Cidel Asset Management Inc. Buys 57,500 Shares of Netflix, Inc. $NFLX

Cidel Asset Management Inc. grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 45.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 184,045 shares of the Internet television network’s stock after acquiring an additional 57,500 shares during the quarter. Cidel Asset Management Inc.’s holdings in Netflix were worth $13,141,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Imprint Wealth LLC purchased a new stake in Netflix in the third quarter worth approximately $25,000. Cornerstone Financial Management LLC bought a new stake in Netflix in the 4th quarter worth approximately $26,000. Clal Insurance Enterprises Holdings Ltd purchased a new stake in Netflix during the 2nd quarter valued at $26,000. Atlas Capital Advisors Inc. purchased a new stake in Netflix during the 4th quarter valued at $26,000. Finally, Jessup Wealth Management Inc bought a new position in shares of Netflix during the 4th quarter valued at $27,000. 80.93% of the stock is currently owned by institutional investors.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bill Ackman’s $934 million investment is a vote of confidence. Pershing Square exited its remaining Alphabet position and established a large Netflix stake, suggesting Ackman believes Netflix offers a more attractive way to monetize AI-related trends with less capital intensity. Bill Ackman’s Netflix investment
• Positive Sentiment: Advertising remains a major potential growth driver. Analysts expect Netflix’s advertising business could exceed $6 billion in 2027. The company currently generates roughly $1 per month in advertising revenue per viewer, leaving room for higher monetization if ad demand and engagement continue improving. Netflix advertising forecast
• Positive Sentiment: Valuation and cash generation are attracting bullish investors. Recent commentary describes Netflix’s free-cash-flow yield as the most compelling in roughly a decade, while several analysts see substantial upside from current levels. The company’s profitable core streaming business and potential content-driven recovery underpin the bullish case. Netflix free cash flow analysis
• Neutral Sentiment: Netflix is opening box-office data for six films. The move could signal a broader theater strategy and help Netflix evaluate new revenue and promotional opportunities, although the financial impact remains uncertain. Netflix theater strategy
• Negative Sentiment: South African regulators are examining streaming-service pricing. The probe raises concerns about potential pricing restrictions, higher compliance costs or pressure on Netflix’s ability to raise subscription prices internationally. Netflix South Africa price probe
• Negative Sentiment: Near-term growth concerns remain the primary pressure. Reports cite missed quarterly expectations and weak forward guidance, while Netflix has significantly underperformed the broader market over the past year. Ongoing insider selling—with no reported insider purchases in the past six months—may further weigh on sentiment.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $76.77 on Wednesday. The company has a market cap of $319.67 billion, a P/E ratio of 24.16, a P/E/G ratio of 1.10 and a beta of 1.53. Netflix, Inc. has a 52-week low of $65.08 and a 52-week high of $126.70. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s fifty day moving average is $75.71 and its two-hundred day moving average is $84.45.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The business had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. During the same quarter in the prior year, the firm earned $0.72 EPS. The business’s revenue was up 13.4% on a year-over-year basis. As a group, analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts recently commented on NFLX shares. Rosenblatt Securities set a $75.00 price objective on Netflix and gave the stock a “neutral” rating in a report on Friday, July 17th. Bank of America reduced their price objective on Netflix from $125.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, July 17th. President Capital decreased their price objective on Netflix from $134.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Itau BBA Securities decreased their price objective on shares of Netflix from $151.40 to $96.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Netflix in a report on Thursday, May 14th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $96.65.

Insider Buying and Selling at Netflix

In related news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total value of $2,008,524.48. Following the completion of the transaction, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at approximately $8,893,265.74. This trade represents a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Spencer Neumann sold 9,248 shares of the business’s stock in a transaction 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 completion of the sale, the chief financial officer owned 73,787 shares in the company, valued at $5,592,316.73. This represents a 11.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 213,595 shares of company stock worth $15,812,072 over the last three months. 1.24% of the stock is owned by company insiders.

Netflix Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming access to television series, films, documentaries and other video content. Its service includes Netflix-produced and licensed programming, with offerings that may vary by market. The company also provides an advertising-supported plan in selected countries and has expanded into mobile games and other interactive entertainment.

Netflix was founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental service in the United States.