First Long Island Investors LLC Purchases 6,677 Shares of Netflix, Inc. $NFLX

First Long Island Investors LLC lifted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 69.4% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,293 shares of the Internet television network’s stock after buying an additional 6,677 shares during the quarter. First Long Island Investors LLC’s holdings in Netflix were worth $19,534,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Norges Bank acquired a new position in shares of Netflix during the 2nd quarter worth approximately $7,929,645,000. Laurel Wealth Advisors LLC boosted its stake in shares of Netflix by 128,553.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,881,129 shares of the Internet television network’s stock valued at $6,536,466,000 after buying an additional 4,877,335 shares during the period. Vanguard Group Inc. grew its position in Netflix by 1.0% during the second quarter. Vanguard Group Inc. now owns 38,379,084 shares of the Internet television network’s stock worth $51,394,583,000 after buying an additional 381,824 shares in the last quarter. State Street Corp lifted its position in shares of Netflix by 2.1% during the 2nd quarter. State Street Corp now owns 17,444,013 shares of the Internet television network’s stock valued at $23,359,801,000 after acquiring an additional 360,604 shares during the period. Finally, Schroder Investment Management Group increased its position in shares of Netflix by 19.9% in the second quarter. Schroder Investment Management Group now owns 1,631,475 shares of the Internet television network’s stock worth $2,184,757,000 after purchasing an additional 270,917 shares during the period. 80.93% of the stock is owned by institutional investors.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Management walked away from the Warner Bros. bid, framing the decision as disciplined capital allocation and a return-to-core strategy — a catalyst investors rewarded. Thank You for Walking Away, Netflix
• Positive Sentiment: The stock jump after CEO/Co‑CEO comments explaining the exit (and saying it was preplanned) reinforced the narrative that management prioritized shareholder value over a risky, expensive acquisition. Netflix’s Sarandos says Warner exit was preplanned, not political
• Positive Sentiment: Several firms initiated or raised coverage/targets and reiterated buy ratings (Arete, Evercore start of coverage, Huber Research upgrade, Jefferies buy reiteration, DZ Bank reiteration), supporting the rally and signaling buy-side confidence. Netflix (NASDAQ:NFLX) Price Target Raised to $110.00
• Neutral Sentiment: Management says it will double down on its core growth plan and is “unlikely” to pursue another large M&A soon — suggests capital will be deployed for organic growth and product/content investment instead of big acquisitions. Netflix Walks From Warner Deal To Double Down On Core Growth Plan
• Neutral Sentiment: Commentary and analysis pieces (Fool, TechCrunch, Business Insider) are parsing whether losing the bid is ultimately positive; that ongoing debate keeps volatility possible as investors price growth vs. valuation. Why did Netflix back down from its deal to acquire Warner Bros.
• Negative Sentiment: Co‑CEO Ted Sarandos warned Paramount’s acquisition could trigger up to $16 billion in industry cost cuts — a structural change that could pressure content production, licensing dynamics, or competitor behavior over time. Netflix Co-CEO Ted Sarandos Expects Paramount’s Warner Bros. Takeover To Result In Cost Cuts Worth $16 Billion: ‘I Hope I’m Wrong…’
• Negative Sentiment: Notable hedge fund selling (e.g., Ole Andreas Halvorsen liquidating positions) is a reminder that some large investors are trimming exposure despite recent strength. Billionaire Halvorsen Sold Nike, Netflix, Meta Stock

Netflix Stock Performance

Netflix stock opened at $96.24 on Monday. The business has a 50 day moving average of $85.83 and a 200-day moving average of $104.40. The company has a market capitalization of $406.34 billion, a P/E ratio of 38.08, a P/E/G ratio of 1.71 and a beta of 1.68. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19.

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

Insider Buying and Selling

In related news, CFO Spencer Adam Neumann sold 9,248 shares of the stock in a transaction on Friday, February 6th. The stock was sold at an average price of $81.27, for a total value of $751,584.96. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at $5,996,669.49. This represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Reed Hastings sold 390,970 shares of Netflix stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $83.63, for a total value of $32,696,821.10. Following the transaction, the director directly owned 3,940 shares in the company, valued at $329,502.20. The trade was a 99.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,023,693 shares of company stock valued at $89,186,891 over the last quarter. 1.37% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on NFLX. Piper Sandler restated a “positive” rating and issued a $103.00 target price (down from $140.00) on shares of Netflix in a research report on Wednesday, January 21st. Pivotal Research decreased their price target on Netflix from $105.00 to $95.00 and set a “hold” rating on the stock in a research note on Wednesday, January 21st. William Blair restated an “outperform” rating on shares of Netflix in a research report on Wednesday, January 21st. BMO Capital Markets decreased their target price on Netflix from $143.00 to $135.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 21st. Finally, Canaccord Genuity Group set a $125.00 target price on shares of Netflix and gave the stock a “buy” rating in a report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and fifteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $115.91.

Netflix Profile

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.