Netflix, Inc. $NFLX Shares Acquired by Prosperitas Financial LLC

Prosperitas Financial LLC lifted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 13.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 72,264 shares of the Internet television network’s stock after purchasing an additional 8,667 shares during the quarter. Netflix comprises approximately 1.7% of Prosperitas Financial LLC’s portfolio, making the stock its 24th biggest position. Prosperitas Financial LLC’s holdings in Netflix were worth $5,160,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of NFLX. Imprint Wealth LLC purchased a new position in Netflix during the 3rd quarter worth $25,000. Cornerstone Financial Management LLC purchased a new stake in shares of Netflix in the fourth quarter valued at about $26,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Netflix in the second quarter valued at about $26,000. Atlas Capital Advisors Inc. acquired a new position in shares of Netflix during the fourth quarter worth about $26,000. Finally, Jessup Wealth Management Inc acquired a new position in shares of Netflix during the fourth quarter worth about $27,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $82.67 on Friday. The firm has a market capitalization of $344.23 billion, a price-to-earnings ratio of 26.02, a price-to-earnings-growth ratio of 1.16 and a beta of 1.53. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. The business’s 50 day simple moving average is $75.43 and its 200-day simple moving average is $84.44. Netflix, Inc. has a 12 month low of $65.08 and a 12 month high of $126.71.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm 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 quarterly revenue was up 13.4% on a year-over-year basis. During the same period last year, the business posted $0.72 EPS. As a group, equities analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Advertising growth is becoming a key bullish catalyst. Netflix’s ad-supported business is gaining momentum through advertiser additions, programmatic buying and AI-powered tools. Continued execution could provide a new revenue and profit-growth engine and support further stock recovery. Netflix Stock Rebound Fuels Ad Growth Talk: A Sign of More Upside?
• Positive Sentiment: Recent performance has renewed investor interest. Netflix gained about 13% in August after reaching a 52-week low, while several commentary pieces describe the shares as attractively valued and identify a potentially ongoing “second monetization cycle.” Why Netflix Stock Gained 13% in August
• Positive Sentiment: Analyst sentiment remains supportive. Wall Street’s generally bullish recommendations and the view that NFLX can rebound after underperforming the S&P 500 are helping sustain the recovery narrative. Is It Worth Investing in Netflix Based on Wall Street’s Bullish Views?
• Positive Sentiment: Content and partnership reach remain strategic strengths. A GTA VI trailer generated 31.1 million Netflix views despite being available exclusively for only six hours, highlighting the platform’s distribution power. A Stella Artois tie-in for The Gentlemen also demonstrates Netflix’s expanding brand-partnership potential. A Video Game Trailer Was Netflix’s Most-Watched English Film
• Neutral Sentiment: Acquisition speculation is driving attention but not yet value. Netflix is reportedly considering several streaming targets after losing a bid for a major media company. Regulatory hurdles, controlling shareholders and high valuations make a transaction uncertain. Netflix’s Acquisition Wishlist
• Negative Sentiment: Investors remain concerned about growth and competition. Netflix’s roughly 325 million subscribers provide scale, but slowing growth and pressure from short-form video platforms could limit upside. The stock’s underperformance versus the broader market is also keeping sentiment cautious. Netflix: A Streaming Giant at a Rare Discount?

Insider Buying and Selling

In other news, CEO Gregory Peters sold 27,312 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $73.54, for a total value of $2,008,524.48. Following the completion of the transaction, the chief executive officer owned 120,931 shares in the company, valued at $8,893,265.74. This trade represents a 18.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Spencer Neumann sold 9,248 shares of Netflix stock in a transaction on Monday, August 10th. The stock was sold at an average price of $75.79, for a total value of $700,905.92. Following the transaction, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $5,592,316.73. This trade represents a 11.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 213,595 shares of company stock valued at $15,812,072 in the last three months. 1.24% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on NFLX shares. The Goldman Sachs Group downgraded shares of Netflix from an “underweight” rating to a “sell” rating in a research report on Monday, July 20th. Pivotal Research dropped their target price on Netflix from $96.00 to $70.00 and set a “hold” rating on the stock in a research report on Friday, July 17th. China Intl Cap raised Netflix to a “strong-buy” rating in a research note on Tuesday, July 21st. Phillip Securities raised Netflix from a “moderate buy” rating to a “strong-buy” rating and set a $110.00 price target for the company in a report on Sunday, July 19th. Finally, KeyCorp restated an “overweight” rating and issued a $92.00 price target (down from $115.00) on shares of Netflix in a research note on Monday, July 13th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $96.65.

About Netflix

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.