Maridea Wealth Management LLC Makes New Investment in Netflix, Inc. $NFLX

Key Points

• Maridea Wealth Management purchased 25,656 Netflix shares worth approximately $1.83 million during the second quarter. Institutional investors collectively own 80.93% of Netflix.
• Netflix reported 13.4% year-over-year revenue growth to $12.56 billion and slightly exceeded quarterly EPS estimates. Analysts maintain a “Moderate Buy” consensus with an average price target of $103.48, above the reported $78.16 opening price.
• Investor sentiment remains mixed: Bill Ackman disclosed a sizable new Netflix position, while the company is closing two gaming studios and insiders have reported substantial recent stock sales.

Maridea Wealth Management LLC purchased a new stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 25,656 shares of the Internet television network's stock, valued at approximately $1,832,000.

Several other large investors have also made changes to their positions in the business. Turning Point Benefit Group Inc. grew its position in shares of Netflix by 13,400.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock worth $25,000 after purchasing an additional 268 shares in the last quarter. Imprint Wealth LLC purchased a new position in Netflix in the 3rd quarter worth approximately $25,000. Cornerstone Financial Management LLC purchased a new position in Netflix in the 4th quarter worth approximately $26,000. Atlas Capital Advisors Inc. bought a new position in Netflix in the 4th quarter worth approximately $26,000. Finally, Jessup Wealth Management Inc bought a new position in Netflix in the 4th quarter worth approximately $27,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bill Ackman’s Pershing Square disclosed a new Netflix position of approximately 3.15 million shares, representing about 4.9% of the fund’s portfolio. Ackman said Netflix has effectively “won the streaming wars,” renewing investor interest after the stock’s major sell-off. Reuters article
• Positive Sentiment: Analysts and investing commentators point to Netflix’s resilient fundamentals: second-quarter revenue rose 13.4% year over year to $12.6 billion, earnings per share slightly exceeded estimates, and profitability remained strong. The advertising business, expanding margins and a valuation viewed as reasonable relative to growth are supporting the bullish case. Zacks article
• Positive Sentiment: Netflix’s continued push into live sports—including an MLB “Field of Dreams” game—and the extension of its Seinfeld agreement could strengthen engagement, advertising opportunities and content retention. MLB live sports article
• Neutral Sentiment: Institutional positioning is mixed: some large investors added shares while others reduced holdings. Analysts’ reported price targets remain above the current market level, but investors still must weigh valuation and slowing growth expectations.
• Negative Sentiment: Netflix closed its Hollywood-based Night School gaming studio and plans to close Helsinki-based Moonloot. The closures may improve focus and reduce costs, but they also raise questions about the company’s gaming strategy and ability to expand beyond streaming. Los Angeles Times article
• Negative Sentiment: Reported insider trading shows 30 Netflix open-market sales and no purchases over the past six months. While such sales may reflect compensation or diversification, the one-sided pattern can weigh on sentiment and contrasts with Ackman’s new bullish position. Quiver Quantitative article

Netflix Stock Performance

NASDAQ NFLX opened at $78.16 on Friday. The stock has a market capitalization of $325.45 billion, a PE ratio of 24.60, a P/E/G ratio of 0.98 and a beta of 1.52. The business has a 50 day simple moving average of $74.67 and a two-hundred day simple moving average of $84.54. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. Netflix, Inc. has a 1-year low of $65.08 and a 1-year high of $126.71.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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%.The company's revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 EPS. On average, research analysts predict that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Morgan Stanley reaffirmed an "overweight" rating and set a $90.00 price objective (down from $115.00) on shares of Netflix in a report on Tuesday, July 14th. Seaport Research Partners downgraded shares of Netflix from a "buy" rating to a "neutral" rating in a report on Monday, July 20th. Moffett Nathanson dropped their target price on shares of Netflix from $120.00 to $115.00 and set a "buy" rating for the company in a research report on Wednesday, June 17th. Wedbush cut their target price on shares of Netflix from $118.00 to $105.00 and set an "outperform" rating for the company in a research note on Friday, July 17th. Finally, Weiss Ratings downgraded shares of Netflix from a "hold (c+)" rating to a "hold (c)" rating in a report on Friday, June 26th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Netflix currently has a consensus rating of "Moderate Buy" and a consensus price target of $103.48.

Insider Transactions at Netflix

In related news, CEO Gregory K. Peters sold 27,312 shares of the business's stock in a transaction on Thursday, August 6th. The shares were 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 approximately $8,893,265.74. The trade was a 18.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $2,789,944.80. Following the completion of the sale, the director owned 79,690 shares in the company, valued at $6,177,568.80. This represents a 31.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 600,295 shares of company stock valued at $49,056,671 in the last 90 days. Company insiders own 1.24% of the company's stock.

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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