Netflix (NASDAQ:NFLX) Shares Up 1.5% – Still a Buy?

Netflix, Inc. (NASDAQ:NFLX)’s stock price rose 1.5% during mid-day trading on Thursday . The stock traded as high as $94.82 and last traded at $94.09. Approximately 43,408,164 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 40,736,176 shares. The stock had previously closed at $92.71.

Analyst Ratings Changes

NFLX has been the topic of a number of recent research reports. The Goldman Sachs Group decreased their price objective on Netflix from $131.00 to $130.00 and set a “neutral” rating on the stock in a report on Tuesday, September 30th. Erste Group Bank lowered Netflix from a “buy” rating to a “hold” rating in a research note on Friday, October 31st. KGI Securities upgraded Netflix from a “neutral” rating to an “outperform” rating and set a $135.00 price objective for the company in a research note on Monday, November 3rd. Seaport Res Ptn raised Netflix from a “hold” rating to a “strong-buy” rating in a report on Monday, October 6th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Netflix from $127.50 to $124.00 and set a “neutral” rating on the stock in a report on Tuesday, November 18th. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Netflix presently has a consensus rating of “Moderate Buy” and a consensus price target of $130.87.

Netflix Price Performance

The stock has a fifty day moving average of $111.43 and a 200-day moving average of $118.63. The firm has a market capitalization of $398.69 billion, a P/E ratio of 39.30, a PEG ratio of 1.43 and a beta of 1.71. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.56.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, October 21st. The Internet television network reported $5.87 earnings per share for the quarter, beating the consensus estimate of $0.69 by $5.18. Netflix had a net margin of 24.05% and a return on equity of 41.86%. The firm had revenue of $11.32 billion during the quarter, compared to analysts’ expectations of $11.52 billion. During the same quarter last year, the company posted $0.54 EPS. The company’s quarterly revenue was up 17.2% compared to the same quarter last year. Netflix has set its Q4 2025 guidance at 5.450-5.450 EPS. Equities analysts predict that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Transactions at Netflix

In other Netflix news, CEO Theodore A. Sarandos sold 20,270 shares of the company’s stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $109.21, for a total transaction of $2,213,646.16. Following the transaction, the chief executive officer owned 151,680 shares of the company’s stock, valued at approximately $16,564,669.44. This represents a 11.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gregory K. Peters sold 20,270 shares of the stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $109.57, for a total value of $2,220,943.36. Following the completion of the transaction, the chief executive officer owned 127,810 shares in the company, valued at $14,003,886.08. The trade was a 13.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,619,840 shares of company stock worth $181,648,613 over the last ninety days. 1.37% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. IFP Advisors Inc grew its holdings in Netflix by 17.6% during the 3rd quarter. IFP Advisors Inc now owns 5,597 shares of the Internet television network’s stock worth $6,851,000 after acquiring an additional 837 shares during the period. Swiss Life Asset Management Ltd boosted its position in shares of Netflix by 3.6% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 133,760 shares of the Internet television network’s stock worth $160,368,000 after purchasing an additional 4,631 shares during the last quarter. Steadtrust LLC acquired a new stake in shares of Netflix during the third quarter worth $487,000. Groupama Asset Managment grew its stake in shares of Netflix by 2.5% during the third quarter. Groupama Asset Managment now owns 6,117 shares of the Internet television network’s stock worth $7,334,000 after purchasing an additional 148 shares during the period. Finally, Investment Research Partners LLC bought a new stake in Netflix in the third quarter valued at about $486,000. Institutional investors own 80.93% of the company’s stock.

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.