Fjarde AP Fonden Fourth Swedish National Pension Fund Boosts Holdings in Netflix, Inc. $NFLX

Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 22.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 114,786 shares of the Internet television network’s stock after acquiring an additional 21,100 shares during the period. Netflix comprises 1.4% of Fjarde AP Fonden Fourth Swedish National Pension Fund’s portfolio, making the stock its 11th largest holding. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Netflix were worth $153,713,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of NFLX. Brighton Jones LLC increased its position in Netflix by 5.0% during the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after buying an additional 257 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Netflix by 16.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after acquiring an additional 144 shares during the last quarter. Golden State Wealth Management LLC increased its position in Netflix by 3.7% during the 1st quarter. Golden State Wealth Management LLC now owns 1,129 shares of the Internet television network’s stock worth $1,053,000 after purchasing an additional 40 shares in the last quarter. Convergence Financial LLC raised its stake in Netflix by 8.4% in the 1st quarter. Convergence Financial LLC now owns 324 shares of the Internet television network’s stock valued at $302,000 after purchasing an additional 25 shares during the last quarter. Finally, Shilanski & Associates Inc. acquired a new position in Netflix in the 1st quarter valued at about $205,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Netflix

In other news, insider Cletus R. Willems sold 238 shares of the business’s stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $1,153.52, for a total transaction of $274,537.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Spencer Adam Neumann sold 2,600 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $1,172.51, for a total transaction of $3,048,526.00. Following the completion of the transaction, the chief financial officer owned 3,691 shares in the company, valued at $4,327,734.41. The trade was a 41.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,100 shares of company stock valued at $122,710,980 over the last three months. Insiders own 1.37% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Phillip Securities cut shares of Netflix from a “hold” rating to a “strong sell” rating in a research note on Monday, July 21st. BMO Capital Markets restated an “outperform” rating and set a $1,425.00 target price (up previously from $1,200.00) on shares of Netflix in a research report on Tuesday, July 15th. Guggenheim reiterated a “buy” rating and issued a $1,450.00 price target on shares of Netflix in a report on Wednesday, October 22nd. Morgan Stanley set a $1,500.00 price target on Netflix in a research note on Monday, October 13th. Finally, Pivotal Research restated a “buy” rating on shares of Netflix in a report on Thursday, July 10th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to 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 $1,094.56 on Tuesday. The company has a market cap of $463.80 billion, a P/E ratio of 45.72, a P/E/G ratio of 1.89 and a beta of 1.59. The firm’s 50 day moving average is $1,204.20 and its two-hundred day moving average is $1,190.20. Netflix, Inc. has a fifty-two week low of $747.77 and a fifty-two week high of $1,341.15. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

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 the consensus estimate of $6.88 by ($1.01). The company had revenue of $11.51 billion for the quarter, compared to analysts’ expectations of $11.52 billion. Netflix had a net margin of 24.05% and a return on equity of 41.86%. The firm’s quarterly revenue was up 17.2% on a year-over-year basis. During the same period in the prior year, the firm 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 expect that Netflix, Inc. will post 24.58 EPS for the current year.

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.