Netflix (NASDAQ:NFLX) Given "Buy (B)" Rating at Weiss Ratings

Key Points

• Weiss Ratings has reaffirmed a "Buy (B)" rating for Netflix, alongside multiple other analysts who have also issued favorable ratings, indicating strong confidence in the stock.
• Netflix's stock is currently priced at $1,214.25, with a market cap of $515.97 billion, and it has seen a 15.9% increase in revenue year-over-year.
• Insider trading activity has been notable, with CEO Theodore Sarandos selling shares, which has sparked interest regarding potential impacts on stock performance.

Netflix (NASDAQ:NFLX - Get Free Report)'s stock had its "buy (b)" rating reissued by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Other analysts have also recently issued reports about the stock. Canaccord Genuity Group reaffirmed a "buy" rating on shares of Netflix in a report on Thursday, July 10th. Pivotal Research reissued a "buy" rating on shares of Netflix in a research note on Thursday, July 10th. Morgan Stanley reissued an "equal weight" rating on shares of Netflix in a research note on Monday, July 21st. Jefferies Financial Group reissued a "buy" rating on shares of Netflix in a research note on Thursday, September 11th. Finally, Wall Street Zen cut shares of Netflix from a "buy" rating to a "hold" rating in a research note on Saturday, October 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Netflix presently has a consensus rating of "Moderate Buy" and an average price target of $1,337.63.

Netflix Stock Up 1.9%

Shares of Netflix stock opened at $1,214.25 on Wednesday. The company has a market cap of $515.97 billion, a price-to-earnings ratio of 51.74, a price-to-earnings-growth ratio of 2.00 and a beta of 1.59. The company's 50 day moving average is $1,208.18 and its 200 day moving average is $1,163.77. Netflix has a twelve month low of $677.88 and a twelve month high of $1,341.15. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.58.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results on Thursday, July 17th. The Internet television network reported $7.19 EPS for the quarter, beating analysts' consensus estimates of $7.07 by $0.12. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The business had revenue of $11.08 billion during the quarter, compared to analysts' expectations of $11.04 billion. During the same period in the prior year, the company earned $4.88 earnings per share. The firm's revenue was up 15.9% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Research analysts anticipate that Netflix will post 24.58 EPS for the current year.

Insider Activity at Netflix

In other Netflix news, CEO Theodore A. Sarandos sold 2,026 shares of Netflix stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $1,160.62, for a total value of $2,351,416.12. Following the completion of the transaction, the chief executive officer directly owned 15,168 shares of the company's stock, valued at $17,604,284.16. This trade represents a 11.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider David A. Hyman sold 424 shares of Netflix stock in a transaction on 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 completion of the transaction, the insider directly owned 31,610 shares of the company's stock, valued at $36,625,558.70. The trade was a 1.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 104,100 shares of company stock valued at $122,710,980 in the last ninety days. Corporate insiders own 1.37% of the company's stock.

Hedge Funds Weigh In On Netflix

A number of institutional investors and hedge funds have recently made changes to their positions in NFLX. Halbert Hargrove Global Advisors LLC lifted its holdings in shares of 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 acquiring an additional 13 shares during the last quarter. Retirement Wealth Solutions LLC bought a new stake in shares of Netflix in the 3rd quarter worth about $28,000. Legacy Investment Solutions LLC bought a new stake in shares of Netflix in the 2nd quarter worth about $31,000. Steph & Co. lifted its holdings in shares of Netflix by 188.9% in the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network's stock worth $31,000 after acquiring an additional 17 shares during the last quarter. Finally, Stephens Consulting LLC lifted its holdings in shares of Netflix by 150.0% in the 2nd quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network's stock worth $33,000 after acquiring an additional 15 shares during the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

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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