Capital Advisors Inc. OK Acquires 77 Shares of Netflix, Inc. $NFLX

Capital Advisors Inc. OK boosted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 1.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 6,968 shares of the Internet television network’s stock after purchasing an additional 77 shares during the period. Capital Advisors Inc. OK’s holdings in Netflix were worth $9,331,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of NFLX. Halbert Hargrove Global Advisors LLC increased its position in shares of Netflix by 100.0% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock valued at $25,000 after buying an additional 13 shares during the period. Flaharty Asset Management LLC purchased a new stake in Netflix in the first quarter worth about $37,000. Maseco LLP purchased a new stake in shares of Netflix during the second quarter valued at approximately $39,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Netflix during the first quarter valued at approximately $42,000. Finally, 1248 Management LLC purchased a new stake in shares of Netflix during the first quarter valued at approximately $43,000. 80.93% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Reed Hastings sold 42,176 shares of the business’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $1,171.92, for a total value of $49,426,897.92. Following the sale, the director directly owned 394 shares in the company, valued at $461,736.48. The trade was a 99.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Spencer Adam Neumann sold 2,600 shares of the business’s stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $1,172.51, for a total transaction of $3,048,526.00. Following the completion of the sale, the chief financial officer owned 3,691 shares in the company, valued at $4,327,734.41. This represents a 41.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 104,100 shares of company stock worth $122,710,980. 1.37% of the stock is owned by company insiders.

Netflix Stock Performance

Shares of NFLX opened at $1,153.32 on Monday. The company’s 50 day simple moving average is $1,207.36 and its 200-day simple moving average is $1,161.81. Netflix, Inc. has a 12-month low of $677.88 and a 12-month high of $1,341.15. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. The firm has a market cap of $490.08 billion, a PE ratio of 49.14, a price-to-earnings-growth 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 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 firm had revenue of $11.08 billion for the quarter, compared to analyst estimates of $11.04 billion. During the same period last year, the firm posted $4.88 EPS. Netflix’s quarterly 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. As a group, equities analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.

Wall Street Analyst Weigh In

NFLX has been the topic of a number of research analyst reports. UBS Group restated a “market underperform” rating on shares of Netflix in a research report on Saturday, July 19th. Rosenblatt Securities raised 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. Phillip Securities lowered shares of Netflix from a “hold” rating to a “strong sell” rating in a report on Monday, July 21st. Wall Street Zen lowered shares of Netflix from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, BMO Capital Markets restated an “outperform” rating and issued a $1,425.00 price target (up previously from $1,200.00) on shares of Netflix in a report on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,335.00.

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.