Warburton Capital Management LLC Has $241,000 Stake in Netflix, Inc. $NFLX

Warburton Capital Management LLC decreased its position in Netflix, Inc. (NASDAQ:NFLX) by 30.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 180 shares of the Internet television network’s stock after selling 80 shares during the quarter. Warburton Capital Management LLC’s holdings in Netflix were worth $241,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in NFLX. Nuveen LLC acquired a new position in shares of Netflix in the first quarter valued at approximately $2,385,585,000. Kingstone Capital Partners Texas LLC boosted its stake in shares of Netflix by 343,058.2% in the second quarter. Kingstone Capital Partners Texas LLC now owns 2,463,876 shares of the Internet television network’s stock valued at $3,299,450,000 after buying an additional 2,463,158 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Netflix by 57.3% in the first quarter. Goldman Sachs Group Inc. now owns 3,393,064 shares of the Internet television network’s stock valued at $3,164,134,000 after buying an additional 1,236,251 shares during the period. Amundi boosted its stake in shares of Netflix by 37.7% in the first quarter. Amundi now owns 2,070,221 shares of the Internet television network’s stock valued at $1,898,496,000 after buying an additional 567,251 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of Netflix by 1.4% in the first quarter. Vanguard Group Inc. now owns 37,997,260 shares of the Internet television network’s stock valued at $35,433,585,000 after buying an additional 509,255 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Robert W. Baird boosted their price target on Netflix from $1,300.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Piper Sandler reiterated an “overweight” rating and issued a $1,400.00 price target (down from $1,500.00) on shares of Netflix in a research note on Wednesday. Itau BBA Securities initiated coverage on Netflix in a research note on Tuesday, October 7th. They set an “outperform” rating and a $1,514.00 target price for the company. Citigroup restated a “neutral” rating and set a $1,295.00 target price (up from $1,280.00) on shares of Netflix in a research note on Friday, October 3rd. Finally, Pivotal Research restated a “buy” rating on shares of Netflix in a research note on Thursday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eight have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Netflix presently has an average rating of “Moderate Buy” and a consensus target price of $1,352.78.

Netflix Stock Performance

NASDAQ NFLX opened at $1,113.59 on Friday. The company has a market capitalization of $473.19 billion, a price-to-earnings ratio of 46.52, a PEG ratio of 1.89 and a beta of 1.59. Netflix, Inc. has a twelve month low of $746.25 and a twelve month high of $1,341.15. The stock has a fifty day simple moving average of $1,210.10 and a 200 day simple moving average of $1,183.73. The company has a quick ratio of 1.34, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

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

Insider Activity

In other news, insider Cletus R. Willems sold 238 shares of the stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $1,153.52, for a total transaction of $274,537.76. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Spencer Adam Neumann sold 2,600 shares of the 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 transaction, the chief financial officer directly owned 3,691 shares in the company, valued at $4,327,734.41. This trade represents a 41.33% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 104,100 shares of company stock worth $122,710,980. 1.37% of the stock is owned by insiders.

About Netflix

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.