Netflix (NASDAQ:NFLX) Shares Purchased Rep. Byron Donalds

Key Points

• Rep. Byron Donalds purchased between $1,001 and $15,000 of Netflix shares on August 12 in his MORAN WEALTH IRA, while selling similarly sized positions in Howmet Aerospace and Parker-Hannifin the previous day.
• Netflix reported quarterly EPS of $0.80, narrowly exceeding estimates, while revenue reached $12.56 billion and rose 13.4% year over year. Shares opened at $76.41 and remain below the 200-day moving average of $84.36.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $96.53; institutional investors also increased holdings, collectively owning 80.93% of Netflix.

Representative Byron Donalds (Republican-Florida) recently bought shares of Netflix, Inc. NASDAQ: NFLX. In a filing disclosed on September 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Netflix stock on August 12th. The trade occurred in the Representative's "MORAN WEALTH IRA" account.

Representative Byron Donalds also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Howmet Aerospace NYSE: HWM on 8/11/2026.
• Sold $1,001 - $15,000 in shares of Parker-Hannifin NYSE: PH on 8/11/2026.

Netflix Stock Performance

Shares of Netflix stock opened at $76.41 on Thursday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. The company has a market cap of $318.17 billion, a PE ratio of 24.05, a price-to-earnings-growth ratio of 1.10 and a beta of 1.53. Netflix, Inc. has a 1-year low of $65.08 and a 1-year high of $124.86. The company has a 50 day moving average of $75.85 and a 200-day moving average of $84.36.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $12.56 billion for the quarter, compared to analyst estimates of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The company's revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.72 earnings per share. As a group, equities research analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NFLX. Guggenheim set a $75.00 price target on Netflix and gave the company a "buy" rating in a research report on Friday, July 17th. Wedbush decreased their price target 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. Wolfe Research restated an "outperform" rating and set a $95.00 target price (up from $84.00) on shares of Netflix in a research report on Tuesday, August 25th. Seaport Research Partners cut Netflix from a "buy" rating to a "neutral" rating in a report on Monday, July 20th. Finally, Phillip Securities upgraded shares of Netflix from a "moderate buy" rating to a "strong-buy" rating and set a $110.00 price objective on the stock in a research report on Sunday, July 19th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $96.53.

Institutional Trading of Netflix

Several institutional investors have recently added to or reduced their stakes in the business. Anchor Investment Management LLC lifted its position in Netflix by 1.9% during the second quarter. Anchor Investment Management LLC now owns 71,185 shares of the Internet television network's stock valued at $5,083,000 after buying an additional 1,315 shares during the period. Smith Chas P & Associates PA Cpas raised its stake in Netflix by 34.3% during the 2nd quarter. Smith Chas P & Associates PA Cpas now owns 3,718 shares of the Internet television network's stock worth $265,000 after acquiring an additional 950 shares during the period. Talon Private Wealth LLC purchased a new position in Netflix during the second quarter valued at approximately $207,000. Marathon Wealth Advisors LLC boosted its position in shares of Netflix by 0.4% in the second quarter. Marathon Wealth Advisors LLC now owns 44,269 shares of the Internet television network's stock worth $3,161,000 after purchasing an additional 163 shares during the period. Finally, Van Hulzen Asset Management LLC boosted its position in shares of Netflix by 31.6% in the second quarter. Van Hulzen Asset Management LLC now owns 17,175 shares of the Internet television network's stock worth $1,226,000 after purchasing an additional 4,120 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Netflix

In related news, CEO Gregory Peters sold 27,312 shares of Netflix stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total transaction of $2,008,524.48. Following the transaction, the chief executive officer owned 120,931 shares in the company, valued at approximately $8,893,265.74. The trade was a 18.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David Hyman sold 5,723 shares of the firm's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total value of $416,920.55. Following the sale, the insider directly owned 316,100 shares in the company, valued at approximately $23,027,885. This represents a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 179,045 shares of company stock valued at $13,132,194. Company insiders own 1.24% of the company's stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Several prominent investors increased their Netflix holdings in the second quarter, including Bill Ackman’s Pershing Square, which rebuilt its position after previously exiting the stock. The report highlights a lower forward valuation multiple and renewed institutional interest. 22 Prominent Investors Hold Netflix Stock
• Positive Sentiment: Weitz Investment Management presented Netflix as having a potential “new growth engine,” supporting the long-term bull case for the streaming company. A separate analyst report cited customer surveys indicating improving engagement and retention, along with a price target implying approximately 42% upside. The Bull Case for Netflix’s New Growth Engine Why Netflix Stock Rallied Today
• Neutral Sentiment: Netflix is promoting a new female-focused installment of its “Monsters” anthology centered on Lizzie Borden. The release could support engagement and subscriber retention, although the immediate financial impact is uncertain. Netflix’s Monsters Explores Lizzie Borden Mystery
• Negative Sentiment: Netflix recently declined about 3% in a broader market selloff, while macroeconomic friction continued to weigh on the streaming sector. The stock is also trading below its 200-day moving average, reflecting ongoing technical pressure. Netflix Suffers a Larger Drop Than the General Market
• Negative Sentiment: Netflix and Meta Platforms were among the companies receiving recent analyst downgrades. Although consensus ratings remain generally bullish, the downgrades may be weighing on sentiment and encouraging profit-taking. MarketBeat’s Most Downgraded Stocks in Q3

About Representative Donalds

Byron Donalds (Republican Party) is a member of the U.S. House, representing Florida's 19th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Donalds (Republican Party) is running for re-election to the U.S. House to represent Florida's 19th Congressional District. He declared candidacy for the 2026 election. Byron Donalds was born in Brooklyn, New York, and lives in Naples, Florida. Donalds earned a bachelor's degree in finance and marketing from Florida State University in 2002. His career experience includes working as a commercial credit officer in banking and as a portfolio manager in financial services.

About Netflix

Netflix, Inc NASDAQ: NFLX is a global entertainment company that provides subscription-based streaming access to television series, films, documentaries and other video content. Its service includes Netflix-produced and licensed programming, with offerings that may vary by market. The company also provides an advertising-supported plan in selected countries and has expanded into mobile games and other interactive entertainment.

Netflix was founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental service in the United States.

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