Netflix, Inc. $NFLX is Bedrijfstakpensioenfonds Voor DE Media PNO’s 6th Largest Position

Bedrijfstakpensioenfonds Voor DE Media PNO boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 21.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,500 shares of the Internet television network’s stock after buying an additional 4,500 shares during the quarter. Netflix accounts for about 4.0% of Bedrijfstakpensioenfonds Voor DE Media PNO’s holdings, making the stock its 6th biggest holding. Bedrijfstakpensioenfonds Voor DE Media PNO’s holdings in Netflix were worth $34,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of the stock. Sheets Smith Wealth Management boosted its position in shares of Netflix by 19.5% during the 2nd quarter. Sheets Smith Wealth Management now owns 728 shares of the Internet television network’s stock worth $975,000 after purchasing an additional 119 shares during the period. BNC Wealth Management LLC boosted its position in shares of Netflix by 4.7% during the 2nd quarter. BNC Wealth Management LLC now owns 3,610 shares of the Internet television network’s stock worth $4,834,000 after purchasing an additional 161 shares during the period. SJS Investment Consulting Inc. boosted its position in shares of Netflix by 32.0% during the second quarter. SJS Investment Consulting Inc. now owns 301 shares of the Internet television network’s stock worth $403,000 after buying an additional 73 shares during the period. MCF Advisors LLC boosted its position in shares of Netflix by 15.5% during the second quarter. MCF Advisors LLC now owns 1,338 shares of the Internet television network’s stock worth $1,792,000 after buying an additional 180 shares during the period. Finally, Unified Investment Management boosted its position in shares of Netflix by 1.7% during the second quarter. Unified Investment Management now owns 474 shares of the Internet television network’s stock worth $635,000 after buying an additional 8 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insiders Place Their Bets

In other Netflix news, CEO Gregory K. Peters sold 2,026 shares of the company’s stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $1,157.44, for a total transaction of $2,344,973.44. Following the completion of the sale, the chief executive officer directly owned 12,781 shares of the company’s stock, valued at $14,793,240.64. This represents a 13.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Cletus R. Willems sold 238 shares of the company’s stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $1,153.52, for a total value of $274,537.76. The disclosure for this sale can be found here. In the last ninety days, insiders sold 88,728 shares of company stock valued at $108,700,648. 1.37% of the stock is owned by insiders.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $1,218.47 on Wednesday. The stock has a 50 day moving average of $1,210.96 and a two-hundred day moving average of $1,145.17. Netflix, Inc. has a twelve month low of $677.88 and a twelve month high of $1,341.15. The stock has a market cap of $517.76 billion, a P/E ratio of 51.92, a P/E/G ratio of 2.07 and a beta of 1.60. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58.

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

Analysts Set New Price Targets

A number of brokerages recently commented on NFLX. BMO Capital Markets restated an “outperform” rating and set a $1,425.00 target price (up from $1,200.00) on shares of Netflix in a report on Tuesday, July 15th. Wedbush restated an “outperform” rating and set a $1,500.00 target price (up from $1,400.00) on shares of Netflix in a report on Monday, July 14th. Barclays reissued a “sell” rating and issued a $1,100.00 price objective (up previously from $1,000.00) on shares of Netflix in a research note on Wednesday, July 9th. TD Cowen raised their price objective on shares of Netflix from $1,440.00 to $1,450.00 and gave the company a “buy” rating in a research note on Friday, July 18th. Finally, Zacks Research cut shares of Netflix from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,328.87.

About Netflix

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.