Atika Capital Management Holds Holding in Netflix (NFLX); Comcast New (CMCSA) Stake Increased by Salem Investment Counselors Inc

June 20, 2018 - By Clifton Ray

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Brad Farber increased its stake in Netflix Inc (NFLX) by 6.06% based on its latest 2018Q1 regulatory filing with the SEC. Atika Capital Management Llc bought 2,000 shares as the company’s stock rose 19.42% while stock markets declined. The hedge fund run by Brad Farber held 35,000 shares of the consumer services company at the end of 2018Q1, valued at $10.34 million, up from 33,000 at the end of the previous reported quarter. Atika Capital Management Llc who had been investing in Netflix Inc for a number of months, seems to be bullish on the $181.30B market cap company. The stock increased 2.99% or $12.09 during the last trading session, reaching $417.07. About 14.29 million shares traded or 48.08% up from the average. Netflix, Inc. (NASDAQ:NFLX) has risen 115.45% since June 20, 2017 and is uptrending. It has outperformed by 102.88% the S&P500. Some Historical NFLX News: 23/04/2018 – Tech fell 0.4 percent, with Facebook, Amazon, Netflix and Alphabet all closing lower; 04/04/2018 – Hollywood execs back Netflix over anti-Israel ‘Fauda’ boycott; 23/05/2018 – Netflix is now worth more than Comcast Netflix’s market value increased to about $150 billion today; 15/05/2018 – BNY Mellon Adds Aptiv, Cuts J&J, Buys More Netflix: 13F; 28/03/2018 – Netflix Appoints Former U.S. National Security Advisor and UN Ambassador Susan Rice to Its Board; 18/05/2018 – Netflix Forecasts to 2023: 201 Million Streaming Subscribers by 2023, up by 82% – ResearchAndMarkets.com; 23/03/2018 – Spotify Aims to Be the Next Netflix as It Prepares to Go Public; 03/05/2018 – Relativity: UltraV to Provide Sufficient Capital to Resume Relativity Media’s Operations, Including via Current Netflix Distribution Deal; 26/04/2018 – Commentary: Amazon, Netflix and Apple are forcing Hollywood to reshape its business. via @cnbctech; 14/03/2018 – Mediagazer: Source: Netflix is planning a weekly current affairs TV show to rival CBS’ “60 Minutes” and ABC’s “20/20” (…

Salem Investment Counselors Inc increased its stake in Comcast Corp New (CMCSA) by 436.1% based on its latest 2018Q1 regulatory filing with the SEC. Salem Investment Counselors Inc bought 166,912 shares as the company’s stock declined 19.78% with the market. The institutional investor held 205,186 shares of the television services company at the end of 2018Q1, valued at $6.92M, up from 38,274 at the end of the previous reported quarter. Salem Investment Counselors Inc who had been investing in Comcast Corp New for a number of months, seems to be bullish on the $154.82 billion market cap company. The stock increased 2.54% or $0.835 during the last trading session, reaching $33.645. About 36.78M shares traded or 33.27% up from the average. Comcast Corporation (NASDAQ:CMCSA) has declined 21.29% since June 20, 2017 and is downtrending. It has underperformed by 33.86% the S&P500. Some Historical CMCSA News: 08/03/2018 – WELLS’ RYVICKER: SKY IS MORE IMPORTANT TO COMCAST THAN DISNEY; 25/04/2018 – Comcast 1Q Share Repurchases $1.5B; 08/05/2018 – Comcast Bid Would Create `Huge Behemoth’ With $170 Billion Debt; 01/05/2018 – Veritas Adds Cerner, Exits Dr Pepper Snapple, Cuts Comcast: 13F; 25/04/2018 – Comcast Corporation Announces a Firm Superior Cash Offer for Sky plc; 02/04/2018 – Comcast NBCUniversal to Livestream Coverage Commemorating 50th Anniversary of MLK’s Assassination and Legacy; 25/04/2018 – Comcast: Sky Hldrs to Keep FY2018 Final Div Up to 21.8p; 16/05/2018 – U.S. net neutrality bill gets enough Senate votes to advance; 10/05/2018 – Comcast’s proposed break-up fee would be payable if the deal runs into regulatory trouble; 23/05/2018 – ♫ Reuters Insider – Comcast prepares to top Disney’s $50 billion bid for Fox

