Netflix (NASDAQ:NFLX) Shares Up 1.2% – Should You Buy?

Netflix, Inc. (NASDAQ:NFLX) traded up 1.2% during mid-day trading on Friday . The stock traded as high as $96.92 and last traded at $95.19. 45,965,168 shares changed hands during trading, an increase of 13% from the average session volume of 40,747,086 shares. The stock had previously closed at $94.09.

Analysts Set New Price Targets

NFLX has been the subject of a number of research analyst reports. Rosenblatt Securities reissued a “neutral” rating and set a $105.00 price target (down previously from $152.00) on shares of Netflix in a report on Monday, December 8th. Seaport Res Ptn raised Netflix from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Argus set a $141.00 target price on Netflix in a research note on Thursday, October 23rd. Loop Capital cut their price target on Netflix from $135.00 to $132.50 in a report on Wednesday, October 22nd. Finally, Wedbush cut their price target on Netflix from $150.00 to $140.00 and set an “outperform” rating for the company in a research note on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $130.87.

Netflix Stock Performance

The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $403.35 billion, a P/E ratio of 39.76, a P/E/G ratio of 1.41 and a beta of 1.71. The company’s fifty day moving average is $110.58 and its 200 day moving average is $118.30.

Netflix (NASDAQ:NFLX) last issued its earnings results on Tuesday, October 21st. The Internet television network reported $5.87 EPS for the quarter, topping the consensus estimate of $0.69 by $5.18. The business had revenue of $11.32 billion during the quarter, compared to the consensus estimate of $11.52 billion. Netflix had a return on equity of 41.86% and a net margin of 24.05%.The firm’s revenue was up 17.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 EPS. Netflix has set its Q4 2025 guidance at 5.450-5.450 EPS. As a group, equities analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insider Activity

In other Netflix news, CEO Gregory K. Peters sold 20,270 shares of the company’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $109.57, for a total value of $2,220,943.36. Following the transaction, the chief executive officer directly owned 127,810 shares in the company, valued at $14,003,886.08. This represents a 13.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Theodore A. Sarandos sold 20,270 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $109.21, for a total value of $2,213,646.16. Following the completion of the sale, the chief executive officer directly owned 151,680 shares in the company, valued at approximately $16,564,669.44. The trade was a 11.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,619,840 shares of company stock worth $181,648,613. Company insiders own 1.37% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Brighton Jones LLC lifted its holdings in shares of Netflix by 5.0% during the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after acquiring an additional 257 shares during the last quarter. Revolve Wealth Partners LLC raised its position in Netflix by 16.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after purchasing an additional 144 shares in the last quarter. Tocqueville Asset Management L.P. lifted its stake in Netflix by 234.5% during the first quarter. Tocqueville Asset Management L.P. now owns 8,114 shares of the Internet television network’s stock worth $7,567,000 after purchasing an additional 5,688 shares during the last quarter. Boston Family Office LLC boosted its holdings in shares of Netflix by 650.1% in the 1st quarter. Boston Family Office LLC now owns 4,373 shares of the Internet television network’s stock worth $4,078,000 after purchasing an additional 3,790 shares in the last quarter. Finally, Schneider Downs Wealth Management Advisors LP increased its position in shares of Netflix by 6.4% during the 1st quarter. Schneider Downs Wealth Management Advisors LP now owns 667 shares of the Internet television network’s stock valued at $622,000 after purchasing an additional 40 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

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.