Regency Capital Management Inc. DE Makes New Investment in Netflix, Inc. $NFLX

Regency Capital Management Inc. DE purchased a new stake in Netflix, Inc. (NASDAQ:NFLX) in the 2nd quarter, HoldingsChannel reports. The fund purchased 159 shares of the Internet television network’s stock, valued at approximately $213,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Halbert Hargrove Global Advisors LLC raised 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 worth $25,000 after buying an additional 13 shares during the period. Flaharty Asset Management LLC acquired a new position in shares of Netflix during the first quarter worth approximately $37,000. Maseco LLP bought a new position in shares of Netflix in the 2nd quarter worth $39,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Netflix in the 1st quarter valued at $42,000. Finally, 1248 Management LLC bought a new stake in Netflix during the 1st quarter valued at $43,000. Institutional investors own 80.93% of the company’s stock.

Insider Buying and Selling at Netflix

In other news, insider Cletus R. Willems sold 238 shares of the firm’s stock in a transaction that occurred on Wednesday, August 6th. The shares were sold at an average price of $1,153.52, for a total transaction of $274,537.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Reed Hastings sold 42,176 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $1,171.92, for a total value of $49,426,897.92. Following the completion of the transaction, the director owned 394 shares in the company, valued at approximately $461,736.48. The trade was a 99.07% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 104,100 shares of company stock valued at $122,710,980 in the last three months. 1.37% of the stock is owned by corporate insiders.

Netflix Stock Performance

Shares of NFLX opened at $1,163.31 on Tuesday. The stock has a 50 day moving average of $1,207.13 and a 200 day moving average of $1,163.23. The company has a market capitalization of $494.33 billion, a price-to-earnings ratio of 49.57, a PEG ratio of 1.94 and a beta of 1.59. Netflix, Inc. has a 12 month low of $677.88 and a 12 month high of $1,341.15. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 0.58.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Thursday, July 17th. The Internet television network reported $7.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.07 by $0.12. Netflix had a return on equity of 42.50% and a net margin of 24.58%.The firm had revenue of $11.08 billion during the quarter, compared to the consensus estimate of $11.04 billion. During the same quarter in the prior year, the company earned $4.88 EPS. The business’s revenue for the quarter was up 15.9% on a year-over-year basis. Netflix has set its FY 2025 guidance at EPS. Q3 2025 guidance at 6.870-6.870 EPS. As a group, sell-side analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. The Goldman Sachs Group dropped their price objective on shares of Netflix from $1,310.00 to $1,300.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 30th. Phillip Securities downgraded Netflix from a “hold” rating to a “strong sell” rating in a research note on Monday, July 21st. Citigroup reissued a “neutral” rating and set a $1,295.00 price objective (up from $1,280.00) on shares of Netflix in a report on Friday. KeyCorp raised their target price on Netflix from $1,070.00 to $1,390.00 and gave the company an “overweight” rating in a report on Thursday, July 10th. Finally, Loop Capital upgraded Netflix from a “hold” rating to a “buy” rating and upped their price target for the stock from $1,150.00 to $1,350.00 in a report on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, nine have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, Netflix currently has an average rating of “Moderate Buy” and an average price target of $1,335.00.

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.