Human Investing LLC Buys New Holdings in Netflix, Inc. $NFLX

Human Investing LLC bought a new stake in shares of Netflix, Inc. (NASDAQ:NFLX) in the 2nd quarter, Holdings Channel.com reports. The firm bought 176 shares of the Internet television network’s stock, valued at approximately $236,000.

Several other institutional investors and hedge funds have also bought and sold shares of NFLX. Stephens Consulting LLC lifted its holdings in Netflix by 150.0% in the 2nd quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock worth $33,000 after buying an additional 15 shares during the period. Rossby Financial LCC purchased a new stake in Netflix in the 2nd quarter worth approximately $35,000. Flaharty Asset Management LLC purchased a new stake in Netflix in the 1st quarter worth approximately $37,000. Maseco LLP purchased a new stake in Netflix in the 2nd quarter worth approximately $39,000. Finally, LGT Financial Advisors LLC purchased a new stake in Netflix in the 2nd quarter worth approximately $40,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insider Activity at Netflix

In related news, insider David A. Hyman sold 424 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $1,158.67, for a total transaction of $491,276.08. Following the completion of the transaction, the insider owned 31,610 shares of the company’s stock, valued at $36,625,558.70. This trade represents a 1.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Reed Hastings sold 42,176 shares of the firm’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 value of $49,426,897.92. Following the transaction, the director directly owned 394 shares of the company’s stock, valued at approximately $461,736.48. This trade represents a 99.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 104,100 shares of company stock worth $122,710,980 over the last quarter. 1.37% of the stock is currently owned by company insiders.

Netflix Stock Up 0.7%

NFLX stock opened at $1,102.50 on Wednesday. Netflix, Inc. has a twelve month low of $747.77 and a twelve month high of $1,341.15. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The firm has a market cap of $467.16 billion, a PE ratio of 46.05, a price-to-earnings-growth ratio of 1.89 and a beta of 1.59. The business has a 50 day moving average of $1,201.97 and a 200 day moving average of $1,191.47.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share for the quarter, missing analysts’ consensus estimates of $6.88 by ($1.01). Netflix had a net margin of 24.05% and a return on equity of 41.86%. The company had revenue of $11.51 billion for the quarter, compared to the consensus estimate of $11.52 billion. During the same period last year, the business earned $5.40 EPS. The firm’s quarterly revenue was up 17.2% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. On average, research analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on NFLX shares. KeyCorp increased their price objective on Netflix from $1,070.00 to $1,390.00 and gave the stock an “overweight” rating in a report on Thursday, July 10th. Guggenheim restated a “buy” rating and issued a $1,450.00 target price on shares of Netflix in a research note on Wednesday, October 22nd. Piper Sandler restated an “overweight” rating and issued a $1,400.00 target price (down previously from $1,500.00) on shares of Netflix in a research note on Wednesday, October 22nd. Arete raised their target price on Netflix from $833.00 to $1,084.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, JPMorgan Chase & Co. lowered their target price on Netflix from $1,300.00 to $1,275.00 and set a “neutral” rating for the company in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and an average price target of $1,344.64.

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.