Douglass Winthrop Advisors LLC Reduces Stock Holdings in Netflix, Inc. $NFLX

Douglass Winthrop Advisors LLC lowered its holdings in Netflix, Inc. (NASDAQ:NFLX) by 33.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 125,187 shares of the Internet television network’s stock after selling 62,371 shares during the quarter. Netflix accounts for 2.6% of Douglass Winthrop Advisors LLC’s holdings, making the stock its 11th biggest position. Douglass Winthrop Advisors LLC’s holdings in Netflix were worth $150,089,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Retirement Wealth Solutions LLC purchased a new stake in Netflix in the third quarter valued at $28,000. Steph & Co. raised its stake in shares of Netflix by 188.9% during the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock valued at $31,000 after buying an additional 17 shares during the last quarter. Bare Financial Services Inc lifted its holdings in shares of Netflix by 93.3% in the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after buying an additional 14 shares during the period. Horizon Financial Services LLC boosted its stake in shares of Netflix by 480.0% in the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after buying an additional 24 shares during the last quarter. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Netflix in the third quarter worth about $36,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Stock Performance

Shares of NFLX stock opened at $94.88 on Thursday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12. The business’s 50 day moving average is $86.47 and its two-hundred day moving average is $103.04. The company has a market capitalization of $400.60 billion, a P/E ratio of 37.55, a P/E/G ratio of 1.49 and a beta of 1.68.

Netflix (NASDAQ:NFLX) last announced its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the prior year, the company posted $0.43 EPS. The business’s quarterly revenue was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Analysts expect that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Reed Hastings sold 410,550 shares of Netflix stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $97.01, for a total value of $39,827,455.50. Following the sale, the director owned 3,940 shares in the company, valued at $382,219.40. This trade represents a 99.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Cletus R. Willems sold 3,136 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total transaction of $259,253.12. The SEC filing for this sale provides additional information. Insiders have sold 1,520,133 shares of company stock worth $137,259,786 in the last 90 days. 1.37% of the stock is owned by insiders.

Wall Street Analyst Weigh In

NFLX has been the subject of several recent research reports. Benchmark reiterated a “hold” rating on shares of Netflix in a research report on Tuesday, January 13th. TD Cowen lowered their price objective on Netflix from $115.00 to $112.00 and set a “buy” rating on the stock in a research report on Wednesday, January 21st. Wolfe Research upped their price objective on Netflix from $95.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Arete Research raised shares of Netflix from a “neutral” rating to a “buy” rating in a report on Friday, February 27th. Finally, Royal Bank Of Canada reiterated a “hold” rating on shares of Netflix in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fourteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $114.67.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix confirmed the acquisition of InterPositive, an AI post‑production startup co‑founded by Ben Affleck; reporting suggests the deal could be as large as $600M with earnouts tied to performance — a move that accelerates Netflix’s in‑house use of AI for editing and creative workflows. Netflix may have paid $600 million for Ben Affleck’s AI startup
• Positive Sentiment: Netflix is pushing further into gaming and live streaming — hiring Magali Huot to lead games marketing and signing a multi‑year partnership with Ateme for TITAN Live streaming infrastructure — signaling new monetization and engagement vectors beyond SVOD. Netflix Expands Games And Live Streaming As Valuation Signals Mixed Picture
• Neutral Sentiment: Wells Fargo started coverage on Netflix (details not heavy in headline list) — new coverage can add liquidity and influence near‑term analyst dialogue, but impact depends on the stance and estimates in the report. Wells Fargo & Company Begins Coverage on Netflix
• Negative Sentiment: Rivals and other media groups are signing AI deals (e.g., a reported Canal+/Google tie‑up), intensifying competition in AI content tools and recommendation systems — this reduces Netflix’s moat on AI advantages and may pressure margins if others secure better third‑party partnerships. Netflix Rival Strikes Deal With Google in Battle for AI Content
• Negative Sentiment: BofA cut its Netflix price target to $125 from $149, signaling analyst caution on valuation and growth assumptions; downward PT revisions tend to pressure sentiment and can prompt further analyst/quant selling. BofA Cuts PT on Netflix to $125
• Negative Sentiment: Coverage summarizing recent moves notes the stock dipped more than the market in recent sessions, reflecting investor caution after the failed Warner Bros. Discovery bid and mixed near‑term catalysts. Why Netflix Dipped More Than Broader Market

About Netflix

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.