Netflix, Inc. $NFLX Holdings Cut by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI trimmed its stake in Netflix, Inc. (NASDAQ:NFLX) by 3.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 299,826 shares of the Internet television network’s stock after selling 10,485 shares during the quarter. Citizens Financial Group Inc. RI’s holdings in Netflix were worth $20,862,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. American Capital Advisory LLC raised its position in shares of Netflix by 0.8% in the 1st quarter. American Capital Advisory LLC now owns 13,990 shares of the Internet television network’s stock worth $1,345,000 after purchasing an additional 109 shares during the last quarter. CWS Financial Advisors LLC grew its position in Netflix by 3.2% during the 1st quarter. CWS Financial Advisors LLC now owns 3,612 shares of the Internet television network’s stock valued at $347,000 after purchasing an additional 112 shares during the last quarter. Warner Group LLC grew its position in Netflix by 2.2% during the 1st quarter. Warner Group LLC now owns 5,230 shares of the Internet television network’s stock valued at $503,000 after purchasing an additional 114 shares during the last quarter. Financial Avengers Inc. raised its holdings in Netflix by 9.8% in the first quarter. Financial Avengers Inc. now owns 1,290 shares of the Internet television network’s stock worth $124,000 after buying an additional 115 shares during the last quarter. Finally, PAX Financial Group LLC raised its holdings in Netflix by 2.5% in the first quarter. PAX Financial Group LLC now owns 4,847 shares of the Internet television network’s stock worth $466,000 after buying an additional 116 shares during the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Netflix news, CEO Theodore A. Sarandos sold 105,850 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $73.03, for a total transaction of $7,730,225.50. Following the completion of the sale, the chief executive officer directly owned 206,266 shares in the company, valued at $15,063,605.98. The trade was a 33.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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. Also, insider David A. 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 sale, the insider owned 316,100 shares of the company’s stock, valued at approximately $23,027,885. This 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 have sold 179,045 shares of company stock valued at $13,132,194 in the last 90 days. Insiders own 1.24% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported third-quarter EPS of $0.87, ahead of the $0.82 consensus estimate, while revenue reached $12.87 billion. Operating margin rose to 34.6%, supporting the argument that the core streaming business remains highly profitable. Can Netflix Stock Hold Margin Gains as Content Spending Keeps Growing?
• Positive Sentiment: Longer-term bulls argue that Netflix’s profitability, systematic share repurchases, local-language content, and continued subscriber retention could create meaningful upside after the sell-off. Bill Ackman has also returned to the stock and expects annualized returns above 20%. Bill Ackman Lost $400 Million on Netflix
• Positive Sentiment: Ark Invest’s Cathie Wood bought 18,000 Netflix shares, signaling that some growth-oriented investors view the two-year-low valuation as an opportunity. Cathie Wood Just Bought Netflix Stock
• Neutral Sentiment: Netflix is reportedly planning layoffs at its Bay Area headquarters. The cuts could reduce costs, but they also raise questions about operating priorities and employee productivity. Netflix Stock Slips as Layoffs Hit Bay Area Headquarters
• Neutral Sentiment: Paramount Skydance’s completed merger highlights intensifying competition for scale and content across the entertainment industry, potentially increasing pressure on Netflix to sustain its content advantage. Could Skydance Be Bigger Than Disney?
• Negative Sentiment: Management reduced its 2026 advertising-revenue outlook to approximately $2.7 billion from about $3 billion. Softer ad growth undermines a major part of Netflix’s expansion thesis and overshadowed the earnings beat. Netflix Cut Its 2026 Ad Forecast by $300 Million
• Negative Sentiment: Disappointing fourth-quarter revenue guidance and decelerating growth have led investors to discount the strong quarterly results. Netflix’s reduced 2026 free-cash-flow outlook is another concern as content spending continues to rise. Netflix Has Lower FCF Guidance
• Negative Sentiment: Several analysts lowered their price targets or ratings after the report. One fair-value estimate fell from $92.62 to $86.24, while UBS, Guggenheim, and Needham adopted more cautious views. Netflix Stock Fair Value Falls After Cautious Q3 Analyst Revisions
• Negative Sentiment: Reports indicate viewing time is declining even though subscribers are staying, suggesting weaker engagement. YouTube and lower-cost streaming alternatives may also be contributing to slower revenue growth. Netflix Is Losing Viewers

Netflix Price Performance

Shares of NFLX opened at $65.85 on Friday. The firm has a market cap of $270.40 billion, a PE ratio of 19.03, a P/E/G ratio of 0.96 and a beta of 1.62. The company has a current ratio of 1.07, a quick ratio of 1.14 and a debt-to-equity ratio of 0.43. The firm has a fifty day simple moving average of $74.27 and a two-hundred day simple moving average of $79.64. Netflix, Inc. has a 1-year low of $64.10 and a 1-year high of $116.73.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.05. The firm had revenue of $12.87 billion for the quarter, compared to analysts’ expectations of $12.87 billion. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The company’s revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.59 EPS. On average, equities analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $80.00 price target (down from $95.00) on shares of Netflix in a report on Wednesday. Citigroup restated a “buy” rating and issued a $85.00 price objective (down from $100.00) on shares of Netflix in a report on Wednesday. Robert W. Baird set a $90.00 price objective on Netflix and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Phillip Securities downgraded Netflix from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday. Finally, Huber Research lowered Netflix from a “buy” rating to an “underweight” rating in a report on Tuesday, October 13th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $89.59.

Netflix Company 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.