Consilium Wealth Advisory LLC Grows Stake in Netflix, Inc. $NFLX

Consilium Wealth Advisory LLC raised its stake in Netflix, Inc. (NASDAQ:NFLX) by 4.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 557 shares of the Internet television network’s stock after purchasing an additional 23 shares during the quarter. Consilium Wealth Advisory LLC’s holdings in Netflix were worth $746,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Halbert Hargrove Global Advisors LLC increased 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 purchased a new stake in Netflix during the 2nd quarter worth $39,000. Ransom Advisory Ltd purchased a new stake in Netflix during the 2nd quarter worth $47,000. Flaharty Asset Management LLC purchased a new stake in Netflix during the 1st quarter worth $37,000. Finally, Signature Resources Capital Management LLC increased 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 hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NFLX has been the topic of several analyst reports. Phillip Securities downgraded shares of Netflix from a “hold” rating to a “strong sell” rating in a research note on Monday, July 21st. Jefferies Financial Group reissued a “buy” rating on shares of Netflix in a report on Thursday, September 11th. Needham & Company LLC reissued a “buy” rating and set a $1,500.00 price objective on shares of Netflix in a report on Wednesday, September 10th. Wells Fargo & Company raised their price objective on shares of Netflix from $1,500.00 to $1,560.00 and gave the stock an “overweight” rating in a report on Friday, July 18th. Finally, Pivotal Research reissued a “buy” rating on shares of Netflix in a report on Thursday, July 10th. One research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Netflix currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,335.00.

Insider Activity at Netflix

In related news, 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 transaction of $3,023,402.40. Following the transaction, the chief financial officer directly owned 3,691 shares of the company’s stock, valued at $4,290,418.40. The trade was a 41.34% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider David A. Hyman sold 424 shares of Netflix stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $1,158.67, for a total value of $491,276.08. Following the transaction, the insider directly owned 31,610 shares in the company, valued at approximately $36,625,558.70. The trade was a 1.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 104,100 shares of company stock valued at $122,710,980. 1.37% of the stock is owned by corporate insiders.

Netflix Price Performance

Shares of NFLX opened at $1,153.32 on Friday. The firm has a market capitalization of $490.08 billion, a price-to-earnings ratio of 49.14, a price-to-earnings-growth ratio of 1.96 and a beta of 1.59. 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, Inc. has a one year low of $677.88 and a one year high of $1,341.15. The stock’s fifty day moving average is $1,207.36 and its 200-day moving average is $1,158.96.

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

Netflix 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.