TPG Advisors LLC Takes Position in Netflix, Inc. $NFLX

TPG Advisors LLC bought a new stake in Netflix, Inc. (NASDAQ:NFLX) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 199 shares of the Internet television network’s stock, valued at approximately $266,000.

Other large investors have also modified their holdings of the company. Halbert Hargrove Global Advisors LLC boosted its holdings in shares of Netflix by 100.0% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock valued at $25,000 after buying an additional 13 shares in the last quarter. Flaharty Asset Management LLC acquired a new position in shares of Netflix in the 1st quarter valued at $37,000. Maseco LLP acquired a new position in shares of Netflix in the 2nd quarter valued at $39,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Netflix during the 1st quarter worth $42,000. Finally, 1248 Management LLC acquired a new stake in Netflix during the 1st quarter worth $43,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Stock Performance

Shares of NFLX opened at $1,170.90 on Thursday. The company has a 50-day simple moving average of $1,208.27 and a 200-day simple moving average of $1,155.95. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $497.55 billion, a PE ratio of 49.89, a P/E/G ratio of 2.02 and a beta of 1.59. Netflix, Inc. has a 52-week low of $677.88 and a 52-week high of $1,341.15.

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

Insiders Place Their Bets

In other news, CEO Theodore A. Sarandos sold 2,026 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $1,160.62, for a total value of $2,351,416.12. Following the completion of the transaction, the chief executive officer owned 15,168 shares in the company, valued at $17,604,284.16. This trade represents a 11.78% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Spencer Adam Neumann sold 2,601 shares of the stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $1,162.40, for a total transaction of $3,023,402.40. Following the completion of the transaction, the chief financial officer owned 3,691 shares of the company’s stock, valued at $4,290,418.40. This represents a 41.34% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 59,324 shares of company stock worth $70,235,556. Insiders own 1.37% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on NFLX shares. Barclays reiterated a “sell” rating and set a $1,100.00 price target (up previously from $1,000.00) on shares of Netflix in a research note on Wednesday, July 9th. Robert W. Baird increased their price target on shares of Netflix from $1,300.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Monday, July 21st. Oppenheimer increased their price target on shares of Netflix from $1,200.00 to $1,425.00 and gave the stock an “outperform” rating in a research note on Thursday, June 12th. Sanford C. Bernstein increased their price target on shares of Netflix from $1,200.00 to $1,390.00 and gave the stock an “outperform” rating in a research note on Thursday, July 17th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $1,500.00 price target on shares of Netflix in a research note on Wednesday, September 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,334.03.

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.