KMG Fiduciary Partners LLC Has $4.63 Million Holdings in Netflix, Inc. $NFLX

Key Points

• KMG Fiduciary Partners increased its Netflix stake by 38.4% in the second quarter, bringing its holdings to 64,858 shares valued at approximately $4.63 million.
• Institutional investors own 80.93% of Netflix, while company insiders sold about 600,295 shares worth $49.1 million during the last quarter, including sales by a director and the CEO.
• Analysts maintain a generally positive outlook, with Netflix receiving a “Moderate Buy” consensus rating and an average price target of $103.48. The company slightly exceeded quarterly EPS expectations, although revenue narrowly missed estimates.

KMG Fiduciary Partners LLC grew its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 38.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,858 shares of the Internet television network's stock after purchasing an additional 17,991 shares during the period. KMG Fiduciary Partners LLC's holdings in Netflix were worth $4,631,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Imprint Wealth LLC acquired a new stake in shares of Netflix during the 3rd quarter worth approximately $25,000. Turning Point Benefit Group Inc. raised its stake in shares of Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock valued at $25,000 after purchasing an additional 268 shares in the last quarter. Atlas Capital Advisors Inc. bought a new position in Netflix in the fourth quarter worth $26,000. Cornerstone Financial Management LLC bought a new position in Netflix in the fourth quarter worth $26,000. Finally, Jessup Wealth Management Inc acquired a new stake in Netflix during the fourth quarter worth $27,000. Institutional investors and hedge funds own 80.93% of the company's stock.

Insider Transactions at Netflix

In other Netflix news, Director Bradford L. Smith sold 35,990 shares of the business's stock in a transaction on Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total value of $2,789,944.80. Following the transaction, the director owned 79,690 shares of the company's stock, valued at approximately $6,177,568.80. The trade was a 31.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $73.54, for a total value of $2,008,524.48. Following the sale, the chief executive officer owned 120,931 shares in the company, valued at $8,893,265.74. The trade was a 18.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 600,295 shares of company stock worth $49,056,671. 1.24% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on NFLX. China Intl Cap raised shares of Netflix to a "strong-buy" rating in a report on Tuesday, July 21st. Bank of America reaffirmed a "buy" rating and set a $125.00 price objective on shares of Netflix in a report on Monday, May 18th. Morgan Stanley reiterated an "overweight" rating and set a $90.00 target price (down from $115.00) on shares of Netflix in a research report on Tuesday, July 14th. UBS Group lowered their target price on shares of Netflix from $130.00 to $115.00 and set a "buy" rating on the stock in a research note on Friday, July 17th. Finally, CLSA initiated coverage on shares of Netflix in a research report on Monday, July 20th. They issued an "outperform" rating for the company. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seventeen have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $103.48.

Netflix Stock Performance

NASDAQ:NFLX opened at $76.29 on Tuesday. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $126.71. The firm has a 50 day moving average of $75.13 and a 200-day moving average of $84.78. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $317.67 billion, a P/E ratio of 24.01, a price-to-earnings-growth ratio of 0.93 and a beta of 1.52.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. The business had revenue of $12.56 billion for the quarter, compared to the consensus estimate of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%.Netflix's revenue was up 13.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.72 EPS. As a group, sell-side analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix said its U.S. advertising commitments for 2026 nearly doubled from the prior year during its Upfront negotiations. The announcement suggests growing advertiser demand and supports expectations that the company’s ad-supported business can become a more meaningful revenue and profit contributor. Netflix Wraps Upfront, Volume Nearly Doubled
• Positive Sentiment: Several market commentators highlighted potential upside after Netflix’s steep pullback. One analysis pointed to possible earnings catalysts and continued purchasing, while another said analysts see substantial appreciation potential based on buy ratings and price targets well above current levels. Netflix Is Down 42% From Its High Down but Not Out: Analysts See 40% Upside in Netflix
• Positive Sentiment: Netflix was also selected as a “Final Trade” on CNBC’s Halftime Report, adding to near-term positive investor attention. CNBC Final Trades
• Neutral Sentiment: Commentary remains divided over Netflix’s long-term dominance and its premium valuation relative to Disney. The debate centers on whether Netflix’s more predictable streaming growth and emerging advertising business justify the higher multiple. Is Netflix’s Long-Term Dominance Under Threat?
• Negative Sentiment: CFO Spencer Adam Neumann sold 9,248 shares for approximately $701,000, reducing his holdings by 11.14%. While insider sales do not necessarily indicate a change in business outlook, the transaction may weigh modestly on sentiment. Netflix SEC Form 4 Filing

Netflix Company Profile

Netflix, Inc NASDAQ: NFLX is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company's primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.

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