Gould Capital LLC Sells 478 Shares of Netflix, Inc. $NFLX

Key Points

• Gould Capital LLC reduced its holdings in Netflix by 23.4%, selling 478 shares, and now owns a total of 1,569 shares valued at approximately $1.46 million.
• Netflix reported $7.19 EPS for the last quarter, surpassing analysts' expectations, with revenue up 15.9% from the previous year, totaling $11.08 billion.
• Wall Street analysts have mixed ratings on Netflix, with a consensus rating of "Moderate Buy" and an average price target of $1,297.66.

Gould Capital LLC lessened its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 23.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,569 shares of the Internet television network's stock after selling 478 shares during the period. Gould Capital LLC's holdings in Netflix were worth $1,463,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Halbert Hargrove Global Advisors LLC increased its position in shares of Netflix by 100.0% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network's stock worth $25,000 after acquiring an additional 13 shares in the last quarter. Brown Shipley& Co Ltd bought a new stake in shares of Netflix during the fourth quarter worth $27,000. Copia Wealth Management bought a new stake in shares of Netflix during the fourth quarter worth $37,000. Stuart Chaussee & Associates Inc. increased its position in shares of Netflix by 4,500.0% during the fourth quarter. Stuart Chaussee & Associates Inc. now owns 46 shares of the Internet television network's stock worth $41,000 after acquiring an additional 45 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Netflix during the first quarter worth $42,000. Institutional investors own 80.93% of the company's stock.

Netflix Stock Performance

Shares of NFLX stock opened at $1,206.21 on Friday. The stock has a market cap of $512.55 billion, a P/E ratio of 51.39, a P/E/G ratio of 2.04 and a beta of 1.59. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.34 and a quick ratio of 1.34. The company has a fifty day moving average price of $1,231.56 and a two-hundred day moving average price of $1,108.85. 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 announced its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 EPS for the quarter, beating analysts' consensus estimates of $7.07 by $0.12. The firm had revenue of $11.08 billion during the quarter, compared to analysts' expectations of $11.04 billion. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The company's revenue for the quarter was up 15.9% compared to the same quarter last year. During the same quarter last year, the company posted $4.88 earnings per share. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. As a group, equities analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. TD Cowen increased their price objective on shares of Netflix from $1,440.00 to $1,450.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. Seaport Res Ptn downgraded shares of Netflix from a "strong-buy" rating to a "hold" rating in a research report on Sunday, July 6th. KeyCorp raised 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 report on Thursday, July 10th. Bank of America raised their target price on shares of Netflix from $1,175.00 to $1,490.00 and gave the company a "buy" rating in a research report on Friday, May 30th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $1,500.00 target price on shares of Netflix in a research report on Friday, July 18th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, ten have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $1,297.66.

Insider Transactions at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 685 shares of the stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $1,161.21, for a total value of $795,428.85. Following the completion of the sale, the chief financial officer owned 3,691 shares in the company, valued at $4,286,026.11. This trade represents a 15.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Theodore A. Sarandos sold 2,026 shares of the business's stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 15,168 shares in the company, valued at $17,604,284.16. The trade was a 11.78% decrease in their ownership of the stock. 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. 1.37% of the stock is owned by company 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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