First Command Advisory Services Inc. Acquires 26 Shares of Netflix, Inc. $NFLX

First Command Advisory Services Inc. boosted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 3.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 799 shares of the Internet television network’s stock after purchasing an additional 26 shares during the quarter. First Command Advisory Services Inc.’s holdings in Netflix were worth $1,070,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Banco Santander S.A. increased its holdings in shares of Netflix by 18.9% during the second quarter. Banco Santander S.A. now owns 70,607 shares of the Internet television network’s stock valued at $94,552,000 after acquiring an additional 11,245 shares in the last quarter. Ashton Thomas Private Wealth LLC increased its holdings in shares of Netflix by 6.7% during the second quarter. Ashton Thomas Private Wealth LLC now owns 7,101 shares of the Internet television network’s stock valued at $9,509,000 after acquiring an additional 445 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its holdings in shares of Netflix by 121.5% during the second quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 7,042 shares of the Internet television network’s stock valued at $9,426,000 after acquiring an additional 3,863 shares in the last quarter. Solstein Capital LLC increased its holdings in shares of Netflix by 38.8% during the second quarter. Solstein Capital LLC now owns 483 shares of the Internet television network’s stock valued at $647,000 after acquiring an additional 135 shares in the last quarter. Finally, Delta Investment Management LLC increased its holdings in shares of Netflix by 12.9% during the second quarter. Delta Investment Management LLC now owns 298 shares of the Internet television network’s stock valued at $399,000 after acquiring an additional 34 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Down 1.7%

Shares of NASDAQ:NFLX opened at $1,094.69 on Monday. The stock has a market cap of $463.85 billion, a price-to-earnings ratio of 45.73, a PEG ratio of 1.89 and a beta of 1.59. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56. Netflix, Inc. has a 12-month low of $747.77 and a 12-month high of $1,341.15. The business’s 50 day moving average is $1,207.21 and its 200 day moving average is $1,189.16.

Netflix (NASDAQ:NFLX) last announced its 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). The company had revenue of $11.51 billion for the quarter, compared to analysts’ expectations of $11.52 billion. Netflix had a net margin of 24.05% and a return on equity of 41.86%. The firm’s quarterly revenue was up 17.2% on a year-over-year basis. During the same period in the previous year, the firm earned $5.40 EPS. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. On average, sell-side analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Netflix news, CEO Theodore A. Sarandos sold 2,026 shares of the business’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $1,160.62, for a total value of $2,351,416.12. Following the transaction, the chief executive officer owned 15,168 shares of the company’s stock, valued at approximately $17,604,284.16. The trade was a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gregory K. Peters sold 2,026 shares of the business’s stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 12,781 shares in the company, valued at approximately $14,793,240.64. This represents a 13.68% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 104,100 shares of company stock valued at $122,710,980. 1.37% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Cowen restated a “buy” rating on shares of Netflix in a report on Tuesday, October 7th. Canaccord Genuity Group restated a “buy” rating and set a $1,525.00 price objective on shares of Netflix in a report on Wednesday, October 22nd. Wall Street Zen downgraded Netflix from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Morgan Stanley set a $1,500.00 price objective on Netflix in a report on Monday, October 13th. Finally, Wedbush cut their target price on Netflix from $1,500.00 to $1,400.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 22nd. Two 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 given a Sell rating to the company. Based on data from MarketBeat, Netflix has a consensus rating of “Moderate Buy” and a consensus price target of $1,352.78.

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.