One Wealth Advisors LLC Buys 91 Shares of Netflix, Inc. $NFLX

One Wealth Advisors LLC boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 8.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,166 shares of the Internet television network’s stock after buying an additional 91 shares during the quarter. One Wealth Advisors LLC’s holdings in Netflix were worth $1,561,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of NFLX. Halbert Hargrove Global Advisors LLC raised its position in shares of Netflix by 100.0% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock valued at $25,000 after buying an additional 13 shares during the last quarter. Maseco LLP acquired a new stake in Netflix during the second quarter worth about $39,000. Ransom Advisory Ltd bought a new position in Netflix during the second quarter valued at about $47,000. Flaharty Asset Management LLC bought a new position in Netflix during the first quarter valued at about $37,000. Finally, Signature Resources Capital Management LLC raised its holdings in Netflix by 740.0% in the 2nd quarter. Signature Resources Capital Management LLC now owns 42 shares of the Internet television network’s stock valued at $56,000 after acquiring an additional 37 shares in the last quarter. 80.93% of the stock is owned by institutional investors.

Insider Activity at Netflix

In related news, insider Cletus R. Willems sold 238 shares of the stock in a transaction that occurred on 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 document filed with the SEC, which is available through the SEC website. Also, CEO Theodore A. Sarandos sold 2,026 shares of the firm’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $1,160.62, for a total value of $2,351,416.12. Following the sale, the chief executive officer directly owned 15,168 shares of the company’s stock, valued at $17,604,284.16. This represents a 11.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 59,324 shares of company stock valued at $70,235,556. Insiders own 1.37% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on NFLX. Jefferies Financial Group reissued a “buy” rating on shares of Netflix in a report on Thursday, September 11th. Wall Street Zen raised Netflix from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Barclays reissued a “sell” rating and issued a $1,100.00 price target (up previously from $1,000.00) on shares of Netflix in a report on Wednesday, July 9th. Robert W. Baird increased their price objective on shares of Netflix from $1,300.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Monday, July 21st. Finally, Oppenheimer raised their price objective on shares of Netflix from $1,200.00 to $1,425.00 and gave the stock an “outperform” rating in a report on Thursday, June 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $1,328.87.

Netflix Stock Down 0.3%

Shares of NASDAQ NFLX opened at $1,206.41 on Tuesday. Netflix, Inc. has a 52-week low of $677.88 and a 52-week high of $1,341.15. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.34 and a current ratio of 1.34. The business has a fifty day moving average of $1,208.21 and a two-hundred day moving average of $1,155.55. The stock has a market cap of $512.63 billion, a PE ratio of 51.40, a PEG ratio of 2.04 and a beta of 1.60.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share for the quarter, topping the consensus estimate of $7.07 by $0.12. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The business had revenue of $11.08 billion for the quarter, compared to analyst estimates of $11.04 billion. During the same quarter in the prior year, the firm earned $4.88 EPS. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. As a group, equities research analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

About Netflix

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.