Oarsman Capital Inc. Purchases 21 Shares of Netflix, Inc. $NFLX

Oarsman Capital Inc. increased its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 4.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 449 shares of the Internet television network’s stock after buying an additional 21 shares during the period. Oarsman Capital Inc.’s holdings in Netflix were worth $601,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Stephens Consulting LLC increased its stake in Netflix by 150.0% in the second quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock valued at $33,000 after purchasing an additional 15 shares in the last quarter. Rossby Financial LCC bought a new stake in Netflix in the second quarter valued at $35,000. Flaharty Asset Management LLC bought a new stake in Netflix in the first quarter valued at $37,000. Maseco LLP bought a new stake in Netflix in the second quarter valued at $39,000. Finally, LGT Financial Advisors LLC bought a new stake in Netflix in the second quarter valued at $40,000. Institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on NFLX shares. Itau BBA Securities started coverage on shares of Netflix in a research note on Tuesday, October 7th. They issued an “outperform” rating and a $1,514.00 price target for the company. Arete lifted their price target on shares of Netflix from $833.00 to $1,084.00 and gave the company a “neutral” rating in a research note on Tuesday. Guggenheim reiterated a “buy” rating and set a $1,450.00 price objective on shares of Netflix in a report on Wednesday, October 22nd. UBS Group set a $1,500.00 price objective on shares of Netflix in a report on Wednesday, October 22nd. Finally, Barclays reiterated a “sell” rating and set a $1,100.00 price objective (up from $1,000.00) on shares of Netflix in a report on Wednesday, July 9th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,341.12.

Insider Buying and Selling at Netflix

In related news, CEO Gregory K. Peters sold 2,026 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total transaction of $2,344,973.44. Following the sale, the chief executive officer owned 12,781 shares of the company’s stock, valued at approximately $14,793,240.64. This represents a 13.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Cletus R. Willems sold 238 shares of the stock in a transaction on Wednesday, August 6th. The stock was sold at an average price of $1,153.52, for a total transaction of $274,537.76. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 104,100 shares of company stock worth $122,710,980 in the last ninety days. Insiders own 1.37% of the company’s stock.

Netflix Stock Down 0.2%

Netflix stock opened at $1,100.41 on Thursday. Netflix, Inc. has a fifty-two week low of $747.77 and a fifty-two week high of $1,341.15. The stock has a market cap of $466.28 billion, a PE ratio of 45.97, a price-to-earnings-growth ratio of 1.91 and a beta of 1.59. The firm’s 50-day simple moving average is $1,199.70 and its 200 day simple moving average is $1,192.74. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33.

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

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.