B.O.S.S. Retirement Advisors LLC Invests $359,000 in Netflix, Inc. $NFLX

B.O.S.S. Retirement Advisors LLC acquired a new position in Netflix, Inc. (NASDAQ:NFLX) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 268 shares of the Internet television network’s stock, valued at approximately $359,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. SOA Wealth Advisors LLC. increased its stake in shares of Netflix by 13.9% in the second quarter. SOA Wealth Advisors LLC. now owns 19,009 shares of the Internet television network’s stock worth $25,456,000 after acquiring an additional 2,326 shares during the period. Northeast Financial Group Inc. grew its position in Netflix by 6.1% during the second quarter. Northeast Financial Group Inc. now owns 314 shares of the Internet television network’s stock valued at $420,000 after buying an additional 18 shares during the period. Dogwood Wealth Management LLC grew its position in Netflix by 335.8% during the second quarter. Dogwood Wealth Management LLC now owns 767 shares of the Internet television network’s stock valued at $979,000 after buying an additional 591 shares during the period. Client 1ST Advisory Group LLC acquired a new stake in Netflix during the second quarter valued at $224,000. Finally, Vigilare Wealth Management grew its position in Netflix by 140.3% during the second quarter. Vigilare Wealth Management now owns 805 shares of the Internet television network’s stock valued at $1,078,000 after buying an additional 470 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analyst Ratings Changes

Several research firms recently commented on NFLX. Seaport Res Ptn lowered shares of Netflix from a “strong-buy” rating to a “hold” rating in a research report on Sunday, July 6th. Jefferies Financial Group restated a “buy” rating on shares of Netflix in a research report on Thursday, September 11th. Rosenblatt Securities raised their price target on shares of Netflix from $1,514.00 to $1,515.00 and gave the company a “buy” rating in a research report on Friday, July 18th. JPMorgan Chase & Co. raised their price target on shares of Netflix from $1,230.00 to $1,300.00 and gave the company a “neutral” rating in a research report on Friday, July 18th. Finally, Barclays reiterated a “sell” rating and issued a $1,100.00 target price (up previously from $1,000.00) on shares of Netflix in a research report on Wednesday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,334.03.

Netflix Price Performance

Netflix stock opened at $1,170.90 on Thursday. The company’s 50 day simple moving average is $1,208.27 and its 200-day simple moving average is $1,155.95. The company has a market capitalization of $497.55 billion, a price-to-earnings ratio of 49.89, a price-to-earnings-growth ratio of 2.02 and a beta of 1.59. Netflix, Inc. has a 1 year low of $677.88 and a 1 year high of $1,341.15. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.34 and a current ratio of 1.34.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) 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 net margin of 24.58% and a return on equity of 42.50%. The business’s revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the firm earned $4.88 EPS. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. As a group, equities research analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insider Transactions at Netflix

In other Netflix news, CEO Gregory K. Peters sold 2,026 shares of the business’s stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total transaction of $2,344,973.44. Following the completion of the transaction, the chief executive officer owned 12,781 shares in the company, valued at $14,793,240.64. The trade was a 13.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Spencer Adam Neumann sold 2,601 shares of the company’s stock in a transaction on Friday, August 1st. The shares were 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 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 position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 59,324 shares of company stock valued at $70,235,556. 1.37% of the stock is owned by corporate insiders.

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.