Glynn Capital Management Has Cut Its Netflix (NFLX) Stake, Supportcom (SPRT) Sentiment Is 0.47

June 20, 2017 - By Hazel Jackson

Support.com, Inc. is a provider of cloud software and services for technology support. The company has market cap of $48.41 million. The Firm offers outsourced support services for service providers, retailers, Internet of Things solution providers and technology companies. It currently has negative earnings. It offers technology support services programs for both the consumer and small business markets, and includes computer and mobile device set-up, security and support, virus and malware removal, wireless network set-up, and home security and automation system support.

Glynn Capital Management Llc decreased Netflix (NFLX) stake by 2.95% reported in 2016Q4 SEC filing. Glynn Capital Management Llc sold 5,468 shares as Netflix (NFLX)’s stock rose 10.41%. The Glynn Capital Management Llc holds 180,128 shares with $22.30M value, down from 185,596 last quarter. Netflix now has $66.56 billion valuation. The stock rose 0.08% or $0.12 reaching $153.52. About 14,538 shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 75.34% since June 20, 2016 and is uptrending. It has outperformed by 58.64% the S&P500.

It closed at $2.52 lastly. It is down 2.28% since June 20, 2016 and is uptrending. It has underperformed by 14.42% the S&P500.

Cornerstone Capital Inc. holds 0.05% of its portfolio in Support.com, Inc. for 290,000 shares. Awm Investment Company Inc. owns 202,663 shares or 0.03% of their US portfolio. Moreover, Ingalls & Snyder Llc has 0.01% invested in the company for 139,039 shares. The New York-based Bank Of New York Mellon Corp has invested 0% in the stock. Blackrock Advisors Llc, a Delaware-based fund reported 48,125 shares.

Among 45 analysts covering Netflix (NASDAQ:NFLX), 27 have Buy rating, 2 Sell and 16 Hold. Therefore 60% are positive. Netflix had 125 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was upgraded by Mizuho to “Buy” on Tuesday, January 17. The company was maintained on Thursday, January 19 by Wedbush. The firm has “Buy” rating given on Thursday, October 15 by Needham. Robert W. Baird downgraded Netflix, Inc. (NASDAQ:NFLX) on Monday, January 4 to “Neutral” rating. The firm earned “Neutral” rating on Tuesday, July 19 by UBS. As per Tuesday, October 18, the company rating was maintained by Pivotal Research. Wunderlich maintained the shares of NFLX in report on Friday, August 28 with “Buy” rating. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Hold” rating by Vetr on Tuesday, September 1. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Neutral” rating by Robert W. Baird on Tuesday, October 18. The stock of Netflix, Inc. (NASDAQ:NFLX) earned “Buy” rating by Stifel Nicolaus on Monday, August 10.

Investors sentiment increased to 1.1 in 2016 Q4. Its up 0.15, from 0.95 in 2016Q3. It increased, as 55 investors sold NFLX shares while 228 reduced holdings. 120 funds opened positions while 190 raised stakes. 348.22 million shares or 3.27% more from 337.19 million shares in 2016Q3 were reported. California-based Nelson Roberts Invest Advsr Limited Liability Company has invested 0.04% in Netflix, Inc. (NASDAQ:NFLX). Bb&T Corporation has invested 0.01% in Netflix, Inc. (NASDAQ:NFLX). Dragoneer Inv Llc has invested 3.35% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Wellington Mgmt Grp Limited Liability Partnership holds 12.43M shares or 0.39% of its portfolio. Virtus Advisers Inc holds 0.26% or 27,248 shares in its portfolio. Airain Limited holds 1.21% or 121,261 shares. Profund Advsr Lc holds 0.37% of its portfolio in Netflix, Inc. (NASDAQ:NFLX) for 65,410 shares. Trust Of Vermont has invested 0% in Netflix, Inc. (NASDAQ:NFLX). New Century Inv Mngmt Inc invested in 1.24% or 7,064 shares. Churchill Mgmt Corporation holds 12,033 shares. Viking Investors LP has invested 3.64% of its portfolio in Netflix, Inc. (NASDAQ:NFLX). Winslow Management Ltd Llc reported 1.82M shares. 3.77M are held by D E Shaw Commerce. L S Advsr holds 3,599 shares or 0.1% of its portfolio. 5,350 were accumulated by First Western Management.

Since December 21, 2016, it had 0 buys, and 31 selling transactions for $79.02 million activity. Shares for $322,342 were sold by BARTON RICHARD N on Tuesday, January 17. HUNT NEIL D also sold $4.09 million worth of Netflix, Inc. (NASDAQ:NFLX) shares. On Thursday, May 25 the insider KILGORE LESLIE J sold $174,636. Shares for $11.06 million were sold by HASTINGS REED. Peters Gregory K had sold 6,853 shares worth $1.13M. HYMAN DAVID A also sold $724,123 worth of Netflix, Inc. (NASDAQ:NFLX) shares. The insider CRANZ TAWNI sold $380,729.

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