Netflix (NASDAQ:NFLX) Given “Buy” Rating at DZ Bank

DZ Bank reissued their buy rating on shares of Netflix (NASDAQ:NFLX) in a research note published on Wednesday morning,MarketScreener Latest Ratings reports.

Several other brokerages also recently commented on NFLX. Huber Research downgraded Netflix to a “buy” rating in a report on Friday, December 5th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Netflix in a research report on Monday. Wall Street Zen cut Netflix from a “buy” rating to a “hold” rating in a report on Saturday, October 4th. Morgan Stanley set a $150.00 price target on Netflix in a report on Monday, October 13th. Finally, Seaport Res Ptn upgraded shares of Netflix from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 6th. Two research 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $130.51.

Netflix Stock Up 0.2%

NFLX opened at $94.79 on Wednesday. The firm has a market cap of $401.66 billion, a price-to-earnings ratio of 39.59 and a beta of 1.71. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.33 and a current ratio of 1.33. The firm’s 50-day simple moving average is $109.11 and its 200-day simple moving average is $117.76. Netflix has a twelve month low of $82.11 and a twelve month high of $134.12.

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

Insider Activity at Netflix

In related news, Director Reed Hastings sold 421,760 shares of the stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $117.19, for a total value of $49,426,897.92. Following the transaction, the director directly owned 3,940 shares in the company, valued at $461,736.48. This represents a 99.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider David A. Hyman sold 314,620 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $109.98, for a total transaction of $34,603,166.08. Following the completion of the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $34,765,942.40. The trade was a 49.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,619,840 shares of company stock worth $181,648,613. Insiders own 1.37% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NFLX. BG Investment Services Inc. acquired a new position in Netflix during the second quarter valued at approximately $338,000. MRA Advisory Group boosted its position in shares of Netflix by 28.4% during the second quarter. MRA Advisory Group now owns 919 shares of the Internet television network’s stock worth $1,231,000 after purchasing an additional 203 shares in the last quarter. Sava Infond d.o.o. boosted its position in shares of Netflix by 25.1% during the second quarter. Sava Infond d.o.o. now owns 1,495 shares of the Internet television network’s stock worth $2,002,000 after purchasing an additional 300 shares in the last quarter. McGlone Suttner Wealth Management Inc. grew its holdings in shares of Netflix by 1.4% in the 2nd quarter. McGlone Suttner Wealth Management Inc. now owns 989 shares of the Internet television network’s stock valued at $1,324,000 after buying an additional 14 shares during the period. Finally, Boomfish Wealth Group LLC bought a new stake in shares of Netflix in the 2nd quarter valued at $398,000. Institutional investors and hedge funds 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.