47.1% during the fourth quarter. Duncker Streett & Co. Inc. now owns 625 shares of the Internet television network’s stock worth $120,000 after purchasing an additional 200 shares during the last quarter. Finally, Crewe Advisors LLC purchased a new stake in shares of Netflix during the fourth quarter worth approximately $149,000. 81.60% of the stock is owned by institutional investors and hedge funds.

Shares of Netflix stock opened at $300.94 on Friday. The company has a debt-to-equity ratio of 1.81, a quick ratio of 1.40 and a current ratio of 1.40. The company has a market capitalization of $133,091.98, a price-to-earnings ratio of 240.75, a P/E/G ratio of 4.20 and a beta of 0.96. Netflix, Inc. has a 52 week low of $138.66 and a 52 week high of $333.98.

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