Fielder Capital Group LLC Reduces Stake in Netflix, Inc. $NFLX

Fielder Capital Group LLC lowered its position in Netflix, Inc. (NASDAQ:NFLX) by 1.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 990 shares of the Internet television network’s stock after selling 11 shares during the period. Fielder Capital Group LLC’s holdings in Netflix were worth $1,326,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Optima Capital LLC boosted its position in Netflix by 3.5% in the 2nd quarter. Optima Capital LLC now owns 239 shares of the Internet television network’s stock worth $320,000 after purchasing an additional 8 shares in the last quarter. Unified Investment Management boosted its position in Netflix by 1.7% in the 2nd quarter. Unified Investment Management now owns 474 shares of the Internet television network’s stock worth $635,000 after purchasing an additional 8 shares in the last quarter. Plancorp LLC boosted its position in Netflix by 0.6% in the 2nd quarter. Plancorp LLC now owns 1,278 shares of the Internet television network’s stock worth $1,711,000 after purchasing an additional 8 shares in the last quarter. Five Oceans Advisors boosted its position in Netflix by 1.1% in the 2nd quarter. Five Oceans Advisors now owns 751 shares of the Internet television network’s stock worth $1,006,000 after purchasing an additional 8 shares in the last quarter. Finally, Old Port Advisors boosted its position in Netflix by 1.3% in the 2nd quarter. Old Port Advisors now owns 624 shares of the Internet television network’s stock worth $836,000 after purchasing an additional 8 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insider Transactions at Netflix

In related news, insider David A. Hyman sold 424 shares of the stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $1,158.67, for a total value of $491,276.08. Following the completion of the transaction, the insider directly owned 31,610 shares of the company’s stock, valued at approximately $36,625,558.70. This represents a 1.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Theodore A. Sarandos sold 2,026 shares of the stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $1,160.62, for a total value of $2,351,416.12. Following the completion of the transaction, the chief executive officer directly owned 15,168 shares of the company’s stock, valued at approximately $17,604,284.16. This represents a 11.78% 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 quarter. 1.37% of the stock is owned by insiders.

Netflix Stock Down 1.7%

NASDAQ NFLX opened at $1,094.69 on Friday. The business has a fifty day moving average price of $1,207.21 and a 200 day moving average price of $1,185.28. Netflix, Inc. has a one year low of $747.77 and a one year high of $1,341.15. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.33. The company has a market cap of $463.85 billion, a P/E ratio of 45.73, a P/E/G ratio of 1.92 and a beta of 1.59.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, October 21st. The Internet television network reported $5.87 EPS for the quarter, missing the consensus estimate of $6.88 by ($1.01). Netflix had a net margin of 24.05% and a return on equity of 41.86%. The firm had revenue of $11.51 billion during the quarter, compared to analyst estimates of $11.52 billion. During the same period in the prior year, the company posted $5.40 earnings per share. The firm’s revenue for the quarter was up 17.2% compared to the same quarter last year. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. Research analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NFLX has been the topic of several recent research reports. Seaport Res Ptn upgraded Netflix from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 6th. Guggenheim restated a “buy” rating and issued a $1,450.00 price objective on shares of Netflix in a research report on Wednesday. Robert W. Baird increased their target price on Netflix from $1,300.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Wedbush decreased their target price on Netflix from $1,500.00 to $1,400.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, Zacks Research lowered Netflix from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 1st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and an average price target of $1,352.78.

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.