Jefferies Financial Group Reiterates “Buy” Rating for Netflix (NASDAQ:NFLX)

Netflix (NASDAQ:NFLX)‘s stock had its “buy” rating restated by analysts at Jefferies Financial Group in a note issued to investors on Wednesday,MarketScreener reports.

Several other brokerages have also recently weighed in on NFLX. Itau BBA Securities assumed coverage on shares of Netflix in a research report on Tuesday, October 7th. They issued an “outperform” rating and a $151.40 price target on the stock. Morgan Stanley set a $150.00 price objective on shares of Netflix in a research note on Monday, October 13th. Citic Securities reduced their target price on shares of Netflix from $128.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, October 29th. Zacks Research cut shares of Netflix from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 1st. Finally, DZ Bank reiterated a “buy” rating on shares of Netflix in a research report on Friday, December 5th. Two research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $129.68.

Netflix Price Performance

NASDAQ:NFLX opened at $94.00 on Wednesday. The business’s 50-day moving average is $108.53 and its 200 day moving average is $117.58. Netflix has a 12 month low of $82.11 and a 12 month high of $134.12. The company has a market capitalization of $398.31 billion, a P/E ratio of 39.26 and a beta of 1.71. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.56.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results 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 return on equity of 41.86% and a net margin of 24.05%.The business had revenue of $11.32 billion during the quarter, compared to analysts’ expectations of $11.52 billion. During the same quarter last year, the business posted $0.54 EPS. The firm’s revenue for the quarter was up 17.2% compared to the same quarter last year. Netflix has set its Q4 2025 guidance at 5.450-5.450 EPS. On average, equities research analysts forecast that Netflix will post 24.58 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Cletus R. Willems sold 2,380 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $110.03, for a total transaction of $261,878.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Theodore A. Sarandos sold 20,270 shares of the business’s stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $109.21, for a total value 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. The trade was a 11.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,619,840 shares of company stock valued at $181,648,613 over the last quarter. Corporate insiders own 1.37% of the company’s stock.

Institutional Trading of Netflix

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC lifted its holdings in Netflix by 5.0% during the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock valued at $4,804,000 after buying an additional 257 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Netflix by 16.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock worth $912,000 after acquiring an additional 144 shares during the period. Berkshire Asset Management LLC PA bought a new stake in shares of Netflix during the first quarter valued at approximately $192,000. Van Lanschot Kempen Investment Management N.V. bought a new stake in shares of Netflix during the first quarter valued at approximately $12,299,000. Finally, Tradition Wealth Management LLC boosted its holdings in shares of Netflix by 28.2% in the first quarter. Tradition Wealth Management LLC now owns 1,550 shares of the Internet television network’s stock valued at $1,445,000 after purchasing an additional 341 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

About Netflix

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.