Nwam LLC Has $888,000 Stake in Netflix, Inc. $NFLX

Key Points

• Nwam LLC cut its Netflix stake by 56.4% in the second quarter, selling 16,069 shares and retaining 12,433 shares valued at approximately $888,000. Institutional investors and hedge funds collectively own 80.93% of Netflix.
• Netflix’s latest quarterly results slightly exceeded expectations on earnings, reporting $0.80 EPS versus the $0.79 consensus, while revenue rose 13.4% year over year to $12.56 billion. The stock opened at $82.73, below its 52-week high of $126.71.
• Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and an average price target of $96.65. However, company insiders sold more than $15.8 million in shares during the latest quarter, and investors remain concerned about slowing growth and competition.

Nwam LLC reduced its stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 56.4% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,433 shares of the Internet television network's stock after selling 16,069 shares during the period. Nwam LLC's holdings in Netflix were worth $888,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NFLX. Imprint Wealth LLC acquired a new stake in Netflix during the 3rd quarter valued at approximately $25,000. Cornerstone Financial Management LLC bought a new stake in shares of Netflix in the 4th quarter valued at $26,000. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Netflix in the 2nd quarter valued at $26,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Netflix during the fourth quarter worth $26,000. Finally, Jessup Wealth Management Inc acquired a new stake in shares of Netflix during the fourth quarter worth $27,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Trading Up 2.4%

NFLX opened at $82.73 on Thursday. Netflix, Inc. has a 1-year low of $65.08 and a 1-year high of $126.71. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. The company has a market cap of $344.48 billion, a P/E ratio of 26.04, a price-to-earnings-growth ratio of 1.14 and a beta of 1.53. The company has a fifty day moving average price of $75.19 and a two-hundred day moving average price of $84.40.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. The company had revenue of $12.56 billion for the quarter, compared to analysts' expectations of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The business's revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 EPS. Analysts predict that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Several analysts and commentators view Netflix as attractively valued after its substantial pullback from its high. The company’s growing ad-supported business, strong cash generation and buyback program could support a long-term recovery. Netflix Is Down 46% From Its High
• Positive Sentiment: Netflix received an average “Moderate Buy” analyst rating, reinforcing the view that the recent weakness may represent an entry opportunity rather than a deterioration in the long-term investment case. Netflix Receives Moderate Buy Rating
• Positive Sentiment: A multi-year agreement with EverPass Media will distribute Netflix’s five 2026 NFL games, including a Thanksgiving Eve matchup, to commercial venues nationwide. The deal broadens the reach and monetization potential of Netflix’s live-sports programming. EverPass Media Expands NFL Offering Through Agreement with Netflix
• Neutral Sentiment: A partnership with Stella Artois tied to season two of The Gentlemen, along with strong attention generated by exclusive Grand Theft Auto VI preview footage on Netflix, supports engagement and advertising visibility but is unlikely to materially change near-term financial results. Netflix Unveils New Partnership
• Negative Sentiment: Investors remain concerned about slowing subscriber and revenue growth, competition from short-form video platforms and Netflix’s underperformance versus the broader market. These issues could limit multiple expansion despite the discounted valuation. Netflix: A Streaming Giant at a Rare Discount?

Insider Buying and Selling at Netflix

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $73.54, for a total value of $2,008,524.48. Following the transaction, the chief executive officer owned 120,931 shares in the company, valued at approximately $8,893,265.74. This represents a 18.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Theodore A. Sarandos sold 105,850 shares of the firm's stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $73.03, for a total value of $7,730,225.50. Following the completion of the sale, the chief executive officer directly owned 206,266 shares of the company's stock, valued at $15,063,605.98. This trade represents a 33.91% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 213,595 shares of company stock worth $15,812,072 in the last quarter. Company insiders own 1.24% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on NFLX shares. BMO Capital Markets restated an "outperform" rating on shares of Netflix in a report on Friday, August 14th. Sanford C. Bernstein set a $95.00 price target on Netflix and gave the stock an "outperform" rating in a report on Friday, July 17th. Raymond James Financial reissued a "market perform" rating on shares of Netflix in a research note on Thursday, May 14th. Phillip Securities upgraded Netflix from a "moderate buy" rating to a "strong-buy" rating and set a $110.00 target price on the stock in a research report on Sunday, July 19th. Finally, China Intl Cap raised Netflix to a "strong-buy" rating in a research note on Tuesday, July 21st. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $96.65.

About Netflix

Netflix, Inc NASDAQ: NFLX is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company's primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.

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