23,328 Shares in Netflix, Inc. $NFLX Purchased by Quent Long Short Global Small Cap Fund LP

Quent Long Short Global Small Cap Fund LP purchased a new position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 23,328 shares of the Internet television network’s stock, valued at approximately $2,187,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Hengehold Capital Management LLC boosted its position in Netflix by 3.3% in the third quarter. Hengehold Capital Management LLC now owns 282 shares of the Internet television network’s stock worth $338,000 after purchasing an additional 9 shares during the last quarter. Financial Partners Group Inc boosted its position in Netflix by 0.9% in the third quarter. Financial Partners Group Inc now owns 969 shares of the Internet television network’s stock worth $1,162,000 after purchasing an additional 9 shares during the last quarter. Seascape Capital Management boosted its stake in Netflix by 1.6% in the third quarter. Seascape Capital Management now owns 568 shares of the Internet television network’s stock valued at $681,000 after acquiring an additional 9 shares during the last quarter. Crews Bank & Trust boosted its stake in Netflix by 5.8% in the third quarter. Crews Bank & Trust now owns 164 shares of the Internet television network’s stock valued at $197,000 after acquiring an additional 9 shares during the last quarter. Finally, Apriem Advisors boosted its stake in Netflix by 0.6% in the third quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock valued at $1,879,000 after acquiring an additional 9 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Susquehanna upgraded shares of Netflix to a “positive” rating and set a $112.00 target price on the stock in a research note on Wednesday, January 21st. Cfra upgraded shares of Netflix from a “hold” rating to a “buy” rating and set a $115.00 target price on the stock in a research note on Friday, March 6th. Canaccord Genuity Group set a $125.00 target price on shares of Netflix and gave the company a “buy” rating in a research note on Wednesday, January 21st. Sanford C. Bernstein cut their price target on Netflix from $115.00 to $110.00 and set an “outperform” rating for the company in a research note on Friday, April 17th. Finally, William Blair reiterated an “outperform” rating on shares of Netflix in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $114.53.

Read Our Latest Stock Report on Netflix

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Insider Transactions at Netflix

In other Netflix news, insider David A. Hyman sold 5,727 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $81.06, for a total value of $464,230.62. Following the sale, the insider owned 316,100 shares of the company’s stock, valued at $25,623,066. This trade represents a 1.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Cletus R. Willems sold 3,136 shares of the firm’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total value of $259,253.12. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,487,794 shares of company stock worth $136,255,772. 1.37% of the stock is owned by insiders.

Netflix Stock Performance

Shares of NFLX opened at $92.82 on Friday. The stock’s 50-day simple moving average is $93.29 and its 200 day simple moving average is $97.74. The stock has a market capitalization of $390.85 billion, a price-to-earnings ratio of 29.98, a price-to-earnings-growth ratio of 1.21 and a beta of 1.67. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.19 and a current ratio of 1.41. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. During the same period in the prior year, the company posted $6.61 EPS. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Research analysts forecast that Netflix, Inc. will post 3.53 EPS for the current fiscal year.

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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