Netflix (NASDAQ:NFLX) Downgraded to "Hold" Rating by Seaport Res Ptn

Netflix (NASDAQ:NFLX - Get Free Report) was downgraded by stock analysts at Seaport Res Ptn from a "strong-buy" rating to a "hold" rating in a report released on Sunday,Zacks.com reports. Seaport Res Ptn also issued estimates for Netflix's Q3 2025 earnings at $6.60 EPS and FY2025 earnings at $25.41 EPS.

Other equities research analysts have also issued reports about the stock. UBS Group boosted their price objective on shares of Netflix from $1,150.00 to $1,450.00 and gave the stock a "buy" rating in a report on Wednesday, June 4th. FBN Securities assumed coverage on shares of Netflix in a research report on Thursday, March 27th. They issued an "outperform" rating and a $1,165.00 target price on the stock. Evercore ISI reissued an "outperform" rating on shares of Netflix in a research report on Thursday, May 15th. Benchmark reissued a "hold" rating on shares of Netflix in a research report on Monday, April 21st. Finally, Loop Capital reaffirmed a "hold" rating on shares of Netflix in a report on Monday, March 24th. Twelve investment analysts have rated the stock with a hold rating, twenty-five have issued a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Netflix currently has an average rating of "Moderate Buy" and a consensus target price of $1,182.58.

Netflix Trading Down 1.1%

NFLX traded down $14.31 during trading on Friday, reaching $1,275.31. 3,281,114 shares of the company's stock were exchanged, compared to its average volume of 3,758,230. The firm has a fifty day moving average price of $1,211.46 and a two-hundred day moving average price of $1,041.22. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.58. Netflix has a one year low of $587.04 and a one year high of $1,341.15. The stock has a market capitalization of $542.73 billion, a PE ratio of 60.27, a price-to-earnings-growth ratio of 2.35 and a beta of 1.59.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results on Thursday, April 17th. The Internet television network reported $6.61 EPS for the quarter, beating the consensus estimate of $5.74 by $0.87. Netflix had a net margin of 23.07% and a return on equity of 39.61%. The company had revenue of $10.54 billion during the quarter, compared to the consensus estimate of $10.51 billion. During the same quarter in the prior year, the company posted $8.28 earnings per share. As a group, equities research analysts forecast that Netflix will post 24.58 earnings per share for the current fiscal year.

Insider Activity

In other Netflix news, Director Ann Mather sold 1,090 shares of the company's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $1,250.00, for a total value of $1,362,500.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Reed Hastings sold 9,673 shares of the company's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $1,329.11, for a total value of $12,856,481.03. Following the completion of the transaction, the director owned 394 shares in the company, valued at approximately $523,669.34. The trade was a 96.09% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 186,723 shares of company stock valued at $223,307,201. 1.37% of the stock is currently owned by insiders.

Institutional Trading of Netflix

Institutional investors and hedge funds have recently bought and sold shares of the company. Halbert Hargrove Global Advisors LLC raised its position in Netflix by 100.0% in the 1st quarter. Halbert Hargrove Global Advisors LLC now owns 26 shares of the Internet television network's stock worth $25,000 after purchasing an additional 13 shares during the period. Brown Shipley& Co Ltd purchased a new stake in shares of Netflix during the fourth quarter valued at approximately $27,000. Transce3nd LLC purchased a new stake in shares of Netflix during the fourth quarter valued at approximately $32,000. Copia Wealth Management bought a new position in Netflix in the 4th quarter worth $37,000. Finally, Flaharty Asset Management LLC bought a new stake in Netflix during the first quarter valued at about $37,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Company 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.