Dai ichi Life Insurance Company Ltd Cuts Position in Netflix, Inc. $NFLX

Dai ichi Life Insurance Company Ltd trimmed its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 12.7% during the first quarter, HoldingsChannel reports. The institutional investor owned 187,026 shares of the Internet television network’s stock after selling 27,123 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Netflix were worth $17,983,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of NFLX. Gabelli Funds LLC increased its position in shares of Netflix by 10.7% in the first quarter. Gabelli Funds LLC now owns 856,704 shares of the Internet television network’s stock worth $82,372,000 after acquiring an additional 82,805 shares in the last quarter. Gamco Investors INC. ET AL lifted its holdings in shares of Netflix by 16.8% during the 1st quarter. Gamco Investors INC. ET AL now owns 142,255 shares of the Internet television network’s stock valued at $13,678,000 after acquiring an additional 20,505 shares in the last quarter. GC Wealth Management RIA LLC boosted its position in Netflix by 3.5% during the 1st quarter. GC Wealth Management RIA LLC now owns 95,628 shares of the Internet television network’s stock worth $9,195,000 after purchasing an additional 3,247 shares during the period. Klingman & Associates LLC boosted its position in Netflix by 12.0% during the 1st quarter. Klingman & Associates LLC now owns 16,944 shares of the Internet television network’s stock worth $1,629,000 after purchasing an additional 1,810 shares during the period. Finally, Modern Wealth Management LLC increased its holdings in Netflix by 69.2% in the 1st quarter. Modern Wealth Management LLC now owns 33,380 shares of the Internet television network’s stock valued at $3,189,000 after purchasing an additional 13,652 shares in the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on NFLX. CLSA began coverage on Netflix in a research note on Monday. They set an “outperform” rating on the stock. Weiss Ratings lowered Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 26th. China Intl Cap upgraded Netflix to a “strong-buy” rating in a report on Tuesday. Rosenblatt Securities set a $75.00 price target on Netflix and gave the stock a “neutral” rating in a research report on Friday, July 17th. Finally, Pivotal Research decreased their price target on Netflix from $96.00 to $70.00 and set a “hold” rating for the company in a report on Friday, July 17th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $103.48.

Netflix Stock Up 1.7%

Shares of Netflix stock opened at $70.09 on Friday. Netflix, Inc. has a 1-year low of $65.08 and a 1-year high of $126.71. The company has a market capitalization of $291.85 billion, a PE ratio of 22.06, a P/E/G ratio of 0.86 and a beta of 1.52. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.41. The business has a 50-day moving average of $78.34 and a 200-day moving average of $86.05.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. The business had revenue of $12.56 billion for the quarter, compared to analysts’ expectations of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The company’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.72 earnings per share. As a group, equities analysts forecast that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Insider Activity at Netflix

In other Netflix news, Director Reed Hastings sold 386,700 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $85.97, for a total value of $33,244,599.00. Following the transaction, the director directly owned 3,940 shares of the company’s stock, valued at $338,721.80. This represents a 98.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,722 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following the transaction, the insider owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. This trade represents a 1.78% decrease in their ownership of the stock. 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 899,839 shares of company stock worth $80,141,661 over the last ninety days. Company insiders own 1.24% of the company’s stock.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s expanding global content strategy, including local-language hits and major franchises, is helping broaden engagement and could support more durable revenue growth. Netflix’s Global Content Strategy Expands: Is Growth More Durable?
• Positive Sentiment: Some analysts and commentators are arguing the post-earnings selloff may have made NFLX more of a value opportunity than a growth stock, which could attract bargain hunters. Netflix (NFLX) Stock Has Become a Value Play Post Q2
• Neutral Sentiment: Netflix remains a central topic in streaming ETF discussions after its Q2 results, as investors weigh whether the company’s growth profile is still strong enough to support the broader streaming trade. ETFs in Spotlight Following Netflix’s Q2 Earnings Beat & Weak ’26 View
• Neutral Sentiment: Market commentary continues to frame Netflix as a company with strong fundamentals but challenged sentiment, with the stock still trading near recent lows. What’s Going on With Netflix Stock?
• Negative Sentiment: Investors are worried that slowing growth, weaker guidance, and rich valuation could limit upside for NFLX despite higher revenue and profit. Losing Wall Street binge premium! Why are Netflix shares in a freefall this year?
• Negative Sentiment: Competitive pressure is still a concern, with YouTube’s strong ad growth renewing questions about whether Netflix can maintain its lead in video entertainment monetization. Alphabet-Owned YouTube Ad Sales Hit a Record $11.06 Billion. Is YouTube Dangerously Close to Surpassing Netflix in Revenue?

Netflix Company 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.