Netflix, Inc. $NFLX Shares Bought by Hamilton Wealth LLC

Hamilton Wealth LLC grew its position in Netflix, Inc. (NASDAQ:NFLX) by 201.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 155,691 shares of the Internet television network’s stock after purchasing an additional 104,054 shares during the period. Netflix makes up 1.1% of Hamilton Wealth LLC’s holdings, making the stock its 27th biggest position. Hamilton Wealth LLC’s holdings in Netflix were worth $14,970,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pacific Sun Financial Corp increased its holdings in Netflix by 1.6% during the 3rd quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock valued at $688,000 after acquiring an additional 9 shares in the last quarter. Beaird Harris Wealth Management LLC lifted its holdings in shares of Netflix by 9.6% in the third quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network’s stock valued at $137,000 after purchasing an additional 10 shares in the last quarter. Monograph Wealth Advisors LLC lifted its holdings in shares of Netflix by 1.8% in the second quarter. Monograph Wealth Advisors LLC now owns 682 shares of the Internet television network’s stock valued at $913,000 after purchasing an additional 12 shares in the last quarter. Resources Management Corp CT ADV lifted its holdings in shares of Netflix by 2.0% in the second quarter. Resources Management Corp CT ADV now owns 829 shares of the Internet television network’s stock valued at $1,110,000 after purchasing an additional 16 shares in the last quarter. Finally, Sompo Asset Management Co. Ltd. grew its position in shares of Netflix by 1.4% in the second quarter. Sompo Asset Management Co. Ltd. now owns 1,500 shares of the Internet television network’s stock valued at $2,009,000 after purchasing an additional 20 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Activity at Netflix

In other news, Director Reed Hastings sold 407,550 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $93.13, for a total transaction of $37,955,131.50. Following the sale, the director owned 3,940 shares in the company, valued at $366,932.20. This trade represents a 99.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Theodore A. Sarandos sold 27,312 shares of Netflix stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the sale, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at approximately $25,054,207.88. This represents a 8.75% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 899,839 shares of company stock worth $80,141,661. Company insiders own 1.24% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is reportedly paying approximately $200 million for U.S. and Canadian broadcast rights to the 2027 FIFA Women’s World Cup. The deal could expand its live-programming offering, attract new viewers and support advertising growth. Netflix to pay $200M for US Women’s World Cup broadcast rights
• Positive Sentiment: Analysts and commentators continue to point to Netflix’s selective live-content strategy, growing ad business, strong cash generation and share repurchases as potential long-term earnings drivers. One market commentator also named NFLX as a preferred trade. Netflix’s Live Content Push
• Positive Sentiment: Netflix overtook the BBC as the top viewing choice among U.K. audiences in an Ofcom report, supporting the company’s international reach and engagement. Netflix overtakes BBC in U.K. viewing
• Positive Sentiment: Canada appears poised to eliminate a levy on streaming companies, which could reduce Netflix’s regulatory and content-related costs in that market. Netflix tax to be cut in Canada
• Neutral Sentiment: LVMH CEO Bernard Arnault disclosed that he once owned nearly 20% of Netflix but sold too early. The anecdote may draw attention to Netflix’s historical returns, but it has no direct effect on the company’s current fundamentals. Bernard Arnault’s former Netflix stake
• Negative Sentiment: Netflix’s latest quarterly revenue slightly missed Wall Street expectations, while disappointing third-quarter guidance reinforced concerns that the company’s rapid growth phase is slowing. Netflix’s growth outlook
• Negative Sentiment: Erste Group lowered its 2027 EPS estimate and maintained a “Hold” rating. Other coverage argues Roku currently offers a stronger risk-reward profile because of its lower valuation and raised guidance. NFLX versus Roku
• Negative Sentiment: Questions about declining season-two viewership, including for “Ransom Canyon,” raise concerns about content durability and Netflix’s ability to sustain engagement without continuously increasing spending. Ransom Canyon viewership concerns

Netflix Stock Performance

Shares of NFLX opened at $73.63 on Thursday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market capitalization of $306.59 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 0.91 and a beta of 1.52. The company’s 50 day simple moving average is $77.32 and its 200 day simple moving average is $85.62. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $126.71.

Netflix (NASDAQ:NFLX) last announced its earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The firm had revenue of $12.56 billion for the quarter, compared to analyst estimates of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. Netflix’s revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.72 earnings per share. On average, sell-side analysts predict that Netflix, Inc. will post 3.59 EPS for the current year.

Analysts Set New Price Targets

NFLX has been the subject of a number of recent research reports. Citizens Jmp reissued a “market perform” rating on shares of Netflix in a research note on Wednesday, April 15th. Weiss Ratings lowered Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 26th. HSBC raised their price target on Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Citigroup cut Netflix from a “buy” rating to a “positive” rating in a report on Monday, July 20th. Finally, Citic Securities upped their price objective on Netflix from $95.00 to $107.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Four analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and a consensus price target of $103.48.

Netflix Profile

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.