Koss Olinger Consulting LLC Has $207,000 Stake in Netflix, Inc. $NFLX

Koss Olinger Consulting LLC reduced its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 80.7% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 2,150 shares of the Internet television network’s stock after selling 8,996 shares during the period. Koss Olinger Consulting LLC’s holdings in Netflix were worth $207,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in Netflix by 912.5% during the 4th quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock valued at $36,567,805,000 after acquiring an additional 351,493,659 shares in the last quarter. State Street Corp grew its stake in shares of Netflix by 927.6% in the 4th quarter. State Street Corp now owns 176,780,995 shares of the Internet television network’s stock worth $16,574,986,000 after acquiring an additional 159,578,053 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Netflix by 892.0% in the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock valued at $9,305,336,000 after purchasing an additional 89,558,684 shares during the last quarter. Capital World Investors raised its holdings in shares of Netflix by 859.1% in the fourth quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock valued at $8,376,656,000 after purchasing an additional 80,025,890 shares during the last quarter. Finally, Morgan Stanley lifted its position in shares of Netflix by 903.0% during the fourth quarter. Morgan Stanley now owns 85,349,973 shares of the Internet television network’s stock valued at $8,002,414,000 after purchasing an additional 76,840,318 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NFLX has been the topic of several analyst reports. DZ Bank restated a “buy” rating on shares of Netflix in a report on Friday, April 17th. New Street Research increased their price objective on shares of Netflix from $96.00 to $102.00 in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft set a $110.00 target price on shares of Netflix in a research report on Monday. Erste Group Bank downgraded Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Rosenblatt Securities set a $75.00 target price on Netflix and gave the company a “neutral” rating in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.21.

Netflix Trading Down 2.0%

Shares of NFLX stock opened at $67.60 on Tuesday. The company has a quick ratio of 1.41, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. The firm has a market cap of $284.65 billion, a P/E ratio of 21.28, a PEG ratio of 0.88 and a beta of 1.52. The company has a 50 day moving average of $79.80 and a 200-day moving average of $86.67. Netflix, Inc. has a 12-month low of $65.08 and a 12-month high of $126.71.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The business had revenue of $12.56 billion for the quarter, compared to the consensus estimate of $12.58 billion. During the same quarter in the prior year, the business earned $0.72 earnings per share. Netflix’s revenue for the quarter was up 13.4% on a year-over-year basis. Sell-side analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current year.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Phillip Securities upgraded Netflix to Buy and set a $110 target, arguing that engagement shows “no signs of slowing” despite the selloff. Netflix Stock Forecast Gets Hiked from Hold to Buy as Analyst Sees ‘No Signs of Slowing Engagement’
• Positive Sentiment: Several bullish commentaries say the post-earnings drop may have created a buy-the-dip opportunity, pointing to Netflix’s scale, ad growth, and possible upside if management executes. Netflix Crashes to a 52-Week Low After Earnings. Why This Is the Best Time to Buy NFLX Stock.
• Neutral Sentiment: Netflix is pushing employees toward “AI fluency,” which signals a broader effort to use artificial intelligence internally, but the near-term stock impact is unclear. Netflix’s top product exec says all employees should have an ‘aspiration for AI fluency’
• Negative Sentiment: Recent earnings coverage highlights a revenue miss, weaker Q3 outlook, and concerns that growth is slowing, which helped drive the stock to fresh lows. Netflix’s Post-Earnings Crash: Should You Buy the Stock While It’s Below $70?
• Negative Sentiment: Multiple analysts have cut price targets or turned cautious, reinforcing the market’s concern that Netflix’s growth narrative is weakening. Why Is Netflix Stock Falling Monday?

Insider Transactions at Netflix

In other news, insider David A. Hyman sold 5,722 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the transaction, the insider owned 316,100 shares in the company, valued at approximately $27,842,088. This represents a 1.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 9,253 shares of Netflix stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $6,563,353.65. This trade represents a 11.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 899,839 shares of company stock valued at $80,141,661. 1.24% of the stock is currently owned by insiders.

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.