Netflix, Inc. $NFLX Holdings Lowered by Motley Fool Asset Management LLC

Motley Fool Asset Management LLC lowered its stake in Netflix, Inc. (NASDAQ:NFLX) by 14.2% during the third quarter, HoldingsChannel.com reports. The firm owned 332,397 shares of the Internet television network’s stock after selling 55,210 shares during the period. Netflix makes up about 0.9% of Motley Fool Asset Management LLC’s holdings, making the stock its 20th biggest holding. Motley Fool Asset Management LLC’s holdings in Netflix were worth $23,128,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Netflix in the second quarter valued at about $24,902,221,000. State Street Corp lifted its stake in Netflix by 4.9% in the second quarter. State Street Corp now owns 180,129,582 shares of the Internet television network’s stock valued at $12,861,252,000 after buying an additional 8,474,820 shares during the period. Bank of America Corp DE boosted its holdings in Netflix by 4.3% during the first quarter. Bank of America Corp DE now owns 57,942,812 shares of the Internet television network’s stock worth $5,571,201,000 after buying an additional 2,376,349 shares during the last quarter. Bank of New York Mellon Corp bought a new position in Netflix during the second quarter worth about $1,906,482,000. Finally, Legal & General Group Plc bought a new position in Netflix during the second quarter worth about $1,886,526,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix exceeded third-quarter earnings expectations, reporting $0.87 in EPS versus the $0.82 consensus estimate. Revenue reached $12.87 billion, up 11.9% year over year, while management expects operating margins to expand to 31.5% in 2026 from 29.5% in 2025. Netflix and ServiceNow Have Fallen More Than 30%
• Positive Sentiment: Netflix’s advertising business remains a potential growth driver, with advertising revenue expected to increase more than 80% in 2026. Bullish analysts also point to strong free cash flow, a healthy balance sheet, international growth and ongoing margin expansion as support for the long-term investment case. Netflix’s Advertising Business Expands Rapidly
• Neutral Sentiment: Netflix is preparing to release The Altruists, a dramatization of the FTX collapse featuring actor Anthony Boyle as Sam Bankman-Fried. The series could provide additional attention and engagement, although its direct financial impact is uncertain. Sam Bankman-Fried Wrote to Actor Portraying Him
• Neutral Sentiment: A director sold 17,980 shares worth approximately $1.15 million under a pre-arranged Rule 10b5-1 plan. The transaction reduced his holdings by 18.4%, but its planned nature makes it a limited signal of management sentiment. Netflix Director SEC Filing
• Negative Sentiment: The primary pressure on NFLX is weaker fourth-quarter revenue guidance and evidence that growth is moderating. Investors viewed the outlook as disappointing despite the EPS beat, prompting a sharp selloff and pushing the stock near its lowest level since 2024. Netflix Is Making Big Changes
• Negative Sentiment: Netflix’s advertising rollout has faced delays, and its approximately $2 billion 2026 advertising-revenue forecast has been viewed as a reduction from earlier expectations. Competition from YouTube and other streaming platforms is raising questions about whether Netflix can sustain ad momentum. Netflix Advertising Momentum
• Negative Sentiment: Reports that viewers are watching less Netflix have intensified concerns about engagement, cultural relevance and competition from short-form video. Needham downgraded the stock to Hold and Wolfe Research to Peer Perform, while several firms lowered price targets. ETF selling has added to near-term technical pressure. Netflix Stock Falls on Report That Viewers Watch Less

Insider Activity at Netflix

In related news, CFO Spencer Neumann sold 9,248 shares of the firm’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $75.79, for a total transaction of $700,905.92. Following the sale, the chief financial officer directly owned 73,787 shares in the company, valued at $5,592,316.73. This trade represents a 11.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Richard Barton sold 720 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $75.27, for a total transaction of $54,194.40. Following the completion of the sale, the director directly owned 2,460 shares in the company, valued at $185,164.20. This represents a 22.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 197,025 shares of company stock valued at $14,283,453 over the last three months. Insiders own 1.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on NFLX. Wedbush decreased their target price on Netflix from $105.00 to $90.00 and set an “outperform” rating for the company in a research report on Friday, October 16th. Pivotal Research reiterated a “hold” rating and issued a $65.00 price target (down from $70.00) on shares of Netflix in a research report on Wednesday, October 21st. Evercore reissued an “outperform” rating and set a $90.00 price objective on shares of Netflix in a research note on Wednesday, October 21st. Wolfe Research cut shares of Netflix from an “outperform” rating to a “peer perform” rating in a report on Thursday, October 22nd. Finally, JPMorgan Chase & Co. lowered their target price on shares of Netflix from $85.00 to $81.00 and set an “overweight” rating for the company in a research note on Wednesday, October 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Netflix currently has an average rating of “Moderate Buy” and an average target price of $89.14.

Netflix Stock Performance

Shares of NFLX stock opened at $61.99 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market capitalization of $254.55 billion, a P/E ratio of 17.92, a price-to-earnings-growth ratio of 0.96 and a beta of 1.62. The company’s 50 day moving average price is $73.40 and its two-hundred day moving average price is $81.85. Netflix, Inc. has a 52 week low of $61.51 and a 52 week high of $116.73.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.05. The firm had revenue of $12.87 billion for the quarter, compared to analyst estimates of $12.87 billion. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The business’s revenue was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.59 earnings per share. On average, analysts expect that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

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.