Netflix, Inc. $NFLX Shares Bought by Nissay Asset Management Corp Japan ADV

Key Points

• Nissay Asset Management Corp Japan ADV increased its stake in Netflix, Inc. by 1.5%, owning 136,494 shares valued at approximately $127.28 million.
• Netflix's stock performance showed a recent opening price of $1,257.48, with a market capitalization of $534.34 billion and a 12-month price range between $660.80 and $1,341.15.
• Analysts have mixed views on Netflix, with an average rating of "Moderate Buy" and a consensus price target of $1,317.58 as of the last reports.

Nissay Asset Management Corp Japan ADV raised its holdings in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 1.5% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 136,494 shares of the Internet television network's stock after purchasing an additional 1,970 shares during the period. Netflix comprises 0.8% of Nissay Asset Management Corp Japan ADV's holdings, making the stock its 21st largest position. Nissay Asset Management Corp Japan ADV's holdings in Netflix were worth $127,285,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Netflix by 5.0% in the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network's stock worth $4,804,000 after acquiring an additional 257 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Netflix by 16.4% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network's stock worth $912,000 after acquiring an additional 144 shares during the last quarter. Bridgefront Capital LLC acquired a new stake in shares of Netflix in the fourth quarter worth approximately $218,000. Colonial Trust Co SC boosted its stake in shares of Netflix by 191.7% in the fourth quarter. Colonial Trust Co SC now owns 913 shares of the Internet television network's stock worth $814,000 after acquiring an additional 600 shares during the last quarter. Finally, EP Wealth Advisors LLC boosted its stake in shares of Netflix by 4.7% in the fourth quarter. EP Wealth Advisors LLC now owns 17,592 shares of the Internet television network's stock worth $15,680,000 after acquiring an additional 789 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Price Performance

NFLX stock opened at $1,257.48 on Friday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $534.34 billion, a PE ratio of 53.58, a P/E/G ratio of 2.06 and a beta of 1.60. Netflix, Inc. has a 12-month low of $660.80 and a 12-month high of $1,341.15. The business's fifty day moving average price is $1,226.94 and its 200 day moving average price is $1,122.36.

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 (EPS) for the quarter, beating the consensus estimate of $7.07 by $0.12. The firm had revenue of $11.08 billion for the quarter, compared to the consensus estimate of $11.04 billion. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The company's quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $4.88 EPS. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. On average, sell-side analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current year.

Insider Activity at Netflix

In other Netflix news, CEO Gregory K. Peters sold 2,026 shares of the company's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $1,157.44, for a total transaction of $2,344,973.44. Following the sale, the chief executive officer owned 12,781 shares in the company, valued at $14,793,240.64. This represents a 13.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Cletus R. Willems sold 238 shares of the company's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $1,153.52, for a total value of $274,537.76. The disclosure for this sale can be found here. Insiders have sold 89,348 shares of company stock worth $109,498,489 over the last quarter. 1.37% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on NFLX. Loop Capital reaffirmed a "hold" rating on shares of Netflix in a research note on Tuesday, July 15th. BMO Capital Markets reaffirmed an "outperform" rating and issued a $1,425.00 price target (up from $1,200.00) on shares of Netflix in a research note on Tuesday, July 15th. Wedbush reaffirmed an "outperform" rating and issued a $1,500.00 target price (up from $1,400.00) on shares of Netflix in a research note on Monday, July 14th. Zacks Research downgraded Netflix from a "strong-buy" rating to a "hold" rating in a research note on Monday. Finally, Piper Sandler raised their target price on Netflix from $1,400.00 to $1,500.00 and gave the stock an "overweight" rating in a research note on Friday, July 18th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given 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 has an average rating of "Moderate Buy" and a consensus price target of $1,317.58.

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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