Blair William & Co. IL Has $201.21 Million Position in Netflix, Inc. $NFLX

Blair William & Co. IL increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 9.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 150,255 shares of the Internet television network's stock after purchasing an additional 12,824 shares during the period. Blair William & Co. IL's holdings in Netflix were worth $201,211,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of NFLX. TFR Capital LLC. raised its holdings in Netflix by 2.2% during the 2nd quarter. TFR Capital LLC. now owns 5,802 shares of the Internet television network's stock worth $7,770,000 after buying an additional 124 shares during the period. Mainstay Capital Management LLC ADV raised its holdings in shares of Netflix by 102.4% during the second quarter. Mainstay Capital Management LLC ADV now owns 2,518 shares of the Internet television network's stock worth $3,372,000 after acquiring an additional 1,274 shares during the period. Boomfish Wealth Group LLC acquired a new stake in shares of Netflix during the second quarter worth $398,000. Capital Advisors Ltd. LLC lifted its position in Netflix by 5.1% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 435 shares of the Internet television network's stock valued at $583,000 after acquiring an additional 21 shares in the last quarter. Finally, Game Plan Financial Advisors LLC boosted its stake in Netflix by 33.1% in the 2nd quarter. Game Plan Financial Advisors LLC now owns 668 shares of the Internet television network's stock worth $895,000 after purchasing an additional 166 shares during the period. 80.93% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on NFLX shares. Morgan Stanley reissued an "equal weight" rating on shares of Netflix in a research note on Monday, July 21st. Wedbush reissued an "outperform" rating and issued a $1,500.00 target price (up previously from $1,400.00) on shares of Netflix in a research report on Monday, July 14th. Sanford C. Bernstein upped their price target on Netflix from $1,200.00 to $1,390.00 and gave the stock an "outperform" rating in a research report on Thursday, July 17th. Pivotal Research reiterated a "buy" rating on shares of Netflix in a report on Thursday, July 10th. Finally, Wells Fargo & Company increased their target price on shares of Netflix from $1,500.00 to $1,560.00 and gave the stock an "overweight" rating in a report on Friday, July 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,337.63.

Netflix Price Performance

Shares of NFLX opened at $1,214.25 on Thursday. The company's 50-day moving average is $1,208.18 and its 200-day moving average is $1,163.77. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.34 and a quick ratio of 1.34. The firm has a market capitalization of $515.97 billion, a PE ratio of 51.74, a PEG ratio of 2.00 and a beta of 1.59. Netflix, Inc. has a fifty-two week low of $677.88 and a fifty-two week high of $1,341.15.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its earnings results on Thursday, July 17th. The Internet television network reported $7.19 EPS for the quarter, beating the consensus estimate of $7.07 by $0.12. The company had revenue of $11.08 billion for the quarter, compared to the consensus estimate of $11.04 billion. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The firm's revenue for the quarter was up 15.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $4.88 earnings per share. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Equities analysts forecast that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Transactions at Netflix

In other Netflix news, CEO Gregory K. Peters sold 2,026 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total transaction of $2,344,973.44. Following the sale, the chief executive officer directly owned 12,781 shares in the company, valued at $14,793,240.64. This represents a 13.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Spencer Adam Neumann sold 2,600 shares of the business's stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $1,172.51, for a total transaction of $3,048,526.00. Following the transaction, the chief financial officer owned 3,691 shares of the company's stock, valued at approximately $4,327,734.41. This represents a 41.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 104,100 shares of company stock worth $122,710,980. Company insiders own 1.37% of the company's stock.

Netflix Profile

Netflix, Inc provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.

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