Bwcp LP Buys Shares of 11,920 Netflix, Inc. $NFLX

Key Points

• Bwcp LP purchased a new stake in Netflix, Inc., acquiring 11,920 shares valued at approximately $11.1 million, making Netflix 2.3% of its portfolio.
• Institutional investors collectively own 80.93% of Netflix's stock, with several firms like Vanguard and GAMMA significantly increasing their holdings during the first quarter.
• Netflix reported a quarterly EPS of $7.19, exceeding analysts' expectations, and projected a EPS of $6.870 for Q3 2025, while maintaining a market cap of $515.91 billion.

Bwcp LP purchased a new stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,920 shares of the Internet television network's stock, valued at approximately $11,116,000. Netflix accounts for about 2.3% of Bwcp LP's investment portfolio, making the stock its 23rd biggest holding.

Other hedge funds have also bought and sold shares of the company. Halbert Hargrove Global Advisors LLC grew its position in Netflix by 100.0% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network's stock valued at $25,000 after purchasing an additional 13 shares during the period. Brown Shipley& Co Ltd acquired a new stake in Netflix in the 4th quarter valued at $27,000. Copia Wealth Management acquired a new stake in Netflix in the 4th quarter valued at $37,000. Stuart Chaussee & Associates Inc. lifted its stake in Netflix by 4,500.0% during the 4th quarter. Stuart Chaussee & Associates Inc. now owns 46 shares of the Internet television network's stock valued at $41,000 after acquiring an additional 45 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC bought a new position in Netflix during the 1st quarter valued at $42,000. Institutional investors and hedge funds own 80.93% of the company's stock.

Netflix Stock Performance

Netflix stock traded down $13.66 during midday trading on Friday, reaching $1,243.82. The stock had a trading volume of 2,378,410 shares, compared to its average volume of 2,541,951. Netflix, Inc. has a 12 month low of $660.80 and a 12 month high of $1,341.15. The firm's 50-day moving average price is $1,225.36 and its 200 day moving average price is $1,123.79. The firm has a market capitalization of $528.53 billion, a PE ratio of 53.00, a P/E/G ratio of 2.12 and a beta of 1.60. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.07 by $0.12. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The business had revenue of $11.08 billion for the quarter, compared to analysts' expectations of $11.04 billion. During the same period in the previous year, the business posted $4.88 EPS. The firm's quarterly revenue was up 15.9% compared to the same quarter last year. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. As a group, research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on NFLX shares. UBS Group restated a "market underperform" rating on shares of Netflix in a research note on Saturday, July 19th. Piper Sandler raised their price objective on Netflix from $1,400.00 to $1,500.00 and gave the company an "overweight" rating in a research note on Friday, July 18th. The Goldman Sachs Group raised their price objective on Netflix from $1,000.00 to $1,140.00 and gave the company a "neutral" rating in a research note on Wednesday, July 2nd. JPMorgan Chase & Co. raised their price objective on Netflix from $1,230.00 to $1,300.00 and gave the company a "neutral" rating in a research note on Friday, July 18th. Finally, Barclays restated a "sell" rating and set a $1,100.00 price objective (up from $1,000.00) on shares of Netflix in a research note on Wednesday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $1,317.58.

Insiders Place Their Bets

In related news, insider David A. Hyman sold 424 shares of the business's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $1,158.67, for a total value of $491,276.08. Following the sale, the insider directly owned 31,610 shares in the company, valued at approximately $36,625,558.70. The trade was a 1.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Spencer Adam Neumann sold 2,600 shares of the business's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $1,207.76, for a total value of $3,140,176.00. Following the completion of the sale, the chief financial officer owned 3,691 shares in the company, valued at $4,457,842.16. This represents a 41.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 89,348 shares of company stock worth $109,498,489 in the last ninety days. 1.37% of the stock is owned by corporate insiders.

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.