Netflix, Inc. $NFLX Shares Sold by Lion Street Advisors LLC

Lion Street Advisors LLC decreased its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 13.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 549 shares of the Internet television network’s stock after selling 85 shares during the quarter. Lion Street Advisors LLC’s holdings in Netflix were worth $735,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of NFLX. Brighton Jones LLC raised its holdings in Netflix by 5.0% in the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock valued at $4,804,000 after buying an additional 257 shares during the period. Revolve Wealth Partners LLC raised its holdings in Netflix by 16.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after buying an additional 144 shares during the period. GAMMA Investing LLC raised its holdings in Netflix by 17.6% in the 1st quarter. GAMMA Investing LLC now owns 9,475 shares of the Internet television network’s stock valued at $8,836,000 after buying an additional 1,415 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in Netflix by 28.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 91,054 shares of the Internet television network’s stock valued at $84,909,000 after buying an additional 20,152 shares during the period. Finally, Tcfg Wealth Management LLC raised its holdings in Netflix by 3.0% in the 1st quarter. Tcfg Wealth Management LLC now owns 442 shares of the Internet television network’s stock valued at $412,000 after buying an additional 13 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Stock Down 0.9%

NFLX stock opened at $1,220.08 on Monday. The company’s 50 day moving average price is $1,210.84 and its 200 day moving average price is $1,169.80. 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, Inc. has a fifty-two week low of $677.88 and a fifty-two week high of $1,341.15. The firm has a market capitalization of $518.45 billion, a price-to-earnings ratio of 51.98, a PEG ratio of 2.05 and a beta of 1.59.

Netflix (NASDAQ:NFLX) last released its earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share 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 firm had revenue of $11.08 billion for the quarter, compared to analyst estimates of $11.04 billion. During the same period in the prior year, the firm earned $4.88 earnings per share. The business’s quarterly 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. On average, equities research analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

NFLX has been the topic of several research analyst reports. Wall Street Zen lowered shares of Netflix from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Sanford C. Bernstein boosted their price target on shares of Netflix from $1,200.00 to $1,390.00 and gave the stock an “outperform” rating in a research note on Thursday, July 17th. Rosenblatt Securities boosted their price target on shares of Netflix from $1,514.00 to $1,515.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Wells Fargo & Company boosted their price target on shares of Netflix from $1,500.00 to $1,560.00 and gave the stock an “overweight” rating in a research note on Friday, July 18th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $1,500.00 price target on shares of Netflix in a research note on Wednesday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,337.63.

Insider Activity

In related news, CEO Theodore A. Sarandos sold 2,026 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,160.62, for a total transaction of $2,351,416.12. Following the sale, the chief executive officer directly owned 15,168 shares in the company, valued at approximately $17,604,284.16. This represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a 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 stock was sold at an average price of $1,153.52, for a total transaction of $274,537.76. The disclosure for this sale can be found here. In the last three months, insiders sold 104,100 shares of company stock valued at $122,710,980. 1.37% of the stock is owned by corporate 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.