Netflix, Inc. $NFLX Shares Purchased by Richard P Slaughter Associates Inc

Richard P Slaughter Associates Inc raised its stake in Netflix, Inc. (NASDAQ:NFLXFree Report) by 851.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,299 shares of the Internet television network’s stock after purchasing an additional 9,217 shares during the quarter. Richard P Slaughter Associates Inc’s holdings in Netflix were worth $966,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Natural Investments LLC raised its stake in shares of Netflix by 0.5% in the 3rd quarter. Natural Investments LLC now owns 1,668 shares of the Internet television network’s stock valued at $1,999,000 after acquiring an additional 9 shares during the period. Hengehold Capital Management LLC lifted its holdings in shares of Netflix by 3.3% in the 3rd quarter. Hengehold Capital Management LLC now owns 282 shares of the Internet television network’s stock worth $338,000 after acquiring an additional 9 shares during the last quarter. Financial Partners Group Inc boosted its position in shares of Netflix by 0.9% during the 3rd quarter. Financial Partners Group Inc now owns 969 shares of the Internet television network’s stock worth $1,162,000 after purchasing an additional 9 shares during the period. Seascape Capital Management boosted its position in shares of Netflix by 1.6% during the 3rd quarter. Seascape Capital Management now owns 568 shares of the Internet television network’s stock worth $681,000 after purchasing an additional 9 shares during the period. Finally, Crews Bank & Trust increased its holdings in Netflix by 5.8% in the 3rd quarter. Crews Bank & Trust now owns 164 shares of the Internet television network’s stock valued at $197,000 after purchasing an additional 9 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Stock Performance

NASDAQ:NFLX opened at $92.28 on Thursday. The company has a fifty day simple moving average of $87.04 and a two-hundred day simple moving average of $101.04. The company has a market cap of $389.62 billion, a price-to-earnings ratio of 36.52, a price-to-earnings-growth ratio of 1.39 and a beta of 1.68. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last posted its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. The business had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The company’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, equities analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Activity at Netflix

In other news, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $83.24, for a total value of $2,273,450.88. Following the completion of the transaction, the chief executive officer owned 122,140 shares in the company, valued at approximately $10,166,933.60. This trade represents a 18.27% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Cletus R. Willems sold 3,136 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total value of $259,253.12. The SEC filing for this sale provides additional information. Insiders have sold 1,520,133 shares of company stock worth $137,259,786 over the last quarter. 1.37% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Oppenheimer set a $125.00 target price on Netflix and gave the company an “outperform” rating in a research report on Wednesday, January 21st. Cfra upgraded Netflix from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a research report on Friday, March 6th. Rothschild & Co Redburn set a $120.00 price objective on Netflix in a research note on Wednesday, January 21st. Wells Fargo & Company started coverage on Netflix in a report on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price objective on the stock. Finally, Benchmark reissued a “hold” rating on shares of Netflix in a research note on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Netflix presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.35.

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Netflix Company Profile

(Free Report)

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.

See Also

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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