U.S. Capital Wealth Advisors LLC Cuts Stock Position in Netflix, Inc. $NFLX

Key Points

• U.S. Capital Wealth Advisors LLC reduced its stake in Netflix by 16% during Q2, holding 6,776 shares valued at approximately $9.07 million after selling 1,292 shares.
• Netflix reported earnings of $7.19 per share for the last quarter, exceeding expectations, with a net margin of 24.58% and revenue of $11.08 billion, representing a 15.9% year-over-year increase.
• Several analysts upgraded Netflix, with Wall Street Zen changing its rating to "buy" while maintaining a consensus target price of $1,328.87.

U.S. Capital Wealth Advisors LLC decreased its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 16.0% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,776 shares of the Internet television network's stock after selling 1,292 shares during the quarter. U.S. Capital Wealth Advisors LLC's holdings in Netflix were worth $9,073,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in NFLX. GAMMA Investing LLC increased its position in shares of Netflix by 109,524.3% during the 1st quarter. GAMMA Investing LLC now owns 8,835,722 shares of the Internet television network's stock worth $8,239,576,000 after purchasing an additional 8,827,662 shares during the last quarter. Nuveen LLC acquired a new position in shares of Netflix during the 1st quarter worth approximately $2,385,585,000. Kingstone Capital Partners Texas LLC increased its holdings in shares of Netflix by 343,058.2% during the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 2,463,876 shares of the Internet television network's stock worth $3,299,450,000 after acquiring an additional 2,463,158 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Netflix by 57.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,393,064 shares of the Internet television network's stock worth $3,164,134,000 after acquiring an additional 1,236,251 shares during the last quarter. Finally, Amundi increased its holdings in shares of Netflix by 37.7% during the 1st quarter. Amundi now owns 2,070,221 shares of the Internet television network's stock worth $1,898,496,000 after acquiring an additional 567,251 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Jefferies Financial Group reissued a "buy" rating on shares of Netflix in a report on Thursday, September 11th. Morgan Stanley reissued an "equal weight" rating on shares of Netflix in a report on Monday, July 21st. UBS Group reaffirmed a "market underperform" rating on shares of Netflix in a report on Saturday, July 19th. Wedbush reaffirmed an "outperform" rating and issued a $1,500.00 price objective (up from $1,400.00) on shares of Netflix in a report on Monday, July 14th. Finally, The Goldman Sachs Group upped their price objective on Netflix from $1,000.00 to $1,140.00 and gave the company a "neutral" rating in a report on Wednesday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $1,328.87.

Netflix Stock Performance

Shares of NASDAQ:NFLX traded up $0.40 during midday trading on Monday, reaching $1,227.37. 2,543,834 shares of the company traded hands, compared to its average volume of 2,749,690. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58. Netflix, Inc. has a 12 month low of $677.88 and a 12 month high of $1,341.15. The firm has a market capitalization of $521.55 billion, a price-to-earnings ratio of 52.30, a price-to-earnings-growth ratio of 2.07 and a beta of 1.60. The firm's fifty day moving average price is $1,211.80 and its two-hundred day moving average price is $1,144.65.

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, topping 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 business had revenue of $11.08 billion during the quarter, compared to analysts' expectations of $11.04 billion. During the same period in the previous year, the business earned $4.88 earnings per share. The firm's revenue 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. On average, equities analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insider Transactions at Netflix

In other Netflix 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 transaction of $2,344,973.44. Following the completion of the transaction, the chief executive officer owned 12,781 shares of the company's stock, valued at $14,793,240.64. This represents a 13.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Theodore A. Sarandos sold 2,026 shares of the company's stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 15,168 shares of the company's stock, valued at $17,604,284.16. The trade was a 11.78% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 89,348 shares of company stock valued at $109,498,489 over the last quarter. 1.37% of the stock is owned by company insiders.

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.