Pensionfund Sabic Takes $1.22 Million Position in Netflix, Inc. $NFLX

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Pensionfund Sabic has acquired a new position in Netflix, Inc. (NASDAQ:NFLX) during the fourth quarter, purchasing 13,000 shares valued at approximately $1.22 million. Other institutional investors have also increased their holdings in Netflix, while company insiders have engaged in significant selling activity. Analysts generally have a “Moderate Buy” rating for NFLX with a consensus price target of $114.35, though recent analyst sentiment is mixed.

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