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ABN AMRO Bank N.V. Increases Stake in Netflix, Inc. $NFLX
ABN AMRO Bank N.V. significantly increased its stake in Netflix, Inc. by 788.3% during the fourth quarter, holding 2.38 million shares valued at $222.8 million. This increase comes as Netflix reported strong quarterly earnings, beating EPS and revenue estimates, yet the company experienced notable insider selling. Analysts currently rate Netflix as a “Moderate Buy” with an average target price of $114.82.