Netflix Inc (NASDAQ: NFLX) is 11.62% higher on its value in year-to-date trading and has touched a low of $542.01 and a high of $999.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The NFLX stock was last observed hovering at around $978.94 in the last trading session, with the day’s gains setting it 15.93%.
Currently trading at $994.87, the stock is 8.59% and 9.44% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.99 million and changing 1.63% at the moment leaves the stock 35.50% off its SMA200. NFLX registered 75.30% gain for a year compared to 6-month gain of 62.13%. The firm has a 50-day simple moving average (SMA 50) of $906.5608 and a 200-day simple moving average (SMA200) of $732.33826.
The stock witnessed a 12.20% loss in the last 1 month and extending the period to 3 months gives it a 31.59%, and is 2.37% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.33% over the week and 2.74% over the month.
Netflix Inc (NFLX) has around 14000 employees, a market worth around $425.56B and $38.88B in sales. Current P/E ratio is 50.17 and Fwd P/E is 32.82. Profit margin for the company is 22.41%. Distance from 52-week low is 83.55% and -0.41% from its 52-week high. The company has generated returns on investments over the last 12 months (21.50%).
with sales reaching $10.5B over the same period.The EPS is expected to grow by 24.90% this year, but quarterly earnings will post 13.50% year-over-year. Quarterly sales are estimated to grow 12.03% in year-over-year returns.
Netflix Inc (NFLX) Top Institutional Holders
3598.0 institutions hold shares in Netflix Inc (NFLX), with institutional investors hold 87.04% of the company’s shares. The shares outstanding are 427.76M, and float is at 424.93M with Short Float at 1.50%. Institutions hold 86.40% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 37.01 million shares valued at $24.98 billion. The investor’s holdings represent 8.565% of the NFLX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 31.6 million shares valued at $21.33 billion to account for 7.3142 of the shares outstanding. The other top investors are FMR LLC which holds 21.23 million shares representing 4.9137% and valued at over $14.33 billion, while STATE STREET CORP holds 3.8243 of the shares totaling 16.52 million with a market value of $11.15 billion.
Netflix Inc (NFLX) Insider Activity
The most recent transaction is an insider sale by MATHER ANN, the company’s Director. SEC filings show that MATHER ANN sold 2,682 shares of the company’s common stock on Feb 03 ’25 at a price of $973.00 per share for a total of $2.61 million. Following the sale, the insider now owns 0.0 shares.
Netflix Inc disclosed in a document filed with the SEC on Feb 03 ’25 that HASTINGS REED (Executive Chairman) sold a total of 32,067 shares of the company’s common stock. The trade occurred on Feb 03 ’25 and was made at $978.39 per share for $31.37 million. Following the transaction, the insider now directly holds 349.0 shares of the NFLX stock.
Still, SEC filings show that on Feb 04 ’25, Peters Gregory K (Officer) Proposed Sale 7,948 shares at an average price of $1002.65 for $7.97 million. The insider now directly holds shares of Netflix Inc (NFLX).
