Netflix (NASDAQ:NFLX) Stock Acquired Rep. John McGuire

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

Shares of NASDAQ NFLX traded down $43.19 during trading hours on Tuesday, hitting $1,190.08. 5,033,206 shares of the stock were exchanged, compared to its average volume of 3,769,697. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.20 and a current ratio of 1.34. Netflix, Inc. has a 1-year low of $587.04 and a 1-year high of $1,341.15. The company has a market cap of $505.70 billion, a PE ratio of 50.71, a price-to-earnings-growth ratio of 2.08 and a beta of 1.59. The company's fifty day simple moving average is $1,232.59 and its two-hundred day simple moving average is $1,063.17.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The Internet television network reported $7.19 earnings per share 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 company had revenue of $11.08 billion for the quarter, compared to the consensus estimate of $11.04 billion. During the same quarter last year, the business posted $4.88 EPS. Netflix's revenue for the quarter was up 15.9% on a year-over-year basis. On average, sell-side analysts predict that Netflix, Inc. will post 24.58 EPS for the current year.

Insiders Place Their Bets

In other Netflix news, Director Jay C. Hoag sold 32,515 shares of Netflix stock in a transaction on Tuesday, April 29th. The shares were sold at an average price of $1,101.97, for a total value of $35,830,554.55. Following the sale, the director directly owned 79,040 shares in the company, valued at approximately $87,099,708.80. The trade was a 29.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Spencer Adam Neumann sold 2,601 shares of the stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $1,132.38, for a total transaction of $2,945,320.38. Following the transaction, the chief financial officer directly owned 3,691 shares of the company's stock, valued at $4,179,614.58. This trade represents a 41.34% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 186,563 shares of company stock worth $223,147,201 in the last 90 days. Corporate insiders own 1.37% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on NFLX shares. Rosenblatt Securities boosted their target price on Netflix from $1,514.00 to $1,515.00 and gave the company a "buy" rating in a research report on Friday. Oppenheimer lifted their target price on Netflix from $1,200.00 to $1,425.00 and gave the company an "outperform" rating in a research report on Thursday, June 12th. Pivotal Research restated a "buy" rating on shares of Netflix in a report on Thursday, July 10th. UBS Group reiterated a "market underperform" rating on shares of Netflix in a research note on Saturday. Finally, Loop Capital reissued a "hold" rating on shares of Netflix in a research report on Tuesday, July 15th. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $1,297.66.

Hedge Funds Weigh In On Netflix

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

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.