Everpar Advisors LLC Acquires 14,774 Shares of Netflix, Inc. $NFLX

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Everpar Advisors LLC significantly increased its stake in Netflix, Inc. (NASDAQ:NFLX) by 902.5% in the fourth quarter, purchasing an additional 14,774 shares which brings their total holding to 16,411 shares valued at $1.54 million. This move comes amidst mixed sentiment for Netflix; while institutional ownership is high at 80.93% and some analysts are upgrading the stock due to strategic decisions and new content partnerships, insider selling has been substantial, and concerns about slowing subscriber growth and increased content spending persist. The stock currently holds a “Moderate Buy” consensus rating with an average target price of $114.35.

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