Rep. John McGuire Purchases Shares of Netflix, Inc. (NASDAQ:NFLX)

Representative John McGuire (R-Virginia) recently bought shares of Netflix, Inc. NASDAQ: NFLX. In a filing disclosed on July 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Netflix stock on June 16th. The trade occurred in the Representative's "MERRILL LYNCH SEP IRA" account.

Representative John McGuire also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 6/30/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 5/16/2025.

Netflix Price Performance

NFLX stock traded down $64.93 during midday trading on Friday, hitting $1,209.24. 10,678,762 shares of the stock were exchanged, compared to its average volume of 3,762,863. Netflix, Inc. has a fifty-two week low of $587.04 and a fifty-two week high of $1,341.15. The stock has a market cap of $514.62 billion, a price-to-earnings ratio of 51.52, a PEG ratio of 2.19 and a beta of 1.59. The stock's 50-day moving average price is $1,232.59 and its 200-day moving average price is $1,061.94. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.20 and a current ratio of 1.20.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The Internet television network reported $7.19 EPS for the quarter, topping the consensus estimate of $7.07 by $0.12. The business had revenue of $11.08 billion for the quarter, compared to analysts' expectations of $11.04 billion. Netflix had a return on equity of 43.00% and a net margin of 24.58%. The company's revenue was up 15.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.88 earnings per share. Research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current year.

Insider Transactions at Netflix

In other news, Director Bradford L. Smith sold 3,919 shares of the business's stock in a transaction on Monday, May 12th. The stock was sold at an average price of $1,124.26, for a total value of $4,405,974.94. Following the sale, the director owned 7,969 shares of the company's stock, valued at approximately $8,959,227.94. The trade was a 32.97% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Spencer Adam Neumann sold 2,601 shares of the business's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $1,211.67, for a total value of $3,151,553.67. Following the completion of the sale, the chief financial officer directly owned 3,691 shares in the company, valued at $4,472,273.97. This represents a 41.34% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 186,723 shares of company stock valued at $223,307,201. 1.37% of the stock is owned by company insiders.

Institutional Trading of Netflix

Hedge funds have recently added to or reduced their stakes in the stock. CHURCHILL MANAGEMENT Corp raised its position in Netflix by 15.3% in the second quarter. CHURCHILL MANAGEMENT Corp now owns 38,067 shares of the Internet television network's stock worth $50,977,000 after acquiring an additional 5,040 shares in the last quarter. Wiser Wealth Management Inc boosted its stake in shares of Netflix by 8.6% during the second quarter. Wiser Wealth Management Inc now owns 266 shares of the Internet television network's stock valued at $356,000 after acquiring an additional 21 shares during the last quarter. EWA LLC boosted its stake in shares of Netflix by 7.2% during the second quarter. EWA LLC now owns 746 shares of the Internet television network's stock valued at $999,000 after acquiring an additional 50 shares during the last quarter. Tanager Wealth Management LLP boosted its stake in Netflix by 3.2% in the 2nd quarter. Tanager Wealth Management LLP now owns 358 shares of the Internet television network's stock worth $479,000 after buying an additional 11 shares during the last quarter. Finally, Warren Street Wealth Advisors LLC boosted its stake in Netflix by 3.4% in the 2nd quarter. Warren Street Wealth Advisors LLC now owns 855 shares of the Internet television network's stock worth $1,145,000 after buying an additional 28 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently issued reports on NFLX shares. FBN Securities assumed coverage on Netflix in a report on Thursday, March 27th. They set an "outperform" rating and a $1,165.00 price objective for the company. BMO Capital Markets reissued an "outperform" rating and set a $1,425.00 target price (up from $1,200.00) on shares of Netflix in a research report on Tuesday, July 15th. Pivotal Research reaffirmed a "buy" rating on shares of Netflix in a research report on Thursday, July 10th. Evercore ISI reaffirmed an "outperform" rating on shares of Netflix in a research report on Thursday, May 15th. Finally, Piper Sandler increased their target price on shares of Netflix from $1,400.00 to $1,500.00 and gave the company an "overweight" rating in a research note on Friday. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating, twenty-three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Netflix currently has an average rating of "Moderate Buy" and an average price target of $1,291.41.

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia's 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia's 5th Congressional District. He declared candidacy for the 2026 election. John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

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.