14,705 Netflix, Inc. $NFLX Shares Purchased by Act Two Investors LLC

Act Two Investors LLC lifted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 18.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 92,612 shares of the Internet television network’s stock after purchasing an additional 14,705 shares during the quarter. Netflix accounts for about 1.2% of Act Two Investors LLC’s investment portfolio, making the stock its 19th biggest holding. Act Two Investors LLC’s holdings in Netflix were worth $6,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of the company. Nykredit A S acquired a new stake in shares of Netflix in the second quarter valued at approximately $105,697,000. Rockland Trust Co. lifted its position in shares of Netflix by 27.5% in the third quarter. Rockland Trust Co. now owns 219,221 shares of the Internet television network’s stock worth $15,253,000 after purchasing an additional 47,339 shares in the last quarter. Boomfish Wealth Group LLC lifted its position in shares of Netflix by 91.5% in the third quarter. Boomfish Wealth Group LLC now owns 34,547 shares of the Internet television network’s stock worth $2,404,000 after purchasing an additional 16,510 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Netflix during the second quarter worth $37,743,000. Finally, Sarasin & Partners LLP boosted its holdings in Netflix by 10.5% during the second quarter. Sarasin & Partners LLP now owns 2,736,198 shares of the Internet television network’s stock worth $195,365,000 after purchasing an additional 259,794 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on NFLX. President Capital decreased their target price on shares of Netflix from $134.00 to $83.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Needham & Company LLC cut shares of Netflix from a “buy” rating to a “hold” rating in a research report on Wednesday, October 21st. The Goldman Sachs Group set a $84.00 price objective on shares of Netflix in a research note on Wednesday, October 21st. Rosenblatt Securities set a $71.00 price objective on Netflix and gave the company a “neutral” rating in a report on Wednesday, October 21st. Finally, Oppenheimer restated an “outperform” rating and issued a $80.00 price objective (down from $85.00) on shares of Netflix in a report on Wednesday, October 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $89.14.

Netflix News Roundup

These are some of the NFLX news items that stood out recently:

• Positive Sentiment: Billionaire investor Bill Ackman reiterated his bullish view and called Netflix undervalued, offering a high-profile vote of confidence. Billionaire investor Bill Ackman on why he’s staying bullish on Netflix
• Negative Sentiment: Recent reports cite slowing engagement, YouTube competition, a costly content strategy, a scrapped Warner Bros. deal, and a stalled ad push. One article says the stock has fallen 53% from its June 2025 peak, reflecting damaged investor confidence. Netflix Wipes Out Five Years of Gains
• Negative Sentiment: Rising content spending is testing Netflix’s free-cash-flow outlook, even though the company is generating cash and has a busy holiday slate. Will Content Capex Weigh on Netflix’s Free Cash Flow Trajectory?

Insider Buying and Selling at Netflix

In related news, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $66.20, for a total value of $1,808,054.40. Following the sale, the chief executive officer owned 178,954 shares in the company, valued at approximately $11,846,754.80. This represents a 13.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Neumann sold 9,253 shares of the firm’s stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $66.15, for a total value of $612,085.95. Following the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $4,881,010.05. This represents a 11.14% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 89,024 shares of company stock worth $5,788,733 in the last three months. 1.24% of the stock is owned by insiders.

Netflix Stock Performance

Netflix stock traded down $0.54 during midday trading on Friday, reaching $62.15. 36,558,372 shares of the company’s stock were exchanged, compared to its average volume of 46,146,632. The stock’s 50-day simple moving average is $69.18 and its 200 day simple moving average is $80.42. The firm has a market cap of $255.21 billion, a price-to-earnings ratio of 17.96, a P/E/G ratio of 0.92 and a beta of 1.62. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.07 and a current ratio of 1.07. Netflix, Inc. has a 52 week low of $61.39 and a 52 week high of $115.25.

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

Netflix Profile

Netflix, Inc. is an entertainment company that offers subscription-based streaming of television series, films, documentaries and other programming. Its service also includes mobile games and, in some markets, advertising-supported viewing plans. Netflix produces and licenses content, including titles made under its Netflix brand. Founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental business, the company launched its streaming service in 2007 and later expanded into original programming.