SSA Swiss Advisors AG Sells 1,025 Shares of Netflix, Inc. $NFLX

SSA Swiss Advisors AG lowered its position in Netflix, Inc. (NASDAQ:NFLX) by 29.2% in the second quarter, HoldingsChannel.com reports. The fund owned 2,487 shares of the Internet television network’s stock after selling 1,025 shares during the quarter. Netflix comprises 1.6% of SSA Swiss Advisors AG’s portfolio, making the stock its 26th biggest position. SSA Swiss Advisors AG’s holdings in Netflix were worth $3,330,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of NFLX. Stephens Consulting LLC raised its position in Netflix by 150.0% in the 2nd quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock worth $33,000 after purchasing an additional 15 shares during the last quarter. Flaharty Asset Management LLC bought a new position in Netflix in the 1st quarter worth approximately $37,000. Maseco LLP bought a new position in Netflix in the 2nd quarter worth approximately $39,000. LGT Financial Advisors LLC bought a new position in Netflix in the 2nd quarter worth approximately $40,000. Finally, Barnes Dennig Private Wealth Management LLC bought a new position in Netflix in the 1st quarter worth approximately $42,000. Institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Benchmark restated a “hold” rating on shares of Netflix in a research report on Wednesday. Seaport Res Ptn raised shares of Netflix from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Netflix in a report on Wednesday, October 8th. Robert W. Baird lifted their target price on shares of Netflix from $1,300.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Monday, July 21st. Finally, UBS Group set a $1,500.00 target price on shares of Netflix in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $1,352.78.

Netflix Price Performance

Shares of NFLX stock opened at $1,094.69 on Friday. Netflix, Inc. has a 12-month low of $747.77 and a 12-month high of $1,341.15. The firm has a market capitalization of $463.85 billion, a price-to-earnings ratio of 45.73, a price-to-earnings-growth ratio of 1.92 and a beta of 1.59. The company has a quick ratio of 1.34, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. The firm has a fifty day moving average of $1,207.21 and a 200-day moving average of $1,185.28.

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

Insider Transactions at Netflix

In related news, insider David A. Hyman sold 424 shares of the company’s stock in a transaction 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 of the company’s stock, valued at approximately $36,625,558.70. This represents a 1.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Spencer Adam Neumann sold 2,601 shares of the company’s stock in a transaction on Friday, August 1st. The stock was sold at an average price of $1,162.40, for a total transaction of $3,023,402.40. Following the completion of the transaction, the chief financial officer directly owned 3,691 shares of the company’s stock, valued at approximately $4,290,418.40. The trade was a 41.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 104,100 shares of company stock worth $122,710,980. Company 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.