V Square Quantitative Management LLC Sells 254 Shares of Netflix, Inc. $NFLX

Key Points

• V Square Quantitative Management LLC reduced its stake in Netflix, Inc. by 9.5%, selling 254 shares to own a total of 2,432 shares valued at approximately $3,257,000.
• The company's stock has seen significant fluctuations, with a 12-month low of $677.88 and a high of $1,341.15, while currently priced around $1,210.61.
• Analysts have a generally positive outlook on Netflix, evidenced by recent upgrades, including Loop Capital's change from "hold" to "buy" with a new price target of $1,350.

V Square Quantitative Management LLC lowered its position in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 9.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,432 shares of the Internet television network's stock after selling 254 shares during the period. V Square Quantitative Management LLC's holdings in Netflix were worth $3,257,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also added to or reduced their stakes in the company. Halbert Hargrove Global Advisors LLC raised its stake in shares of Netflix by 100.0% during the first quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network's stock valued at $25,000 after acquiring an additional 13 shares in the last quarter. Flaharty Asset Management LLC bought a new stake in shares of Netflix during the first quarter valued at approximately $37,000. Maseco LLP bought a new stake in shares of Netflix during the second quarter valued at approximately $39,000. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of Netflix during the first quarter valued at approximately $42,000. Finally, 1248 Management LLC bought a new stake in shares of Netflix during the first quarter valued at approximately $43,000. Institutional investors own 80.93% of the company's stock.

Netflix Stock Performance

Shares of NFLX opened at $1,210.61 on Monday. Netflix, Inc. has a 12 month low of $677.88 and a 12 month high of $1,341.15. The stock has a fifty day moving average price of $1,208.75 and a 200-day moving average price of $1,153.53. 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 cap of $514.42 billion, a PE ratio of 51.58, a P/E/G ratio of 2.04 and a beta of 1.60.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $11.08 billion during the quarter, compared to analyst estimates of $11.04 billion. During the same quarter in the prior year, the business posted $4.88 EPS. The business'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. Equities research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Spencer Adam Neumann sold 2,600 shares of the company's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $1,207.76, for a total value of $3,140,176.00. Following the transaction, the chief financial officer directly owned 3,691 shares of the company's stock, valued at $4,457,842.16. This represents a 41.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Cletus R. Willems sold 238 shares of the company's stock in a transaction on Wednesday, August 6th. The shares were sold at an average price of $1,153.52, for a total value of $274,537.76. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 88,728 shares of company stock worth $108,700,648. Company insiders own 1.37% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on NFLX shares. Loop Capital raised shares of Netflix from a "hold" rating to a "buy" rating and lifted their price target for the company from $1,150.00 to $1,350.00 in a research note on Wednesday, September 17th. Pivotal Research reaffirmed a "buy" rating on shares of Netflix in a research note on Thursday, July 10th. UBS Group reaffirmed a "market underperform" rating on shares of Netflix in a research note on Saturday, July 19th. KeyCorp boosted their price objective on shares of Netflix from $1,070.00 to $1,390.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Finally, Jefferies Financial Group restated a "buy" rating on shares of Netflix in a report on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $1,328.87.

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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