-62.96% to Target, Wedbush Maintains Underperform Rating for Netflix (NFLX) Stock; Ocean Power Technologies (OPTT) Shorts Raised By 4.31%

Ocean Power Technologies, Inc. (NASDAQ:OPTT) Logo

Ocean Power Technologies Inc (NASDAQ:OPTT) had an increase of 4.31% in short interest. OPTT’s SI was 2.04 million shares in April as released by FINRA. Its up 4.31% from 1.96M shares previously. With 1.36M avg volume, 2 days are for Ocean Power Technologies Inc (NASDAQ:OPTT)’s short sellers to cover OPTT’s short positions. It closed at $1.09 lastly. It is down 51.15% since April 17, 2017 and is downtrending. It has underperformed by 62.70% the S&P500.

Netflix (NASDAQ:NFLX) had its stock rating noted as Underperform by analysts at Wedbush. Wedbush currently has a $125 target on the $146.46B market cap company or -62.96% downside potential. This was released in an analyst report on Tuesday, 17 April.

Since October 23, 2017, it had 0 insider buys, and 34 selling transactions for $155.38 million activity. 10,716 shares were sold by BATTLE A GEORGE, worth $2.77 million. Another trade for 9,618 shares valued at $3.13 million was sold by Peters Gregory K. On Tuesday, February 20 the insider HASTINGS REED sold $18.02M. BARTON RICHARD N sold $132,164 worth of Netflix, Inc. (NASDAQ:NFLX) on Thursday, December 14. Shares for $175,770 were sold by KILGORE LESLIE J on Monday, January 29. The insider HYMAN DAVID A sold $12.61 million. $218,817 worth of Netflix, Inc. (NASDAQ:NFLX) was sold by FRIEDLAND JONATHAN on Tuesday, January 16.

Among 57 analysts covering Netflix (NASDAQ:NFLX), 39 have Buy rating, 2 Sell and 16 Hold. Therefore 68% are positive. Netflix has $385 highest and $45.0 lowest target. $241.28’s average target is -28.51% below currents $337.51 stock price. Netflix had 257 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was maintained by Cantor Fitzgerald with “Buy” on Saturday, September 5. The rating was maintained by Canaccord Genuity on Tuesday, September 5 with “Buy”. The rating was maintained by Loop Capital with “Buy” on Thursday, January 19. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 17. The rating was maintained by Wedbush on Wednesday, August 9 with “Sell”. JP Morgan maintained it with “Overweight” rating and $116 target in Tuesday, July 19 report. Pivotal Research maintained the stock with “Buy” rating in Tuesday, July 18 report. Barclays Capital initiated Netflix, Inc. (NASDAQ:NFLX) on Thursday, January 11 with “Buy” rating. Citigroup maintained Netflix, Inc. (NASDAQ:NFLX) on Tuesday, April 19 with “Neutral” rating. The firm has “Buy” rating by Needham given on Thursday, October 15.

The stock increased 9.66% or $29.73 during the last trading session, reaching $337.51. About 21.84 million shares traded or 81.92% up from the average. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since April 17, 2017 and is uptrending. It has outperformed by 97.18% the S&P500.

Investors sentiment increased to 1.31 in Q4 2017. Its up 0.19, from 1.12 in 2017Q3. It increased, as 53 investors sold Netflix, Inc. 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. Marshall Wace Limited Liability Partnership owns 3,788 shares. Whale Rock Mngmt Limited Liability Corporation stated it has 3.64% in Netflix, Inc. (NASDAQ:NFLX). Coatue Ltd invested in 2.92M shares or 4.39% of the stock. Moore Cap Ltd Partnership holds 0.56% or 160,000 shares in its portfolio. Waldron Ltd Partnership stated it has 0.05% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Cap Research Glob Investors stated it has 44.95 million shares or 2.53% of all its holdings. Moreover, Murphy Mngmt has 0.11% invested in Netflix, Inc. (NASDAQ:NFLX) for 4,316 shares. Fifth Third Financial Bank accumulated 5,270 shares. Tarbox Family Office holds 160 shares or 0.01% of its portfolio. Partner Fund Mngmt L P invested in 0.67% or 147,162 shares. Mark Asset Mngmt Corp reported 32,368 shares stake. Ameritas Investment Prtn holds 17,107 shares. Miles Capital stated it has 0.15% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). First Tru reported 0.2% stake. Moreover, Paloma Prns has 0.02% invested in Netflix, Inc. (NASDAQ:NFLX) for 7,741 shares.

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