Netflix, Inc. $NFLX Stock Sold by Investment House LLC

Investment House LLC lessened its position in Netflix, Inc. (NASDAQ:NFLX) by 95.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,900 shares of the Internet television network’s stock after selling 56,528 shares during the quarter. Investment House LLC’s holdings in Netflix were worth $202,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NFLX. BlackRock Inc. acquired a new stake in shares of Netflix during the second quarter worth about $24,902,221,000. State Street Corp boosted its stake in shares of Netflix by 4.9% in 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 during the period. Bank of America Corp DE boosted its stake in shares of Netflix by 4.3% in 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 during the period. Bank of New York Mellon Corp acquired a new position in shares of Netflix in the second quarter valued at approximately $1,906,482,000. Finally, Legal & General Group Plc acquired a new position in shares of Netflix in the second quarter valued at approximately $1,886,526,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Stock Performance

Shares of NFLX opened at $65.85 on Friday. The stock has a 50-day simple moving average of $74.27 and a 200-day simple moving average of $79.64. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.14 and a current ratio of 1.07. The stock has a market capitalization of $270.40 billion, a PE ratio of 19.03, a PEG ratio of 0.98 and a beta of 1.62. Netflix, Inc. has a 1 year low of $64.10 and a 1 year high of $116.73.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.05. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The business had revenue of $12.87 billion during the quarter, compared to the consensus estimate of $12.87 billion. During the same period in the previous year, the company posted $0.59 earnings per share. The business’s revenue for the quarter was up 11.9% on a year-over-year basis. On average, analysts predict that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported third-quarter EPS of $0.87, ahead of the $0.82 consensus estimate, while revenue reached $12.87 billion. Operating margin rose to 34.6%, supporting the argument that the core streaming business remains highly profitable. Can Netflix Stock Hold Margin Gains as Content Spending Keeps Growing?
• Positive Sentiment: Longer-term bulls argue that Netflix’s profitability, systematic share repurchases, local-language content, and continued subscriber retention could create meaningful upside after the sell-off. Bill Ackman has also returned to the stock and expects annualized returns above 20%. Bill Ackman Lost $400 Million on Netflix
• Positive Sentiment: Ark Invest’s Cathie Wood bought 18,000 Netflix shares, signaling that some growth-oriented investors view the two-year-low valuation as an opportunity. Cathie Wood Just Bought Netflix Stock
• Neutral Sentiment: Netflix is reportedly planning layoffs at its Bay Area headquarters. The cuts could reduce costs, but they also raise questions about operating priorities and employee productivity. Netflix Stock Slips as Layoffs Hit Bay Area Headquarters
• Neutral Sentiment: Paramount Skydance’s completed merger highlights intensifying competition for scale and content across the entertainment industry, potentially increasing pressure on Netflix to sustain its content advantage. Could Skydance Be Bigger Than Disney?
• Negative Sentiment: Management reduced its 2026 advertising-revenue outlook to approximately $2.7 billion from about $3 billion. Softer ad growth undermines a major part of Netflix’s expansion thesis and overshadowed the earnings beat. Netflix Cut Its 2026 Ad Forecast by $300 Million
• Negative Sentiment: Disappointing fourth-quarter revenue guidance and decelerating growth have led investors to discount the strong quarterly results. Netflix’s reduced 2026 free-cash-flow outlook is another concern as content spending continues to rise. Netflix Has Lower FCF Guidance
• Negative Sentiment: Several analysts lowered their price targets or ratings after the report. One fair-value estimate fell from $92.62 to $86.24, while UBS, Guggenheim, and Needham adopted more cautious views. Netflix Stock Fair Value Falls After Cautious Q3 Analyst Revisions
• Negative Sentiment: Reports indicate viewing time is declining even though subscribers are staying, suggesting weaker engagement. YouTube and lower-cost streaming alternatives may also be contributing to slower revenue growth. Netflix Is Losing Viewers

Analysts Set New Price Targets

Several brokerages recently weighed in on NFLX. Morgan Stanley set a $77.00 target price on shares of Netflix and gave the stock an “overweight” rating in a research note on Wednesday. CLSA assumed coverage on shares of Netflix in a report on Monday, July 20th. They set an “outperform” rating on the stock. Wedbush decreased their price target on shares of Netflix from $105.00 to $90.00 and set an “outperform” rating for the company in a research report on Friday, October 16th. UBS Group set a $90.00 price target on shares of Netflix in a research note on Wednesday. Finally, Evercore restated an “outperform” rating and issued a $90.00 price target on shares of Netflix in a research note on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $89.59.

Insider Buying and Selling

In related news, CEO Theodore Sarandos sold 105,850 shares of Netflix stock in a transaction that occurred on Monday, August 3rd. The shares were 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 owned 206,266 shares in the company, valued at $15,063,605.98. The trade was a 33.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 business’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $75.79, for a total transaction of $700,905.92. Following the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at $5,592,316.73. This trade represents a 11.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 179,045 shares of company stock valued at $13,132,194 over the last ninety days. 1.24% of the stock is currently owned by corporate insiders.

Netflix Company Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.