CAP Partners LLC Invests $233,000 in Netflix, Inc. $NFLX

CAP Partners LLC purchased a new position in shares of Netflix, Inc. (NASDAQ:NFLX) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 174 shares of the Internet television network’s stock, valued at approximately $233,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Optima Capital LLC raised its stake in Netflix by 3.5% during the second quarter. Optima Capital LLC now owns 239 shares of the Internet television network’s stock worth $320,000 after acquiring an additional 8 shares during the period. Unified Investment Management raised its stake in Netflix by 1.7% during the second quarter. Unified Investment Management now owns 474 shares of the Internet television network’s stock worth $635,000 after acquiring an additional 8 shares during the period. Plancorp LLC raised its stake in Netflix by 0.6% during the second quarter. Plancorp LLC now owns 1,278 shares of the Internet television network’s stock worth $1,711,000 after acquiring an additional 8 shares during the period. Five Oceans Advisors raised its stake in Netflix by 1.1% during the second quarter. Five Oceans Advisors now owns 751 shares of the Internet television network’s stock worth $1,006,000 after acquiring an additional 8 shares during the period. Finally, Old Port Advisors raised its stake in Netflix by 1.3% during the second quarter. Old Port Advisors now owns 624 shares of the Internet television network’s stock worth $836,000 after acquiring an additional 8 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $1,113.59 on Friday. The firm’s 50 day moving average is $1,210.10 and its two-hundred day moving average is $1,183.73. Netflix, Inc. has a 52 week low of $746.25 and a 52 week high of $1,341.15. The firm has a market capitalization of $473.19 billion, a P/E ratio of 46.52, a PEG ratio of 1.89 and a beta of 1.59. The company has a current ratio of 1.33, a quick ratio of 1.34 and a debt-to-equity ratio of 0.56.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.88 by ($1.01). The company had revenue of $11.51 billion during the quarter, compared to the consensus estimate of $11.52 billion. Netflix had a net margin of 24.05% and a return on equity of 41.86%. The company’s revenue was up 17.2% on a year-over-year basis. During the same quarter last year, the business earned $5.40 earnings per share. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. Analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on NFLX shares. Seaport Res Ptn upgraded shares of Netflix from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Morgan Stanley set a $1,500.00 price objective on shares of Netflix in a research note on Monday, October 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Netflix in a research note on Wednesday, October 8th. Piper Sandler reiterated an “overweight” rating and set a $1,400.00 price objective (down previously from $1,500.00) on shares of Netflix in a research note on Wednesday. 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 research note on Tuesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Netflix presently has an average rating of “Moderate Buy” and an average price target of $1,352.78.

Insiders Place Their Bets

In other news, insider David A. Hyman sold 424 shares of the stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,158.67, for a total value of $491,276.08. Following the completion of the transaction, the insider directly owned 31,610 shares in the company, valued at $36,625,558.70. This trade represents a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Theodore A. Sarandos sold 2,026 shares of the 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 completion of the transaction, the chief executive officer owned 15,168 shares of the company’s stock, valued at $17,604,284.16. This trade represents a 11.78% 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 valued at $122,710,980. 1.37% of the stock is currently owned by 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.