Netflix, Inc. $NFLX Stock Holdings Increased by Worth Financial Advisory Group LLC

Worth Financial Advisory Group LLC increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 13.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 678 shares of the Internet television network’s stock after purchasing an additional 79 shares during the quarter. Worth Financial Advisory Group LLC’s holdings in Netflix were worth $908,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Resurgent Financial Advisors LLC boosted its position in Netflix by 234.4% during the first quarter. Resurgent Financial Advisors LLC now owns 1,010 shares of the Internet television network’s stock valued at $942,000 after purchasing an additional 708 shares during the last quarter. MRA Advisory Group raised its stake in shares of Netflix by 28.4% during the 2nd quarter. MRA Advisory Group now owns 919 shares of the Internet television network’s stock worth $1,231,000 after purchasing an additional 203 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of Netflix by 42.1% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 441,861 shares of the Internet television network’s stock valued at $412,059,000 after buying an additional 130,946 shares during the last quarter. McGlone Suttner Wealth Management Inc. grew its stake in shares of Netflix by 1.4% in the 2nd quarter. McGlone Suttner Wealth Management Inc. now owns 989 shares of the Internet television network’s stock valued at $1,324,000 after buying an additional 14 shares in the last quarter. Finally, New England Research & Management Inc. increased its holdings in Netflix by 148.5% in the first quarter. New England Research & Management Inc. now owns 2,122 shares of the Internet television network’s stock worth $1,979,000 after buying an additional 1,268 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on NFLX shares. Rosenblatt Securities lifted their target price on shares of Netflix from $1,514.00 to $1,515.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Needham & Company LLC reiterated a “buy” rating and issued a $1,500.00 price objective on shares of Netflix in a report on Wednesday, September 10th. Oppenheimer raised their target price on Netflix from $1,200.00 to $1,425.00 and gave the company an “outperform” rating in a report on Thursday, June 12th. JPMorgan Chase & Co. upped their price target on Netflix from $1,230.00 to $1,300.00 and gave the stock a “neutral” rating in a research note on Friday, July 18th. Finally, Seaport Res Ptn downgraded Netflix from a “strong-buy” rating to a “hold” rating in a research note on Sunday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and an average target price of $1,328.87.

Netflix Stock Up 0.2%

NFLX opened at $1,210.61 on Friday. The company has a market capitalization of $514.42 billion, a P/E ratio of 51.58, a P/E/G ratio of 2.04 and a beta of 1.60. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.34 and a quick ratio of 1.34. The firm’s fifty day moving average price is $1,208.75 and its two-hundred day moving average price is $1,151.70. Netflix, Inc. has a fifty-two week low of $677.88 and a fifty-two week high of $1,341.15.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, July 17th. The Internet television network reported $7.19 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 during the quarter, compared to the consensus estimate of $11.04 billion. During the same period last year, the firm earned $4.88 EPS. The firm’s revenue for the quarter 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. On average, analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Activity at Netflix

In other news, Director Reed Hastings sold 25,959 shares of the company’s stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $1,207.71, for a total value of $31,350,943.89. Following the sale, the director directly owned 394 shares in the company, valued at approximately $475,837.74. This represents a 98.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Cletus R. Willems sold 238 shares of the stock in a transaction that occurred on Wednesday, August 6th. The stock was 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. In the last ninety days, insiders sold 88,728 shares of company stock valued at $108,700,648. Corporate insiders own 1.37% of the company’s stock.

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.