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Netflix reported strong Q4 earnings and revenue growth as O Shaughnessy Asset Management increased its stake.
O Shaughnessy Asset Management LLC increased its stake in Netflix by 12.2%, owning 56,035 shares worth $49.9 million.
Netflix reported strong Q4 earnings of $4.27 per share, exceeding the consensus estimate by $0.07, and revenue of $10.25 billion, up 16% year-over-year.
Institutional investors own 80.93% of Netflix's stock, which has a market cap of $399.46 billion.
Analysts have a "Moderate Buy" rating and a $1,021.02 price target for the stock.
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Netflix reportó fuertes ganancias Q4 y crecimiento de ingresos mientras O Shaughnessy Asset Management incrementaba su participación.