Investidor Profissional Gestao de Recursos Ltda. Has $4.32 Million Position in Netflix, Inc. $NFLX

Investidor Profissional Gestao de Recursos Ltda. lowered its holdings in Netflix, Inc. (NASDAQ:NFLX) by 50.7% during the first quarter, HoldingsChannel.com reports. The fund owned 44,970 shares of the Internet television network’s stock after selling 46,179 shares during the period. Netflix accounts for 1.4% of Investidor Profissional Gestao de Recursos Ltda.’s portfolio, making the stock its 13th largest holding. Investidor Profissional Gestao de Recursos Ltda.’s holdings in Netflix were worth $4,324,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in NFLX. Fortis Capital Management LLC lifted its stake in Netflix by 3.2% during the first quarter. Fortis Capital Management LLC now owns 111,192 shares of the Internet television network’s stock worth $10,691,000 after purchasing an additional 3,409 shares during the period. Meiji Yasuda America Inc boosted its holdings in Netflix by 80.0% during the first quarter. Meiji Yasuda America Inc now owns 28,512 shares of the Internet television network’s stock valued at $2,741,000 after purchasing an additional 12,672 shares in the last quarter. Temasek Holdings Private Ltd grew its stake in shares of Netflix by 198.1% in the 1st quarter. Temasek Holdings Private Ltd now owns 2,068,447 shares of the Internet television network’s stock valued at $198,881,000 after purchasing an additional 1,374,587 shares during the period. Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of Netflix in the 1st quarter valued at approximately $25,339,000. Finally, ABN Amro Investment Solutions grew its stake in shares of Netflix by 102.2% in the 1st quarter. ABN Amro Investment Solutions now owns 730,610 shares of the Internet television network’s stock valued at $70,248,000 after purchasing an additional 369,196 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix delivered an earnings beat and continues to post double-digit revenue growth, while bulls argue the selloff has made the stock look inexpensive on earnings and cash flow. Netflix “Is Not a Broken Company” and Trades At Just 19x Earnings. Jim Cramer Says Start Buying
• Positive Sentiment: Several analysts and commentators say the post-earnings drop may have created a buying opportunity, citing Netflix’s ad business, live content ambitions, international growth, and strong free-cash-flow potential. Netflix (NFLX) Stock Still Looks Cheap On Cash Flow And Earnings
• Positive Sentiment: Phillip Securities upgraded Netflix from “moderate buy” to “strong-buy,” with one analyst saying engagement shows no signs of slowing and setting a higher price target than the current trading level. Netflix, Inc. (NFLX) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Wall Street coverage remains active and largely mixed-to-bullish, with some reports pointing to meaningful upside in consensus price targets even after the recent slide. Netflix Fell 45% Over 12 Months But This Ratings House Sees A Doubling Share Price
• Negative Sentiment: Investors are worried about softer revenue guidance, slowing growth momentum, and Netflix making viewership metrics harder to track, which raises questions about transparency and future monetization. Netflix (NFLX) Could Be 18% Undervalued After Soft Guidance Raised Fresh Growth Questions
• Negative Sentiment: Multiple articles described the stock’s recent action as a sharp post-earnings crash or “miserable stretch,” reflecting concern that the latest quarter did not convince investors that growth will reaccelerate soon. Netflix just made its slowdown harder to measure

Insider Activity

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $88.69, for a total value of $2,422,301.28. Following the completion of the sale, the chief executive officer owned 120,931 shares in the company, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Bradford L. Smith sold 35,990 shares of the business’s stock in a transaction dated Wednesday, June 17th. The stock was 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 899,839 shares of company stock worth $80,141,661. 1.24% of the stock is currently owned by insiders.

Netflix Price Performance

Shares of NFLX stock opened at $68.67 on Wednesday. The stock’s fifty day moving average is $79.42 and its 200-day moving average is $86.49. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.41 and a current ratio of 1.14. The stock has a market capitalization of $285.94 billion, a PE ratio of 21.61, a PEG ratio of 0.85 and a beta of 1.52. Netflix, Inc. has a 52 week low of $65.08 and a 52 week high of $126.71.

Netflix (NASDAQ:NFLX) last announced its earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The company had revenue of $12.56 billion during the quarter, compared to analyst estimates of $12.58 billion. During the same period last year, the company posted $0.72 earnings per share. The firm’s quarterly revenue was up 13.4% compared to the same quarter last year. Equities research analysts expect that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on NFLX shares. Bank of America restated a “buy” rating and set a $125.00 target price on shares of Netflix in a research report on Monday, May 18th. President Capital upped their price target on Netflix from $133.00 to $134.00 and gave the company a “buy” rating in a research report on Tuesday, March 31st. Citigroup lowered Netflix from a “buy” rating to a “positive” rating in a research note on Monday. Moffett Nathanson cut their price objective on Netflix from $120.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, June 17th. Finally, KeyCorp reissued an “overweight” rating and set a $92.00 price objective (down from $115.00) on shares of Netflix in a report on Monday, July 13th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $104.21.

Netflix Profile

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.