Gould Capital LLC Purchases 13,824 Shares of Netflix, Inc. $NFLX

Gould Capital LLC increased its position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 907.1% during the 4th quarter, Holdings Channel reports. The firm owned 15,348 shares of the Internet television network’s stock after acquiring an additional 13,824 shares during the period. Gould Capital LLC’s holdings in Netflix were worth $1,439,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of NFLX. Imprint Wealth LLC bought a new stake in shares of Netflix during the third quarter valued at approximately $25,000. Bare Financial Services Inc raised its position in shares of Netflix by 93.3% during the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after buying an additional 14 shares during the last quarter. Horizon Financial Services LLC raised its position in shares of Netflix by 480.0% during the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after buying an additional 24 shares during the last quarter. Redmont Wealth Advisors LLC bought a new stake in shares of Netflix during the third quarter valued at approximately $36,000. Finally, Promus Capital LLC bought a new stake in shares of Netflix during the third quarter valued at approximately $48,000. 80.93% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the completion of the sale, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Reed Hastings sold 386,700 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $85.97, for a total transaction of $33,244,599.00. Following the sale, the director directly owned 3,940 shares of the company’s stock, valued at approximately $338,721.80. The trade was a 98.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,313,029 shares of company stock valued at $120,315,776 over the last quarter. 1.24% of the stock is owned by company insiders.

Netflix Trading Down 1.1%

NFLX stock opened at $80.34 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The stock has a market capitalization of $338.30 billion, a price-to-earnings ratio of 25.95, a price-to-earnings-growth ratio of 1.03 and a beta of 1.50. The firm’s fifty day simple moving average is $90.93 and its two-hundred day simple moving average is $91.11.

Netflix (NASDAQ:NFLXGet Free Report) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. The firm had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business’s revenue was up 16.2% on a year-over-year basis. During the same period in the previous year, the firm earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on NFLX. Evercore began coverage on shares of Netflix in a research report on Friday, February 27th. They set an “outperform” rating and a $115.00 price objective on the stock. Oppenheimer set a $120.00 price objective on shares of Netflix and gave the company an “outperform” rating in a research report on Friday, April 17th. Morgan Stanley reiterated an “overweight” rating on shares of Netflix in a research report on Friday, April 17th. Citizens Jmp restated a “market perform” rating on shares of Netflix in a research report on Wednesday, April 15th. Finally, Citic Securities boosted their price target on shares of Netflix from $95.00 to $107.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $114.39.

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Netflix Profile

(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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