Netflix, Inc. $NFLX Shares Acquired by Teewinot Capital Advisers L.L.C.

Key Points

• Teewinot Capital Advisers L.L.C. increased its stake in Netflix, raising its holdings by 3.3%, now owning 82,286 shares valued at approximately $76.7 million.
• Netflix's shares traded at $1,243.82, with a market capitalization of $528.54 billion, alongside a P/E ratio of 53.00 and projected FY 2025 earnings at 24.58 EPS.
• Insider trading activity included sales by CFO Spencer Adam Neumann and CEO Theodore A. Sarandos, indicating a 41.34% and 11.78% decrease in their respective ownership stakes.

Teewinot Capital Advisers L.L.C. lifted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 3.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 82,286 shares of the Internet television network's stock after purchasing an additional 2,667 shares during the quarter. Netflix makes up about 7.8% of Teewinot Capital Advisers L.L.C.'s holdings, making the stock its 4th biggest position. Teewinot Capital Advisers L.L.C.'s holdings in Netflix were worth $76,734,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Fullcircle Wealth LLC lifted its stake in Netflix by 2.5% in the first quarter. Fullcircle Wealth LLC now owns 369 shares of the Internet television network's stock valued at $344,000 after buying an additional 9 shares in the last quarter. Capital Analysts LLC lifted its stake in Netflix by 0.3% in the first quarter. Capital Analysts LLC now owns 2,620 shares of the Internet television network's stock valued at $2,443,000 after buying an additional 9 shares in the last quarter. Enterprise Financial Services Corp lifted its stake in Netflix by 1.8% in the first quarter. Enterprise Financial Services Corp now owns 505 shares of the Internet television network's stock valued at $471,000 after buying an additional 9 shares in the last quarter. Continuum Wealth Advisors LLC lifted its position in shares of Netflix by 4.4% in the first quarter. Continuum Wealth Advisors LLC now owns 235 shares of the Internet television network's stock worth $219,000 after purchasing an additional 10 shares in the last quarter. Finally, Financial Enhancement Group LLC lifted its position in shares of Netflix by 2.5% in the first quarter. Financial Enhancement Group LLC now owns 412 shares of the Internet television network's stock worth $384,000 after purchasing an additional 10 shares in the last quarter. 80.93% of the stock is owned by institutional investors.

Insider Activity at Netflix

In other news, CEO Theodore A. Sarandos sold 2,026 shares of the stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $1,160.62, for a total value of $2,351,416.12. Following the completion of the transaction, the chief executive officer owned 15,168 shares of the company's stock, valued at approximately $17,604,284.16. This represents a 11.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Spencer Adam Neumann sold 2,601 shares of the stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $1,162.40, for a total transaction of $3,023,402.40. Following the completion of the transaction, the chief financial officer directly owned 3,691 shares of the company's stock, valued at $4,290,418.40. This trade represents a 41.34% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 89,348 shares of company stock worth $109,498,489 over the last three months. 1.37% of the stock is owned by insiders.

Netflix Stock Performance

Shares of Netflix stock traded down $42.37 during trading on Thursday, reaching $1,205.34. The company's stock had a trading volume of 2,740,385 shares, compared to its average volume of 4,005,033. Netflix, Inc. has a 52 week low of $677.88 and a 52 week high of $1,341.15. The business's 50-day moving average price is $1,222.12 and its 200-day moving average price is $1,128.51. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58. The firm has a market cap of $512.18 billion, a PE ratio of 51.30, a P/E/G ratio of 2.13 and a beta of 1.60.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The Internet television network reported $7.19 earnings per share for the quarter, topping the consensus estimate of $7.07 by $0.12. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The business had revenue of $11.08 billion during the quarter, compared to analysts' expectations of $11.04 billion. During the same quarter in the prior year, the business posted $4.88 earnings per share. Netflix's revenue was up 15.9% compared to the same quarter last year. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Equities analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NFLX. Wedbush restated an "outperform" rating and set a $1,500.00 target price (up from $1,400.00) on shares of Netflix in a report on Monday, July 14th. UBS Group restated a "market underperform" rating on shares of Netflix in a report on Saturday, July 19th. Piper Sandler boosted their target price on shares of Netflix from $1,400.00 to $1,500.00 and gave the stock an "overweight" rating in a report on Friday, July 18th. Robert W. Baird upped their price objective on shares of Netflix from $1,300.00 to $1,500.00 and gave the company an "outperform" rating in a report on Monday, July 21st. Finally, Phillip Securities downgraded shares of Netflix from a "hold" rating to a "strong sell" rating in a report on Monday, July 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $1,317.58.

Netflix Company 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.