Shaker Investments LLC OH Has $4.77 Million Stock Position in Netflix, Inc. $NFLX

Key Points

• Shaker Investments LLC significantly increased its stake in Netflix, Inc. by 79.4%, now holding 3,562 shares valued at approximately $4.77 million.
• Netflix reported earnings of $5.87 per share for the last quarter, missing estimates and reflecting a year-over-year revenue increase of 17.2% to $11.51 billion.
• The stock is currently priced at $1,094.69, down 1.7%, with a market capitalization of $463.85 billion and a consensus rating of "Moderate Buy" from analysts.

Shaker Investments LLC OH increased its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 79.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,562 shares of the Internet television network's stock after purchasing an additional 1,577 shares during the period. Netflix accounts for 2.0% of Shaker Investments LLC OH's portfolio, making the stock its 9th largest holding. Shaker Investments LLC OH's holdings in Netflix were worth $4,770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Stephens Consulting LLC raised its position in shares of Netflix by 150.0% during the 2nd quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network's stock valued at $33,000 after acquiring an additional 15 shares during the last quarter. Maseco LLP bought a new stake in shares of Netflix during the 2nd quarter valued at $39,000. LGT Financial Advisors LLC bought a new stake in shares of Netflix during the 2nd quarter valued at $40,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of Netflix during the 2nd quarter valued at $44,000. Finally, Ransom Advisory Ltd bought a new stake in shares of Netflix during the 2nd quarter valued at $47,000. Institutional investors own 80.93% of the company's stock.

Netflix Stock Down 1.7%

NASDAQ NFLX traded down $18.90 on Friday, reaching $1,094.69. The company had a trading volume of 6,005,713 shares, compared to its average volume of 4,087,288. The firm has a market capitalization of $463.85 billion, a price-to-earnings ratio of 45.73, a price-to-earnings-growth ratio of 1.92 and a beta of 1.59. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.34 and a current ratio of 1.33. Netflix, Inc. has a 1-year low of $747.77 and a 1-year high of $1,341.15. The company's fifty day moving average is $1,207.21 and its 200-day moving average is $1,185.28.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share for the quarter, missing analysts' consensus estimates of $6.88 by ($1.01). Netflix had a return on equity of 41.86% and a net margin of 24.05%.The company had revenue of $11.51 billion during the quarter, compared to analyst estimates of $11.52 billion. During the same period in the previous year, the company posted $5.40 earnings per share. Netflix's revenue for the quarter was up 17.2% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q4 2025 guidance at 5.450-5.450 EPS. On average, research analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Guggenheim reissued a "buy" rating and issued a $1,450.00 price target on shares of Netflix in a report on Wednesday. The Goldman Sachs Group decreased their price target on shares of Netflix from $1,310.00 to $1,300.00 and set a "neutral" rating for the company in a report on Tuesday, September 30th. Canaccord Genuity Group reissued a "buy" rating and issued a $1,525.00 price target on shares of Netflix in a report on Wednesday. Wall Street Zen lowered shares of Netflix from a "buy" rating to a "hold" rating in a report on Saturday, October 4th. Finally, Benchmark reissued a "hold" rating on shares of Netflix in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, Netflix has a consensus rating of "Moderate Buy" and an average price target of $1,352.78.

Insider Activity at Netflix

In other news, CEO Gregory K. Peters sold 2,026 shares of the stock in a transaction dated Tuesday, August 5th. The shares were 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 directly owned 12,781 shares in the company, valued at $14,793,240.64. This represents a 13.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider David A. Hyman sold 424 shares of the stock in a transaction dated Tuesday, August 5th. The stock was sold at an average price of $1,158.67, for a total transaction of $491,276.08. Following the transaction, the insider owned 31,610 shares of the company's stock, valued at approximately $36,625,558.70. This represents a 1.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 104,100 shares of company stock worth $122,710,980. Corporate insiders own 1.37% of the company's stock.

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.

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