Private Capital Advisors Inc. Raises Position in Netflix, Inc. $NFLX

Private Capital Advisors Inc. boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 0.8% during the second quarter, Holdings Channel reports. The firm owned 27,294 shares of the Internet television network’s stock after purchasing an additional 205 shares during the quarter. Netflix comprises about 4.5% of Private Capital Advisors Inc.’s holdings, making the stock its 3rd biggest position. Private Capital Advisors Inc.’s holdings in Netflix were worth $36,550,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stephens Consulting LLC lifted its position in Netflix by 150.0% during the second quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock valued at $33,000 after purchasing an additional 15 shares during the period. Flaharty Asset Management LLC bought a new position in Netflix during the first quarter valued at approximately $37,000. Maseco LLP bought a new position in Netflix during the second quarter valued at approximately $39,000. LGT Financial Advisors LLC bought a new position in Netflix during the second quarter valued at approximately $40,000. Finally, Barnes Dennig Private Wealth Management LLC bought a new position in Netflix during the first quarter valued at approximately $42,000. Institutional investors own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on NFLX shares. Barclays reiterated a “sell” rating and issued a $1,100.00 price target (up from $1,000.00) on shares of Netflix in a research report on Wednesday, July 9th. Wedbush reiterated an “outperform” rating on shares of Netflix in a research report on Wednesday, October 15th. Piper Sandler increased their price target on shares of Netflix from $1,400.00 to $1,500.00 and gave the stock an “overweight” rating in a research report on Friday, July 18th. Citigroup reiterated a “neutral” rating and issued a $1,295.00 price target (up from $1,280.00) on shares of Netflix in a research report on Friday, October 3rd. Finally, Itau BBA Securities started coverage on shares of Netflix in a research report on Tuesday, October 7th. They issued an “outperform” rating and a $1,514.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $1,339.81.

Insider Transactions at Netflix

In other news, insider Cletus R. Willems sold 238 shares of the stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $1,153.52, for a total value of $274,537.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Theodore A. Sarandos sold 2,026 shares of the firm’s stock in a transaction 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 transaction, the chief executive officer directly owned 15,168 shares of the company’s stock, valued at $17,604,284.16. The trade was a 11.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 104,100 shares of company stock valued at $122,710,980. Company insiders own 1.37% of the company’s stock.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $1,241.35 on Wednesday. The firm has a fifty day moving average price of $1,214.20 and a 200-day moving average price of $1,182.49. 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 stock has a market cap of $527.49 billion, a PE ratio of 52.89, a price-to-earnings-growth ratio of 2.08 and a beta of 1.59. Netflix, Inc. has a 1 year low of $744.26 and a 1 year high of $1,341.15.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.88 by ($1.01). The firm had revenue of $11.51 billion during the quarter, compared to analysts’ expectations of $11.52 billion. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The business’s revenue for the quarter was up 17.2% on a year-over-year basis. During the same period last year, the company earned $5.40 earnings per share. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. Equities analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

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.