Quadrature Capital Ltd Purchases 141,333 Shares of Netflix, Inc. $NFLX

Quadrature Capital Ltd grew its position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 157.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 231,068 shares of the Internet television network’s stock after buying an additional 141,333 shares during the quarter. Netflix comprises about 3.3% of Quadrature Capital Ltd’s investment portfolio, making the stock its 3rd largest position. Quadrature Capital Ltd’s holdings in Netflix were worth $276,907,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of Netflix by 0.4% during the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock worth $46,183,983,000 after acquiring an additional 142,238 shares during the last quarter. CIBC Capital Markets Europe S.A. increased its holdings in shares of Netflix by 171.4% in the 3rd quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network’s stock worth $79,732,000 after acquiring an additional 42,000 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Netflix by 6.6% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 302,182 shares of the Internet television network’s stock valued at $362,292,000 after purchasing an additional 18,837 shares during the last quarter. NEOS Investment Management LLC lifted its position in Netflix by 64.6% in the 3rd quarter. NEOS Investment Management LLC now owns 177,297 shares of the Internet television network’s stock valued at $212,565,000 after purchasing an additional 69,570 shares during the last quarter. Finally, Bornite Capital Management LP acquired a new position in Netflix during the 3rd quarter valued at about $29,973,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Activity

In other news, CFO Spencer Adam Neumann sold 57,260 shares of Netflix stock in a transaction on Friday, February 27th. The stock was sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $7,046,658.50. This trade represents a 43.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gregory K. Peters sold 105,781 shares of the business’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $82.94, for a total value of $8,773,476.14. Following the completion of the sale, the chief executive officer directly owned 122,140 shares in the company, valued at $10,130,291.60. This represents a 46.41% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,520,133 shares of company stock worth $137,259,786 in the last quarter. 1.37% of the stock is currently owned by corporate insiders.

Netflix Trading Down 0.6%

Shares of NASDAQ:NFLX opened at $94.31 on Friday. The company has a 50 day moving average of $86.48 and a 200-day moving average of $102.86. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. The firm has a market cap of $398.19 billion, a P/E ratio of 37.32, a P/E/G ratio of 1.45 and a beta of 1.68. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last posted its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same quarter last year, the business earned $0.43 earnings per share. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. KeyCorp set a $110.00 target price on shares of Netflix and gave the stock an “overweight” rating in a research report on Friday, January 16th. Wedbush reiterated an “outperform” rating and set a $115.00 price objective on shares of Netflix in a research report on Friday, February 20th. Needham & Company LLC decreased their price objective on Netflix from $150.00 to $120.00 and set a “buy” rating for the company in a report on Wednesday, January 21st. Citic Securities lowered their target price on Netflix from $109.00 to $95.00 and set a “hold” rating on the stock in a research report on Monday, January 26th. Finally, Rosenblatt Securities lifted their target price on Netflix from $94.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday, February 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fourteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $114.67.

Read Our Latest Stock Report on NFLX

Key Stories Impacting Netflix

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About Netflix

(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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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