HF Advisory Group LLC Purchases 10,760 Shares of Netflix, Inc. $NFLX

HF Advisory Group LLC purchased a new position in shares of Netflix, Inc. (NASDAQ:NFLX) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 10,760 shares of the Internet television network’s stock, valued at approximately $749,000.

A number of other institutional investors have also modified their holdings of the stock. Dupree Financial Group LLC lifted its holdings in shares of Netflix by 40.7% in the 3rd quarter. Dupree Financial Group LLC now owns 4,418 shares of the Internet television network’s stock valued at $307,000 after buying an additional 1,278 shares during the period. Sherry Group Inc. grew its holdings in Netflix by 11.1% during the third quarter. Sherry Group Inc. now owns 20,326 shares of the Internet television network’s stock worth $1,414,000 after acquiring an additional 2,026 shares during the period. Jacobs & Co. CA grew its holdings in Netflix by 6.4% during the third quarter. Jacobs & Co. CA now owns 174,772 shares of the Internet television network’s stock worth $12,160,000 after acquiring an additional 10,520 shares during the period. ANB Bank raised its position in Netflix by 17.6% during the third quarter. ANB Bank now owns 11,743 shares of the Internet television network’s stock valued at $817,000 after acquiring an additional 1,756 shares in the last quarter. Finally, Valley Wealth Managers Inc. raised its position in Netflix by 17.1% during the third quarter. Valley Wealth Managers Inc. now owns 10,617 shares of the Internet television network’s stock valued at $739,000 after acquiring an additional 1,548 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Trading Down 1.8%

Shares of NASDAQ:NFLX opened at $70.30 on Friday. The business’s 50 day moving average price is $75.46 and its 200-day moving average price is $81.42. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $124.86. The firm has a market capitalization of $292.72 billion, a price-to-earnings ratio of 22.13, a price-to-earnings-growth ratio of 1.01 and a beta of 1.62. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14.

Netflix (NASDAQ:NFLX) last issued 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 company had revenue of $12.56 billion during the quarter, compared to analyst estimates of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The firm’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.72 EPS. On average, equities research analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Insider Buying and Selling at Netflix

In other news, CEO Gregory Peters sold 27,312 shares of the business’s stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $73.54, for a total transaction of $2,008,524.48. Following the completion of the sale, the chief executive officer owned 120,931 shares of the company’s stock, valued at $8,893,265.74. The trade was a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Theodore Sarandos sold 27,312 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $73.35, for a total transaction of $2,003,335.20. Following the transaction, the chief executive officer owned 178,954 shares of the company’s stock, valued at approximately $13,126,275.90. This trade represents a 13.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 179,045 shares of company stock valued at $13,132,194. Corporate insiders own 1.24% of the company’s stock.

Wall Street Analyst Weigh In

NFLX has been the topic of several recent research reports. JPMorgan Chase & Co. restated a “buy” rating on shares of Netflix in a research report on Thursday, August 20th. KGI Securities lowered shares of Netflix from an “outperform” rating to a “neutral” rating and set a $75.00 target price for the company. in a report on Friday, July 17th. Wedbush decreased their target price on shares of Netflix from $118.00 to $105.00 and set an “outperform” rating for the company in a research note on Friday, July 17th. Oppenheimer set a $85.00 price target on shares of Netflix and gave the stock an “outperform” rating in a report on Friday, July 17th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Netflix in a research report on Tuesday, September 22nd. Four analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $94.70.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Morgan Stanley maintained an “overweight” rating while trimming its price target from $83 to $80, implying meaningful upside from recent trading levels. The lower target reflects caution, but the continued bullish rating provides some support for the investment case. Morgan Stanley Netflix price target report
• Positive Sentiment: Netflix is reportedly paying $200 million for U.S. rights to the 2027 Women’s World Cup. The event could provide valuable live-programming exposure and attract new viewers, although the rights fee adds to near-term content spending. Netflix 2027 Women’s World Cup rights report
• Neutral Sentiment: Netflix’s upcoming scripted series about the FTX collapse, “The Altruists,” is scheduled for November 19. The program could generate attention and engagement, but criticism from figures connected to the crypto industry creates some reputational risk. Netflix FTX series criticism report
• Negative Sentiment: Multiple reports say Netflix plans to eliminate about 5% of its workforce—potentially roughly 800 jobs—with an announcement possibly coming next week. While the cuts could reduce operating expenses and improve margins, investors may interpret them as evidence that management is responding to weaker engagement, intensifying competition from YouTube and pressure on growth. Netflix has not confirmed the plans. Los Angeles Times Netflix layoffs report
• Negative Sentiment: A reported $2.8 billion termination fee boosted Netflix’s cash balance, but it is a one-time payment rather than recurring streaming cash flow. Investors are being cautioned not to treat the windfall as evidence of stronger underlying earnings or content-financing capacity. Netflix termination fee and cash flow report

Netflix Company Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.