Cwm LLC Acquires 1,521 Shares of Netflix, Inc. $NFLX

Cwm LLC grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 3.7% during the second quarter, Holdings Channel reports. The firm owned 42,525 shares of the Internet television network’s stock after purchasing an additional 1,521 shares during the period. Cwm LLC’s holdings in Netflix were worth $56,947,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of NFLX. Brighton Jones LLC raised its holdings in shares of Netflix by 5.0% during the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock valued at $4,804,000 after purchasing an additional 257 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in Netflix by 16.4% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after buying an additional 144 shares during the last quarter. GAMMA Investing LLC grew its stake in Netflix by 17.6% in the 1st quarter. GAMMA Investing LLC now owns 9,475 shares of the Internet television network’s stock valued at $8,836,000 after buying an additional 1,415 shares during the last quarter. Thomasville National Bank grew its stake in Netflix by 60.3% in the 1st quarter. Thomasville National Bank now owns 396 shares of the Internet television network’s stock valued at $369,000 after buying an additional 149 shares during the last quarter. Finally, NorthCrest Asset Manangement LLC grew its stake in Netflix by 11.7% in the 1st quarter. NorthCrest Asset Manangement LLC now owns 3,557 shares of the Internet television network’s stock valued at $3,317,000 after buying an additional 374 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Performance

NASDAQ NFLX opened at $1,220.08 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a market capitalization of $518.44 billion, a price-to-earnings ratio of 51.98, a P/E/G ratio of 2.05 and a beta of 1.59. The company’s fifty day moving average is $1,210.84 and its two-hundred day moving average is $1,168.46. Netflix, Inc. has a 52-week low of $677.88 and a 52-week high of $1,341.15.

Netflix (NASDAQ:NFLXGet Free Report) last posted its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 24.58% and a return on equity of 42.50%. The business’s quarterly revenue was up 15.9% on a year-over-year basis. During the same period last year, the business posted $4.88 EPS. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Equities research analysts forecast that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Transactions at Netflix

In other news, Director Reed Hastings sold 42,176 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $1,171.92, for a total value of $49,426,897.92. Following the sale, the director directly owned 394 shares in the company, valued at approximately $461,736.48. This represents a 99.07% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider David A. Hyman sold 424 shares of the stock in a transaction that occurred on 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 completion of the transaction, the insider directly owned 31,610 shares of the company’s stock, 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. Over the last three months, insiders have sold 104,100 shares of company stock valued at $122,710,980. Corporate insiders own 1.37% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on NFLX shares. UBS Group set a $1,425.00 target price on shares of Netflix in a research note on Tuesday. Pivotal Research reiterated a “buy” rating on shares of Netflix in a research note on Thursday, July 10th. Phillip Securities lowered shares of Netflix from a “hold” rating to a “strong sell” rating in a research note on Monday, July 21st. Citigroup reiterated a “neutral” rating and issued a $1,295.00 target price (up from $1,280.00) on shares of Netflix in a research note on Friday, October 3rd. Finally, TD Cowen lowered their target price on shares of Netflix from $1,450.00 to $1,425.00 and set a “buy” rating on the stock in a research note on Tuesday, October 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,337.63.

Read Our Latest Research Report on Netflix

Netflix Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLXFree Report).

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.