AG2R LA Mondiale Gestion D Actifs Acquires 141 Shares of Netflix, Inc. $NFLX

AG2R LA Mondiale Gestion D Actifs lifted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 0.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,893 shares of the Internet television network’s stock after buying an additional 141 shares during the quarter. Netflix comprises approximately 1.1% of AG2R LA Mondiale Gestion D Actifs’ investment portfolio, making the stock its 14th biggest holding. AG2R LA Mondiale Gestion D Actifs’ holdings in Netflix were worth $21,283,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NFLX. Nuveen LLC acquired a new position in Netflix in the first quarter valued at about $2,385,585,000. Kingstone Capital Partners Texas LLC increased its stake in shares of Netflix by 343,058.2% in the 2nd 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 acquiring an additional 2,463,158 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Netflix by 57.3% in the 1st 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 acquiring an additional 1,236,251 shares during the period. Amundi grew its holdings in Netflix by 37.7% during the first quarter. Amundi now owns 2,070,221 shares of the Internet television network’s stock valued at $1,898,496,000 after purchasing an additional 567,251 shares during the period. Finally, Vanguard Group Inc. raised its holdings in Netflix by 1.4% in the first quarter. Vanguard Group Inc. now owns 37,997,260 shares of the Internet television network’s stock worth $35,433,585,000 after purchasing an additional 509,255 shares during the period. 80.93% of the stock is owned by institutional investors.

Insider Activity

In related news, insider David A. Hyman sold 424 shares of the stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $1,158.67, for a total transaction of $491,276.08. Following the sale, the insider owned 31,610 shares of the company’s stock, valued at $36,625,558.70. This represents a 1.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, 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 stock was sold at an average price of $1,160.62, for a total value of $2,351,416.12. Following the transaction, the chief executive officer owned 15,168 shares in the company, valued at approximately $17,604,284.16. This trade represents a 11.78% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 104,100 shares of company stock worth $122,710,980. Insiders own 1.37% of the company’s stock.

Netflix Stock Performance

NFLX opened at $1,094.69 on Friday. The business has a fifty day simple moving average of $1,207.21 and a 200 day simple moving average of $1,185.28. The company has a market capitalization of $463.85 billion, a PE ratio of 45.73, a price-to-earnings-growth ratio of 1.92 and a beta of 1.59. Netflix, Inc. has a 1 year low of $747.77 and a 1 year high of $1,341.15. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.34.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share for the quarter, missing the consensus estimate of $6.88 by ($1.01). Netflix had a return on equity of 41.86% and a net margin of 24.05%.The firm had revenue of $11.51 billion for the quarter, compared to the consensus estimate of $11.52 billion. During the same quarter in the previous year, the business earned $5.40 EPS. The firm’s quarterly 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. Research analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

Analyst Ratings Changes

NFLX has been the subject of a number of recent analyst reports. Sanford C. Bernstein restated a “buy” rating on shares of Netflix in a research report on Friday, October 17th. Pivotal Research reissued a “buy” rating on shares of Netflix in a research report on Thursday, July 10th. Canaccord Genuity Group restated a “buy” rating and set a $1,525.00 target price on shares of Netflix in a report on Wednesday. JPMorgan Chase & Co. decreased their price target on Netflix from $1,300.00 to $1,275.00 and set a “neutral” rating for the company in a research note on Wednesday. Finally, Seaport Res Ptn upgraded shares of Netflix from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and a consensus price target of $1,352.78.

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.