Ctc Continues to Hold Holding in Netflix (NFLX); As Best Buy (BBY) Stock Rose, Biltmore Wealth Management Raised Stake by $393,788

May 18, 2018 - By Vivian Park

Best Buy Co., Inc. (NYSE:BBY) Logo

Biltmore Wealth Management Llc increased its stake in Best Buy Inc (BBY) by 80.76% based on its latest 2017Q4 regulatory filing with the SEC. Biltmore Wealth Management Llc bought 5,791 shares as the company’s stock rose 0.94% while stock markets declined. The institutional investor held 12,962 shares of the consumer services company at the end of 2017Q4, valued at $888,000, up from 7,171 at the end of the previous reported quarter. Biltmore Wealth Management Llc who had been investing in Best Buy Inc for a number of months, seems to be bullish on the $22.19B market cap company. The stock decreased 0.08% or $0.07 during the last trading session, reaching $78.71. About 1.05 million shares traded. Best Buy Co., Inc. (NYSE:BBY) has risen 46.62% since May 18, 2017 and is uptrending. It has outperformed by 35.07% the S&P500.




Ctc Llc increased its stake in Netflix Inc (NFLX) by 654.38% based on its latest 2017Q4 regulatory filing with the SEC. Ctc Llc bought 179,594 shares as the company’s stock rose 58.31% while stock markets declined. The institutional investor held 207,039 shares of the consumer services company at the end of 2017Q4, valued at $39.74M, up from 27,445 at the end of the previous reported quarter. Ctc Llc who had been investing in Netflix Inc for a number of months, seems to be bullish on the $141.11 billion market cap company. The stock decreased 0.19% or $0.61 during the last trading session, reaching $324.61. About 1.36 million shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since May 18, 2017 and is uptrending. It has outperformed by 97.18% the S&P500.

Since December 12, 2017, it had 0 insider buys, and 30 selling transactions for $53.96 million activity. Shares for $49,770 were sold by Scarlett Kathleen. On Thursday, March 15 the insider MOHAN RAJENDRA M sold $3.79M. $172,786 worth of stock was sold by Barry Corie S on Wednesday, March 14. Nelsen Keith J also sold $142,543 worth of Best Buy Co., Inc. (NYSE:BBY) on Wednesday, March 14. 990 shares valued at $76,438 were sold by Watson Mathew on Tuesday, March 6. The insider Ballard Shari L sold $359,530.

Among 30 analysts covering Best Buy Co (NYSE:BBY), 10 have Buy rating, 4 Sell and 16 Hold. Therefore 33% are positive. Best Buy Co had 106 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 24 by Suntrust Robinson. On Monday, February 12 the stock rating was maintained by RBC Capital Markets with “Hold”. The company was maintained on Friday, June 30 by RBC Capital Markets. The firm earned “Buy” rating on Monday, August 17 by Credit Suisse. The firm earned “Buy” rating on Wednesday, December 7 by Loop Capital. The stock of Best Buy Co., Inc. (NYSE:BBY) earned “Outperform” rating by Ladenburg Thalmann on Wednesday, August 17. RBC Capital Markets downgraded Best Buy Co., Inc. (NYSE:BBY) on Monday, November 16 to “Sector Perform” rating. UBS maintained Best Buy Co., Inc. (NYSE:BBY) on Friday, November 20 with “Neutral” rating. The stock of Best Buy Co., Inc. (NYSE:BBY) earned “Outperform” rating by Telsey Advisory Group on Friday, May 26. Citigroup maintained Best Buy Co., Inc. (NYSE:BBY) on Wednesday, August 24 with “Neutral” rating.

Another recent and important Best Buy Co., Inc. (NYSE:BBY) news was published by Seekingalpha.com which published an article titled: “Best Buy’s Resilience Absolutely Incredible” on April 19, 2018.

Investors sentiment increased to 0.86 in 2017 Q4. Its up 0.10, from 0.76 in 2017Q3. It is positive, as 34 investors sold BBY shares while 198 reduced holdings. 75 funds opened positions while 124 raised stakes. 233.61 million shares or 5.15% less from 246.28 million shares in 2017Q3 were reported. Chicago Equity Partners Limited Liability Company holds 0.25% in Best Buy Co., Inc. (NYSE:BBY) or 120,825 shares. Thrivent For Lutherans has 0% invested in Best Buy Co., Inc. (NYSE:BBY) for 10,331 shares. Vanguard Group Inc has invested 0.1% in Best Buy Co., Inc. (NYSE:BBY). Todd Asset Management Ltd Limited Liability Company holds 0.46% or 251,398 shares. Pitcairn holds 0.34% of its portfolio in Best Buy Co., Inc. (NYSE:BBY) for 49,471 shares. Paradigm Asset Mgmt Limited Liability Company has invested 0.19% in Best Buy Co., Inc. (NYSE:BBY). Robeco Institutional Asset Bv has 920,949 shares. Kbc Gru Nv stated it has 435,829 shares or 0.26% of all its holdings. Los Angeles Management And Equity Incorporated stated it has 0.22% in Best Buy Co., Inc. (NYSE:BBY). Northern owns 3.72M shares. Comerica Bank has 62,610 shares. Minneapolis Portfolio Mngmt Grp Ltd Liability has 406,253 shares. Eqis Capital Management stated it has 4,106 shares. Savant Cap Lc holds 4,040 shares or 0.06% of its portfolio. Apg Asset Nv owns 3.59M shares for 0.37% of their portfolio.

