Netflix, Inc. $NFLX Shares Bought by Round Rock Advisors LLC

Round Rock Advisors LLC raised its position in Netflix, Inc. (NASDAQ:NFLXFree Report) by 628.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,880 shares of the Internet television network’s stock after acquiring an additional 8,523 shares during the quarter. Round Rock Advisors LLC’s holdings in Netflix were worth $926,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Imprint Wealth LLC acquired a new position in Netflix in the 3rd quarter valued at about $25,000. Bare Financial Services Inc grew its position in Netflix by 93.3% in the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after acquiring an additional 14 shares in the last quarter. Horizon Financial Services LLC grew its position in Netflix by 480.0% in the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after acquiring an additional 24 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new position in Netflix in the 3rd quarter valued at about $36,000. Finally, Marquette Asset Management LLC acquired a new position in Netflix in the 3rd quarter valued at about $44,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Netflix

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Analyst Upgrades and Downgrades

Several research firms have weighed in on NFLX. China Renaissance lifted their target price on Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a research report on Friday. JPMorgan Chase & Co. decreased their price objective on Netflix from $120.00 to $118.00 and set an “overweight” rating for the company in a research note on Friday. Evercore assumed coverage on Netflix in a research note on Friday, February 27th. They issued an “outperform” rating and a $115.00 price objective for the company. Sanford C. Bernstein decreased their price objective on Netflix from $115.00 to $110.00 and set an “outperform” rating for the company in a research note on Friday. Finally, Wolfe Research reiterated an “outperform” rating and issued a $107.00 price objective on shares of Netflix in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.85.

Check Out Our Latest Research Report on NFLX

Insider Activity

In related news, insider David A. Hyman sold 5,727 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $81.06, for a total transaction of $464,230.62. Following the completion of the sale, the insider owned 316,100 shares in the company, valued at $25,623,066. The trade was a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Cletus R. Willems sold 3,136 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total value of $259,253.12. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,487,794 shares of company stock valued at $136,255,772 over the last 90 days. Insiders own 1.37% of the company’s stock.

Netflix Stock Performance

Shares of NFLX opened at $94.83 on Tuesday. The stock has a 50-day simple moving average of $92.47 and a 200-day simple moving average of $98.23. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.19 and a current ratio of 1.41. The stock has a market capitalization of $399.31 billion, a PE ratio of 30.63, a PEG ratio of 1.44 and a beta of 1.67. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.47. The firm had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts predict that Netflix, Inc. will post 3.19 earnings per share for the current fiscal year.

About Netflix

(Free Report)

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.

See Also

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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