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VELA Investment Management increases Netflix stake as EPS beats estimates

Netflix logoNetflix
Sig2.22Sen-0.32Env0.00Soc0.00Gov0.00

VELA Investment Management LLC increased its Netflix holdings to 19,543 shares after buying more during the quarter, valuing the stake at $1.395M. Netflix reported quarterly EPS of $0.80, edging past the $0.79 consensus. Analysts adjusted price targets downward in recent notes, while VELA’s stake rose 240.2% and another large holder expanded shares.

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