AG2R LA Mondiale Gestion D Actifs Has $21.28 Million Stock Holdings in Netflix, Inc. $NFLX

AG2R LA Mondiale Gestion D Actifs raised its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 0.9% in the 2nd quarter, Holdings Channel reports. The firm owned 15,893 shares of the Internet television network’s stock after acquiring an additional 141 shares during the period. Netflix accounts for approximately 1.1% of AG2R LA Mondiale Gestion D Actifs’ holdings, making the stock its 14th largest position. AG2R LA Mondiale Gestion D Actifs’ holdings in Netflix were worth $21,283,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NFLX. Brighton Jones LLC lifted its position in shares of Netflix by 5.0% during the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after buying an additional 257 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in Netflix by 16.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock worth $912,000 after acquiring an additional 144 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of Netflix by 17.6% in the first quarter. GAMMA Investing LLC now owns 9,475 shares of the Internet television network’s stock worth $8,836,000 after acquiring an additional 1,415 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Netflix by 4.4% in the first quarter. Sequoia Financial Advisors LLC now owns 14,696 shares of the Internet television network’s stock worth $13,705,000 after acquiring an additional 622 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in shares of Netflix by 6.2% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 465 shares of the Internet television network’s stock valued at $434,000 after purchasing an additional 27 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

NFLX has been the subject of a number of research analyst reports. Sanford C. Bernstein reiterated a “buy” rating on shares of Netflix in a research report on Friday, October 17th. Citigroup reiterated a “neutral” rating and set a $1,295.00 price target (up from $1,280.00) on shares of Netflix in a report on Friday, October 3rd. Wall Street Zen cut Netflix from a “buy” rating to a “hold” rating in a research note on Saturday, October 4th. BMO Capital Markets restated an “outperform” rating and set a $1,425.00 price objective (up previously from $1,200.00) on shares of Netflix in a research report on Tuesday, July 15th. Finally, Rosenblatt Securities increased their target price on Netflix from $1,515.00 to $1,530.00 and gave the company a “buy” rating in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,352.78.

Netflix Stock Performance

NASDAQ:NFLX opened at $1,094.69 on Friday. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.33. Netflix, Inc. has a fifty-two week low of $747.77 and a fifty-two week high of $1,341.15. The company has a 50 day simple moving average of $1,207.21 and a two-hundred day simple moving average of $1,185.28. The company has a market capitalization of $463.85 billion, a PE ratio of 45.73, a P/E/G ratio of 1.92 and a beta of 1.59.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.88 by ($1.01). Netflix had a net margin of 24.05% and a return on equity of 41.86%. The business had revenue of $11.51 billion during the quarter, compared to analyst estimates of $11.52 billion. During the same period in the prior year, the firm earned $5.40 earnings per share. The firm’s revenue for the quarter was up 17.2% compared to the same quarter last year. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. Research analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insiders Place Their Bets

In other Netflix news, CEO Theodore A. Sarandos sold 2,026 shares of Netflix stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $1,160.62, for a total transaction of $2,351,416.12. Following the completion of the transaction, the chief executive officer owned 15,168 shares in the company, valued at approximately $17,604,284.16. The trade was a 11.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Reed Hastings sold 42,176 shares of the firm’s stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $1,171.92, for a total value of $49,426,897.92. Following the sale, the director directly owned 394 shares of the company’s stock, valued at approximately $461,736.48. This represents a 99.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,100 shares of company stock worth $122,710,980 over the last three months. Insiders own 1.37% of the company’s stock.

Netflix 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.