41,320 Shares in Netflix, Inc. $NFLX Acquired by Walter Public Investments Inc.

Posted by Jessica Moore on Nov 12th, 2026

Walter Public Investments Inc. purchased a new position in Netflix, Inc. (NASDAQ:NFLX – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 41,320 shares of the Internet television network’s stock, valued at approximately $2,875,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of NFLX. BlackRock Inc. acquired a new stake in Netflix during the 2nd quarter valued at approximately $24,902,221,000. State Street Corp boosted its holdings in shares of Netflix by 4.9% in the 2nd quarter. State Street Corp now owns 180,129,582 shares of the Internet television network’s stock valued at $12,861,252,000 after acquiring an additional 8,474,820 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Netflix by 4.3% in 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 acquiring an additional 2,376,349 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Netflix in the second quarter worth $1,906,482,000. Finally, Legal & General Group Plc acquired a new stake in shares of Netflix in the second quarter worth $1,886,526,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Activity at Netflix

In related news, Director Bradford Smith sold 17,980 shares of the firm’s stock in a transaction on Monday, October 26th. The shares were sold at an average price of $64.03, for a total transaction of $1,151,259.40. Following the sale, the director owned 79,690 shares in the company, valued at approximately $5,102,550.70. This trade represents a 18.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Neumann sold 9,253 shares of Netflix stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $66.15, for a total transaction of $612,085.95. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $4,881,010.05. The trade was a 11.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 89,024 shares of company stock valued at $5,788,733 in the last quarter. 1.24% of the stock is currently owned by insiders.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $64.54 on Thursday. The stock has a market capitalization of $265.02 billion, a price-to-earnings ratio of 18.65, a PEG ratio of 0.93 and a beta of 1.62. Netflix, Inc. has a 12 month low of $61.39 and a 12 month high of $116.73. The firm’s 50 day simple moving average is $70.00 and its 200-day simple moving average is $80.65. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07.

Netflix (NASDAQ:NFLX – Get Free Report) last posted its 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. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The firm had revenue of $12.87 billion during the quarter, compared to analyst estimates of $12.87 billion. During the same period in the previous year, the firm earned $0.59 EPS. The business’s quarterly revenue was up 11.9% on a year-over-year basis. Analysts expect that Netflix, Inc. will post 3.59 EPS for the current year.

Analysts Set New Price Targets

NFLX has been the subject of several recent research reports. Huber Research cut shares of Netflix from a “buy” rating to an “underweight” rating in a report on Tuesday, October 13th. Moffett Nathanson reaffirmed a “buy” rating and issued a $90.00 price target on shares of Netflix in a report on Wednesday, October 21st. KGI Securities downgraded Netflix from an “outperform” rating to a “neutral” rating and set a $75.00 price target on the stock. in a research report on Friday, July 17th. BMO Capital Markets reiterated an “outperform” rating and set a $125.00 price objective (down from $135.00) on shares of Netflix in a research note on Friday, October 16th. Finally, Morgan Stanley set a $77.00 price objective on Netflix and gave the company an “overweight” rating in a research note on Wednesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $89.14.

View Our Latest Research Report on NFLX

About Netflix

(Free Report)

Netflix, Inc. is an entertainment company that offers subscription-based streaming of television series, films, documentaries and other programming. Its service also includes mobile games and, in some markets, advertising-supported viewing plans. Netflix produces and licenses content, including titles made under its Netflix brand. Founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental business, the company launched its streaming service in 2007 and later expanded into original programming.