Senator Angus S. King Jr. (I-Maine) recently bought shares of Netflix, Inc. NASDAQ: NFLX. In a filing disclosed on August 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in Netflix stock on July 21st.
Senator Angus S. King Jr. also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Kirby NYSE: KEX on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of JPMorgan Chase & Co. NYSE: JPM on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Lowe's Companies NYSE: LOW on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Exxon Mobil NYSE: XOM on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of PayPal NASDAQ: PYPL on 7/21/2025.
- Purchased $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 7/21/2025.
Netflix Trading Down 0.6%
Shares of Netflix stock opened at $1,206.21 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.34 and a quick ratio of 1.34. Netflix, Inc. has a 1 year low of $660.80 and a 1 year high of $1,341.15. The firm has a market cap of $512.55 billion, a PE ratio of 51.39, a PEG ratio of 2.04 and a beta of 1.59. The company has a 50 day simple moving average of $1,231.56 and a two-hundred day simple moving average of $1,108.85.
Netflix (NASDAQ:NFLX - Get Free Report) last announced its earnings results on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.07 by $0.12. Netflix had a net margin of 24.58% and a return on equity of 42.50%. The company had revenue of $11.08 billion during the quarter, compared to analyst estimates of $11.04 billion. During the same period in the previous year, the business earned $4.88 earnings per share. The firm's quarterly revenue was up 15.9% compared to the same quarter last year. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Netflix
A number of hedge funds have recently modified their holdings of NFLX. Halbert Hargrove Global Advisors LLC lifted its holdings 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 buying an additional 13 shares during the period. Brown Shipley& Co Ltd purchased a new position in shares of Netflix during the fourth quarter valued at approximately $27,000. Legacy Investment Solutions LLC bought a new position in shares of Netflix during the second quarter valued at approximately $31,000. Transce3nd LLC purchased a new stake in Netflix in the fourth quarter worth $32,000. Finally, Stephens Consulting LLC boosted its holdings in Netflix by 150.0% in the second quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network's stock valued at $33,000 after acquiring an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company's stock.
Insider Activity at Netflix
In related news, CEO Gregory K. Peters sold 2,026 shares of the business's stock in a transaction dated Tuesday, August 5th. The shares were sold at an average price of $1,157.44, for a total transaction of $2,344,973.44. Following the transaction, the chief executive officer owned 12,781 shares in the company, valued at $14,793,240.64. The trade was a 13.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Reed Hastings sold 26,933 shares of the stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $1,211.66, for a total transaction of $32,633,638.78. Following the completion of the transaction, the director directly owned 394 shares of the company's stock, valued at approximately $477,394.04. The trade was a 98.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 146,307 shares of company stock valued at $179,443,809 in the last 90 days. 1.37% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on NFLX shares. Barclays reiterated a "sell" rating and set a $1,100.00 price objective (up from $1,000.00) on shares of Netflix in a research report on Wednesday, July 9th. UBS Group reiterated a "market underperform" rating on shares of Netflix in a research report on Saturday, July 19th. Pivotal Research restated a "buy" rating on shares of Netflix in a report on Thursday, July 10th. Seaport Res Ptn cut shares of Netflix from a "strong-buy" rating to a "hold" rating in a research note on Sunday, July 6th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $1,500.00 target price on shares of Netflix in a report on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $1,297.66.
Check Out Our Latest Stock Analysis on NFLX
About Senator King
Angus King (independent) is a member of the U.S. Senate from Maine. He assumed office on January 3, 2013. His current term ends on January 3, 2031.
King (independent) ran for re-election to the U.S. Senate to represent Maine. He won in the general election on November 5, 2024.
About Netflix
(
Get Free Report)
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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