Advisory Alpha LLC Grows Position in Netflix, Inc. $NFLX

Advisory Alpha LLC increased its holdings in Netflix, Inc. (NASDAQ:NFLX) by 12.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,308 shares of the Internet television network’s stock after acquiring an additional 257 shares during the quarter. Advisory Alpha LLC’s holdings in Netflix were worth $2,152,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Game Plan Financial Advisors LLC lifted its stake in Netflix by 2.0% in the first quarter. Game Plan Financial Advisors LLC now owns 502 shares of the Internet television network’s stock worth $468,000 after acquiring an additional 10 shares during the period. SCS Capital Management LLC purchased a new stake in Netflix in the first quarter worth about $1,572,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Netflix by 11.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,007,215 shares of the Internet television network’s stock valued at $2,804,318,000 after buying an additional 298,472 shares during the last quarter. Woodline Partners LP lifted its position in shares of Netflix by 21.9% during the first quarter. Woodline Partners LP now owns 28,425 shares of the Internet television network’s stock valued at $26,507,000 after buying an additional 5,103 shares during the last quarter. Finally, McIlrath & Eck LLC lifted its position in shares of Netflix by 25.9% during the first quarter. McIlrath & Eck LLC now owns 306 shares of the Internet television network’s stock valued at $285,000 after buying an additional 63 shares during the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Price Performance

Netflix stock opened at $1,244.76 on Tuesday. The company’s fifty day moving average price is $1,223.47 and its 200 day moving average price is $1,126.74. Netflix, Inc. has a 1 year low of $660.80 and a 1 year high of $1,341.15. The stock has a market capitalization of $528.93 billion, a P/E ratio of 53.04, a P/E/G ratio of 2.09 and a beta of 1.60. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.34 and a current ratio of 1.34.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.07 by $0.12. The firm had revenue of $11.08 billion for 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% compared to the same quarter last year. During the same quarter last year, the company earned $4.88 EPS. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. As a group, equities research analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on NFLX. BMO Capital Markets reissued an “outperform” rating and set a $1,425.00 price target (up from $1,200.00) on shares of Netflix in a research report on Tuesday, July 15th. Sanford C. Bernstein increased their price target on shares of Netflix from $1,200.00 to $1,390.00 and gave the company an “outperform” rating in a research report on Thursday, July 17th. Rosenblatt Securities increased their price objective on shares of Netflix from $1,514.00 to $1,515.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Wolfe Research set a $1,340.00 target price on shares of Netflix and gave the stock an “outperform” rating in a research report on Friday, May 16th. Finally, Canaccord Genuity Group reissued a “buy” rating on shares of Netflix in a research report on Thursday, July 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,317.58.

Insider Buying and Selling

In other news, CEO Theodore A. Sarandos sold 2,026 shares of Netflix stock in a transaction on Tuesday, August 5th. The stock was 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 in the company, valued at $17,604,284.16. The trade was a 11.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Reed Hastings sold 25,959 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $1,207.71, for a total transaction of $31,350,943.89. Following the completion of the sale, the director directly owned 394 shares in the company, valued at $475,837.74. This trade represents a 98.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 89,348 shares of company stock worth $109,498,489 in the last quarter. 1.37% of the stock is currently owned by insiders.

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.