Netflix, Inc. $NFLX Stock Holdings Increased by LGT Fund Management Co Ltd.

LGT Fund Management Co Ltd. grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 210.2% during the first quarter, Holdings Channel.com reports. The firm owned 170,623 shares of the Internet television network’s stock after buying an additional 115,623 shares during the quarter. Netflix accounts for approximately 0.7% of LGT Fund Management Co Ltd.’s portfolio, making the stock its 25th biggest position. LGT Fund Management Co Ltd.’s holdings in Netflix were worth $16,405,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Brass Tax Wealth Management Inc. lifted its stake in shares of Netflix by 3.2% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock worth $345,000 after acquiring an additional 9 shares during the period. Pacific Sun Financial Corp raised its holdings in Netflix by 1.6% during the third quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock worth $688,000 after purchasing an additional 9 shares in the last quarter. Beaird Harris Wealth Management LLC lifted its position in Netflix by 9.6% in the third quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network’s stock worth $137,000 after purchasing an additional 10 shares during the period. Wayfinding Financial LLC boosted its stake in Netflix by 1.6% during the 3rd quarter. Wayfinding Financial LLC now owns 754 shares of the Internet television network’s stock valued at $903,000 after purchasing an additional 12 shares in the last quarter. Finally, Monograph Wealth Advisors LLC increased its position in shares of Netflix by 1.8% during the 2nd quarter. Monograph Wealth Advisors LLC now owns 682 shares of the Internet television network’s stock valued at $913,000 after purchasing an additional 12 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some investors see Netflix’s valuation and long-term operating momentum as attractive ahead of earnings, with articles arguing the stock may be a buy before the July 16 report as the company still has strong financial execution. Here Is the Main Reason to Buy Netflix Before July 16
• Positive Sentiment: Several analysts and market commentators remain constructive, saying the recent pullback may have gone too far and that Netflix could still surprise positively on earnings if subscriber trends and margins hold up. Netflix (NFLX) Bears Have Gone Too Far Ahead of Q2
• Neutral Sentiment: Netflix remains a heavily watched stock ahead of earnings, with option traders positioning for a larger move around the July 16 report. 3 Options Strategies for Netflix Earnings Next Week
• Negative Sentiment: Reports that Netflix is considering live TV channels and bundling third-party services suggest management is worried about slowing engagement, raising concerns that growth is becoming harder to sustain. Netflix Is Exploring Live TV and Bundles as It Struggles to Keep Viewers Hooked
• Negative Sentiment: Investors are reacting to signs that viewer retention may be weakening, and the strategic pivot toward live programming is being interpreted as a response to competitive and engagement pressures. Netflix Weighs Live TV Push
• Negative Sentiment: Commentary ahead of earnings says Netflix has been in a funk for nearly a year, with the stock still facing investor concern over slowing engagement and the need for a new growth catalyst. Should You Buy Netflix Stock Before July 16? Here’s My Honest Answer

Insiders Place Their Bets

In other Netflix news, Director Reed Hastings sold 407,550 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $93.13, for a total value of $37,955,131.50. Following the transaction, the director directly owned 3,940 shares of the company’s stock, valued at $366,932.20. This represents a 99.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Adam Neumann sold 9,253 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $6,563,353.65. This trade represents a 11.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 899,839 shares of company stock valued at $80,141,661 in the last three months. Company insiders own 1.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on NFLX. Jefferies Financial Group decreased their target price on Netflix from $128.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, June 10th. China Renaissance increased their target price on shares of Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a research note on Friday, April 17th. Piper Sandler restated an “overweight” rating and issued a $115.00 price target (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. DZ Bank reiterated a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Finally, Wolfe Research restated an “outperform” rating and issued a $107.00 target price on shares of Netflix in a report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Netflix has an average rating of “Moderate Buy” and a consensus price target of $113.65.

Netflix Stock Down 2.8%

Shares of NFLX stock traded down $2.10 on Friday, reaching $73.37. 46,556,598 shares of the company’s stock traded hands, compared to its average volume of 45,985,956. The company has a market capitalization of $308.95 billion, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 0.93 and a beta of 1.52. Netflix, Inc. has a 12-month low of $70.86 and a 12-month high of $127.75. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The business’s 50 day moving average price is $81.78 and its two-hundred day moving average price is $87.63.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. The firm had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period last year, the company posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities analysts forecast that Netflix, Inc. will post 3.6 earnings per share for the current year.

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.