Roberts Wealth Advisors LLC Acquires Shares of 150 Netflix, Inc. $NFLX

Roberts Wealth Advisors LLC bought a new position in Netflix, Inc. (NASDAQ:NFLX) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 150 shares of the Internet television network’s stock, valued at approximately $201,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC increased its stake in Netflix by 100.0% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 13 shares in the last quarter. Maseco LLP purchased a new stake in shares of Netflix during the second quarter valued at approximately $39,000. Ransom Advisory Ltd purchased a new stake in shares of Netflix during the second quarter valued at approximately $47,000. Flaharty Asset Management LLC bought a new stake in shares of Netflix during the first quarter valued at approximately $37,000. Finally, Signature Resources Capital Management LLC raised its holdings in Netflix by 740.0% in the 2nd quarter. Signature Resources Capital Management LLC now owns 42 shares of the Internet television network’s stock worth $56,000 after acquiring an additional 37 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on NFLX. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,500.00 price objective on shares of Netflix in a research report on Wednesday, September 10th. BMO Capital Markets reaffirmed an “outperform” rating and set a $1,425.00 price objective (up from $1,200.00) on shares of Netflix in a research report on Tuesday, July 15th. The Goldman Sachs Group reduced their price objective on Netflix from $1,310.00 to $1,300.00 and set a “neutral” rating for the company in a report on Tuesday, September 30th. Barclays restated a “sell” rating and set a $1,100.00 target price (up previously from $1,000.00) on shares of Netflix in a research note on Wednesday, July 9th. Finally, TD Cowen lifted their price target on shares of Netflix from $1,440.00 to $1,450.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,335.00.

Netflix Price Performance

NASDAQ NFLX opened at $1,163.31 on Tuesday. The company has a 50-day moving average price of $1,207.13 and a 200-day moving average price of $1,163.23. Netflix, Inc. has a 52 week low of $677.88 and a 52 week high of $1,341.15. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58. The firm has a market capitalization of $494.33 billion, a P/E ratio of 49.57, a PEG ratio of 1.94 and a beta of 1.59.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.07 by $0.12. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The company had revenue of $11.08 billion for the quarter, compared to the consensus estimate of $11.04 billion. During the same quarter last year, the firm posted $4.88 earnings per share. The firm’s revenue was up 15.9% compared to the same quarter last year. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Equities research analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insider Activity

In other news, Director Reed Hastings sold 42,176 shares of the company’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $1,171.92, for a total value of $49,426,897.92. Following the completion of the sale, the director directly owned 394 shares in the company, valued at $461,736.48. This represents a 99.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Gregory K. Peters sold 2,026 shares of the firm’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $1,157.44, for a total value of $2,344,973.44. Following the completion of the transaction, the chief executive officer directly owned 12,781 shares in the company, valued at approximately $14,793,240.64. This represents a 13.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,100 shares of company stock worth $122,710,980. Company insiders own 1.37% of the company’s stock.

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.