Prosperitas Financial LLC Raises Stock Holdings in Netflix, Inc. $NFLX

Prosperitas Financial LLC increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 13.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,264 shares of the Internet television network’s stock after purchasing an additional 8,667 shares during the quarter. Netflix makes up approximately 1.7% of Prosperitas Financial LLC’s holdings, making the stock its 24th largest holding. Prosperitas Financial LLC’s holdings in Netflix were worth $5,160,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. NEOS Investment Management LLC boosted its position in Netflix by 10.2% during the second quarter. NEOS Investment Management LLC now owns 3,229,620 shares of the Internet television network’s stock worth $230,595,000 after acquiring an additional 300,145 shares during the last quarter. Leo H. Evart Inc. raised its holdings in Netflix by 417.6% in the 2nd quarter. Leo H. Evart Inc. now owns 471 shares of the Internet television network’s stock valued at $34,000 after acquiring an additional 380 shares during the last quarter. Aletheian Wealth Advisors LLC raised its holdings in Netflix by 9.4% in the 2nd quarter. Aletheian Wealth Advisors LLC now owns 3,848 shares of the Internet television network’s stock valued at $275,000 after acquiring an additional 330 shares during the last quarter. Outfitters Financial LLC lifted its stake in shares of Netflix by 36.6% during the 2nd quarter. Outfitters Financial LLC now owns 11,780 shares of the Internet television network’s stock worth $841,000 after purchasing an additional 3,155 shares during the period. Finally, Continuum Advisory LLC lifted its stake in shares of Netflix by 31.1% during the 2nd quarter. Continuum Advisory LLC now owns 12,939 shares of the Internet television network’s stock worth $924,000 after purchasing an additional 3,073 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on NFLX. China Renaissance dropped their target price on Netflix from $100.00 to $80.00 and set a “hold” rating for the company in a research note on Friday, July 17th. Sanford C. Bernstein set a $95.00 price target on Netflix and gave the company an “outperform” rating in a report on Friday, July 17th. Robert W. Baird set a $90.00 price objective on shares of Netflix and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. The Goldman Sachs Group cut shares of Netflix from an “underweight” rating to a “sell” rating in a research report on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft set a $110.00 price target on shares of Netflix in a research report on Monday, July 20th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $96.65.

Netflix Stock Performance

Shares of NASDAQ:NFLX opened at $82.67 on Friday. The business’s 50-day simple moving average is $75.43 and its 200 day simple moving average is $84.44. The company has a market cap of $344.23 billion, a P/E ratio of 26.02, a PEG ratio of 1.16 and a beta of 1.53. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. Netflix, Inc. has a one year low of $65.08 and a one year high of $126.71.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The company had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. During the same quarter last year, the company earned $0.72 earnings per share. Netflix’s revenue for the quarter was up 13.4% on a year-over-year basis. On average, sell-side analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Advertising growth is becoming a key bullish catalyst. Netflix’s ad-supported business is gaining momentum through advertiser additions, programmatic buying and AI-powered tools. Continued execution could provide a new revenue and profit-growth engine and support further stock recovery. Netflix Stock Rebound Fuels Ad Growth Talk: A Sign of More Upside?
• Positive Sentiment: Recent performance has renewed investor interest. Netflix gained about 13% in August after reaching a 52-week low, while several commentary pieces describe the shares as attractively valued and identify a potentially ongoing “second monetization cycle.” Why Netflix Stock Gained 13% in August
• Positive Sentiment: Analyst sentiment remains supportive. Wall Street’s generally bullish recommendations and the view that NFLX can rebound after underperforming the S&P 500 are helping sustain the recovery narrative. Is It Worth Investing in Netflix Based on Wall Street’s Bullish Views?
• Positive Sentiment: Content and partnership reach remain strategic strengths. A GTA VI trailer generated 31.1 million Netflix views despite being available exclusively for only six hours, highlighting the platform’s distribution power. A Stella Artois tie-in for The Gentlemen also demonstrates Netflix’s expanding brand-partnership potential. A Video Game Trailer Was Netflix’s Most-Watched English Film
• Neutral Sentiment: Acquisition speculation is driving attention but not yet value. Netflix is reportedly considering several streaming targets after losing a bid for a major media company. Regulatory hurdles, controlling shareholders and high valuations make a transaction uncertain. Netflix’s Acquisition Wishlist
• Negative Sentiment: Investors remain concerned about growth and competition. Netflix’s roughly 325 million subscribers provide scale, but slowing growth and pressure from short-form video platforms could limit upside. The stock’s underperformance versus the broader market is also keeping sentiment cautious. Netflix: A Streaming Giant at a Rare Discount?

Insider Transactions at Netflix

In related news, CEO Theodore A. Sarandos sold 105,850 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $73.03, for a total value of $7,730,225.50. Following the transaction, the chief executive officer owned 206,266 shares in the company, valued at approximately $15,063,605.98. The trade was a 33.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Hyman sold 5,723 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total value of $416,920.55. Following the completion of the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at $23,027,885. This represents a 1.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 213,595 shares of company stock worth $15,812,072 over the last three months. Insiders own 1.24% of the company’s stock.

Netflix Profile

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.