Copos Capital S.a r.l. purchased a new position in Netflix, Inc. (NASDAQ:NFLX – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,440 shares of the Internet television network’s stock, valued at approximately $2,291,000. Netflix makes up 1.6% of Copos Capital S.a r.l.’s holdings, making the stock its 10th biggest position.
Several other institutional investors have also recently made changes to their positions in NFLX. Imprint Wealth LLC purchased a new position in 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 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after purchasing an additional 14 shares during the period. Horizon Financial Services LLC lifted its stake in shares of Netflix by 480.0% during the 3rd 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 in the last quarter. Redmont Wealth Advisors LLC purchased a new position in shares of Netflix during the 3rd quarter valued at $36,000. Finally, Promus Capital LLC bought a new position in Netflix in the 3rd quarter worth $48,000. Institutional investors own 80.93% of the company’s stock.
Netflix Stock Performance
Shares of NASDAQ:NFLX opened at $77.38 on Friday. The firm has a fifty day simple moving average of $89.32 and a two-hundred day simple moving average of $90.23. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $325.83 billion, a P/E ratio of 24.99, a PEG ratio of 0.98 and a beta of 1.50.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on the company. Needham & Company LLC reissued a “buy” rating on shares of Netflix in a report on Friday, April 17th. The Goldman Sachs Group cut Netflix from a “neutral” rating to an “underweight” rating in a research report on Thursday. JPMorgan Chase & Co. reissued a “buy” rating on shares of Netflix in a report on Wednesday, April 22nd. HSBC upped their price target on Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Finally, Phillip Securities boosted their target price on shares of Netflix from $100.00 to $110.00 in a report on Monday, April 20th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Netflix presently has an average rating of “Moderate Buy” and an average target price of $114.26.
Check Out Our Latest Report on NFLX
Insider Activity
In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction on 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 transaction, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Bradford L. Smith sold 35,990 shares of the business’s stock in a transaction 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 transaction, the director owned 79,690 shares in the company, valued at $6,177,568.80. This trade 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. In the last quarter, insiders have sold 1,349,019 shares of company stock worth $123,105,721. Company insiders own 1.24% of the company’s stock.
Key Netflix News
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Investors are weighing Netflix’s ability to raise prices over time, with coverage highlighting conservative 2027 pricing assumptions and the company’s ad-supported growth as potential upside drivers. Stock Market Today, June 18: Netflix Edges Higher as Investors Weigh Pricing Upside Before Earnings
- Positive Sentiment: Some analysts and commentators say NFLX is trading at its cheapest valuation in years, suggesting the recent weakness may create a buying opportunity for long-term investors. NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive ‘Opportunity’
- Neutral Sentiment: Netflix’s upcoming earnings report on July 16 is a major near-term event, and investors are waiting to see whether the company can justify its premium valuation and soft Q2 outlook. Citizens Analyst Remains Cautious on Netflix Stock (NFLX), Cites Lack of ‘Meaningful Near-Term Catalysts’
- Negative Sentiment: A director sold 35,990 shares under a pre-arranged trading plan, which may add to investor caution even though the sale was not tied to a sudden negative change in outlook. Director Bradford L. Smith transaction
- Negative Sentiment: Several headlines continue to emphasize weak momentum, including concerns about a recent stock slide, lack of near-term catalysts, and uncertainty around content and M&A strategy. Netflix’s stock slide is getting worse
About Netflix
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.
Further Reading
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