Netflix, Inc. $NFLX Stock Position Increased by GoalVest Advisory LLC

GoalVest Advisory LLC lifted its position in Netflix, Inc. (NASDAQ:NFLX) by 900.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 40 shares of the Internet television network’s stock after buying an additional 36 shares during the period. GoalVest Advisory LLC’s holdings in Netflix were worth $54,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Stephens Consulting LLC raised its stake in shares of Netflix by 150.0% in the 2nd quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock worth $33,000 after buying an additional 15 shares in the last quarter. Maseco LLP acquired a new stake in shares of Netflix during the second quarter worth $39,000. LGT Financial Advisors LLC acquired a new stake in shares of Netflix during the second quarter worth $40,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of Netflix during the second quarter worth $44,000. Finally, Ransom Advisory Ltd acquired a new stake in shares of Netflix during the second quarter worth $47,000. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Down 0.0%

NASDAQ:NFLX opened at $1,094.56 on Tuesday. The firm has a market capitalization of $463.80 billion, a price-to-earnings ratio of 45.72, a PEG ratio of 1.89 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 current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56. The business’s fifty day moving average price is $1,204.20 and its 200 day moving average price is $1,190.20.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results 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 net margin of 24.05% and a return on equity of 41.86%. The business had revenue of $11.51 billion for the quarter, compared to analyst estimates of $11.52 billion. During the same period in the previous year, the firm posted $5.40 earnings per share. 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. On average, sell-side analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NFLX. Seaport Res Ptn raised Netflix from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 6th. Wells Fargo & Company cut their target price on Netflix from $1,560.00 to $1,510.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 22nd. Argus set a $1,410.00 target price on Netflix in a research report on Thursday. Loop Capital raised Netflix from a “hold” rating to a “buy” rating and boosted their target price for the stock from $1,150.00 to $1,350.00 in a research report on Wednesday, September 17th. Finally, KeyCorp boosted their target price on Netflix from $1,070.00 to $1,390.00 and gave the stock an “overweight” rating in a research report on Thursday, July 10th. Two 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. According to data from MarketBeat.com, Netflix presently has an average rating of “Moderate Buy” and an average target price of $1,352.78.

Insider Transactions at Netflix

In other Netflix news, CEO Theodore A. Sarandos sold 2,026 shares of the business’s stock in a transaction dated 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 $17,604,284.16. The trade was a 11.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Gregory K. Peters sold 2,026 shares of the business’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total value of $2,344,973.44. Following the completion of the transaction, the chief executive officer owned 12,781 shares in the company, valued at $14,793,240.64. This trade represents a 13.68% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 104,100 shares of company stock valued at $122,710,980. Corporate insiders own 1.37% of the company’s stock.

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.