Lazari Capital Management Inc. lifted its stake in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 16.9% during the third quarter, HoldingsChannel.com reports. The firm owned 64,360 shares of the Internet television network’s stock after purchasing an additional 9,289 shares during the quarter. Netflix makes up about 1.1% of Lazari Capital Management Inc.’s portfolio, making the stock its 15th largest holding. Lazari Capital Management Inc.’s holdings in Netflix were worth $4,478,000 at the end of the most recent quarter.
Other hedge funds also recently bought and sold shares of the company. Investors Asset Management of Georgia Inc. GA ADV grew its holdings in shares of Netflix by 1.2% during the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 16,725 shares of the Internet television network’s stock valued at $1,164,000 after buying an additional 200 shares during the last quarter. Net Worth Advisory Group boosted its stake in shares of Netflix by 52.8% in the 3rd quarter. Net Worth Advisory Group now owns 15,951 shares of the Internet television network’s stock worth $1,082,000 after buying an additional 5,511 shares during the last quarter. Tred Avon Family Wealth LLC boosted its stake in shares of Netflix by 8.5% in the 3rd quarter. Tred Avon Family Wealth LLC now owns 13,137 shares of the Internet television network’s stock worth $914,000 after buying an additional 1,025 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of Netflix by 1.3% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 621,119 shares of the Internet television network’s stock worth $43,217,000 after acquiring an additional 7,736 shares during the period. Finally, Jeppson Wealth Management LLC grew its holdings in shares of Netflix by 25.0% in the third quarter. Jeppson Wealth Management LLC now owns 15,182 shares of the Internet television network’s stock worth $1,056,000 after acquiring an additional 3,039 shares during the period. Institutional investors own 80.93% of the company’s stock.
More Netflix News
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Netflix’s advertising business is a key potential upside driver. Analysts expect ad revenue to accelerate toward the company’s roughly $3 billion 2026 target, supported by stronger upfront commitments and higher subscription prices. Wedbush expects limited customer churn and results broadly in line with company guidance. Netflix heads into earnings with churn in check and ad revenue rising
- Positive Sentiment: Wall Street’s consensus calls for approximately $12.87 billion to $12.88 billion in revenue and earnings per share of about $0.82 to $0.83. Some analysts remain bullish, arguing that the stock’s steep decline has already priced in much of the bad news. Here’s what to expect when Netflix reports earnings
- Neutral Sentiment: Options markets imply an unusually large post-earnings move—roughly 9% according to several previews—highlighting significant event risk rather than a clear directional consensus. Investors will focus on subscriber trends, engagement, advertising growth and fourth-quarter guidance. Options traders expect a big move in NFLX stock
- Negative Sentiment: Investor sentiment is pressured by weak engagement and reports that Netflix has not added net U.S. subscribers in any month this year. Concerns that the company’s mature U.S. market is “hitting a wall” raise questions about future growth. Netflix has hit a wall
- Negative Sentiment: Netflix recently cut about 1,000 jobs, or roughly 6% of its workforce, while film chief Dan Lin and other senior executives have departed. The restructuring may improve costs, but its timing has intensified concerns about content performance, strategy and management stability. Netflix film division boss to exit
- Negative Sentiment: Competition is also becoming a larger long-term risk, with the Skydance-Paramount combination expected to expand its film output and strengthen rival streaming offerings.
Insider Buying and Selling
In other Netflix news, insider David Hyman sold 5,723 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total value of $416,920.55. Following the completion of the sale, the insider directly owned 316,100 shares of the company’s stock, valued at $23,027,885. The trade was a 1.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Neumann sold 9,248 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $75.79, for a total value of $700,905.92. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $5,592,316.73. This trade represents a 11.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 179,045 shares of company stock worth $13,132,194 over the last 90 days. Corporate insiders own 1.24% of the company’s stock.
Netflix Trading Down 0.9%
Shares of NFLX stock traded down $0.61 on Tuesday, reaching $69.23. 19,074,341 shares of the company’s stock were exchanged, compared to its average volume of 42,101,789. Netflix, Inc. has a 52 week low of $65.08 and a 52 week high of $124.86. The stock has a market capitalization of $288.29 billion, a PE ratio of 21.79, a P/E/G ratio of 1.00 and a beta of 1.62. The company’s fifty day simple moving average is $75.04 and its 200 day simple moving average is $80.38. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39.
Analysts Set New Price Targets
A number of research firms have weighed in on NFLX. Citigroup reissued a “market perform” rating on shares of Netflix in a report on Thursday, October 15th. New Street Research increased their price objective on shares of Netflix from $96.00 to $102.00 and gave the stock a “neutral” rating in a research note on Friday, July 17th. China Renaissance decreased their target price on Netflix from $100.00 to $80.00 and set a “hold” rating on the stock in a research note on Friday, July 17th. BMO Capital Markets restated an “outperform” rating and set a $125.00 price objective (down from $135.00) on shares of Netflix in a research report on Friday. Finally, Guggenheim restated a “buy” rating and issued a $80.00 price target (up from $75.00) on shares of Netflix in a research report on Thursday, October 1st. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and a consensus target price of $93.38.
View Our Latest Report on NFLX
Netflix Profile
Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.
The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.
Read More
- Five stocks we like better than Netflix
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
- IonQ’s Bold Expansion Could Leave Shareholders Paying the Price
- Powering Up: Applied Digital Execs Buy $6.7M in Stock
- Chip Stocks Are Sliding—Why Is Smart Money Buying?
Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLX – Free Report).
Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.
