Gotham Asset Management LLC Sells 2,428 Shares of Netflix, Inc. $NFLX

Key Points

• Gotham Asset Management LLC reduced its stake in Netflix by 11.6%, selling 2,428 shares, which left the firm with 18,566 shares valued at approximately $17.3 million.
• Several large investors have recently increased their holdings in Netflix, with notable increases including a 234.4% raise by Resurgent Financial Advisors and a 42.1% increase by BNP Paribas Asset Management.
• Netflix's most recent earnings report showed $7.19 EPS, surpassing estimates, and the company has set a guidance for Q3 2025 EPS at 6.870.

Gotham Asset Management LLC lessened its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 11.6% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,566 shares of the Internet television network's stock after selling 2,428 shares during the period. Gotham Asset Management LLC's holdings in Netflix were worth $17,313,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Resurgent Financial Advisors LLC raised its stake in shares of Netflix by 234.4% during 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 in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in Netflix by 42.1% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 441,861 shares of the Internet television network's stock worth $412,059,000 after buying an additional 130,946 shares during the last quarter. Janus Henderson Group PLC increased its holdings in Netflix by 8.7% during the fourth quarter. Janus Henderson Group PLC now owns 1,377,081 shares of the Internet television network's stock worth $1,227,468,000 after buying an additional 110,432 shares during the last quarter. PharVision Advisers LLC bought a new stake in Netflix during the fourth quarter worth $873,000. Finally, New England Research & Management Inc. lifted its stake in Netflix by 148.5% in the first quarter. New England Research & Management Inc. now owns 2,122 shares of the Internet television network's stock valued at $1,979,000 after acquiring an additional 1,268 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Price Performance

Netflix stock opened at $1,243.82 on Friday. The company has a market capitalization of $528.53 billion, a price-to-earnings ratio of 53.00, a PEG ratio of 2.12 and a beta of 1.60. 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 12 month low of $660.80 and a 12 month high of $1,341.15. The stock's 50 day moving average is $1,225.36 and its 200-day moving average is $1,123.79.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, beating the consensus estimate 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 the consensus estimate of $11.04 billion. During the same period in the previous year, the company posted $4.88 EPS. 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 expect that Netflix, Inc. will post 24.58 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on NFLX shares. 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. KeyCorp lifted their price target on Netflix from $1,070.00 to $1,390.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Phillip Securities lowered Netflix from a "hold" rating to a "strong sell" rating in a research note on Monday, July 21st. Sanford C. Bernstein raised their price objective on Netflix from $1,200.00 to $1,390.00 and gave the company an "outperform" rating in a research report on Thursday, July 17th. Finally, Morgan Stanley reissued an "equal weight" rating on shares of Netflix in a report on Monday, July 21st. One investment 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 assigned a Sell rating to the stock. Based on data from MarketBeat, Netflix currently has a consensus rating of "Moderate Buy" and an average target price of $1,317.58.

Insider Buying and Selling

In related news, insider Cletus R. Willems sold 238 shares of the company's stock in a transaction dated 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 filing with the SEC, which is available through the SEC website. Also, CFO Spencer Adam Neumann sold 2,600 shares of the firm's stock in a transaction dated Tuesday, September 2nd. The stock was sold at an average price of $1,207.76, for a total transaction of $3,140,176.00. Following the transaction, the chief financial officer directly owned 3,691 shares in the company, valued at approximately $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 have sold a total of 89,348 shares of company stock valued at $109,498,489 in the last 90 days. 1.37% of the stock is currently 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.

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