Avior Wealth Management LLC Has $5.77 Million Stock Holdings in Netflix, Inc. $NFLX

Avior Wealth Management LLC grew its holdings in Netflix, Inc. (NASDAQ:NFLX) by 47.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,312 shares of the Internet television network’s stock after purchasing an additional 1,384 shares during the quarter. Avior Wealth Management LLC’s holdings in Netflix were worth $5,774,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC raised its stake in Netflix by 100.0% during the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network’s stock worth $25,000 after buying an additional 13 shares during the period. Maseco LLP acquired a new position in Netflix during the 2nd quarter worth approximately $39,000. Ransom Advisory Ltd acquired a new position in Netflix during the 2nd quarter worth approximately $47,000. Flaharty Asset Management LLC acquired a new position in Netflix during the 1st quarter worth approximately $37,000. Finally, Signature Resources Capital Management LLC raised its stake in Netflix by 740.0% during the 2nd quarter. Signature Resources Capital Management LLC now owns 42 shares of the Internet television network’s stock worth $56,000 after buying an additional 37 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Trading Up 0.2%

NASDAQ NFLX opened at $1,210.61 on Friday. The stock’s 50-day simple moving average is $1,208.75 and its two-hundred day simple moving average is $1,151.70. Netflix, Inc. has a twelve month low of $677.88 and a twelve month high of $1,341.15. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $514.42 billion, a price-to-earnings ratio of 51.58, a PEG ratio of 2.04 and a beta of 1.60.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share for the quarter, beating analysts’ consensus estimates of $7.07 by $0.12. The business had revenue of $11.08 billion for the quarter, compared to the consensus estimate of $11.04 billion. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The company’s revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter last year, the business posted $4.88 earnings per share. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Research analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Analyst Ratings Changes

NFLX has been the subject of several analyst reports. Rosenblatt Securities increased their price objective on Netflix from $1,514.00 to $1,515.00 and gave the stock a “buy” rating in a research note on Friday, July 18th. Jefferies Financial Group reissued a “buy” rating on shares of Netflix in a research note on Thursday, September 11th. Seaport Res Ptn downgraded Netflix from a “strong-buy” rating to a “hold” rating in a research note on Sunday, July 6th. Canaccord Genuity Group reissued a “buy” rating on shares of Netflix in a research note on Thursday, July 10th. Finally, Oppenheimer upped their target price on Netflix from $1,200.00 to $1,425.00 and gave the company an “outperform” rating in a report on Thursday, June 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, Netflix has a consensus rating of “Moderate Buy” and a consensus target price of $1,328.87.

Insider Buying and Selling

In other 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 value of $2,351,416.12. Following 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Spencer Adam Neumann sold 2,601 shares of Netflix stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $1,162.40, for a total value of $3,023,402.40. Following the completion of the transaction, the chief financial officer owned 3,691 shares in the company, valued at approximately $4,290,418.40. This represents a 41.34% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 88,728 shares of company stock worth $108,700,648 in the last ninety days. Corporate insiders own 1.37% of the company’s stock.

About Netflix

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.