Analyst IMS Investment Management Services Ltd. Raises Stock Holdings in Netflix, Inc. $NFLX

Analyst IMS Investment Management Services Ltd. lifted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 3.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,245 shares of the Internet television network’s stock after buying an additional 36 shares during the quarter. Analyst IMS Investment Management Services Ltd.’s holdings in Netflix were worth $1,667,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Quaker Wealth Management LLC raised its holdings in shares of Netflix by 285.2% in the second quarter. Quaker Wealth Management LLC now owns 113 shares of the Internet television network’s stock worth $151,000 after buying an additional 174 shares during the period. Human Investing LLC purchased a new stake in shares of Netflix in the second quarter worth approximately $236,000. Oarsman Capital Inc. raised its holdings in shares of Netflix by 4.9% in the second quarter. Oarsman Capital Inc. now owns 449 shares of the Internet television network’s stock worth $601,000 after buying an additional 21 shares during the period. Corrado Advisors LLC purchased a new position in Netflix during the 2nd quarter worth $248,000. Finally, Austin Private Wealth LLC increased its holdings in Netflix by 15.6% during the 2nd quarter. Austin Private Wealth LLC now owns 913 shares of the Internet television network’s stock worth $1,223,000 after purchasing an additional 123 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Stock Up 0.7%

Netflix stock opened at $1,102.50 on Wednesday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.33. The stock has a market capitalization of $467.16 billion, a price-to-earnings ratio of 46.05, 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 business has a fifty day moving average price of $1,201.97 and a 200-day moving average price of $1,191.47.

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 analysts’ consensus estimates of $6.88 by ($1.01). The business had revenue of $11.51 billion during the quarter, compared to analyst estimates of $11.52 billion. Netflix had a return on equity of 41.86% and a net margin of 24.05%.The firm’s revenue for the quarter was up 17.2% compared to the same quarter last year. During the same period in the previous year, the business earned $5.40 EPS. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. Equities research analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on NFLX. Piper Sandler restated an “overweight” rating and set a $1,400.00 price objective (down from $1,500.00) on shares of Netflix in a report on Wednesday, October 22nd. Phillip Securities downgraded Netflix from a “hold” rating to a “strong sell” rating in a report on Monday, July 21st. Benchmark restated a “hold” rating on shares of Netflix in a report on Wednesday, October 22nd. Guggenheim reaffirmed a “buy” rating and set a $1,450.00 target price on shares of Netflix in a research report on Wednesday, October 22nd. Finally, Robert W. Baird increased their target price on Netflix from $1,300.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Monday, July 21st. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,344.64.

Insider Transactions at Netflix

In other news, Director Reed Hastings sold 42,176 shares of the firm’s stock in a transaction on 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 completion of the sale, the director owned 394 shares of the company’s stock, valued at $461,736.48. This trade represents a 99.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Spencer Adam Neumann sold 2,600 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $1,172.51, for a total value of $3,048,526.00. Following the completion of the sale, the chief financial officer directly owned 3,691 shares of the company’s stock, valued at $4,327,734.41. The trade was a 41.33% decrease in their position. The SEC filing for this sale provides additional information. 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 corporate 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.