Dorsey & Whitney Trust CO LLC Grows Position in Netflix, Inc. $NFLX

Key Points

• Dorsey & Whitney Trust CO LLC increased its holdings in Netflix by 7.7% in Q1, now owning 4,602 shares valued at $4.29 million.
• Vanguard Group Inc. and GAMMA Investing LLC also boosted their stakes in Netflix significantly during the same period, indicating strong institutional interest.
• Netflix's stock has a **market capitalization** of $515.93 billion and reported a **15.9% revenue increase** year-over-year with earnings per share of $7.19, surpassing analysts' expectations.

Dorsey & Whitney Trust CO LLC lifted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 7.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,602 shares of the Internet television network's stock after purchasing an additional 330 shares during the quarter. Dorsey & Whitney Trust CO LLC's holdings in Netflix were worth $4,292,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of NFLX. Brighton Jones LLC lifted its stake in Netflix by 5.0% during the 4th 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 in the last quarter. Revolve Wealth Partners LLC lifted its stake in Netflix by 16.4% during the 4th 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 in the last quarter. BIP Wealth LLC lifted its stake in Netflix by 23.8% during the 4th quarter. BIP Wealth LLC now owns 453 shares of the Internet television network's stock worth $403,000 after acquiring an additional 87 shares in the last quarter. Transce3nd LLC acquired a new position in Netflix during the 4th quarter worth about $32,000. Finally, J. Safra Sarasin Holding AG lifted its stake in Netflix by 72.1% during the 4th quarter. J. Safra Sarasin Holding AG now owns 7,609 shares of the Internet television network's stock worth $6,789,000 after acquiring an additional 3,187 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Netflix Stock Down 0.6%

NFLX stock traded down $7.65 during mid-day trading on Thursday, reaching $1,206.21. The company had a trading volume of 2,043,018 shares, compared to its average volume of 3,016,992. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.34 and a current ratio of 1.34. The company has a market capitalization of $512.55 billion, a price-to-earnings ratio of 51.39, a price-to-earnings-growth ratio of 2.04 and a beta of 1.59. The firm has a fifty day simple moving average of $1,231.56 and a 200 day simple moving average of $1,108.85. Netflix, Inc. has a fifty-two week low of $660.80 and a fifty-two week high of $1,341.15.

Netflix (NASDAQ:NFLX - Get Free Report) last posted its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.07 by $0.12. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The company had revenue of $11.08 billion for the quarter, compared to analyst estimates of $11.04 billion. During the same quarter last year, the company earned $4.88 EPS. Netflix's revenue for the quarter 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. Analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Buying and Selling at Netflix

In other news, CEO Theodore A. Sarandos sold 2,026 shares of the firm's stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $1,160.62, for a total transaction of $2,351,416.12. Following the sale, the chief executive officer owned 15,168 shares of the company's stock, valued at approximately $17,604,284.16. This trade represents a 11.78% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Spencer Adam Neumann sold 685 shares of the firm's stock in a transaction dated Wednesday, August 6th. The stock was sold at an average price of $1,161.21, for a total value of $795,428.85. Following the sale, the chief financial officer directly owned 3,691 shares in the company, valued at $4,286,026.11. This trade represents a 15.65% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 146,307 shares of company stock worth $179,443,809. 1.37% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on NFLX shares. Barclays reissued a "sell" rating and set a $1,100.00 target price (up previously from $1,000.00) on shares of Netflix in a research note on Wednesday, July 9th. KeyCorp increased their target price on Netflix from $1,070.00 to $1,390.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Robert W. Baird increased their price target on Netflix from $1,300.00 to $1,500.00 and gave the company an "outperform" rating in a research report on Monday, July 21st. Rosenblatt Securities increased their price target on Netflix from $1,514.00 to $1,515.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Finally, Citigroup reaffirmed a "neutral" rating and issued a $1,250.00 price target (up previously from $1,020.00) on shares of Netflix in a research report on Thursday, May 29th. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $1,297.66.

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.