WealthShield Partners LLC Invests $4.55 Million in Netflix, Inc. $NFLX

Key Points

• WealthShield Partners purchased 63,749 Netflix shares in the second quarter, valued at approximately $4.55 million. Institutional investors collectively own 80.93% of the company.
• Netflix reported quarterly revenue of $12.56 billion, up 13.4% year over year, and earnings of $0.80 per share, slightly exceeding estimates. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $103.48.
• Insider activity was notably negative, with executives and directors selling shares; insiders sold approximately 600,295 shares worth $49.1 million over the past three months. Netflix opened at $79.59, compared with a 52-week range of $65.08 to $126.71.

WealthShield Partners LLC purchased a new stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 63,749 shares of the Internet television network's stock, valued at approximately $4,552,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Pacific Sun Financial Corp boosted its position in shares of Netflix by 1.6% in the 3rd quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network's stock worth $688,000 after purchasing an additional 9 shares in the last quarter. Beaird Harris Wealth Management LLC raised its stake in Netflix by 9.6% during the third quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network's stock valued at $137,000 after buying an additional 10 shares during the last quarter. Monograph Wealth Advisors LLC boosted its holdings in Netflix by 1.8% in the second quarter. Monograph Wealth Advisors LLC now owns 682 shares of the Internet television network's stock worth $913,000 after acquiring an additional 12 shares in the last quarter. Resources Management Corp CT ADV grew its stake in shares of Netflix by 2.0% in the second quarter. Resources Management Corp CT ADV now owns 829 shares of the Internet television network's stock worth $1,110,000 after acquiring an additional 16 shares during the last quarter. Finally, Sompo Asset Management Co. Ltd. increased its holdings in shares of Netflix by 1.4% during the second quarter. Sompo Asset Management Co. Ltd. now owns 1,500 shares of the Internet television network's stock valued at $2,009,000 after acquiring an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company's stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix continues to grow faster than many streaming rivals, and its lower valuation after the selloff could provide significant upside if revenue, advertising and engagement trends remain strong. A valuation model described the current setup as potentially asymmetric in investors’ favor. Netflix Is Down 40% From Its All-Time High Could Netflix Stock Double From Here?
• Positive Sentiment: JPMorgan analyst Doug Anmuth maintained an Overweight rating and an $85 price target, citing Netflix’s content pipeline and multiple initiatives to support engagement and revenue growth. The view suggests potential upside from current levels, although the analyst sees no single catalyst guaranteeing acceleration. Netflix Has No Single Silver Bullet
• Positive Sentiment: Netflix’s advertising-supported tier and broad content offering could make the company relatively resilient during a recession, as consumers may retain lower-cost entertainment subscriptions even amid economic pressure. Which Streaming Stock Would Hold Up Better in a Recession?
• Neutral Sentiment: Representatives for Meghan of Sussex reportedly held exploratory discussions about a possible role in a third season of The Gentlemen. Netflix has not ordered the season, so the potential casting has no immediate financial impact. Meghan of Sussex Eyes Role in Netflix Show The Gentlemen
• Negative Sentiment: With Netflix no longer emphasizing subscriber numbers, investors must rely more heavily on revenue growth, advertising performance, engagement and profitability metrics. That makes it harder to assess momentum and contributes to debate over whether the stock’s decline reflects a bargain or slowing growth. Netflix Is Down 40% From Its All-Time High
• Negative Sentiment: YouTube is reportedly offering creators substantial payments and warning that simultaneous Netflix deals could jeopardize marketing support and brand-campaign revenue. This could intensify competition for exclusive content and creator attention. YouTube Offers Creators Millions to Avoid Netflix Deals

Insider Activity

In other news, CEO Gregory K. Peters sold 27,312 shares of the firm's stock in a transaction 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 directly owned 120,931 shares in the company, valued at $8,893,265.74. This trade represents a 18.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Bradford L. Smith sold 35,990 shares of the business's stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the sale, the director owned 79,690 shares of the company's stock, valued at $6,177,568.80. This trade represents a 31.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 600,295 shares of company stock worth $49,056,671. Insiders own 1.24% of the company's stock.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $79.59 on Friday. The firm's 50-day moving average price is $74.39 and its 200-day moving average price is $84.34. Netflix, Inc. has a 52-week low of $65.08 and a 52-week high of $126.71. The company has a market cap of $331.41 billion, a PE ratio of 25.05, a PEG ratio of 1.00 and a beta of 1.52. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39.

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 for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $12.56 billion during 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 firm's quarterly revenue was up 13.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.72 earnings per share. As a group, analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Sanford C. Bernstein set a $95.00 price target on Netflix and gave the stock an "outperform" rating in a research report on Friday, July 17th. Robert W. Baird set a $90.00 price objective on shares of Netflix and gave the company an "outperform" rating in a research note on Wednesday, July 22nd. Citigroup reaffirmed a "market perform" rating on shares of Netflix in a report on Monday, August 17th. UBS Group cut their price target on shares of Netflix from $130.00 to $115.00 and set a "buy" rating on the stock in a report on Friday, July 17th. Finally, Wells Fargo & Company set a $80.00 price target on shares of Netflix and gave the company an "equal weight" rating in a research report on Friday, July 17th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Netflix presently has a consensus rating of "Moderate Buy" and a consensus price target of $103.48.

Netflix Profile

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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