Ranch Capital Advisors Inc. Has $1.16 Million Holdings in Netflix, Inc. $NFLX

Ranch Capital Advisors Inc. lifted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 25.3% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 866 shares of the Internet television network’s stock after buying an additional 175 shares during the period. Ranch Capital Advisors Inc.’s holdings in Netflix were worth $1,160,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of NFLX. Nuveen LLC acquired a new position in shares of Netflix during the first quarter worth $2,385,585,000. Kingstone Capital Partners Texas LLC increased its holdings in shares of Netflix by 343,058.2% during the second quarter. Kingstone Capital Partners Texas LLC now owns 2,463,876 shares of the Internet television network’s stock worth $3,299,450,000 after buying an additional 2,463,158 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Netflix by 57.3% during the first quarter. Goldman Sachs Group Inc. now owns 3,393,064 shares of the Internet television network’s stock worth $3,164,134,000 after buying an additional 1,236,251 shares in the last quarter. Amundi increased its holdings in Netflix by 37.7% in the first quarter. Amundi now owns 2,070,221 shares of the Internet television network’s stock valued at $1,898,496,000 after purchasing an additional 567,251 shares during the period. Finally, Vanguard Group Inc. increased its holdings in Netflix by 1.4% in the first quarter. Vanguard Group Inc. now owns 37,997,260 shares of the Internet television network’s stock valued at $35,433,585,000 after purchasing an additional 509,255 shares during the period. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on NFLX. Wall Street Zen downgraded Netflix from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Rosenblatt Securities increased their price objective on Netflix from $1,515.00 to $1,530.00 and gave the company a “buy” rating in a report on Wednesday. Canaccord Genuity Group restated a “buy” rating and issued a $1,525.00 price objective on shares of Netflix in a report on Wednesday. Wedbush decreased their price objective on Netflix from $1,500.00 to $1,400.00 and set an “outperform” rating for the company in a report on Wednesday. Finally, Pivotal Research restated a “buy” rating on shares of Netflix in a report on Thursday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,352.78.

Netflix Stock Performance

Shares of NFLX opened at $1,094.69 on Friday. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.33 and a quick ratio of 1.34. The stock has a 50-day moving average of $1,207.21 and a 200-day moving average of $1,185.28. The company has a market cap of $463.85 billion, a PE ratio of 45.73, a P/E/G ratio of 1.92 and a beta of 1.59. Netflix, Inc. has a one year low of $747.77 and a one year high of $1,341.15.

Netflix (NASDAQ:NFLX) last issued its earnings results on Tuesday, October 21st. The Internet television network reported $5.87 EPS for the quarter, missing the consensus estimate of $6.88 by ($1.01). The firm had revenue of $11.51 billion during the quarter, compared to analyst estimates of $11.52 billion. Netflix had a net margin of 24.05% and a return on equity of 41.86%. The business’s quarterly revenue was up 17.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.40 earnings per share. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. On average, equities research analysts predict that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling

In other Netflix news, insider Cletus R. Willems sold 238 shares of Netflix stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $1,153.52, for a total transaction of $274,537.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Spencer Adam Neumann sold 2,600 shares of Netflix stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $1,172.51, for a total value of $3,048,526.00. Following the transaction, the chief financial officer owned 3,691 shares of the company’s stock, valued at $4,327,734.41. This trade represents a 41.33% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 104,100 shares of company stock worth $122,710,980 over the last 90 days. 1.37% of the stock is owned by company insiders.

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.