Benin Management Upped Praxair (PX) Position By $353,340; Matrix Capital Management Company LP Has Lowered By $24.03 Million Its Netflix (NFLX) Holding

August 2, 2017 - By Vivian Currie

Benin Management Corp increased Praxair Inc (PX) stake by 61.95% reported in 2016Q4 SEC filing. Benin Management Corp acquired 3,020 shares as Praxair Inc (PX)’s stock rose 10.06%. The Benin Management Corp holds 7,895 shares with $925,000 value, up from 4,875 last quarter. Praxair Inc now has $37.39B valuation. The stock increased 0.42% or $0.55 during the last trading session, reaching $130.71. About shares traded. Praxair, Inc. (NYSE:PX) has risen 17.42% since August 2, 2016 and is uptrending. It has outperformed by 0.72% the S&P500.

Matrix Capital Management Company Lp decreased Netflix Inc (NFLX) stake by 4.88% reported in 2016Q4 SEC filing. Matrix Capital Management Company Lp sold 195,400 shares as Netflix Inc (NFLX)’s stock rose 10.41%. The Matrix Capital Management Company Lp holds 3.81 million shares with $471.68M value, down from 4.01 million last quarter. Netflix Inc now has $78.59B valuation. The stock rose 0.21% or $0.38 reaching $182.41. About 9,827 shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since August 2, 2016 and is uptrending. It has outperformed by 58.64% the S&P500.

Investors sentiment increased to 1.02 in Q4 2016. Its up 0.10, from 0.92 in 2016Q3. It is positive, as 44 investors sold PX shares while 290 reduced holdings. 79 funds opened positions while 261 raised stakes. 231.14 million shares or 1.70% more from 227.29 million shares in 2016Q3 were reported. Savant Capital Ltd Liability has 3,053 shares. Barrett Asset Ltd Liability Com invested in 300 shares. Mutual Of America Capital Mgmt Lc reported 0.07% stake. Naples Global Limited Liability Co reported 11,495 shares. 487,289 are held by Nuance Invests Ltd Company. Chesley Taft Assocs Ltd Llc stated it has 0.31% of its portfolio in Praxair, Inc. (NYSE:PX). Zwj Invest Counsel accumulated 0.02% or 1,750 shares. New England Rech And holds 0.21% or 2,275 shares. Country Fincl Bank holds 0% or 1 shares. Strategic Fincl Svcs Inc accumulated 19,165 shares. Pension Serv accumulated 204,567 shares. Magnetar Fincl Limited Liability Corporation stated it has 6,058 shares or 0.01% of all its holdings. Washington Tru Fincl Bank owns 13,057 shares for 0.34% of their portfolio. Pioneer Investment Mngmt accumulated 0.01% or 14,922 shares. Allianz Asset Management Ag reported 0% of its portfolio in Praxair, Inc. (NYSE:PX).

Among 20 analysts covering Praxair (NYSE:PX), 6 have Buy rating, 3 Sell and 11 Hold. Therefore 30% are positive. Praxair had 32 analyst reports since August 12, 2015 according to SRatingsIntel. The stock has “Sell” rating by Zacks on Friday, August 28. The rating was initiated by Morgan Stanley on Tuesday, September 13 with “Equal-Weight”. CLSA downgraded the stock to “Underperform” rating in Thursday, December 22 report. Jefferies maintained Praxair, Inc. (NYSE:PX) rating on Tuesday, May 30. Jefferies has “Buy” rating and $14000 target. The firm has “Neutral” rating given on Saturday, January 7 by Bank of America. Seaport Global Securities upgraded the shares of PX in report on Wednesday, January 13 to “Accumulate” rating. On Friday, January 27 the stock rating was upgraded by JP Morgan to “Overweight”. Jefferies maintained the shares of PX in report on Thursday, July 6 with “Buy” rating. On Friday, January 22 the stock rating was reinitiated by Bank of America with “Underperform”. The firm has “Sell” rating given on Wednesday, August 12 by Zacks.

Benin Management Corp decreased Prudential Finl Inc (NYSE:PRU) stake by 19,755 shares to 105,605 valued at $10.99 million in 2016Q4. It also reduced Apple Inc (NASDAQ:AAPL) stake by 8,011 shares and now owns 36,887 shares. Hartford Finl Svcs Group Inc (NYSE:HIG) was reduced too.

Among 48 analysts covering Netflix (NASDAQ:NFLX), 33 have Buy rating, 2 Sell and 13 Hold. Therefore 69% are positive. Netflix had 161 analyst reports since August 4, 2015 according to SRatingsIntel. On Tuesday, July 18 the stock rating was maintained by Oppenheimer with “Buy”. The stock has “Hold” rating by BMO Capital Markets on Thursday, July 13. The company was maintained on Tuesday, April 19 by JP Morgan. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Buy” rating given on Friday, January 8 by Pivotal Research. The firm earned “Outperform” rating on Tuesday, July 19 by Cowen & Co. The stock of Netflix, Inc. (NASDAQ:NFLX) has “Neutral” rating given on Tuesday, April 19 by Robert W. Baird. The company was maintained on Thursday, September 3 by Rosenblatt. Nomura maintained it with “Buy” rating and $130 target in Tuesday, October 18 report. Atlantic Securities upgraded Netflix, Inc. (NASDAQ:NFLX) on Friday, April 1 to “Overweight” rating. PiperJaffray maintained the shares of NFLX in report on Tuesday, July 19 with “Overweight” rating.

Since February 6, 2017, it had 0 insider purchases, and 26 sales for $64.13 million activity. 2,135 shares valued at $312,756 were sold by CRANZ TAWNI on Thursday, March 16. Shares for $969,144 were sold by Peters Gregory K. HUNT NEIL D had sold 10,000 shares worth $1.44 million. $326,940 worth of stock was sold by BARTON RICHARD N on Thursday, June 1. Another trade for 101,815 shares valued at $16.00M was sold by HASTINGS REED. On Thursday, June 1 KILGORE LESLIE J sold $175,560 worth of Netflix, Inc. (NASDAQ:NFLX) or 1,064 shares. 5,005 shares were sold by HYMAN DAVID A, worth $724,123 on Friday, February 10.