Park Capital Management LLC WI Raises Holdings in Netflix, Inc. $NFLX

Park Capital Management LLC WI lifted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 65.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,147 shares of the Internet television network’s stock after purchasing an additional 455 shares during the period. Netflix comprises approximately 1.4% of Park Capital Management LLC WI’s holdings, making the stock its 11th biggest holding. Park Capital Management LLC WI’s holdings in Netflix were worth $1,536,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Halbert Hargrove Global Advisors LLC increased its stake in shares of Netflix by 100.0% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 13 shares in the last quarter. Brown Shipley& Co Ltd acquired a new stake in Netflix during the fourth quarter worth approximately $27,000. Ransom Advisory Ltd acquired a new stake in Netflix during the second quarter worth approximately $47,000. Flaharty Asset Management LLC acquired a new stake in Netflix during the first quarter worth approximately $37,000. Finally, Copia Wealth Management acquired a new stake in Netflix during the fourth quarter worth approximately $37,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Price Performance

NFLX opened at $1,228.50 on Thursday. The company has a 50-day moving average of $1,213.71 and a 200-day moving average of $1,136.26. The company has a market capitalization of $522.02 billion, a P/E ratio of 52.34, a PEG ratio of 2.02 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. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.34 and a current ratio of 1.34.

Netflix (NASDAQ:NFLX) last released its earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share for the quarter, topping 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 net margin of 24.58% and a return on equity of 42.50%. The company’s revenue was up 15.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $4.88 EPS. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Equities analysts expect that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Cletus R. Willems sold 238 shares of the business’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $1,153.52, for a total value of $274,537.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gregory K. Peters sold 2,026 shares of the business’s stock in a transaction dated 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 directly 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 disclosure for this sale can be found here. In the last three months, insiders have sold 89,348 shares of company stock worth $109,498,489. 1.37% of the stock is currently owned by insiders.

Analysts Set New Price Targets

NFLX has been the topic of a number of analyst reports. Needham & Company LLC restated a “buy” rating and set a $1,500.00 target price on shares of Netflix in a research report on Wednesday, September 10th. JPMorgan Chase & Co. raised their target price on shares of Netflix from $1,230.00 to $1,300.00 and gave the stock a “neutral” rating in a research report on Friday, July 18th. Zacks Research lowered shares of Netflix from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 1st. Bank of America lifted their price target on shares of Netflix from $1,175.00 to $1,490.00 and gave the company a “buy” rating in a report on Friday, May 30th. Finally, KeyCorp lifted their price target on shares of Netflix from $1,070.00 to $1,390.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Netflix presently has a consensus rating of “Moderate Buy” and an average price target of $1,328.87.

Netflix Company 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.