Realta Investment Advisors Acquires 28 Shares of Netflix, Inc. $NFLX

Realta Investment Advisors boosted its stake in Netflix, Inc. (NASDAQ:NFLX) by 1.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 2,426 shares of the Internet television network’s stock after buying an additional 28 shares during the quarter. Netflix comprises 1.3% of Realta Investment Advisors’ holdings, making the stock its 17th largest holding. Realta Investment Advisors’ holdings in Netflix were worth $3,249,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of NFLX. Vanguard Group Inc. raised its stake in Netflix by 1.4% during the first quarter. Vanguard Group Inc. now owns 37,997,260 shares of the Internet television network’s stock valued at $35,433,585,000 after buying an additional 509,255 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Netflix by 2.7% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,732,066 shares of the Internet television network’s stock valued at $10,940,505,000 after purchasing an additional 304,399 shares during the period. Alliancebernstein L.P. increased its holdings in Netflix by 1.0% during the first quarter. Alliancebernstein L.P. now owns 5,194,939 shares of the Internet television network’s stock valued at $4,844,436,000 after buying an additional 53,611 shares during the last quarter. Invesco Ltd. raised its holdings in Netflix by 8.3% in the 1st quarter. Invesco Ltd. now owns 4,664,818 shares of the Internet television network’s stock worth $4,350,083,000 after purchasing an additional 356,617 shares during the period. Finally, Wellington Management Group LLP lifted its position in shares of Netflix by 3.5% during the 1st quarter. Wellington Management Group LLP now owns 4,385,666 shares of the Internet television network’s stock valued at $4,089,765,000 after buying an additional 148,675 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Netflix Price Performance

NASDAQ:NFLX opened at $1,153.32 on Friday. The firm has a market cap of $490.08 billion, a price-to-earnings ratio of 49.14, a PEG ratio of 1.94 and a beta of 1.59. Netflix, Inc. has a one year low of $677.88 and a one year high of $1,341.15. The firm’s fifty day moving average is $1,207.36 and its two-hundred day moving average is $1,160.35. 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 announced its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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%.Netflix’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same period in the previous year, the company posted $4.88 earnings per share. 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.

Analysts Set New Price Targets

A number of research analysts recently weighed in on NFLX shares. Pivotal Research restated a “buy” rating on shares of Netflix in a research note on Thursday, July 10th. Oppenheimer raised their price objective on Netflix from $1,200.00 to $1,425.00 and gave the company an “outperform” rating in a research note on Thursday, June 12th. The Goldman Sachs Group reduced their price objective on shares of Netflix from $1,310.00 to $1,300.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 30th. TD Cowen boosted their target price on shares of Netflix from $1,440.00 to $1,450.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Finally, Seaport Res Ptn cut Netflix from a “strong-buy” rating to a “hold” rating in a research note on Sunday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,335.00.

Insider Buying and Selling

In other Netflix news, CFO Spencer Adam Neumann sold 2,600 shares of the stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $1,172.51, for a total value of $3,048,526.00. Following the completion of the sale, the chief financial officer owned 3,691 shares in the company, valued at approximately $4,327,734.41. This represents a 41.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Cletus R. Willems sold 238 shares of the company’s stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $1,153.52, for a total value of $274,537.76. The disclosure for this sale can be found here. Insiders have sold 104,100 shares of company stock worth $122,710,980 in the last 90 days. 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.