Netflix (NASDAQ:NFLX) Trading 1.4% Higher – Still a Buy?

Netflix, Inc. (NASDAQ:NFLX) shares shot up 1.4% during trading on Monday . The company traded as high as $109.34 and last traded at $109.13. 24,050,553 shares were traded during trading, a decline of 40% from the average session volume of 39,841,969 shares. The stock had previously closed at $107.58.

Analyst Upgrades and Downgrades

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 report on Monday, October 6th. Citigroup reissued a “neutral” rating and set a $129.50 price objective (up from $128.00) on shares of Netflix in a report on Friday, October 3rd. Barclays reduced their target price on shares of Netflix to $110.00 and set an “equal weight” rating on the stock in a research note on Tuesday, November 18th. President Capital raised shares of Netflix from a “neutral” rating to a “buy” rating and set a $130.00 target price on the stock in a report on Monday, November 3rd. Finally, Needham & Company LLC reissued a “buy” rating and set a $150.00 price target on shares of Netflix in a report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $133.90.

Netflix Stock Performance

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 company has a market cap of $440.51 billion, a price-to-earnings ratio of 43.43, a P/E/G ratio of 1.62 and a beta of 1.71. The stock has a 50 day moving average price of $113.95 and a two-hundred day moving average price of $119.46.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Tuesday, October 21st. The Internet television network reported $5.87 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $5.18. The company had revenue of $11.32 billion during the quarter, compared to analysts’ expectations of $11.52 billion. Netflix had a return on equity of 41.86% and a net margin of 24.05%.Netflix’s revenue was up 17.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.54 EPS. Netflix has set its Q4 2025 guidance at 5.450-5.450 EPS. Analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Buying and Selling

In related news, Director Reed Hastings sold 421,760 shares of Netflix stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $117.19, for a total value of $49,426,897.92. Following the sale, the director owned 3,940 shares of the company’s stock, valued at approximately $461,736.48. This trade represents a 99.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Gregory K. Peters sold 20,270 shares of Netflix stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $109.57, for a total transaction of $2,220,943.36. Following the completion of the sale, the chief executive officer owned 127,810 shares in the company, valued at $14,003,886.08. This trade represents a 13.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,619,840 shares of company stock valued at $181,648,613. 1.37% of the stock is owned by corporate insiders.

Institutional Trading of Netflix

Institutional investors and hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc raised its position in Netflix by 17.6% during the third quarter. IFP Advisors Inc now owns 5,597 shares of the Internet television network’s stock worth $6,851,000 after acquiring an additional 837 shares in the last quarter. Swiss Life Asset Management Ltd lifted its holdings in Netflix by 3.6% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 133,760 shares of the Internet television network’s stock valued at $160,368,000 after purchasing an additional 4,631 shares during the last quarter. Steadtrust LLC bought a new position in shares of Netflix in the third quarter valued at about $487,000. Groupama Asset Managment lifted its stake in shares of Netflix by 2.5% during the 3rd quarter. Groupama Asset Managment now owns 6,117 shares of the Internet television network’s stock worth $7,334,000 after buying an additional 148 shares during the last quarter. Finally, Investment Research Partners LLC bought a new stake in shares of Netflix during the 3rd quarter worth about $486,000. Institutional investors own 80.93% of the company’s stock.

About Netflix

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.