271 Shares in Netflix, Inc. $NFLX Acquired by Vicus Capital

Vicus Capital acquired a new stake in Netflix, Inc. (NASDAQ:NFLX) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 271 shares of the Internet television network’s stock, valued at approximately $363,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Optima Capital LLC raised its stake in shares of Netflix by 3.5% in the second quarter. Optima Capital LLC now owns 239 shares of the Internet television network’s stock worth $320,000 after acquiring an additional 8 shares during the last quarter. Unified Investment Management raised its position in Netflix by 1.7% in the 2nd quarter. Unified Investment Management now owns 474 shares of the Internet television network’s stock worth $635,000 after purchasing an additional 8 shares during the last quarter. Plancorp LLC lifted its holdings in Netflix by 0.6% during the 2nd quarter. Plancorp LLC now owns 1,278 shares of the Internet television network’s stock worth $1,711,000 after buying an additional 8 shares in the last quarter. Five Oceans Advisors boosted its position in Netflix by 1.1% in the 2nd quarter. Five Oceans Advisors now owns 751 shares of the Internet television network’s stock valued at $1,006,000 after buying an additional 8 shares during the last quarter. Finally, Old Port Advisors increased its stake in shares of Netflix by 1.3% in the 2nd quarter. Old Port Advisors now owns 624 shares of the Internet television network’s stock valued at $836,000 after buying an additional 8 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on NFLX shares. Wedbush reaffirmed an “outperform” rating and set a $1,500.00 price target (up previously from $1,400.00) on shares of Netflix in a research note on Monday, July 14th. Loop Capital upgraded shares of Netflix from a “hold” rating to a “buy” rating and upped their target price for the company from $1,150.00 to $1,350.00 in a research report on Wednesday, September 17th. KeyCorp raised their target price on shares of Netflix from $1,070.00 to $1,390.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. JPMorgan Chase & Co. boosted their price target on shares of Netflix from $1,230.00 to $1,300.00 and gave the stock a “neutral” rating in a research note on Friday, July 18th. Finally, Pivotal Research reaffirmed a “buy” rating on shares of Netflix in a research note on Thursday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,334.03.

Netflix Stock Performance

Shares of NFLX stock opened at $1,162.53 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.34 and a current ratio of 1.34. Netflix, Inc. has a 52 week low of $677.88 and a 52 week high of $1,341.15. The company’s 50 day moving average price is $1,207.90 and its two-hundred day moving average price is $1,157.42. The company has a market capitalization of $493.99 billion, a P/E ratio of 49.53, a price-to-earnings-growth ratio of 1.97 and a beta of 1.59.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share for the quarter, beating the consensus estimate of $7.07 by $0.12. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The company had revenue of $11.08 billion during the quarter, compared to analysts’ expectations of $11.04 billion. During the same quarter in the prior year, the company earned $4.88 earnings per share. The business’s quarterly revenue was up 15.9% compared to the same quarter last year. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. On average, analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Transactions 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 value of $274,537.76. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Reed Hastings sold 42,176 shares of the stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $1,171.92, for a total value of $49,426,897.92. Following the transaction, the director owned 394 shares of the company’s stock, valued at approximately $461,736.48. The trade was a 99.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 104,100 shares of company stock worth $122,710,980. 1.37% of the stock is currently owned by company insiders.

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.