Netflix, Inc. $NFLX Shares Acquired by Everpar Advisors LLC

by · The Cerbat Gem

Everpar Advisors LLC increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 3.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,861 shares of the Internet television network’s stock after buying an additional 58 shares during the period. Netflix comprises approximately 1.1% of Everpar Advisors LLC’s investment portfolio, making the stock its 16th largest holding. Everpar Advisors LLC’s holdings in Netflix were worth $2,492,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in shares of Netflix by 1.4% during the first quarter. Vanguard Group Inc. now owns 37,997,260 shares of the Internet television network’s stock worth $35,433,585,000 after purchasing an additional 509,255 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Netflix by 2.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 11,732,066 shares of the Internet television network’s stock valued at $10,940,505,000 after buying an additional 304,399 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Netflix by 109,524.3% in the 1st quarter. GAMMA Investing LLC now owns 8,835,722 shares of the Internet television network’s stock worth $8,239,576,000 after buying an additional 8,827,662 shares during the last quarter. Alliancebernstein L.P. increased its stake in Netflix by 1.0% during the 1st quarter. Alliancebernstein L.P. now owns 5,194,939 shares of the Internet television network’s stock worth $4,844,436,000 after buying an additional 53,611 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Netflix by 8.3% during the first quarter. Invesco Ltd. now owns 4,664,818 shares of the Internet television network’s stock valued at $4,350,083,000 after acquiring an additional 356,617 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insiders Place Their Bets

In other Netflix news, Director Reed Hastings sold 25,959 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $1,207.71, for a total transaction of $31,350,943.89. Following the completion of the sale, the director owned 394 shares of the company’s stock, valued at $475,837.74. This trade represents a 98.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Spencer Adam Neumann sold 2,601 shares of the company’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $1,162.40, for a total value of $3,023,402.40. Following the completion of the transaction, the chief financial officer directly owned 3,691 shares in the company, valued at approximately $4,290,418.40. This trade represents a 41.34% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 89,348 shares of company stock valued at $109,498,489. 1.37% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Piper Sandler lifted their price target on Netflix from $1,400.00 to $1,500.00 and gave the stock an “overweight” rating in a research note on Friday, July 18th. Zacks Research lowered Netflix from a “strong-buy” rating to a “hold” rating in a report on Monday, September 1st. Rosenblatt Securities upped their target price on shares of Netflix from $1,514.00 to $1,515.00 and gave the stock a “buy” rating in a report on Friday, July 18th. Phillip Securities cut shares of Netflix from a “hold” rating to a “strong sell” rating in a research report on Monday, July 21st. Finally, Needham & Company LLC restated a “buy” rating and set a $1,500.00 price target on shares of Netflix in a research report on Wednesday, September 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Netflix has an average rating of “Moderate Buy” and an average price target of $1,317.58.

View Our Latest Research Report on Netflix

Netflix Price Performance

Netflix stock opened at $1,202.26 on Tuesday. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58. The company has a 50-day moving average price of $1,216.40 and a 200 day moving average price of $1,135.17. Netflix, Inc. has a 12-month low of $677.88 and a 12-month high of $1,341.15. The stock has a market cap of $510.88 billion, a P/E ratio of 51.23, a PEG ratio of 2.00 and a beta of 1.60.

Netflix (NASDAQ:NFLX – Get Free Report) last posted its earnings results 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. The company had revenue of $11.08 billion for the quarter, compared to analyst estimates of $11.04 billion. Netflix had a net margin of 24.58% and a return on equity of 42.50%. Netflix’s revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the business posted $4.88 EPS. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. Sell-side analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

Netflix Profile

(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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