First Nebraska Trust Co bought a new position in Netflix, Inc. (NASDAQ:NFLX – Free Report) during the third quarter, according to its most recent disclosure with the SEC. The firm bought 52,285 shares of the Internet television network’s stock, valued at approximately $3,638,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Evergreen Private Wealth LLC increased its stake in shares of Netflix by 9.7% in the third quarter. Evergreen Private Wealth LLC now owns 79,250 shares of the Internet television network’s stock worth $5,514,000 after purchasing an additional 7,006 shares in the last quarter. IPG Investment Advisors LLC raised its position in shares of Netflix by 17.2% during the 3rd quarter. IPG Investment Advisors LLC now owns 12,005 shares of the Internet television network’s stock valued at $835,000 after purchasing an additional 1,760 shares during the period. Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of Netflix by 4.2% during the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 421,955 shares of the Internet television network’s stock valued at $29,360,000 after buying an additional 17,064 shares in the last quarter. Torren Management LLC lifted its stake in shares of Netflix by 116.4% during the 3rd quarter. Torren Management LLC now owns 463 shares of the Internet television network’s stock valued at $32,000 after buying an additional 249 shares in the last quarter. Finally, GRIMES & Co WEALTH MANAGEMENT LLC lifted its stake in shares of Netflix by 3.5% during the 3rd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 17,428 shares of the Internet television network’s stock valued at $1,213,000 after buying an additional 597 shares in the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research analysts recently weighed in on the stock. Stephens started coverage on shares of Netflix in a report on Friday, July 17th. They issued an “overweight” rating for the company. JPMorgan Chase & Co. decreased their price target on Netflix from $85.00 to $81.00 and set an “overweight” rating on the stock in a report on Wednesday, October 21st. Rothschild & Co Redburn lowered their price objective on Netflix from $120.00 to $93.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. Evercore restated an “outperform” rating and issued a $90.00 price objective on shares of Netflix in a research report on Wednesday, October 21st. Finally, Huber Research lowered Netflix from a “buy” rating to an “underweight” rating in a research note on Tuesday, October 13th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Netflix presently has an average rating of “Moderate Buy” and a consensus target price of $89.14.
View Our Latest Analysis on Netflix
Insider Buying and Selling at Netflix
In other news, CFO Spencer Neumann sold 9,248 shares of the company’s stock in a transaction dated 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 approximately $5,592,316.73. This represents a 11.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Richard Barton sold 720 shares of the stock in a transaction dated 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 transaction, the director directly owned 2,460 shares of the company’s stock, valued at approximately $185,164.20. The trade was a 22.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 55,980 shares of company stock valued at $3,970,756 over the last quarter. 1.24% of the stock is owned by corporate insiders.
Key Headlines Impacting Netflix
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Netflix is rolling out an “AI Discover” tab, beginning with recommendations based on users’ moods. Better content discovery could encourage more viewing and support the company’s advertising ambitions. Article: Netflix’s new AI Discover tab helps you find something to watch based on your mood
- Positive Sentiment: Netflix hired former Google executive Darshan Kantak to lead its ads platform, a move that may strengthen its push to grow advertising revenue. Article: Netflix hires Darshan Kantak to lead ads platform
- Neutral Sentiment: Some commentary argues Netflix’s valuation is comparatively low and that continued revenue growth could offer long-term upside. These are investor opinions, not new company guidance or confirmed catalysts. Article: Netflix Trades at a Discount to the S&P 500’s Valuation. Is It Deserved?
- Negative Sentiment: Netflix trimmed its 2026 advertising-revenue forecast to about $2.7 billion and flagged softer engagement. The concerns may weigh on expectations for ad growth, even as the company forecasts a 31.5% full-year operating margin. Article: How Investors May Respond To Netflix Lower Ad Revenue Guidance
- Negative Sentiment: Reports say Netflix is cutting roughly 2%–3% of staff at its London hub, following a broader plan to eliminate about 1,000 roles. The restructuring adds to uncertainty about the company’s operations and growth outlook. Article: Netflix cuts UK staff and parts with production head Anna Mallett, report says
Netflix Price Performance
Netflix stock opened at $63.42 on Wednesday. The company has a market cap of $260.42 billion, a price-to-earnings ratio of 18.33, a PEG ratio of 0.91 and a beta of 1.62. The firm’s fifty day moving average is $72.00 and its 200 day moving average is $81.31. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 52-week low of $61.39 and a 52-week high of $116.73.
Netflix (NASDAQ:NFLX – Get Free Report) last released its quarterly earnings data on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, beating the consensus estimate of $0.82 by $0.05. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The business had revenue of $12.87 billion during the quarter, compared to analyst estimates of $12.87 billion. During the same quarter last year, the business earned $0.59 earnings per share. Netflix’s quarterly revenue was up 11.9% compared to the same quarter last year. Sell-side analysts forecast that Netflix, Inc. will post 3.59 EPS 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.
Read More
- Five stocks we like better than Netflix
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
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.
