Toronto Dominion Bank raised its stake in Netflix, Inc. (NASDAQ:NFLX) by 8.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 357,020 shares of the Internet television network’s stock after buying an additional 26,652 shares during the period. Toronto Dominion Bank owned approximately 0.08% of Netflix worth $127,266,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Versant Capital Management Inc lifted its holdings in shares of Netflix by 59.3% during the 4th quarter. Versant Capital Management Inc now owns 94 shares of the Internet television network’s stock valued at $25,000 after acquiring an additional 35 shares in the last quarter. Clarfeld Financial Advisors LLC bought a new stake in shares of Netflix in the 4th quarter worth about $27,000. Pearl River Capital LLC bought a new stake in shares of Netflix in the 4th quarter worth about $30,000. NuWave Investment Management LLC increased its position in shares of Netflix by 338.5% in the 4th quarter. NuWave Investment Management LLC now owns 114 shares of the Internet television network’s stock worth $31,000 after purchasing an additional 88 shares during the last quarter. Finally, Citizens Financial Group Inc RI increased its position in shares of Netflix by 750.0% in the 4th quarter. Citizens Financial Group Inc RI now owns 136 shares of the Internet television network’s stock worth $36,000 after purchasing an additional 120 shares during the last quarter. 75.16% of the stock is owned by institutional investors.

In other news, CEO Reed Hastings sold 57,414 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $348.88, for a total transaction of $20,030,596.32. Following the transaction, the chief executive officer now directly owns 57,414 shares in the company, valued at approximately $20,030,596.32. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Anne M. Sweeney sold 1,649 shares of the business’s stock in a transaction that occurred on Monday, February 25th. The stock was sold at an average price of $370.00, for a total value of $610,130.00. Following the transaction, the director now owns 609 shares in the company, valued at $225,330. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 168,487 shares of company stock worth $61,025,502. Insiders own 4.29% of the company’s stock.

A number of equities research analysts recently weighed in on NFLX shares. JPMorgan Chase & Co. set a $435.00 price objective on shares of Netflix and gave the company a “buy” rating in a research report on Tuesday, April 2nd. SunTrust Banks reissued a “buy” rating and set a $402.00 target price on shares of Netflix in a research note on Wednesday, March 27th. Royal Bank of Canada reissued a “buy” rating and set a $480.00 target price on shares of Netflix in a research note on Wednesday, March 20th. Stifel Nicolaus reissued a “buy” rating and set a $400.00 target price on shares of Netflix in a research note on Monday, April 8th. Finally, Credit Suisse Group reissued a “buy” rating and set a $440.00 target price on shares of Netflix in a research note on Wednesday, April 3rd. Four research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, twenty-eight have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $385.03.

Shares of NFLX traded down $10.98 during trading hours on Thursday, reaching $348.75. The stock had a trading volume of 3,552,783 shares, compared to its average volume of 5,815,478. The stock has a market cap of $154.89 billion, a P/E ratio of 130.13, a P/E/G ratio of 3.54 and a beta of 1.33. Netflix, Inc. has a 12 month low of $231.23 and a 12 month high of $423.21. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 1.81.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Tuesday, April 16th. The Internet television network reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.19. Netflix had a return on equity of 24.75% and a net margin of 7.61%. The business had revenue of $4.52 billion during the quarter, compared to analyst estimates of $4.50 billion. During the same period in the prior year, the firm posted $0.64 EPS. Netflix’s quarterly revenue was up 22.2% compared to the same quarter last year. On average, analysts expect that Netflix, Inc. will post 3.33 EPS for the current year.