10,543 Shares in Netflix, Inc. $NFLX Acquired by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. purchased a new stake in Netflix, Inc. (NASDAQ:NFLX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,543 shares of the Internet television network’s stock, valued at approximately $778,000.

Several other institutional investors have also modified their holdings of NFLX. Imprint Wealth LLC purchased a new position in Netflix in the third quarter valued at $25,000. Wealth Watch Advisors INC acquired a new position in Netflix during the 3rd quarter worth $103,000. Strategic Wealth Investment Group LLC purchased a new stake in Netflix during the 2nd quarter worth about $121,000. Wiser Advisor Group LLC purchased a new stake in Netflix during the 3rd quarter worth about $114,000. Finally, Beaird Harris Wealth Management LLC raised its position in Netflix by 9.6% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network’s stock valued at $137,000 after purchasing an additional 10 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Price Performance

Netflix stock opened at $78.16 on Monday. Netflix, Inc. has a fifty-two week low of $65.08 and a fifty-two week high of $126.71. 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 market capitalization of $325.45 billion, a P/E ratio of 24.60, a PEG ratio of 0.98 and a beta of 1.52. The stock has a 50-day simple moving average of $74.67 and a 200-day simple moving average of $84.53.

Netflix (NASDAQ:NFLX) last announced its earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The firm 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%.The business’s revenue was up 13.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.72 EPS. Equities research analysts expect that Netflix, Inc. will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on NFLX. CLSA initiated coverage on Netflix in a research report on Monday, July 20th. They set an “outperform” rating for the company. JPMorgan Chase & Co. reduced their target price on shares of Netflix from $118.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, July 17th. Raymond James Financial reiterated a “market perform” rating on shares of Netflix in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft set a $110.00 price target on shares of Netflix in a report on Monday, July 20th. Finally, Seaport Research Partners lowered shares of Netflix from a “buy” rating to a “neutral” rating in a report on Monday, July 20th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $103.48.

Insiders Place Their Bets

In other news, CEO Theodore A. Sarandos sold 27,312 shares of Netflix stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $73.35, for a total value of $2,003,335.20. Following the transaction, the chief executive officer directly owned 178,954 shares of the company’s stock, valued at $13,126,275.90. The trade was a 13.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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, insider David A. Hyman sold 5,723 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total transaction of $416,920.55. Following the completion of the sale, the insider owned 316,100 shares of the company’s stock, valued at approximately $23,027,885. This trade represents a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 600,295 shares of company stock valued at $49,056,671. 1.24% of the stock is owned by insiders.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bill Ackman’s Pershing Square disclosed a new Netflix position of approximately 3.15 million shares, representing about 4.9% of the fund’s portfolio. Ackman said Netflix has effectively “won the streaming wars,” renewing investor interest after the stock’s major sell-off. Reuters article
• Positive Sentiment: Analysts and investing commentators point to Netflix’s resilient fundamentals: second-quarter revenue rose 13.4% year over year to $12.6 billion, earnings per share slightly exceeded estimates, and profitability remained strong. The advertising business, expanding margins and a valuation viewed as reasonable relative to growth are supporting the bullish case. Zacks article
• Positive Sentiment: Netflix’s continued push into live sports—including an MLB “Field of Dreams” game—and the extension of its Seinfeld agreement could strengthen engagement, advertising opportunities and content retention. MLB live sports article
• Neutral Sentiment: Institutional positioning is mixed: some large investors added shares while others reduced holdings. Analysts’ reported price targets remain above the current market level, but investors still must weigh valuation and slowing growth expectations.
• Negative Sentiment: Netflix closed its Hollywood-based Night School gaming studio and plans to close Helsinki-based Moonloot. The closures may improve focus and reduce costs, but they also raise questions about the company’s gaming strategy and ability to expand beyond streaming. Los Angeles Times article
• Negative Sentiment: Reported insider trading shows 30 Netflix open-market sales and no purchases over the past six months. While such sales may reflect compensation or diversification, the one-sided pattern can weigh on sentiment and contrasts with Ackman’s new bullish position. Quiver Quantitative article

Netflix Company Profile

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.