Aberdeen Group plc Has $447.97 Million Stock Holdings in Netflix, Inc. $NFLX

Aberdeen Group plc grew its holdings in Netflix, Inc. (NASDAQ:NFLX) by 6.5% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 337,197 shares of the Internet television network’s stock after buying an additional 20,502 shares during the quarter. Netflix accounts for approximately 0.8% of Aberdeen Group plc’s holdings, making the stock its 15th biggest holding. Aberdeen Group plc’s holdings in Netflix were worth $447,970,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Nuveen LLC acquired a new stake in shares of Netflix during the 1st quarter worth about $2,385,585,000. Kingstone Capital Partners Texas LLC increased its position in shares of Netflix by 343,058.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 2,463,876 shares of the Internet television network’s stock worth $3,299,450,000 after purchasing an additional 2,463,158 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Netflix by 57.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,393,064 shares of the Internet television network’s stock worth $3,164,134,000 after purchasing an additional 1,236,251 shares in the last quarter. Amundi increased its position in shares of Netflix by 37.7% during the 1st quarter. Amundi now owns 2,070,221 shares of the Internet television network’s stock worth $1,898,496,000 after purchasing an additional 567,251 shares in the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Netflix by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 37,997,260 shares of the Internet television network’s stock worth $35,433,585,000 after purchasing an additional 509,255 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Stock Down 0.9%

Shares of NASDAQ NFLX opened at $1,220.08 on Friday. The firm has a market capitalization of $518.45 billion, a PE ratio of 51.98, a price-to-earnings-growth ratio of 2.07 and a beta of 1.59. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. Netflix, Inc. has a 1 year low of $677.88 and a 1 year high of $1,341.15. The firm’s 50-day moving average is $1,210.84 and its 200-day moving average is $1,167.10.

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

Analysts Set New Price Targets

NFLX has been the subject of a number of recent analyst reports. TD Cowen dropped their target price on shares of Netflix from $1,450.00 to $1,425.00 and set a “buy” rating for the company in a research report on Tuesday. Itau BBA Securities assumed coverage on shares of Netflix in a research report on Tuesday. They set an “outperform” rating and a $1,514.00 target price for the company. Zacks Research lowered shares of Netflix from a “strong-buy” rating to a “hold” rating in a report on Monday, September 1st. Morgan Stanley reissued an “equal weight” rating on shares of Netflix in a report on Monday, July 21st. Finally, BMO Capital Markets reissued an “outperform” rating and set a $1,425.00 price objective (up previously from $1,200.00) on shares of Netflix in a report on Tuesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,337.63.

Insider Buying and Selling at Netflix

In related news, CEO Theodore A. Sarandos sold 2,026 shares of Netflix stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,160.62, for a total transaction of $2,351,416.12. Following the transaction, the chief executive officer owned 15,168 shares of the company’s stock, valued at $17,604,284.16. This trade represents a 11.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gregory K. Peters sold 2,026 shares of Netflix stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $1,157.44, for a total transaction of $2,344,973.44. Following the transaction, the chief executive officer directly owned 12,781 shares in the company, valued at $14,793,240.64. The trade was a 13.68% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 104,100 shares of company stock worth $122,710,980 over the last ninety days. 1.37% of the stock is owned by corporate insiders.

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.