Investors sentiment increased to 1.31 in 2017 Q4. Its up 0.19, from 1.12 in 2017Q3. It is positive, as 53 investors sold NFLX shares while 244 reduced holdings. 107 funds opened positions while 281 raised stakes. 344.43 million shares or 3.28% less from 356.10 million shares in 2017Q3 were reported. Johnson Grp Inc holds 865 shares. Mitsubishi Ufj Securities accumulated 620 shares. London Of Virginia holds 1,610 shares or 0% of its portfolio. Interactive Financial holds 976 shares or 0.08% of its portfolio. New York-based Moore Mngmt LP has invested 0.56% in Netflix, Inc. (NASDAQ:NFLX). Winslow Evans & Crocker holds 0.2% or 3,300 shares in its portfolio. Peregrine Asset Advisers holds 0.42% or 4,331 shares. Veritable LP reported 9,510 shares. Geode Capital Ltd Co has invested 0.29% in Netflix, Inc. (NASDAQ:NFLX). Kistler stated it has 9 shares or 0% of all its holdings. Green Square Limited invested in 0.21% or 7,286 shares. Peapack Gladstone Fincl Corp holds 0.02% or 1,474 shares in its portfolio. Lombard Odier Asset Mgmt (Europe) Limited invested in 0.06% or 4,718 shares. Factory Mutual accumulated 10,000 shares. Panagora Asset Mngmt reported 17,986 shares.

Since December 11, 2017, it had 0 buys, and 39 sales for $159.56 million activity. On Tuesday, March 20 HASTINGS REED sold $23.86 million worth of Netflix, Inc. (NASDAQ:NFLX) or 75,271 shares. Shares for $175,770 were sold by KILGORE LESLIE J on Monday, January 29. FRIEDLAND JONATHAN sold $563,938 worth of stock or 2,743 shares. 10,000 shares were sold by BATTLE A GEORGE, worth $3.10M. WELLS DAVID B had sold 1,000 shares worth $187,940. Shares for $3.01M were sold by HOAG JAY C on Wednesday, January 31.

More notable recent Netflix, Inc. (NASDAQ:NFLX) news were published by: Nasdaq.com which released: “Will Original Content Continue To Power Netflix Stock Higher?” on May 16, 2018, also Streetinsider.com with their article: “Netflix (NFLX) PT Raised to $352 at BofA/Merrill Lynch” published on May 18, 2018, Seekingalpha.com published: “I Could Still Be Wrong About Netflix” on May 16, 2018. More interesting news about Netflix, Inc. (NASDAQ:NFLX) were released by: Nasdaq.com and their article: “How to Invest Wisely in Blockchain and AI Stocks Right Now” published on May 16, 2018 as well as Investingnews.com‘s news article titled: “Commodities and Markets Waver” with publication date: May 18, 2018.

Among 58 analysts covering Netflix (NASDAQ:NFLX), 39 have Buy rating, 2 Sell and 17 Hold. Therefore 67% are positive. Netflix had 261 analyst reports since August 4, 2015 according to SRatingsIntel. UBS maintained the shares of NFLX in report on Wednesday, October 4 with “Buy” rating. The firm has “Buy” rating by Guggenheim given on Tuesday, August 4. Deutsche Bank upgraded the stock to “Buy” rating in Friday, April 13 report. The rating was maintained by Robert W. Baird with “Neutral” on Tuesday, April 19. The company was maintained on Wednesday, December 21 by Stifel Nicolaus. The firm has “Neutral” rating given on Friday, April 13 by Buckingham Research. The firm has “Buy” rating given on Tuesday, April 19 by Pivotal Research. The firm has “Outperform” rating given on Tuesday, January 2 by Macquarie Research. The rating was maintained by JP Morgan with “Overweight” on Tuesday, April 19. William Blair upgraded Netflix, Inc. (NASDAQ:NFLX) on Thursday, August 25 to “Outperform” rating.

Best Buy Co., Inc. (NYSE:BBY) Institutional Positions Chart

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