Netflix, Inc. $NFLX Shares Purchased by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton lifted its position in Netflix, Inc. (NASDAQ:NFLX) by 2.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 448 shares of the Internet television network’s stock after purchasing an additional 9 shares during the quarter. Rosenberg Matthew Hamilton’s holdings in Netflix were worth $600,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Optima Capital LLC boosted its position in shares of Netflix by 3.5% in the 2nd quarter. Optima Capital LLC now owns 239 shares of the Internet television network’s stock valued at $320,000 after purchasing an additional 8 shares during the period. Unified Investment Management increased 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 valued at $635,000 after acquiring an additional 8 shares during the period. Plancorp LLC increased 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 valued at $1,711,000 after acquiring an additional 8 shares during the period. Five Oceans Advisors increased 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 valued at $1,006,000 after acquiring an additional 8 shares during the period. Finally, Old Port Advisors increased 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 valued at $836,000 after acquiring an additional 8 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NFLX has been the topic of several recent research reports. Weiss Ratings restated a “buy (b)” rating on shares of Netflix in a research report on Wednesday, October 8th. Needham & Company LLC restated a “buy” rating and issued a $1,500.00 price target on shares of Netflix in a research report on Wednesday, September 10th. Loop Capital upgraded Netflix from a “hold” rating to a “buy” rating and boosted their price target for the company from $1,150.00 to $1,350.00 in a research report on Wednesday, September 17th. KeyCorp boosted their price target on Netflix from $1,070.00 to $1,390.00 and gave the company an “overweight” rating in a research report on Thursday, July 10th. Finally, Seaport Res Ptn upgraded Netflix from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,337.63.

Netflix Stock Performance

NASDAQ NFLX opened at $1,215.35 on Wednesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. The business’s 50 day moving average is $1,213.15 and its two-hundred day moving average is $1,172.10. Netflix, Inc. has a 12-month low of $677.88 and a 12-month high of $1,341.15. The stock has a market capitalization of $516.43 billion, a price-to-earnings ratio of 51.78, a PEG ratio of 2.05 and a beta of 1.59.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share for the quarter, topping analysts’ consensus estimates of $7.07 by $0.12. The business had revenue of $11.08 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.88 EPS. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Research analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

Insiders Place Their Bets

In related 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 position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Theodore A. Sarandos sold 2,026 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $1,160.62, for a total value of $2,351,416.12. Following the completion of the sale, the chief executive officer owned 15,168 shares in the company, valued at approximately $17,604,284.16. This represents a 11.78% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 104,100 shares of company stock worth $122,710,980. 1.37% of the stock is owned by insiders.

Netflix 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.