Netflix, Inc. $NFLX Shares Purchased by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC lifted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 16.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 75,669 shares of the Internet television network’s stock after buying an additional 10,811 shares during the period. KMG Fiduciary Partners LLC’s holdings in Netflix were worth $5,265,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Merkkuri Wealth Advisors LLC acquired a new stake in shares of Netflix in the first quarter valued at approximately $31,000. Bayban lifted its position in shares of Netflix by 400.0% in the first quarter. Bayban now owns 350 shares of the Internet television network’s stock worth $34,000 after purchasing an additional 280 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new position in Netflix during the second quarter worth $26,000. Bank of New Hampshire grew its position in Netflix by 900.0% in the fourth quarter. Bank of New Hampshire now owns 380 shares of the Internet television network’s stock valued at $36,000 after purchasing an additional 342 shares in the last quarter. Finally, Compound Global Advisors LLC bought a new position in Netflix in the second quarter valued at $29,000. 80.93% of the stock is currently owned by institutional investors.

Netflix Price Performance

Netflix stock opened at $70.46 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. Netflix, Inc. has a one year low of $65.08 and a one year high of $124.86. The firm has a market cap of $293.39 billion, a PE ratio of 22.18, a price-to-earnings-growth ratio of 1.00 and a beta of 1.62. The stock’s fifty day moving average price is $75.34 and its two-hundred day moving average price is $81.03.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%. Netflix’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.72 earnings per share. As a group, research analysts expect that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Insider Transactions at Netflix

In related news, Director Richard N. Barton sold 720 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $75.27, for a total transaction of $54,194.40. Following the sale, the director owned 2,460 shares of the company’s stock, valued at $185,164.20. This trade represents a 22.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $73.54, for a total value of $2,008,524.48. Following the sale, the chief executive officer directly owned 120,931 shares in the company, valued at $8,893,265.74. The trade was a 18.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 179,045 shares of company stock worth $13,132,194. 1.24% of the stock is owned by insiders.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix secured exclusive rights to broadcast the 2030 FIFA World Cup in Spain and Andorra. The deal could increase engagement, subscriber retention and advertising opportunities, though its financial impact was not disclosed. Netflix Stock Scores as It Lands 2030 World Cup Rights
• Positive Sentiment: KeyCorp lowered its price target to $85 from $92 but retained an Overweight rating, implying substantial upside from recent trading levels. The firm identified four potential recovery levers, including stronger execution on advertising, content and growth initiatives. KeyBanc Sees Four Ways to Recover
• Neutral Sentiment: Netflix reports third-quarter results on Oct. 20. Wall Street will be watching whether revenue growth can meet guidance of about 12%, whether advertising is scaling and whether free cash flow rebounds after declining in the prior quarter. Netflix Earnings and Free Cash Flow
• Neutral Sentiment: Some investors remain bullish because Netflix continues to post high margins, growing sales and a rising subscriber base. International regions are expanding faster than the U.S. and Canada, but the home market still contributes about 43% of second-quarter revenue and grew only 10%. Netflix Stock Prediction for 2027
• Negative Sentiment: Huber Research issued a rare double downgrade, moving Netflix from Buy to Sell and citing concerns about valuation, weaker viewership and intensifying competition from platforms such as YouTube. Netflix Double Downgraded by Huber Research
• Negative Sentiment: Additional bearish coverage points to content-quality concerns, slowing growth across regions, possible large-scale layoffs and uncertainty over Netflix’s ability to sustain its premium valuation. Erste Group also slightly reduced its 2027 EPS forecast.

Wall Street Analyst Weigh In

NFLX has been the topic of several analyst reports. Piper Sandler reissued an “overweight” rating and set a $85.00 price target (down from $115.00) on shares of Netflix in a research report on Friday, July 17th. Pivotal Research decreased their price objective on Netflix from $96.00 to $70.00 and set a “hold” rating for the company in a report on Friday, July 17th. President Capital lowered their price target on Netflix from $134.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Citigroup restated a “market perform” rating on shares of Netflix in a report on Monday, August 17th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Netflix from a “hold” rating to a “buy” rating and lowered their price objective for the stock from $100.00 to $95.00 in a research note on Tuesday, September 29th. Three research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $94.53.

Netflix Company Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.