Dynamic Advisor Solutions LLC Boosts Stake in Netflix, Inc. $NFLX

Dynamic Advisor Solutions LLC increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 58.0% during the second quarter, Holdings Channel.com reports. The fund owned 110,338 shares of the Internet television network’s stock after buying an additional 40,506 shares during the period. Dynamic Advisor Solutions LLC’s holdings in Netflix were worth $7,878,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Tlwm increased its position in shares of Netflix by 17.2% in the second quarter. Tlwm now owns 3,750 shares of the Internet television network’s stock valued at $268,000 after buying an additional 550 shares in the last quarter. Avior Wealth Management LLC increased its holdings in Netflix by 8.1% in the 2nd quarter. Avior Wealth Management LLC now owns 47,983 shares of the Internet television network’s stock worth $3,426,000 after acquiring an additional 3,580 shares in the last quarter. Harbor Investment Advisory LLC raised its position in Netflix by 9.2% during the second quarter. Harbor Investment Advisory LLC now owns 25,844 shares of the Internet television network’s stock worth $1,845,000 after acquiring an additional 2,180 shares during the period. Wisconsin Wealth Advisors LLC lifted its holdings in Netflix by 2.6% during the second quarter. Wisconsin Wealth Advisors LLC now owns 5,324 shares of the Internet television network’s stock valued at $380,000 after purchasing an additional 136 shares in the last quarter. Finally, Central Pacific Bank Trust Division grew its position in shares of Netflix by 6.3% in the second quarter. Central Pacific Bank Trust Division now owns 31,776 shares of the Internet television network’s stock valued at $2,269,000 after purchasing an additional 1,886 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

NFLX has been the topic of several research analyst reports. Wolfe Research reiterated an “outperform” rating and issued a $107.00 price objective on shares of Netflix in a report on Friday, April 17th. Stephens assumed coverage on Netflix in a research report on Friday, July 17th. They set an “overweight” rating for the company. Seaport Research Partners lowered Netflix from a “buy” rating to a “neutral” rating in a report on Monday, July 20th. Robert W. Baird set a $90.00 target price on shares of Netflix and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Finally, Phillip Securities upgraded shares of Netflix from a “moderate buy” rating to a “strong-buy” rating in a research report on Sunday, July 19th. Four analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seventeen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Netflix has a consensus rating of “Moderate Buy” and an average price target of $103.48.

Insider Activity

In other news, CEO Theodore A. Sarandos sold 105,850 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $73.03, for a total value of $7,730,225.50. Following the completion of the sale, the chief executive officer owned 206,266 shares of the company’s stock, valued at $15,063,605.98. This represents a 33.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Hyman sold 5,723 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total transaction of $416,920.55. Following the sale, the insider owned 316,100 shares of the company’s stock, valued at $23,027,885. This represents a 1.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 561,575 shares of company stock valued at $46,185,025 over the last three months. 1.24% of the stock is currently owned by company insiders.

Netflix Stock Up 0.9%

Shares of NFLX opened at $74.20 on Thursday. Netflix, Inc. has a 52-week low of $65.08 and a 52-week high of $126.71. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. The stock has a fifty day simple moving average of $75.81 and a two-hundred day simple moving average of $85.05. The company has a market capitalization of $308.96 billion, a PE ratio of 23.36, a price-to-earnings-growth ratio of 0.92 and a beta of 1.52.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The firm had revenue of $12.56 billion for the quarter, compared to analysts’ expectations of $12.58 billion. During the same quarter in the previous year, the company posted $0.72 EPS. The company’s revenue was up 13.4% compared to the same quarter last year. As a group, equities analysts forecast that Netflix, Inc. will post 3.59 EPS for the current year.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s cloud-gaming initiative is gaining traction, with monthly players reportedly increasing 11-fold since October. Investors may view this as a potential new engagement and growth engine beyond streaming and mobile games. Can NFLX Stock Compound Its Way Higher?
• Positive Sentiment: Some analysis argues that NFLX remains undervalued after its recent decline, citing Netflix’s scale, brand, content library and competitive moat. The company’s buybacks, strong profitability and lower valuation multiple could provide additional support. Netflix Faces Tougher Streaming Competition
• Neutral Sentiment: Options commentary recommends a calendar spread for investors expecting NFLX shares to remain relatively flat. This reflects a neutral near-term outlook rather than a clear directional catalyst. Netflix Calendar Spread: A Smart Play for a Neutral Outlook
• Neutral Sentiment: CEO Theodore Sarandos sold approximately $9.7 million of shares across two transactions, while insider David Hyman sold about $417,000. The sales were conducted under pre-arranged Rule 10b5-1 plans and were made to cover tax withholding on vested equity awards, reducing their signaling value. Netflix Insider Buying and Selling
• Negative Sentiment: Wall Street is increasingly concerned about Netflix’s engagement trends and the company’s decision to release less viewing data. Lower transparency may make it more difficult for investors to gauge content performance and user momentum. Wall Street Is Worried Netflix Has an Engagement Problem
• Negative Sentiment: YouTube Premium’s planned inclusion of Peacock and NBCUniversal sports content raises the competitive threat to Netflix by combining streaming entertainment and live sports in a broader bundle. This could pressure subscriber growth, viewing time and valuation. Is YouTube Going After Netflix?

Netflix Company Profile

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.