Ameliora Wealth Management Ltd. Acquires 79 Shares of Netflix, Inc. $NFLX

Ameliora Wealth Management Ltd. boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 15.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 604 shares of the Internet television network’s stock after buying an additional 79 shares during the period. Ameliora Wealth Management Ltd.’s holdings in Netflix were worth $809,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of NFLX. Resurgent Financial Advisors LLC boosted its stake in Netflix by 234.4% in the 1st quarter. Resurgent Financial Advisors LLC now owns 1,010 shares of the Internet television network’s stock worth $942,000 after purchasing an additional 708 shares during the period. MRA Advisory Group lifted its holdings in shares of Netflix by 28.4% in the second quarter. MRA Advisory Group now owns 919 shares of the Internet television network’s stock valued at $1,231,000 after purchasing an additional 203 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of Netflix by 42.1% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 441,861 shares of the Internet television network’s stock worth $412,059,000 after buying an additional 130,946 shares during the period. Sava Infond d.o.o. boosted its position in shares of Netflix by 25.1% during the second quarter. Sava Infond d.o.o. now owns 1,495 shares of the Internet television network’s stock worth $2,002,000 after buying an additional 300 shares during the period. Finally, McGlone Suttner Wealth Management Inc. grew its holdings in shares of Netflix by 1.4% during the second quarter. McGlone Suttner Wealth Management Inc. now owns 989 shares of the Internet television network’s stock worth $1,324,000 after buying an additional 14 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Insider Buying and Selling

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 stock was sold at an average price of $1,172.51, for a total value of $3,048,526.00. Following the sale, the chief financial officer owned 3,691 shares in the company, valued at $4,327,734.41. This represents a 41.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Gregory K. Peters sold 2,026 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total value of $2,344,973.44. Following the completion of the sale, the chief executive officer directly owned 12,781 shares of the company’s stock, valued at approximately $14,793,240.64. The trade was a 13.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 104,100 shares of company stock worth $122,710,980 in the last 90 days. 1.37% of the stock is owned by corporate insiders.

Netflix Price Performance

NASDAQ:NFLX opened at $1,163.31 on Tuesday. The stock has a market capitalization of $494.33 billion, a PE ratio of 49.57, a P/E/G ratio of 1.94 and a beta of 1.59. Netflix, Inc. has a 1-year low of $677.88 and a 1-year high of $1,341.15. The firm has a fifty day simple moving average of $1,207.13 and a 200 day simple moving average of $1,163.23. 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 (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 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 quarterly revenue was up 15.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $4.88 earnings per share. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. On average, research analysts expect that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have commented on NFLX. Needham & Company LLC restated a “buy” rating and issued a $1,500.00 target price on shares of Netflix in a research note on Wednesday, September 10th. BMO Capital Markets reiterated an “outperform” rating and issued a $1,425.00 price objective (up from $1,200.00) on shares of Netflix in a report on Tuesday, July 15th. TD Cowen boosted their price objective on shares of Netflix from $1,440.00 to $1,450.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. The Goldman Sachs Group reduced their target price on shares of Netflix from $1,310.00 to $1,300.00 and set a “neutral” rating for the company in a report on Tuesday, September 30th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Netflix in a research report on Saturday, September 27th. 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 issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,335.00.

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.