SWS Partners Boosts Stock Position in Netflix, Inc. $NFLX

SWS Partners boosted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 4.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 1,382 shares of the Internet television network’s stock after purchasing an additional 55 shares during the quarter. SWS Partners’ holdings in Netflix were worth $1,289,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Fullcircle Wealth LLC increased its holdings in Netflix by 2.5% during the 1st quarter. Fullcircle Wealth LLC now owns 369 shares of the Internet television network’s stock worth $344,000 after purchasing an additional 9 shares during the last quarter. Capital Analysts LLC increased its holdings in Netflix by 0.3% during the 1st quarter. Capital Analysts LLC now owns 2,620 shares of the Internet television network’s stock worth $2,443,000 after purchasing an additional 9 shares during the last quarter. Enterprise Financial Services Corp increased its holdings in Netflix by 1.8% during the 1st quarter. Enterprise Financial Services Corp now owns 505 shares of the Internet television network’s stock worth $471,000 after purchasing an additional 9 shares during the last quarter. Continuum Wealth Advisors LLC increased its holdings in Netflix by 4.4% during the 1st quarter. Continuum Wealth Advisors LLC now owns 235 shares of the Internet television network’s stock worth $219,000 after purchasing an additional 10 shares during the last quarter. Finally, Financial Enhancement Group LLC increased its holdings in shares of Netflix by 2.5% in the 1st quarter. Financial Enhancement Group LLC now owns 412 shares of the Internet television network’s stock valued at $384,000 after acquiring an additional 10 shares during the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Trading Down 1.2%

NASDAQ:NFLX opened at $1,247.71 on Thursday. Netflix, Inc. has a 12-month low of $660.80 and a 12-month high of $1,341.15. The firm has a market capitalization of $530.19 billion, a P/E ratio of 53.16, a P/E/G ratio of 2.13 and a beta of 1.60. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.34 and a quick ratio of 1.34. The business has a 50 day simple moving average of $1,222.12 and a 200 day simple moving average of $1,128.51.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data 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. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The business had revenue of $11.08 billion during the quarter, compared to analyst estimates of $11.04 billion. During the same quarter in the previous year, the firm posted $4.88 EPS. The business’s revenue for the quarter 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. Equities research analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Buying and Selling

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 stock was sold at an average price of $1,160.62, for a total transaction 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. The trade was a 11.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Reed Hastings sold 25,959 shares of the business’s stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $1,207.71, for a total value of $31,350,943.89. Following the transaction, the director owned 394 shares of the company’s stock, valued at $475,837.74. This represents a 98.50% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 89,348 shares of company stock worth $109,498,489. 1.37% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on NFLX. Morgan Stanley reiterated an “equal weight” rating on shares of Netflix in a report on Monday, July 21st. Wedbush reiterated an “outperform” rating and issued a $1,500.00 price target (up from $1,400.00) on shares of Netflix in a report on Monday, July 14th. Wells Fargo & Company boosted their price target on Netflix from $1,500.00 to $1,560.00 and gave the company an “overweight” rating in a report on Friday, July 18th. UBS Group reiterated a “market underperform” rating on shares of Netflix in a report on Saturday, July 19th. Finally, KeyCorp boosted their price target on Netflix from $1,070.00 to $1,390.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,317.58.

Netflix Company 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.