Netflix, Inc. $NFLX Shares Bought by Caitlin John LLC

Caitlin John LLC raised its position in Netflix, Inc. (NASDAQ:NFLXFree Report) by 37.8% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 1,050 shares of the Internet television network’s stock after buying an additional 288 shares during the quarter. Netflix comprises about 1.3% of Caitlin John LLC’s holdings, making the stock its 25th largest position. Caitlin John LLC’s holdings in Netflix were worth $1,406,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Halbert Hargrove Global Advisors LLC boosted its position 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 purchasing an additional 13 shares in the last quarter. Copia Wealth Management purchased a new stake in shares of Netflix during the 4th quarter worth $37,000. Flaharty Asset Management LLC purchased a new stake in shares of Netflix during the 1st quarter worth $37,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Netflix during the 1st quarter worth $42,000. Finally, 1248 Management LLC purchased a new stake in shares of Netflix during the 1st quarter worth $43,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Trading Up 1.6%

Shares of NFLX stock opened at $1,226.97 on Monday. The stock has a 50-day simple moving average of $1,212.49 and a 200 day simple moving average of $1,142.30. Netflix, Inc. has a fifty-two week low of $677.88 and a fifty-two week high of $1,341.15. The stock has a market capitalization of $521.38 billion, a P/E ratio of 52.28, a P/E/G ratio of 2.07 and a beta of 1.60. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58.

Netflix (NASDAQ:NFLXGet Free Report) last released its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share for the quarter, beating analysts’ consensus estimates of $7.07 by $0.12. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The business had revenue of $11.08 billion during the quarter, compared to analyst estimates of $11.04 billion. During the same quarter last year, the company posted $4.88 EPS. Netflix’s revenue for the quarter was up 15.9% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. On average, sell-side analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Analysts Set New Price Targets

NFLX has been the topic of several recent research reports. Sanford C. Bernstein boosted their price objective on shares of Netflix from $1,200.00 to $1,390.00 and gave the stock an “outperform” rating in a research report on Thursday, July 17th. UBS Group reiterated a “market underperform” rating on shares of Netflix in a research report on Saturday, July 19th. Canaccord Genuity Group reiterated a “buy” rating on shares of Netflix in a research report on Thursday, July 10th. Pivotal Research reiterated a “buy” rating on shares of Netflix in a research report on Thursday, July 10th. Finally, Rosenblatt Securities boosted their price objective on shares of Netflix from $1,514.00 to $1,515.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,328.87.

Get Our Latest Analysis on Netflix

Insider Activity at Netflix

In related news, CEO Gregory K. Peters sold 2,026 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $1,157.44, for a total value of $2,344,973.44. Following the transaction, the chief executive officer directly owned 12,781 shares of the company’s stock, valued at approximately $14,793,240.64. This trade represents a 13.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider David A. Hyman sold 424 shares of the firm’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,158.67, for a total value of $491,276.08. Following the completion of the transaction, the insider directly owned 31,610 shares in the company, valued at $36,625,558.70. The trade was a 1.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 89,348 shares of company stock worth $109,498,489. 1.37% of the stock is currently owned by corporate insiders.

About Netflix

(Free Report)

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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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