174 Shares in Netflix, Inc. $NFLX Purchased by Fishman Jay A Ltd. MI

Fishman Jay A Ltd. MI acquired a new stake in Netflix, Inc. (NASDAQ:NFLX) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 174 shares of the Internet television network’s stock, valued at approximately $233,000.

Several other institutional investors also recently bought and sold shares of NFLX. Brighton Jones LLC grew its holdings in Netflix by 5.0% in the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock valued at $4,804,000 after purchasing an additional 257 shares during the period. Revolve Wealth Partners LLC lifted its position in shares of Netflix by 16.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after acquiring an additional 144 shares in the last quarter. Princeton Global Asset Management LLC lifted its position in Netflix by 517.0% during the first quarter. Princeton Global Asset Management LLC now owns 290 shares of the Internet television network’s stock worth $270,000 after buying an additional 243 shares in the last quarter. Sivia Capital Partners LLC lifted its position in Netflix by 4.6% during the first quarter. Sivia Capital Partners LLC now owns 1,160 shares of the Internet television network’s stock worth $1,081,000 after buying an additional 51 shares in the last quarter. Finally, Clean Yield Group lifted its position in Netflix by 31.0% during the first quarter. Clean Yield Group now owns 2,401 shares of the Internet television network’s stock worth $2,239,000 after buying an additional 568 shares in the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Trading Down 0.8%

NASDAQ NFLX opened at $1,153.32 on Monday. The stock has a market capitalization of $490.08 billion, a P/E ratio of 49.14, a P/E/G ratio of 1.94 and a beta of 1.59. Netflix, Inc. has a 52-week low of $677.88 and a 52-week high of $1,341.15. The firm has a 50-day moving average price of $1,207.36 and a 200 day moving average price of $1,161.81. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58.

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

Insider Activity

In other Netflix news, Director Reed Hastings sold 42,176 shares of the company’s stock in a transaction dated 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 transaction, the director directly owned 394 shares in the company, valued at approximately $461,736.48. This represents a 99.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider David A. Hyman sold 424 shares of the company’s stock in a transaction dated 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 transaction, the insider owned 31,610 shares in the company, valued at $36,625,558.70. The trade was a 1.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,100 shares of company stock valued at $122,710,980 over the last ninety days. 1.37% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

NFLX has been the topic of a number of research analyst reports. BMO Capital Markets restated an “outperform” rating and issued a $1,425.00 target price (up previously from $1,200.00) on shares of Netflix in a research report on Tuesday, July 15th. Barclays reaffirmed a “sell” rating and issued a $1,100.00 target price (up from $1,000.00) on shares of Netflix in a research report on Wednesday, July 9th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Netflix in a research report on Thursday, September 11th. Wedbush reaffirmed an “outperform” rating and issued a $1,500.00 target price (up from $1,400.00) on shares of Netflix in a research report on Monday, July 14th. Finally, Loop Capital raised Netflix from a “hold” rating to a “buy” rating and lifted their target price for the company from $1,150.00 to $1,350.00 in a research report on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Netflix currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,335.00.

About Netflix

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.