Temasek Holdings Private Ltd Has $45.29 Million Position in Netflix, Inc. $NFLX

Key Points

• Temasek Holdings Private Ltd has significantly increased its stake in Netflix, Inc. by 113.2% in the first quarter, bringing its total shares to 48,563, valued at approximately $45.29 million.
• Netflix's latest earnings report showed earnings per share of $7.19, beating estimates and indicating a 15.9% year-over-year revenue increase, with total revenue reaching $11.08 billion.
• Despite positive performance, recent analyst ratings reflect mixed views, with Canaccord Genuity reaffirming a "buy" rating, while Phillip Securities downgraded the stock to "strong sell".

Temasek Holdings Private Ltd increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 113.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,563 shares of the Internet television network's stock after acquiring an additional 25,781 shares during the period. Temasek Holdings Private Ltd's holdings in Netflix were worth $45,286,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Halbert Hargrove Global Advisors LLC raised its holdings in Netflix by 100.0% during the first 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 in the last quarter. Brown Shipley& Co Ltd bought a new stake in Netflix during the fourth quarter worth about $27,000. Copia Wealth Management bought a new stake in Netflix during the fourth quarter worth about $37,000. Stuart Chaussee & Associates Inc. raised its holdings in Netflix by 4,500.0% during the fourth quarter. Stuart Chaussee & Associates Inc. now owns 46 shares of the Internet television network's stock worth $41,000 after acquiring an additional 45 shares in the last quarter. Finally, Barnes Dennig Private Wealth Management LLC bought a new stake in Netflix during the first quarter worth about $42,000. Institutional investors own 80.93% of the company's stock.

Insider Transactions at Netflix

In other news, CEO Gregory K. Peters sold 2,026 shares of the company's stock in a transaction that occurred on Tuesday, August 5th. The stock was sold at an average price of $1,157.44, for a total value of $2,344,973.44. Following the transaction, the chief executive officer owned 12,781 shares of the company's stock, valued at approximately $14,793,240.64. This represents a 13.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Reed Hastings sold 25,959 shares of the company's stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $1,207.71, for a total value of $31,350,943.89. Following the completion of the transaction, the director directly owned 394 shares in the company, valued at $475,837.74. The trade was a 98.50% 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. Company insiders own 1.37% of the company's stock.

Netflix Stock Performance

NASDAQ:NFLX traded down $15.54 on Wednesday, hitting $1,247.71. The company's stock had a trading volume of 2,534,194 shares, compared to its average volume of 4,012,373. Netflix, Inc. has a one year low of $660.80 and a one year high of $1,341.15. The stock has a fifty day moving average of $1,222.86 and a two-hundred day moving average of $1,127.68. 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 firm has a market capitalization of $530.19 billion, a P/E ratio of 53.16, a price-to-earnings-growth ratio of 2.10 and a beta of 1.60.

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 the consensus estimate 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 the consensus estimate of $11.04 billion. During the same quarter in the prior year, the business earned $4.88 earnings per share. The firm's revenue for the quarter was up 15.9% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on NFLX shares. Jefferies Financial Group reiterated a "buy" rating on shares of Netflix in a report on Tuesday, August 12th. Seaport Res Ptn lowered Netflix from a "strong-buy" rating to a "hold" rating in a report on Sunday, July 6th. Wells Fargo & Company upped their price objective on Netflix from $1,500.00 to $1,560.00 and gave the company an "overweight" rating in a research note on Friday, July 18th. Sanford C. Bernstein upped their price objective on Netflix from $1,200.00 to $1,390.00 and gave the company an "outperform" rating in a research note on Thursday, July 17th. Finally, Wall Street Zen lowered Netflix from a "buy" rating to a "hold" rating in a research note on Saturday, August 30th. One research 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $1,317.58.

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.