Netflix, Inc. $NFLX Position Boosted by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 16.7% during the 3rd quarter, Holdings Channel reports. The fund owned 75,669 shares of the Internet television network’s stock after acquiring an additional 10,811 shares during the period. KMG Fiduciary Partners LLC’s holdings in Netflix were worth $5,265,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Merkkuri Wealth Advisors LLC bought a new stake in Netflix in the 1st quarter valued at about $31,000. Bayban boosted its holdings in Netflix by 400.0% in the first quarter. Bayban now owns 350 shares of the Internet television network’s stock worth $34,000 after acquiring an additional 280 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd bought a new position in Netflix in the second quarter worth approximately $26,000. Bank of New Hampshire boosted its holdings in Netflix by 900.0% in the fourth quarter. Bank of New Hampshire now owns 380 shares of the Internet television network’s stock worth $36,000 after acquiring an additional 342 shares in the last quarter. Finally, Compound Global Advisors LLC acquired a new stake in Netflix in the second quarter valued at approximately $29,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Stock Down 0.2%

NFLX stock opened at $70.46 on Wednesday. The stock’s fifty day simple moving average is $75.34 and its two-hundred day simple moving average is $81.03. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. Netflix, Inc. has a 1-year low of $65.08 and a 1-year high of $124.86. The stock has a market cap of $293.39 billion, a P/E ratio of 22.18, a P/E/G ratio of 1.00 and a beta of 1.62.

Netflix (NASDAQ:NFLX) last released its earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The company had revenue of $12.56 billion for the quarter, compared to analysts’ expectations of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the previous year, the business posted $0.72 EPS. Analysts expect that Netflix, Inc. will post 3.59 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Oppenheimer set a $85.00 target price on Netflix and gave the stock an “outperform” rating in a research report on Friday, July 17th. President Capital reduced their price target on shares of Netflix from $134.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Pivotal Research reduced their price target on shares of Netflix from $96.00 to $70.00 and set a “hold” rating for the company in a research report on Friday, July 17th. Wolfe Research restated an “outperform” rating and set a $95.00 price target (up from $84.00) on shares of Netflix in a research note on Tuesday, August 25th. Finally, Wedbush lowered their price objective on shares of Netflix from $118.00 to $105.00 and set an “outperform” rating on the stock in a report on Friday, July 17th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Netflix has a consensus rating of “Moderate Buy” and a consensus price target of $94.53.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix secured exclusive rights to broadcast the 2030 FIFA World Cup in Spain and Andorra. The deal could increase engagement, subscriber retention and advertising opportunities, though its financial impact was not disclosed. Netflix Stock Scores as It Lands 2030 World Cup Rights
• Positive Sentiment: KeyCorp lowered its price target to $85 from $92 but retained an Overweight rating, implying substantial upside from recent trading levels. The firm identified four potential recovery levers, including stronger execution on advertising, content and growth initiatives. KeyBanc Sees Four Ways to Recover
• Neutral Sentiment: Netflix reports third-quarter results on Oct. 20. Wall Street will be watching whether revenue growth can meet guidance of about 12%, whether advertising is scaling and whether free cash flow rebounds after declining in the prior quarter. Netflix Earnings and Free Cash Flow
• Neutral Sentiment: Some investors remain bullish because Netflix continues to post high margins, growing sales and a rising subscriber base. International regions are expanding faster than the U.S. and Canada, but the home market still contributes about 43% of second-quarter revenue and grew only 10%. Netflix Stock Prediction for 2027
• Negative Sentiment: Huber Research issued a rare double downgrade, moving Netflix from Buy to Sell and citing concerns about valuation, weaker viewership and intensifying competition from platforms such as YouTube. Netflix Double Downgraded by Huber Research
• Negative Sentiment: Additional bearish coverage points to content-quality concerns, slowing growth across regions, possible large-scale layoffs and uncertainty over Netflix’s ability to sustain its premium valuation. Erste Group also slightly reduced its 2027 EPS forecast.

Insider Activity at Netflix

In related news, CFO Spencer Neumann sold 9,248 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $75.79, for a total transaction of $700,905.92. Following the completion of the sale, the chief financial officer owned 73,787 shares in the company, valued at approximately $5,592,316.73. This trade represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider David Hyman sold 5,723 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total transaction of $416,920.55. Following the sale, the insider owned 316,100 shares of the company’s stock, valued at $23,027,885. This trade represents a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 179,045 shares of company stock valued at $13,132,194 in the last 90 days. 1.24% of the stock is currently owned by company insiders.

Netflix Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.