Among 58 analysts covering Netflix (NASDAQ:NFLX), 39 have Buy rating, 2 Sell and 17 Hold. Therefore 67% are positive. Netflix had 265 analyst reports since August 4, 2015 according to SRatingsIntel. As per Tuesday, October 18, the company rating was maintained by UBS. The company was upgraded on Friday, August 28 by BNP Paribas. Bernstein maintained Netflix, Inc. (NASDAQ:NFLX) rating on Tuesday, January 23. Bernstein has “Buy” rating and $302.0 target. The stock has “Neutral” rating by Credit Suisse on Tuesday, October 18. The stock has “Neutral” rating by Goldman Sachs on Tuesday, October 18. Wedbush maintained Netflix, Inc. (NASDAQ:NFLX) rating on Tuesday, April 17. Wedbush has “Underperform” rating and $125 target. On Tuesday, October 18 the stock rating was maintained by Citigroup with “Neutral”. The stock has “Underperform” rating by Wedbush on Thursday, January 19. Aegis Capital initiated the stock with “Hold” rating in Monday, October 16 report. The firm has “Buy” rating by Wells Fargo given on Tuesday, September 26.

More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: Nasdaq.com which released: “AT&T Just Bought HBO, and Now It Wants to Spend More Money” on June 19, 2018, also Fool.com with their article: “3 Growth Stocks That Could Put Netflix’s Returns to Shame” published on June 19, 2018, Seekingalpha.com published: “3 Options Trade Ideas In Netflix Stock” on June 04, 2018. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: Nasdaq.com and their article: “Netflix (NFLX) to Bring Minecraft: Story Mode, But Says No to Gaming” published on June 14, 2018 as well as Seekingalpha.com‘s news article titled: “Netflix: Options Action!” with publication date: May 24, 2018.

Since January 3, 2018, it had 0 insider buys, and 51 sales for $197.14 million activity. The insider FRIEDLAND JONATHAN sold 5,126 shares worth $1.31M. 75,558 shares valued at $24.53M were sold by HASTINGS REED on Monday, April 23. Another trade for 1,309 shares valued at $471,195 was sold by KILGORE LESLIE J. $3.97 million worth of Netflix, Inc. (NASDAQ:NFLX) was sold by HALEY TIMOTHY M. On Tuesday, March 6 the insider Peters Gregory K sold $3.13 million. WELLS DAVID B also sold $361,880 worth of Netflix, Inc. (NASDAQ:NFLX) shares.

Investors sentiment decreased to 1.23 in 2018 Q1. Its down 0.08, from 1.31 in 2017Q4. It dropped, as 47 investors sold NFLX shares while 310 reduced holdings. 156 funds opened positions while 283 raised stakes. 329.43 million shares or 4.36% less from 344.43 million shares in 2017Q4 were reported. Halbert Hargrove Russell Ltd Llc holds 0.06% or 710 shares in its portfolio. Ensemble Limited has invested 4.42% in Netflix, Inc. (NASDAQ:NFLX). Blue Financial Cap Incorporated holds 878 shares. State Of Tennessee Treasury Department accumulated 279,501 shares. America First Llc stated it has 0.01% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Motley Fool Asset Management Ltd Liability Co accumulated 3,945 shares. Quantitative Systematic Strategies stated it has 0.14% in Netflix, Inc. (NASDAQ:NFLX). Axiom Invsts Ltd Liability Corp De stated it has 0.78% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Syntal Cap Partners Ltd Liability Corp invested in 6,737 shares. Richard Bernstein Advsrs Limited Liability Com has 18,938 shares. Whittier, a California-based fund reported 536 shares. Stelac Advisory Service Limited invested in 1,393 shares. Boston Private Wealth Limited invested in 12,966 shares. Glenmede Na accumulated 35,669 shares or 0.03% of the stock. Plante Moran Financial Advsrs Limited Liability Corporation holds 1,674 shares.

