Amarillo National Bank Lowered Netflix (NFLX) Position By $645,446; Tri-continental (TY) Has 1.11 Sentiment

Amarillo National Bank decreased Netflix Inc. (NFLX) stake by 23.23% reported in 2017Q3 SEC filing. Amarillo National Bank sold 3,566 shares as Netflix Inc. (NFLX)’s stock rose 10.41%. The Amarillo National Bank holds 11,782 shares with $2.14M value, down from 15,348 last quarter. Netflix Inc. now has $130.64 billion valuation. The stock increased 3.67% or $10.66 during the last trading session, reaching $301.05. About 13.35M shares traded or 47.28% up from the average. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since March 5, 2017 and is uptrending. It has outperformed by 58.64% the S&P500.

Tri-Continental Corporation is a closed ended equity mutual fund launched and managed by Columbia Management Investment Advisers, LLC. The company has market cap of $1.52 billion. It primarily invests in the public equity markets of the United States. It has a 6.08 P/E ratio. The fund invests in stocks of companies that operate across diversified sectors.

The stock decreased 0.07% or $0.02 during the last trading session, reaching $26.72. About 151,729 shares traded or 111.66% up from the average. Tri-Continental Corporation (TY) has risen 18.43% since March 5, 2017 and is uptrending. It has outperformed by 1.73% the S&P500.

Blue Bell Private Wealth Management Llc holds 7.31% of its portfolio in Tri-Continental Corporation for 598,880 shares. Bulldog Investors Llc owns 263,957 shares or 1.96% of their US portfolio. Moreover, Cornerstone Advisors Inc has 1.25% invested in the company for 422,478 shares. The Illinois-based Rivernorth Capital Management Llc has invested 0.75% in the stock. Dubuque Bank & Trust Co, a Iowa-based fund reported 168,231 shares.

Since September 18, 2017, it had 0 insider purchases, and 36 selling transactions for $142.14 million activity. 700 shares were sold by BARTON RICHARD N, worth $147,886. $563,938 worth of Netflix, Inc. (NASDAQ:NFLX) was sold by FRIEDLAND JONATHAN. Another trade for 8,533 shares valued at $1.92M was sold by Peters Gregory K. On Monday, October 16 the insider KILGORE LESLIE J sold $175,336. BATTLE A GEORGE also sold $2.77M worth of Netflix, Inc. (NASDAQ:NFLX) on Tuesday, February 13. 1,000 shares were sold by WELLS DAVID B, worth $191,200. Another trade for 63,889 shares valued at $18.02M was sold by HASTINGS REED.

Analysts await Netflix, Inc. (NASDAQ:NFLX) to report earnings on April, 16. They expect $0.63 EPS, up 57.50% or $0.23 from last year’s $0.4 per share. NFLX’s profit will be $273.39 million for 119.46 P/E if the $0.63 EPS becomes a reality. After $0.41 actual EPS reported by Netflix, Inc. for the previous quarter, Wall Street now forecasts 53.66% EPS growth.

Among 56 analysts covering Netflix (NASDAQ:NFLX), 40 have Buy rating, 2 Sell and 14 Hold. Therefore 71% are positive. Netflix has $330.0 highest and $45.0 lowest target. $202.27’s average target is -32.81% below currents $301.05 stock price. Netflix had 226 analyst reports since August 4, 2015 according to SRatingsIntel. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Buy” rating by Loop Capital on Tuesday, October 17. The stock has “Buy” rating by Canaccord Genuity on Thursday, January 19. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Underperform” rating given on Tuesday, September 13 by Macquarie Research. The rating was maintained by Canaccord Genuity with “Buy” on Monday, October 9. The firm has “Hold” rating given on Tuesday, October 13 by Suntrust Robinson. The rating was initiated by Guggenheim with “Buy” on Tuesday, August 4. The company was maintained on Tuesday, July 18 by Goldman Sachs. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Neutral” rating by Robert W. Baird on Tuesday, April 19. The rating was maintained by Citigroup on Friday, April 1 with “Neutral”. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Outperform” rating given on Thursday, October 15 by Oppenheimer.