339 Shares in Netflix, Inc. $NFLX Bought by George Kaiser Family Foundation

Key Points

• The George Kaiser Family Foundation acquired a new stake in Netflix, Inc. during the first quarter, purchasing 339 shares valued at approximately $316,000, making it the foundation's 25th largest investment.
• Netflix reported a quarterly earnings per share of $7.19, exceeding analysts' estimates of $7.07, with a revenue of $11.08 billion, reflecting a 15.9% year-over-year growth.
• Analysts have mixed ratings on Netflix, with three giving it a sell rating, while twenty-two have rated it as a buy; the stock currently has a consensus rating of "Moderate Buy" and an average price target of $1,297.66.

George Kaiser Family Foundation purchased a new position in Netflix, Inc. (NASDAQ:NFLX - Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 339 shares of the Internet television network's stock, valued at approximately $316,000. Netflix comprises approximately 0.0% of George Kaiser Family Foundation's investment portfolio, making the stock its 25th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Steward Partners Investment Advisory LLC boosted its position in shares of Netflix by 3.8% in the 1st quarter. Steward Partners Investment Advisory LLC now owns 35,100 shares of the Internet television network's stock worth $32,732,000 after purchasing an additional 1,280 shares during the last quarter. Adams Wealth Management raised its stake in Netflix by 37.2% during the 1st quarter. Adams Wealth Management now owns 409 shares of the Internet television network's stock worth $380,000 after buying an additional 111 shares during the period. Roberts Capital Advisors LLC raised its stake in Netflix by 90.6% during the 1st quarter. Roberts Capital Advisors LLC now owns 2,636 shares of the Internet television network's stock worth $2,458,000 after buying an additional 1,253 shares during the period. Tyler Stone Wealth Management raised its stake in Netflix by 1.9% during the 1st quarter. Tyler Stone Wealth Management now owns 709 shares of the Internet television network's stock worth $661,000 after buying an additional 13 shares during the period. Finally, Knuff & Co LLC raised its stake in Netflix by 2.0% during the 1st quarter. Knuff & Co LLC now owns 17,307 shares of the Internet television network's stock worth $16,139,000 after buying an additional 344 shares during the period. 80.93% of the stock is currently owned by institutional investors.

Insider Activity at Netflix

In other news, CEO Gregory K. Peters sold 2,026 shares of Netflix stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total value of $2,344,973.44. Following the completion of the sale, the chief executive officer directly owned 12,781 shares in the company, valued at approximately $14,793,240.64. The trade was a 13.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Cletus R. Willems sold 238 shares of Netflix 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. Over the last quarter, insiders have sold 146,307 shares of company stock valued at $179,443,809. Insiders own 1.37% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Pivotal Research reaffirmed a "buy" rating on shares of Netflix in a research note on Thursday, July 10th. Phillip Securities downgraded Netflix from a "hold" rating to a "strong sell" rating in a research note on Monday, July 21st. Rosenblatt Securities raised their price objective on Netflix from $1,514.00 to $1,515.00 and gave the stock a "buy" rating in a research note on Friday, July 18th. Robert W. Baird raised their price objective on Netflix from $1,300.00 to $1,500.00 and gave the stock an "outperform" rating in a research note on Monday, July 21st. Finally, BMO Capital Markets reaffirmed an "outperform" rating and set a $1,425.00 price objective (up previously from $1,200.00) on shares of Netflix in a research note on Tuesday, July 15th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $1,297.66.

Netflix Stock Up 0.1%

Shares of NASDAQ NFLX traded up $1.2090 during mid-day trading on Wednesday, hitting $1,215.3590. The company had a trading volume of 1,862,239 shares, compared to its average volume of 4,150,912. The company has a market capitalization of $516.44 billion, a PE ratio of 51.73, a price-to-earnings-growth ratio of 2.10 and a beta of 1.59. The firm has a 50-day simple moving average of $1,231.86 and a two-hundred day simple moving average of $1,106.54. 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, Inc. has a one year low of $660.80 and a one year high of $1,341.15.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 EPS for the quarter, topping 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 during the quarter, compared to analysts' expectations of $11.04 billion. During the same quarter last year, the company posted $4.88 earnings per share. Netflix'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, equities analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

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.