Netflix, Inc. $NFLX Shares Bought by AMF Tjanstepension AB

AMF Tjanstepension AB raised its holdings in Netflix, Inc. (NASDAQ:NFLXFree Report) by 2.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 1,267,857 shares of the Internet television network’s stock after acquiring an additional 34,546 shares during the quarter. AMF Tjanstepension AB’s holdings in Netflix were worth $121,904,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. First Financial Corp IN lifted its stake in shares of Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after buying an additional 243 shares during the period. DiNuzzo Private Wealth Inc. raised its stake in Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. lifted its position in Netflix by 13,400.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 268 shares during the period. Imprint Wealth LLC purchased a new stake in Netflix during the 3rd quarter valued at about $25,000. Finally, Cornerstone Financial Management LLC acquired a new position in Netflix in the 4th quarter worth approximately $26,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

Analysts Set New Price Targets

A number of research firms have recently weighed in on NFLX. Erste Group Bank lowered shares of Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Wedbush reaffirmed an “outperform” rating and issued a $118.00 price target on shares of Netflix in a report on Thursday, April 16th. Oppenheimer set a $120.00 price target on Netflix and gave the stock an “outperform” rating in a research report on Friday, April 17th. The Goldman Sachs Group lowered Netflix from a “neutral” rating to an “underweight” rating in a research note on Thursday, June 18th. Finally, Needham & Company LLC reissued a “buy” rating on shares of Netflix in a report on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, fifteen have issued 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 a consensus target price of $113.65.

Check Out Our Latest Stock Analysis on NFLX

Insider Transactions at Netflix

In related news, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the completion of the transaction, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at $10,725,370.39. The trade was a 18.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Bradford L. Smith sold 35,990 shares of the firm’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the completion of the sale, the director directly owned 79,690 shares in the company, valued at approximately $6,177,568.80. This trade represents a 31.11% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 899,839 shares of company stock valued at $80,141,661. 1.24% of the stock is owned by corporate insiders.

Netflix Stock Performance

NASDAQ NFLX opened at $73.37 on Monday. The stock has a market cap of $308.95 billion, a PE ratio of 23.70, a P/E/G ratio of 0.93 and a beta of 1.52. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a twelve month low of $70.86 and a twelve month high of $127.75. The stock has a fifty day simple moving average of $81.78 and a 200-day simple moving average of $87.59.

Netflix (NASDAQ:NFLXGet Free Report) last announced its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the previous year, the company earned $6.61 earnings per share. The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current year.

Netflix Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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