Netflix, Inc. $NFLX Shares Bought by USS Investment Management Ltd

USS Investment Management Ltd raised its stake in Netflix, Inc. (NASDAQ:NFLXFree Report) by 31.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 886,527 shares of the Internet television network’s stock after buying an additional 213,972 shares during the period. USS Investment Management Ltd’s holdings in Netflix were worth $85,244,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in NFLX. First Financial Corp IN grew its holdings in shares of Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 243 shares during the period. DiNuzzo Private Wealth Inc. raised its holdings in Netflix by 885.2% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. raised its holdings in Netflix by 13,400.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares during the last quarter. Imprint Wealth LLC acquired a new position in Netflix during the third quarter worth $25,000. Finally, Cornerstone Financial Management LLC purchased a new stake in Netflix during the fourth quarter worth $26,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on NFLX. Deutsche Bank Aktiengesellschaft upped their target price on Netflix from $98.00 to $100.00 and gave the company a “hold” rating in a report on Tuesday, April 14th. TD Cowen reiterated a “buy” rating on shares of Netflix in a research report on Thursday, May 14th. Moffett Nathanson decreased their price objective on shares of Netflix from $120.00 to $115.00 and set a “buy” rating on the stock in a research report on Wednesday, June 17th. DZ Bank reissued a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Finally, Citizens Jmp restated a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $114.26.

Check Out Our Latest Stock Report on NFLX

Netflix Stock Performance

NASDAQ NFLX opened at $71.40 on Wednesday. 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 fifty-two week low of $70.86 and a fifty-two week high of $133.88. The business has a fifty day moving average of $84.49 and a 200-day moving average of $88.63. The stock has a market cap of $300.65 billion, a price-to-earnings ratio of 23.06, a price-to-earnings-growth ratio of 0.94 and a beta of 1.50.

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

Insider Buying and Selling

In other news, CEO Gregory K. Peters sold 27,312 shares of Netflix 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 in the company, valued at $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Bradford L. Smith sold 35,990 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the completion of the transaction, the director directly owned 79,690 shares of the company’s stock, valued at approximately $6,177,568.80. This represents a 31.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 928,469 shares of company stock worth $82,947,401 in the last 90 days. 1.24% of the stock is currently owned by corporate insiders.

Key Netflix News

Here are the key news stories impacting Netflix this week:

Netflix Company 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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