Valley Brook Capital Group Inc. Has $1.22 Million Holdings in Netflix, Inc. $NFLX

Valley Brook Capital Group Inc. raised its position in Netflix, Inc. (NASDAQ:NFLX) by 5.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 909 shares of the Internet television network’s stock after buying an additional 46 shares during the period. Valley Brook Capital Group Inc.’s holdings in Netflix were worth $1,217,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC boosted its position in Netflix by 100.0% in the first quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock valued at $25,000 after buying an additional 13 shares in the last quarter. Maseco LLP acquired a new position in Netflix in the second quarter valued at about $39,000. Ransom Advisory Ltd acquired a new position in shares of Netflix during the second quarter worth approximately $47,000. Flaharty Asset Management LLC acquired a new position in shares of Netflix during the first quarter worth approximately $37,000. Finally, Signature Resources Capital Management LLC lifted its position in shares of Netflix by 740.0% during the second quarter. Signature Resources Capital Management LLC now owns 42 shares of the Internet television network’s stock worth $56,000 after purchasing an additional 37 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NFLX has been the topic of a number of research reports. Zacks Research lowered shares of Netflix from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 1st. Wells Fargo & Company upped their target price on shares of Netflix from $1,500.00 to $1,560.00 and gave the stock an “overweight” rating in a research report on Friday, July 18th. TD Cowen reduced their target price on shares of Netflix from $1,450.00 to $1,425.00 and set a “buy” rating on the stock in a research report on Tuesday, October 7th. UBS Group set a $1,425.00 target price on shares of Netflix in a research report on Tuesday. Finally, Sanford C. Bernstein upped their target price on shares of Netflix from $1,200.00 to $1,390.00 and gave the stock an “outperform” rating in a research report on Thursday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,337.63.

Insider Transactions at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 2,600 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $1,172.51, for a total value of $3,048,526.00. Following the completion of the sale, the chief financial officer owned 3,691 shares of the company’s stock, valued at approximately $4,327,734.41. This represents a 41.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Reed Hastings sold 42,176 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $1,171.92, for a total transaction of $49,426,897.92. Following the completion of the sale, the director directly owned 394 shares of the company’s stock, valued at $461,736.48. The trade was a 99.07% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 104,100 shares of company stock valued at $122,710,980. Corporate insiders own 1.37% of the company’s stock.

Netflix Trading Down 0.9%

NFLX opened at $1,220.08 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.34 and a quick ratio of 1.34. The company has a market cap of $518.44 billion, a price-to-earnings ratio of 51.98, a price-to-earnings-growth ratio of 2.05 and a beta of 1.59. The firm has a 50 day simple moving average of $1,210.84 and a 200 day simple moving average of $1,168.46. Netflix, Inc. has a fifty-two week low of $677.88 and a fifty-two week high of $1,341.15.

Netflix (NASDAQ:NFLX) last issued its earnings results on Thursday, July 17th. The Internet television network reported $7.19 EPS for the quarter, beating the consensus estimate of $7.07 by $0.12. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The firm had revenue of $11.08 billion during the quarter, compared to the consensus estimate of $11.04 billion. During the same quarter in the prior year, the firm earned $4.88 earnings per share. The business’s quarterly revenue was up 15.9% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. On average, sell-side analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

Netflix Company Profile

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.