Values Added Financial LLC Acquires 70 Shares of Netflix, Inc. $NFLX

Values Added Financial LLC grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 31.0% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 296 shares of the Internet television network’s stock after buying an additional 70 shares during the period. Values Added Financial LLC’s holdings in Netflix were worth $396,000 as of its most recent filing with the SEC.

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

Insider Activity

In other news, CEO Theodore A. Sarandos sold 2,026 shares of the firm’s stock in a transaction 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 sale, the chief executive officer directly owned 15,168 shares of the company’s stock, 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 the SEC website. Also, Director Reed Hastings sold 42,176 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $1,171.92, for a total value of $49,426,897.92. Following the sale, the director directly owned 394 shares of the company’s stock, valued at approximately $461,736.48. This represents a 99.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 104,100 shares of company stock worth $122,710,980. 1.37% of the stock is owned by insiders.

Analyst Ratings Changes

A number of equities analysts recently issued reports on NFLX shares. Barclays reiterated a “sell” rating and issued a $1,100.00 target price (up from $1,000.00) on shares of Netflix in a report on Wednesday, July 9th. Wells Fargo & Company increased their target price on Netflix from $1,500.00 to $1,560.00 and gave the stock an “overweight” rating in a report on Friday, July 18th. Jefferies Financial Group reiterated a “buy” rating on shares of Netflix in a report on Thursday, September 11th. Pivotal Research reiterated a “buy” rating on shares of Netflix in a report on Thursday, July 10th. Finally, Zacks Research cut Netflix from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 1st. Two research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,337.63.

Netflix Trading Up 1.9%

Shares of Netflix stock opened at $1,214.25 on Thursday. Netflix, Inc. has a 1 year low of $677.88 and a 1 year high of $1,341.15. The firm has a market cap of $515.97 billion, a PE ratio of 51.74, a P/E/G ratio of 2.00 and a beta of 1.59. The stock has a fifty day moving average price of $1,208.18 and a 200-day moving average price of $1,163.77. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.34 and a quick ratio of 1.34.

Netflix (NASDAQ:NFLX) last announced its earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $7.07 by $0.12. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The firm had revenue of $11.08 billion during the quarter, compared to analyst estimates of $11.04 billion. During the same period last year, the firm posted $4.88 EPS. The business’s revenue 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 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.