Generali Investments CEE investicni spolecnost a.s. Raises Holdings in Netflix, Inc. $NFLX

Generali Investments CEE investicni spolecnost a.s. increased its position in Netflix, Inc. (NASDAQ:NFLX) by 2.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 5,660 shares of the Internet television network’s stock after buying an additional 113 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Netflix were worth $7,579,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Halbert Hargrove Global Advisors LLC raised its position in shares of Netflix by 100.0% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock worth $25,000 after buying an additional 13 shares during the period. Flaharty Asset Management LLC acquired a new stake in Netflix in the 1st quarter valued at $37,000. Maseco LLP acquired a new stake in Netflix in the 2nd quarter valued at $39,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Netflix in the 1st quarter valued at $42,000. Finally, 1248 Management LLC acquired a new stake in Netflix in the 1st quarter valued at $43,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NFLX has been the subject of several recent research reports. Sanford C. Bernstein increased their price target on Netflix from $1,200.00 to $1,390.00 and gave the company an “outperform” rating in a report on Thursday, July 17th. The Goldman Sachs Group lowered their price target on Netflix from $1,310.00 to $1,300.00 and set a “neutral” rating for the company in a report on Tuesday. Wedbush reiterated an “outperform” rating and issued a $1,500.00 price target (up from $1,400.00) on shares of Netflix in a report on Monday, July 14th. Zacks Research downgraded Netflix from a “strong-buy” rating to a “hold” rating in a report on Monday, September 1st. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Netflix in a report on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and a consensus target price of $1,334.03.

Insiders Place Their Bets

In related news, Director Reed Hastings sold 25,959 shares of Netflix stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $1,207.71, for a total value of $31,350,943.89. Following the completion of the transaction, the director directly owned 394 shares in the company, valued at approximately $475,837.74. This trade represents a 98.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gregory K. Peters sold 2,026 shares of Netflix stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $1,157.44, for a total value of $2,344,973.44. Following the completion of the transaction, the chief executive officer owned 12,781 shares of the company’s stock, valued at $14,793,240.64. This trade represents a 13.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 59,324 shares of company stock valued at $70,235,556. 1.37% of the stock is owned by company insiders.

Netflix Stock Down 0.6%

Shares of Netflix stock opened at $1,198.92 on Wednesday. The business has a 50-day moving average of $1,208.39 and a 200-day moving average of $1,155.85. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.34 and a quick ratio of 1.34. The company has a market capitalization of $509.46 billion, a PE ratio of 51.08, a P/E/G ratio of 2.03 and a beta of 1.60. Netflix, Inc. has a 1-year low of $677.88 and a 1-year high of $1,341.15.

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

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.