Fairvoy Private Wealth LLC Buys 15,887 Shares of Netflix, Inc. $NFLX

Fairvoy Private Wealth LLC increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 118.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,347 shares of the Internet television network’s stock after purchasing an additional 15,887 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in Netflix were worth $2,042,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Merkkuri Wealth Advisors LLC acquired a new stake in Netflix in the 1st quarter valued at about $31,000. Bayban grew its position in shares of Netflix by 400.0% during the first quarter. Bayban now owns 350 shares of the Internet television network’s stock worth $34,000 after buying an additional 280 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Netflix during the second quarter worth about $26,000. Bank of New Hampshire grew its position in shares of Netflix by 900.0% during the fourth quarter. Bank of New Hampshire now owns 380 shares of the Internet television network’s stock worth $36,000 after buying an additional 342 shares in the last quarter. Finally, Compound Global Advisors LLC acquired a new position in shares of Netflix during the second quarter worth about $29,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on NFLX shares. Seaport Research Partners restated a “buy” rating and set a $90.00 target price on shares of Netflix in a research note on Monday. Robert W. Baird set a $90.00 target price on shares of Netflix and gave the company an “outperform” rating in a report on Wednesday, July 22nd. KGI Securities downgraded shares of Netflix from an “outperform” rating to a “neutral” rating and set a $75.00 price target for the company. in a research note on Friday, July 17th. HSBC cut shares of Netflix from a “buy” rating to a “hold” rating and lowered their price target for the stock from $96.00 to $76.00 in a report on Tuesday, September 22nd. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Netflix in a report on Thursday, August 20th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $93.38.

Netflix Stock Down 1.0%

NASDAQ NFLX traded down $0.68 during trading on Monday, reaching $69.85. 33,870,034 shares of the company’s stock were exchanged, compared to its average volume of 42,228,020. The stock has a market cap of $290.85 billion, a P/E ratio of 21.99, a price-to-earnings-growth ratio of 1.00 and a beta of 1.62. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. The company has a 50 day moving average price of $75.17 and a two-hundred day moving average price of $80.57. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $124.86.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. The business had revenue of $12.56 billion during the quarter, compared to analysts’ expectations of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%. During the same period in the prior year, the firm posted $0.72 EPS. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. On average, equities research analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Theodore Sarandos sold 105,850 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $73.03, for a total transaction of $7,730,225.50. Following the sale, the chief executive officer owned 206,266 shares of the company’s stock, valued at approximately $15,063,605.98. This trade represents a 33.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard Barton sold 2,160 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $75.10, for a total value of $162,216.00. Following the sale, the director owned 246 shares of the company’s stock, valued at approximately $18,474.60. The trade was a 89.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 179,045 shares of company stock worth $13,132,194. 1.24% of the stock is currently owned by company insiders.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Analysts expect third-quarter revenue of approximately $12.87 billion to $12.88 billion and earnings of about $0.82 per share. A meaningful beat, stronger guidance or evidence of renewed engagement could help reverse the recent weakness. Netflix Stock Has Fallen After 5 Straight Reports: Will Q3 Break the Streak?
• Positive Sentiment: Netflix’s advertising business remains a potential growth catalyst. The company is targeting $3 billion in 2026 advertising revenue, while upfront commitments have nearly doubled; improved ad monetization could offset slower viewing-hour growth. Can Ad-Supported Streaming Momentum Boost Netflix’s Q3 Results?
• Positive Sentiment: Jefferies initiated coverage with a Buy rating and an $85 price target, citing advertising, pricing and live sports as possible drivers of future upside. Jefferies Makes a Bold $85 Call on Netflix Stock

About Netflix

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.