Caxton Associates LLP Makes New Investment in Netflix, Inc. $NFLX

Key Points

• Caxton Associates LLP purchased a new stake in Netflix, Inc., buying 32,208 shares valued at approximately $30 million, which now represents 1.0% of its portfolio.
• Netflix's recent quarterly earnings report showed a net margin of 24.58% and 15.9% year-over-year revenue growth, with earnings per share surpassing expectations.
• Institutional investors now hold 80.93% of Netflix's stock, reflecting increased confidence in the company among major financial players.

Caxton Associates LLP bought a new position 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 fund bought 32,208 shares of the Internet television network's stock, valued at approximately $30,035,000. Netflix comprises about 1.0% of Caxton Associates LLP's investment portfolio, making the stock its 16th largest position.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Resurgent Financial Advisors LLC increased its position in shares of Netflix by 234.4% in the 1st quarter. Resurgent Financial Advisors LLC now owns 1,010 shares of the Internet television network's stock worth $942,000 after purchasing an additional 708 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its position in shares of Netflix by 42.1% during the 1st quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 441,861 shares of the Internet television network's stock valued at $412,059,000 after buying an additional 130,946 shares during the last quarter. Janus Henderson Group PLC grew its position in shares of Netflix by 8.7% during the 4th quarter. Janus Henderson Group PLC now owns 1,377,081 shares of the Internet television network's stock valued at $1,227,468,000 after buying an additional 110,432 shares during the last quarter. PharVision Advisers LLC bought a new stake in shares of Netflix during the 4th quarter valued at about $873,000. Finally, New England Research & Management Inc. grew its position in shares of Netflix by 148.5% during the 1st quarter. New England Research & Management Inc. now owns 2,122 shares of the Internet television network's stock valued at $1,979,000 after buying an additional 1,268 shares during the last quarter. Institutional investors own 80.93% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Loop Capital reaffirmed a "hold" rating on shares of Netflix in a research report on Tuesday, July 15th. Piper Sandler boosted their target price on shares of Netflix from $1,400.00 to $1,500.00 and gave the company an "overweight" rating in a research note on Friday, July 18th. Jefferies Financial Group reissued a "buy" rating on shares of Netflix in a research note on Tuesday, August 12th. KeyCorp boosted their target price on shares of Netflix from $1,070.00 to $1,390.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Finally, UBS Group reissued a "market underperform" rating on shares of Netflix in a research note on Saturday, July 19th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $1,317.58.

Netflix Price Performance

NFLX stock traded up $18.49 on Tuesday, hitting $1,263.25. 2,215,844 shares of the company's stock traded hands, compared to its average volume of 2,443,071. Netflix, Inc. has a 1-year low of $660.80 and a 1-year high of $1,341.15. The stock has a market cap of $536.79 billion, a price-to-earnings ratio of 53.82, a P/E/G ratio of 2.10 and a beta of 1.60. The stock has a fifty day moving average of $1,222.86 and a 200-day moving average of $1,127.68. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58.

Netflix (NASDAQ:NFLX - Get Free Report) last released 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. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The business had revenue of $11.08 billion during the quarter, compared to analyst estimates of $11.04 billion. During the same period in the prior year, the business earned $4.88 earnings per share. The business's quarterly revenue was up 15.9% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. On average, analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling at Netflix

In other Netflix news, insider Cletus R. Willems sold 238 shares of the company's stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $1,153.52, for a total value of $274,537.76. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Spencer Adam Neumann sold 2,600 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $1,207.76, for a total transaction of $3,140,176.00. Following the completion of the transaction, the chief financial officer owned 3,691 shares in the company, valued at approximately $4,457,842.16. This represents a 41.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 89,348 shares of company stock valued at $109,498,489 over the last three months. 1.37% of the stock is owned by insiders.

Netflix Company 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.