Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Makes New Investment in Netflix, Inc. $NFLX

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new position in Netflix, Inc. (NASDAQ:NFLXFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 181,004 shares of the Internet television network’s stock, valued at approximately $16,971,000. Netflix accounts for about 1.1% of Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD’s portfolio, making the stock its 29th largest holding.

Other large investors have also modified their holdings of the company. Imprint Wealth LLC acquired a new position in shares of Netflix in the third quarter worth about $25,000. Bare Financial Services Inc raised its position in shares of Netflix by 93.3% in the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 14 shares during the period. Horizon Financial Services LLC raised its position in shares of Netflix by 480.0% in the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 24 shares during the period. Redmont Wealth Advisors LLC acquired a new position in shares of Netflix in the third quarter worth about $36,000. Finally, Promus Capital LLC acquired a new position in shares of Netflix in the third quarter worth about $48,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

Insider Activity at Netflix

In related news, Director Reed Hastings sold 386,700 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $85.97, for a total transaction of $33,244,599.00. Following the completion of the sale, the director owned 3,940 shares of the company’s stock, valued at approximately $338,721.80. This represents a 98.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Theodore A. Sarandos sold 27,312 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the sale, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at approximately $25,054,207.88. This represents a 8.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,313,029 shares of company stock worth $120,315,776 in the last 90 days. 1.24% of the stock is owned by insiders.

Netflix Stock Up 0.8%

Shares of NASDAQ NFLX opened at $82.18 on Friday. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12. The stock has a market cap of $346.04 billion, a PE ratio of 26.54, a P/E/G ratio of 1.04 and a beta of 1.50. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a 50-day moving average of $92.21 and a 200 day moving average of $92.07.

Netflix (NASDAQ:NFLXGet Free Report) last announced its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. During the same quarter in the prior year, the company earned $6.61 EPS. Netflix’s revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, sell-side analysts predict that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on NFLX. DZ Bank reiterated a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Needham & Company LLC restated a “buy” rating on shares of Netflix in a research report on Friday, April 17th. JPMorgan Chase & Co. restated a “buy” rating on shares of Netflix in a research report on Wednesday, April 22nd. Citic Securities upped their price target on shares of Netflix from $95.00 to $107.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Finally, HSBC upped their price target on shares of Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have given a Hold rating to the company. According to data from MarketBeat, Netflix presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.

Read Our Latest Analysis on Netflix

Netflix Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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