Lindenwold Advisors INC Makes New $1.35 Million Investment in Netflix, Inc. $NFLX

Key Points

• Lindenwold Advisors INC has invested approximately $1.35 million into Netflix, acquiring 1,005 shares of the streaming service, according to their recent Form 13F filing.
• Netflix reported earnings of $7.19 EPS for the last quarter, slightly exceeding consensus estimates and showing a 15.9% year-over-year revenue increase.
• Analysts have mixed recommendations for Netflix, with target prices ranging from $1,100.00 to as high as $1,560.00, indicating varying levels of confidence in its future performance.

Lindenwold Advisors INC acquired a new position in Netflix, Inc. (NASDAQ:NFLX - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 1,005 shares of the Internet television network's stock, valued at approximately $1,346,000.

A number of other institutional investors and hedge funds have also made changes to their positions in NFLX. Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Netflix by 100.0% in the 1st 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 during the last quarter. Maseco LLP bought a new stake in shares of Netflix in the 2nd quarter worth about $39,000. Ransom Advisory Ltd bought a new stake in shares of Netflix in the 2nd quarter worth about $47,000. Flaharty Asset Management LLC bought a new stake in shares of Netflix in the 1st quarter worth about $37,000. Finally, Signature Resources Capital Management LLC lifted its holdings in shares of Netflix by 740.0% in the 2nd quarter. Signature Resources Capital Management LLC now owns 42 shares of the Internet television network's stock worth $56,000 after acquiring an additional 37 shares during the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Trading Down 0.9%

Shares of NFLX opened at $1,220.08 on Friday. Netflix, Inc. has a 1-year low of $677.88 and a 1-year high of $1,341.15. The company has a 50-day moving average of $1,210.84 and a 200 day moving average of $1,167.10. The firm has a market capitalization of $518.45 billion, a price-to-earnings ratio of 51.98, a PEG ratio of 2.07 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.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its 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 business had revenue of $11.08 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm posted $4.88 EPS. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. On average, research analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

Analyst Upgrades and Downgrades

NFLX has been the subject of several analyst reports. Barclays restated a "sell" rating and issued a $1,100.00 target price (up previously from $1,000.00) on shares of Netflix in a report on Wednesday, July 9th. BMO Capital Markets restated an "outperform" rating and issued a $1,425.00 target price (up previously from $1,200.00) on shares of Netflix in a report on Tuesday, July 15th. Wells Fargo & Company raised their target price on shares of Netflix from $1,500.00 to $1,560.00 and gave the stock an "overweight" rating in a report on Friday, July 18th. Rosenblatt Securities lifted their price objective on shares of Netflix from $1,514.00 to $1,515.00 and gave the company a "buy" rating in a report on Friday, July 18th. Finally, TD Cowen decreased their price objective on shares of Netflix from $1,450.00 to $1,425.00 and set a "buy" rating for the company in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, Netflix currently has an average rating of "Moderate Buy" and an average price target of $1,337.63.

Insider Buying and Selling at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 2,601 shares of the firm's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $1,162.40, for a total transaction of $3,023,402.40. Following the transaction, the chief financial officer owned 3,691 shares of the company's stock, valued at approximately $4,290,418.40. This trade represents a 41.34% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Gregory K. Peters sold 2,026 shares of the firm's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total transaction of $2,344,973.44. Following the transaction, the chief executive officer directly owned 12,781 shares in the company, valued at $14,793,240.64. This trade represents a 13.68% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 104,100 shares of company stock worth $122,710,980. 1.37% of the stock is currently owned by company insiders.

About Netflix

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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