Atika Capital Management Llc, which manages about $291.91M US Long portfolio, decreased its stake in Esperion Therapeutics Inc Ne (NASDAQ:ESPR) by 16,000 shares to 40,000 shares, valued at $2.89M in 2018Q1, according to the filing. It also reduced its holding in Arena Pharmaceuticals Inc by 40,000 shares in the quarter, leaving it with 130,000 shares, and cut its stake in Atlassian Corp Plc.

Investors sentiment increased to 0.99 in 2018 Q1. Its up 0.06, from 0.93 in 2017Q4. It improved, as 100 investors sold CMCSA shares while 496 reduced holdings. 111 funds opened positions while 481 raised stakes. 3.67 billion shares or 0.21% more from 3.66 billion shares in 2017Q4 were reported. Richard Bernstein Ltd Com reported 293,935 shares. Covington Capital Mngmt reported 0.02% in Comcast Corporation (NASDAQ:CMCSA). Lincoln Natl holds 19,787 shares. Fifth Third Bancorporation has 2.03 million shares for 0.47% of their portfolio. Goodnow Inv Limited Com holds 1.1% or 171,170 shares. Nwq Management Ltd Liability stated it has 6,041 shares. Wellington Shields And Co Limited Liability Com holds 13,993 shares. Gargoyle Invest Advisor Limited Liability Com owns 44,797 shares or 0.63% of their US portfolio. Paloma Prtn reported 0.04% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Steinberg Glob Asset accumulated 9,993 shares. Origin Asset Limited Liability Partnership has invested 0.54% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Piedmont Inv Ltd Com has 1.03 million shares. Novare Capital Mngmt Limited Liability owns 1.13% invested in Comcast Corporation (NASDAQ:CMCSA) for 188,103 shares. 207,595 were accumulated by Washington Com. Lee Danner Bass Inc has invested 0.52% in Comcast Corporation (NASDAQ:CMCSA).

Among 33 analysts covering Comcast Corporation (NASDAQ:CMCSA), 24 have Buy rating, 1 Sell and 8 Hold. Therefore 73% are positive. Comcast Corporation had 86 analyst reports since July 27, 2015 according to SRatingsIntel. Instinet downgraded the stock to “Neutral” rating in Thursday, January 18 report. On Tuesday, September 29 the stock rating was maintained by Macquarie Research with “Neutral”. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Neutral” rating given on Tuesday, June 20 by Moffett Nathanson. The rating was maintained by Oppenheimer with “Buy” on Monday, August 14. The stock of Comcast Corporation (NASDAQ:CMCSA) earned “Buy” rating by Macquarie Research on Wednesday, July 5. The firm earned “Buy” rating on Friday, November 17 by Robert W. Baird. The stock of Comcast Corporation (NASDAQ:CMCSA) has “Buy” rating given on Friday, April 20 by Scotia Capital. The stock has “Buy” rating by RBC Capital Markets on Tuesday, January 30. The firm has “Overweight” rating by Barclays Capital given on Wednesday, February 22. The firm has “Buy” rating by Bank of America given on Wednesday, June 28.

Since January 26, 2018, it had 0 insider purchases, and 10 sales for $39.84 million activity. The insider Murdock Daniel C. sold $67,320. $4.84M worth of Comcast Corporation (NASDAQ:CMCSA) was sold by WATSON DAVID N on Tuesday, March 6. The insider BURKE STEPHEN B sold 190,756 shares worth $8.11 million. ROBERTS BRIAN L had sold 691,105 shares worth $25.24M on Tuesday, March 13.

Netflix, Inc. (NASDAQ:NFLX) Institutional Positions Chart

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