Netflix, Inc. $NFLX Stock: Mirador Capital Partners LP Grows Stake

Mirador Capital Partners LP lifted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 17.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 134,253 shares of the Internet television network’s stock after purchasing an additional 19,963 shares during the period. Netflix comprises 1.1% of Mirador Capital Partners LP’s holdings, making the stock its 28th biggest position. Mirador Capital Partners LP’s holdings in Netflix were worth $9,341,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. BlackRock Inc. purchased a new position in shares of Netflix in the 2nd quarter valued at $24,902,221,000. State Street Corp boosted its position in Netflix by 4.9% during the second quarter. State Street Corp now owns 180,129,582 shares of the Internet television network’s stock valued at $12,861,252,000 after purchasing an additional 8,474,820 shares in the last quarter. Bank of America Corp DE boosted its position in Netflix by 4.3% during the first quarter. Bank of America Corp DE now owns 57,942,812 shares of the Internet television network’s stock valued at $5,571,201,000 after purchasing an additional 2,376,349 shares in the last quarter. Invesco Ltd. raised its holdings in Netflix by 835.9% in the fourth quarter. Invesco Ltd. now owns 43,462,696 shares of the Internet television network’s stock worth $4,075,062,000 after purchasing an additional 38,818,947 shares in the last quarter. Finally, Nuveen LLC lifted its position in shares of Netflix by 830.1% during the fourth quarter. Nuveen LLC now owns 20,579,000 shares of the Internet television network’s stock valued at $1,929,487,000 after buying an additional 18,366,524 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Morgan Stanley maintained an “overweight” rating while trimming its price target from $83 to $80, implying meaningful upside from recent trading levels. The lower target reflects caution, but the continued bullish rating provides some support for the investment case. Morgan Stanley Netflix price target report
• Positive Sentiment: Netflix is reportedly paying $200 million for U.S. rights to the 2027 Women’s World Cup. The event could provide valuable live-programming exposure and attract new viewers, although the rights fee adds to near-term content spending. Netflix 2027 Women’s World Cup rights report
• Neutral Sentiment: Netflix’s upcoming scripted series about the FTX collapse, “The Altruists,” is scheduled for November 19. The program could generate attention and engagement, but criticism from figures connected to the crypto industry creates some reputational risk. Netflix FTX series criticism report
• Negative Sentiment: Multiple reports say Netflix plans to eliminate about 5% of its workforce—potentially roughly 800 jobs—with an announcement possibly coming next week. While the cuts could reduce operating expenses and improve margins, investors may interpret them as evidence that management is responding to weaker engagement, intensifying competition from YouTube and pressure on growth. Netflix has not confirmed the plans. Los Angeles Times Netflix layoffs report
• Negative Sentiment: A reported $2.8 billion termination fee boosted Netflix’s cash balance, but it is a one-time payment rather than recurring streaming cash flow. Investors are being cautioned not to treat the windfall as evidence of stronger underlying earnings or content-financing capacity. Netflix termination fee and cash flow report

Netflix Trading Down 1.8%

Netflix stock opened at $70.30 on Friday. The firm has a market cap of $292.72 billion, a PE ratio of 22.13, a P/E/G ratio of 1.01 and a beta of 1.62. Netflix, Inc. has a 12 month low of $65.08 and a 12 month high of $124.86. The stock’s 50 day simple moving average is $75.46 and its two-hundred day simple moving average is $81.42. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $12.56 billion during the quarter, compared to analyst estimates of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%. Netflix’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.72 EPS. Analysts anticipate that Netflix, Inc. will post 3.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on NFLX. Wedbush reduced their price objective on shares of Netflix from $118.00 to $105.00 and set an “outperform” rating for the company in a research note on Friday, July 17th. Rothschild & Co Redburn cut their price target on shares of Netflix from $120.00 to $93.00 and set a “buy” rating on the stock in a report on Tuesday, July 21st. Sanford C. Bernstein started coverage on Netflix in a report on Monday, September 28th. They set a “buy” rating for the company. Daiwa Securities Group lowered their price objective on Netflix from $102.00 to $76.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Finally, President Capital reduced their target price on Netflix from $134.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Netflix currently has an average rating of “Moderate Buy” and a consensus price target of $94.70.

Insider Buying and Selling at Netflix

In related news, CEO Theodore A. Sarandos sold 105,850 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $73.03, for a total value of $7,730,225.50. Following the completion of the transaction, the chief executive officer directly owned 206,266 shares of the company’s stock, valued at approximately $15,063,605.98. This represents a 33.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Neumann sold 9,248 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $75.79, for a total value of $700,905.92. Following the completion of the transaction, the chief financial officer owned 73,787 shares in the company, valued at $5,592,316.73. The trade was a 11.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 179,045 shares of company stock valued at $13,132,194. 1.24% of the stock is owned by insiders.

Netflix Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.