Yeomans Consulting Group Inc. Increases Stock Position in Netflix, Inc. $NFLX

Yeomans Consulting Group Inc. grew its holdings in Netflix, Inc. (NASDAQ:NFLX) by 36.9% during the 2nd quarter, Holdings Channel reports. The firm owned 861 shares of the Internet television network’s stock after buying an additional 232 shares during the period. Yeomans Consulting Group Inc.’s holdings in Netflix were worth $1,114,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Oriental Harbor Investment Fund purchased a new stake in Netflix in the 2nd quarter valued at approximately $57,233,000. Mattern Capital Management LLC increased its position in Netflix by 8.1% during the second quarter. Mattern Capital Management LLC now owns 1,228 shares of the Internet television network’s stock worth $1,644,000 after buying an additional 92 shares in the last quarter. Ashton Thomas Securities LLC raised its holdings in shares of Netflix by 3.8% in the second quarter. Ashton Thomas Securities LLC now owns 4,534 shares of the Internet television network’s stock worth $6,072,000 after acquiring an additional 164 shares during the last quarter. 25 LLC lifted its position in shares of Netflix by 8.0% in the second quarter. 25 LLC now owns 243 shares of the Internet television network’s stock valued at $325,000 after acquiring an additional 18 shares in the last quarter. Finally, Hilltop National Bank acquired a new stake in shares of Netflix during the second quarter valued at $5,326,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently weighed in on NFLX. TD Cowen boosted their target price on shares of Netflix from $1,440.00 to $1,450.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Phillip Securities downgraded shares of Netflix from a “hold” rating to a “strong sell” rating in a report on Monday, July 21st. Canaccord Genuity Group reissued a “buy” rating on shares of Netflix in a research note on Thursday, July 10th. Piper Sandler lifted their target price on shares of Netflix from $1,400.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, July 18th. Finally, JPMorgan Chase & Co. boosted their price target on Netflix from $1,230.00 to $1,300.00 and gave the company a “neutral” rating in a report on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,334.03.

Netflix Stock Performance

NASDAQ NFLX opened at $1,162.53 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.34 and a quick ratio of 1.34. Netflix, Inc. has a 1-year low of $677.88 and a 1-year high of $1,341.15. The firm has a market capitalization of $493.99 billion, a P/E ratio of 49.53, a P/E/G ratio of 1.97 and a beta of 1.59. The business’s 50-day simple moving average is $1,207.90 and its 200-day simple moving average is $1,157.42.

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

Insider Buying and Selling at Netflix

In related news, CEO Gregory K. Peters sold 2,026 shares of the company’s stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total transaction of $2,344,973.44. Following the completion of the sale, the chief executive officer directly owned 12,781 shares of the company’s stock, valued at approximately $14,793,240.64. This represents a 13.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Spencer Adam Neumann sold 2,601 shares of the firm’s stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $1,162.40, for a total value of $3,023,402.40. Following the completion of the transaction, the chief financial officer directly owned 3,691 shares in the company, valued at $4,290,418.40. This trade represents a 41.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 104,100 shares of company stock worth $122,710,980. Corporate insiders own 1.37% of the company’s stock.

Netflix Company Profile

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.