Two Stocks in Concentration: Netflix, Inc. (NFLX), Thermo Fisher Scientific, Inc. (TMO)


Vanguard Group Inc. grew its stake in Netflix by 3.5% in the 1st quarter. Jennison Associates LLC now owns 14,784,089 shares of the Internet television network's stock valued at $2,208,891,000 after acquiring an additional 1,814,056 shares during the last quarter. The Stock now has a Weekly Volatility of 1.99% and Monthly Volatility of 2.05%. Jennison Associates LLC grew its stake in Netflix by 14.0% in the 2nd quarter.

A number of hedge funds have recently bought and sold shares of NFLX.

Parkside Investments LLC acquired a new stake in shares of Netflix, Inc. Harel Insurance Investments & Financial Services Ltd. now owns 1,690 shares of the Internet television network's stock valued at $155,000 after buying an additional 224 shares during the last quarter. FMR LLC grew its stake in shares of Netflix by 12.4% during the 2nd quarter. Alps Advisors Inc. purchased a new stake in shares of Netflix in the second quarter worth about $262,000. Heritage Investors Management Corp lifted its holdings in Netflix by 0.6% in the 2nd quarter. BB&T Corp now owns 3,857 shares of the Internet television network's stock worth $700,000 after buying an additional 642 shares in the last quarter. Bank of America Corporation increased their price target on shares of Netflix from $199.00 to $225.00 in a report on Tuesday, October 17th. Based on a recent trade, the shares are hovering around $195.70 which, according to analysts, yield significant upside potential to the $213.84 consensus target price. Wedbush reissued a "sell" rating on shares of Netflix in a research report on Wednesday, August 9th.

According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1.91 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. Raymond James maintained it with "Buy" rating and $16500 target in Friday, June 23 report.

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In other news, Director Richard N. Barton sold 700 shares of Netflix stock in a transaction on Thursday, November 2nd. The Stock shows P/E value of 31.98 and Forward P/E of 17.75.

The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 17.22%, and has a solid year to date (YTD) performance of 55.11% which means that the stock is constantly adding to its value from the previous fiscal year end price. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Reed Hastings sold 93,380 shares of the business's stock in a transaction on Monday, August 21st. The stock was sold at an average price of $166.07, for a total value of $15,507,616.60. The company has 436.97 Million shares outstanding and 424.92 Million shares were floated in market. Trading volume for Netflix, Inc. was 6.62 Million in its previous trading session. Insiders own 4.90% of the company's stock. Netflix Inc now has $84.42B valuation. The 52-Week High range of the stock is $204.38, while the 52-week low range is $110.68.

Equity Research firms now have a positive stance on shares of WSFS Financial Corporation (NASDAQ:WSFS).

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Monday, October 16th. Janus Henderson Group PLC now owns 2,041,458 shares of the Internet television network's stock valued at $305,014,000 after acquiring an additional 1,984,404 shares during the last quarter. The return on assets stands at 2.9%, Return on Equity now is 14.6% and the Return on Investment value is 5%. The firm had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.97 billion. During the same quarter in the prior year, the firm posted $0.12 earnings per share.



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