Dynamic Advisor Solutions LLC Sells 412 Shares of Netflix, Inc. $NFLX

Key Points

• Dynamic Advisor Solutions LLC reduced its holdings in Netflix by 4.8%, selling 412 shares, and now owns 8,181 shares valued at approximately $10.96 million.
• Netflix's most recent quarterly earnings report showed a profit of $7.19 per share, exceeding estimates, with a strong revenue growth of 15.9% year-over-year.
• The stock received mixed analyst ratings, with target prices ranging from $1,200 to $1,560, indicating differing market confidence in the company's future performance.

Dynamic Advisor Solutions LLC lessened its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 4.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,181 shares of the Internet television network's stock after selling 412 shares during the period. Dynamic Advisor Solutions LLC's holdings in Netflix were worth $10,956,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in NFLX. GAMMA Investing LLC grew its holdings in Netflix by 109,524.3% in the 1st quarter. GAMMA Investing LLC now owns 8,835,722 shares of the Internet television network's stock worth $8,239,576,000 after acquiring an additional 8,827,662 shares during the last quarter. Nuveen LLC bought a new stake in Netflix in the 1st quarter worth $2,385,585,000. Goldman Sachs Group Inc. grew its holdings in Netflix by 57.3% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,393,064 shares of the Internet television network's stock worth $3,164,134,000 after acquiring an additional 1,236,251 shares during the last quarter. Amundi grew its holdings in Netflix by 37.7% in the 1st quarter. Amundi now owns 2,070,221 shares of the Internet television network's stock worth $1,898,496,000 after acquiring an additional 567,251 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in Netflix by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 37,997,260 shares of the Internet television network's stock worth $35,433,585,000 after acquiring an additional 509,255 shares during the last quarter. Institutional investors own 80.93% of the company's stock.

Netflix Stock Down 0.1%

NFLX opened at $1,200.51 on Wednesday. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58. The firm has a 50 day moving average price of $1,214.91 and a 200-day moving average price of $1,135.62. Netflix, Inc. has a twelve month low of $677.88 and a twelve month high of $1,341.15. The stock has a market capitalization of $510.13 billion, a price-to-earnings ratio of 51.15, a PEG ratio of 2.02 and a beta of 1.60.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The Internet television network reported $7.19 earnings per share 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 firm had revenue of $11.08 billion during the quarter, compared to analysts' expectations of $11.04 billion. During the same period in the previous year, the company earned $4.88 earnings per share. The firm'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. Equities research analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price target on shares of Netflix from $1,230.00 to $1,300.00 and gave the stock a "neutral" rating in a report on Friday, July 18th. Phillip Securities lowered shares of Netflix from a "hold" rating to a "strong sell" rating in a research note on Monday, July 21st. Loop Capital reaffirmed a "hold" rating on shares of Netflix in a research note on Tuesday, July 15th. Wells Fargo & Company lifted their target price on shares of Netflix from $1,500.00 to $1,560.00 and gave the company an "overweight" rating in a research note on Friday, July 18th. Finally, Oppenheimer boosted their price objective on shares of Netflix from $1,200.00 to $1,425.00 and gave the stock an "outperform" rating in a research note on Thursday, June 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Netflix currently has a consensus rating of "Moderate Buy" and an average target price of $1,317.58.

Insider Activity at Netflix

In related news, insider David A. Hyman sold 424 shares of the business's stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,158.67, for a total transaction of $491,276.08. Following the completion of 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Cletus R. Willems sold 238 shares of the business'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 transaction of $274,537.76. The disclosure for this sale can be found here. Insiders sold a total of 89,348 shares of company stock valued at $109,498,489 in the last three months. Corporate insiders own 1.37% of the company's stock.

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.

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