Robeco Institutional Asset Management B.V. Has $1.08 Billion Holdings in Netflix, Inc. $NFLX

Robeco Institutional Asset Management B.V. increased its position in Netflix, Inc. (NASDAQ:NFLX) by 25.2% in the second quarter, HoldingsChannel reports. The firm owned 806,606 shares of the Internet television network’s stock after purchasing an additional 162,169 shares during the quarter. Netflix accounts for approximately 1.7% of Robeco Institutional Asset Management B.V.’s holdings, making the stock its 8th biggest holding. Robeco Institutional Asset Management B.V.’s holdings in Netflix were worth $1,080,150,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NFLX. Brighton Jones LLC boosted its holdings in shares of Netflix by 5.0% during the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock valued at $4,804,000 after buying an additional 257 shares in the last quarter. Revolve Wealth Partners LLC lifted its position in Netflix by 16.4% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after acquiring an additional 144 shares during the period. Capital Asset Advisory Services LLC boosted its stake in Netflix by 59.4% during the first quarter. Capital Asset Advisory Services LLC now owns 601 shares of the Internet television network’s stock worth $562,000 after acquiring an additional 224 shares in the last quarter. Kwmg LLC purchased a new stake in Netflix in the first quarter worth about $201,000. Finally, Hennion & Walsh Asset Management Inc. increased its stake in shares of Netflix by 16.4% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 1,756 shares of the Internet television network’s stock valued at $1,638,000 after purchasing an additional 248 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Theodore A. Sarandos sold 2,026 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,160.62, for a total transaction of $2,351,416.12. Following the completion of the sale, the chief executive officer directly owned 15,168 shares in the company, valued at approximately $17,604,284.16. The trade was a 11.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Reed Hastings sold 25,959 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $1,207.71, for a total transaction of $31,350,943.89. Following the completion of the transaction, the director owned 394 shares in the company, valued at $475,837.74. The trade was a 98.50% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 59,324 shares of company stock worth $70,235,556. Company insiders own 1.37% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on NFLX shares. Sanford C. Bernstein boosted their price target on Netflix from $1,200.00 to $1,390.00 and gave the stock an “outperform” rating in a research report on Thursday, July 17th. JPMorgan Chase & Co. lifted their price objective on Netflix from $1,230.00 to $1,300.00 and gave the company a “neutral” rating in a research note on Friday, July 18th. Phillip Securities downgraded Netflix from a “hold” rating to a “strong sell” rating in a report on Monday, July 21st. Pivotal Research restated a “buy” rating on shares of Netflix in a report on Thursday, July 10th. Finally, KeyCorp lifted their price target 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. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Netflix has a consensus rating of “Moderate Buy” and a consensus price target of $1,334.03.

Netflix Price Performance

Shares of NFLX opened at $1,170.90 on Thursday. The firm has a fifty day simple moving average of $1,208.27 and a two-hundred day simple moving average of $1,155.95. The firm has a market cap of $497.55 billion, a PE ratio of 49.89, a P/E/G ratio of 2.02 and a beta of 1.59. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. Netflix, Inc. has a 1-year low of $677.88 and a 1-year high of $1,341.15.

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

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.