189 Shares in Netflix, Inc. $NFLX Bought by Yoder Wealth Management Inc.

Yoder Wealth Management Inc. bought a new position in shares of Netflix, Inc. (NASDAQ:NFLX) during the second quarter, Holdings Channel.com reports. The fund bought 189 shares of the Internet television network’s stock, valued at approximately $253,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Halbert Hargrove Global Advisors LLC increased its position in Netflix by 100.0% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 13 shares during the period. Maseco LLP bought a new stake in Netflix in the 2nd quarter valued at $39,000. Ransom Advisory Ltd bought a new stake in Netflix in the 2nd quarter valued at $47,000. Flaharty Asset Management LLC bought a new stake in Netflix in the 1st quarter valued at $37,000. Finally, Signature Resources Capital Management LLC increased its holdings in Netflix by 740.0% in the 2nd quarter. Signature Resources Capital Management LLC now owns 42 shares of the Internet television network’s stock valued at $56,000 after buying an additional 37 shares during the period. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Down 0.8%

Shares of NASDAQ NFLX opened at $1,153.32 on Friday. The firm’s 50-day simple moving average is $1,207.36 and its 200 day simple moving average is $1,158.96. The company has a market cap of $490.08 billion, a price-to-earnings ratio of 49.14, a price-to-earnings-growth ratio of 1.96 and a beta of 1.59. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58. Netflix, Inc. has a 12-month low of $677.88 and a 12-month high of $1,341.15.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.07 by $0.12. The business had revenue of $11.08 billion for 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 firm’s quarterly revenue was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $4.88 EPS. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. On average, research analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Buying and Selling at Netflix

In other Netflix news, CEO Gregory K. Peters sold 2,026 shares of the company’s stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total transaction of $2,344,973.44. Following the transaction, the chief executive officer directly owned 12,781 shares in the company, valued at approximately $14,793,240.64. This represents a 13.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Theodore A. Sarandos sold 2,026 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer 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 disclosure for this sale can be found here. Insiders have sold 104,100 shares of company stock worth $122,710,980 over the last quarter. Corporate insiders own 1.37% of the company’s stock.

Analysts Set New Price Targets

NFLX has been the topic of several analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Netflix from $1,230.00 to $1,300.00 and gave the company a “neutral” rating in a report on Friday, July 18th. Loop Capital raised shares of Netflix from a “hold” rating to a “buy” rating and boosted their price target for the company from $1,150.00 to $1,350.00 in a report on Wednesday, September 17th. Barclays reissued a “sell” rating and issued a $1,100.00 price target (up previously from $1,000.00) on shares of Netflix in a report on Wednesday, July 9th. Morgan Stanley reissued an “equal weight” rating on shares of Netflix in a report on Monday, July 21st. Finally, Oppenheimer boosted their price target on shares of Netflix from $1,200.00 to $1,425.00 and gave the company an “outperform” rating in a report on Thursday, June 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, nine have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $1,335.00.

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.