Mn Services Vermogensbeheer B.V. Sells 400 Shares of Netflix, Inc. $NFLX

Mn Services Vermogensbeheer B.V. decreased its stake in Netflix, Inc. (NASDAQ:NFLX) by 0.2% during the second quarter, Holdings Channel.com reports. The institutional investor owned 160,400 shares of the Internet television network’s stock after selling 400 shares during the quarter. Netflix accounts for about 1.5% of Mn Services Vermogensbeheer B.V.’s portfolio, making the stock its 11th largest position. Mn Services Vermogensbeheer B.V.’s holdings in Netflix were worth $214,796,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Halbert Hargrove Global Advisors LLC increased its holdings in shares of Netflix by 100.0% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock worth $25,000 after buying an additional 13 shares during the last quarter. Brown Shipley& Co Ltd bought a new position in shares of Netflix in the 4th quarter worth $27,000. Ransom Advisory Ltd bought a new position in shares of Netflix in the 2nd quarter worth $47,000. Flaharty Asset Management LLC bought a new position in shares of Netflix during the 1st quarter valued at $37,000. Finally, Copia Wealth Management bought a new position in shares of Netflix during the 4th quarter valued at $37,000. Institutional investors own 80.93% of the company’s stock.

Insider Buying and Selling at Netflix

In related news, CEO Gregory K. Peters sold 2,026 shares of Netflix 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 completion of the transaction, the chief executive officer directly owned 12,781 shares of the company’s stock, valued at $14,793,240.64. This trade represents a 13.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Reed Hastings sold 25,959 shares of Netflix stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $1,207.71, for a total transaction of $31,350,943.89. Following the transaction, the director directly owned 394 shares of the company’s stock, valued at approximately $475,837.74. This trade represents a 98.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 89,348 shares of company stock valued at $109,498,489. Insiders own 1.37% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Robert W. Baird increased their target price on shares of Netflix from $1,300.00 to $1,500.00 and gave the company an “outperform” rating in a report on Monday, July 21st. The Goldman Sachs Group increased their target price on shares of Netflix from $1,000.00 to $1,140.00 and gave the company a “neutral” rating in a report on Wednesday, July 2nd. Rosenblatt Securities increased their target price on shares of Netflix from $1,514.00 to $1,515.00 and gave the company a “buy” rating in a report on Friday, July 18th. Wedbush reaffirmed an “outperform” rating and set a $1,500.00 target price (up previously from $1,400.00) on shares of Netflix in a report on Monday, July 14th. Finally, Morgan Stanley reaffirmed an “equal weight” rating on shares of Netflix in a report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Netflix has an average rating of “Moderate Buy” and an average price target of $1,328.87.

Netflix Trading Up 2.3%

Shares of NFLX opened at $1,228.50 on Thursday. The firm’s 50-day moving average price is $1,213.71 and its 200-day moving average price is $1,136.26. The firm has a market capitalization of $522.02 billion, a price-to-earnings ratio of 52.34, a PEG ratio of 2.02 and a beta of 1.60. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. Netflix, Inc. has a 1-year low of $677.88 and a 1-year high of $1,341.15.

Netflix (NASDAQ:NFLX) last issued 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. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The company had revenue of $11.08 billion during the quarter, compared to analysts’ expectations of $11.04 billion. During the same period last year, the company posted $4.88 EPS. Netflix’s revenue was up 15.9% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Sell-side analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current 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.