Cooper Financial Group Raises Stock Holdings in Netflix, Inc. $NFLX

Key Points

• Cooper Financial Group increased its stake in Netflix by 6.9% during the second quarter, bringing its total holdings to 3,799 shares valued at approximately $5.1 million.
• Multiple hedge funds, including Vanguard and Price T Rowe Associates, have also raised their stakes in Netflix, indicating strong institutional interest in the stock.
• Netflix reported earnings of $7.19 per share, exceeding analysts' expectations, and forecasted an EPS of 6.870 for Q3 2025.

Cooper Financial Group increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 6.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,799 shares of the Internet television network's stock after purchasing an additional 245 shares during the quarter. Cooper Financial Group's holdings in Netflix were worth $5,087,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Netflix by 1.4% in the first quarter. Vanguard Group Inc. now owns 37,997,260 shares of the Internet television network's stock valued at $35,433,585,000 after buying an additional 509,255 shares during the last quarter. Price T Rowe Associates Inc. MD raised its stake in Netflix by 2.7% in the first quarter. Price T Rowe Associates Inc. MD now owns 11,732,066 shares of the Internet television network's stock valued at $10,940,505,000 after buying an additional 304,399 shares during the last quarter. Alliancebernstein L.P. raised its stake in Netflix by 1.0% in the first quarter. Alliancebernstein L.P. now owns 5,194,939 shares of the Internet television network's stock valued at $4,844,436,000 after buying an additional 53,611 shares during the last quarter. Invesco Ltd. raised its stake in Netflix by 8.3% in the first quarter. Invesco Ltd. now owns 4,664,818 shares of the Internet television network's stock valued at $4,350,083,000 after buying an additional 356,617 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in Netflix by 3.5% in the first quarter. Wellington Management Group LLP now owns 4,385,666 shares of the Internet television network's stock valued at $4,089,765,000 after buying an additional 148,675 shares during the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Stock Down 0.6%

Shares of NFLX stock opened at $1,198.92 on Wednesday. The stock's 50-day simple moving average is $1,208.39 and its 200-day simple moving average is $1,155.85. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.34 and a current ratio of 1.34. The firm has a market capitalization of $509.46 billion, a PE ratio of 51.08, a P/E/G ratio of 2.03 and a beta of 1.60. 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 announced its quarterly earnings data on Thursday, July 17th. The Internet television network reported $7.19 earnings per share for the quarter, beating analysts' consensus estimates of $7.07 by $0.12. The business had revenue of $11.08 billion for the quarter, compared to analyst estimates of $11.04 billion. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The company's revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the company 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 expect that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insider Activity

In related news, CEO Gregory K. Peters sold 2,026 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was 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 of the company's stock, valued at $14,793,240.64. This trade represents a 13.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Theodore A. Sarandos sold 2,026 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $1,160.62, for a total value of $2,351,416.12. Following the sale, the chief executive officer directly owned 15,168 shares in the company, valued at approximately $17,604,284.16. This trade represents a 11.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 59,324 shares of company stock valued at $70,235,556 over the last 90 days. Company insiders own 1.37% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on NFLX. Wells Fargo & Company increased their price target on Netflix from $1,500.00 to $1,560.00 and gave the company an "overweight" rating in a research note on Friday, July 18th. The Goldman Sachs Group decreased their price target on Netflix from $1,310.00 to $1,300.00 and set a "neutral" rating for the company in a research note on Tuesday. TD Cowen increased their price target on Netflix from $1,440.00 to $1,450.00 and gave the company a "buy" rating in a research note on Friday, July 18th. Jefferies Financial Group reiterated a "buy" rating on shares of Netflix in a research note on Thursday, September 11th. Finally, Loop Capital upgraded Netflix from a "hold" rating to a "buy" rating and increased their price target for the company from $1,150.00 to $1,350.00 in a research note on Wednesday, September 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, nine have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,334.03.

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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