Headlands Technologies LLC acquired a new position in Netflix, Inc. (NASDAQ:NFLX – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 45,020 shares of the Internet television network’s stock, valued at approximately $3,214,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Imprint Wealth LLC bought a new stake in shares of Netflix in the third quarter valued at about $25,000. Cornerstone Financial Management LLC purchased a new position in Netflix during the 4th quarter valued at about $26,000. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Netflix in the 2nd quarter valued at about $26,000. Atlas Capital Advisors Inc. bought a new stake in shares of Netflix in the 4th quarter valued at about $26,000. Finally, Jessup Wealth Management Inc purchased a new stake in shares of Netflix in the 4th quarter worth approximately $27,000. 80.93% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on NFLX. KeyCorp reissued an “overweight” rating and set a $92.00 price objective (down from $115.00) on shares of Netflix in a report on Monday, July 13th. Pivotal Research lowered their target price on Netflix from $96.00 to $70.00 and set a “hold” rating for the company in a report on Friday, July 17th. Rosenblatt Securities set a $75.00 target price on Netflix and gave the company a “neutral” rating in a research report on Friday, July 17th. The Goldman Sachs Group downgraded Netflix from an “underweight” rating to a “sell” rating in a report on Monday, July 20th. Finally, KGI Securities lowered Netflix from an “outperform” rating to a “neutral” rating and set a $75.00 target price on the stock. in a research note on Friday, July 17th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.19.
Netflix News Roundup
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Bill Ackman’s Pershing Square reportedly added approximately 13.1 million Netflix shares, making NFLX one of the hedge fund’s new concentrated holdings. The move may bolster investor confidence in Netflix’s valuation and long-term earnings potential. Bill Ackman portfolio overhaul article
- Positive Sentiment: Analysts and market commentators point to Netflix’s rapidly expanding advertising business, a potential $3 billion advertising revenue opportunity, continued global expansion and margin growth as catalysts for a possible recovery toward $100 and beyond. Record share buybacks could further support earnings per share. Netflix stock price prediction article
- Positive Sentiment: Netflix is being described as an undervalued long-term holding, with bullish arguments centered on double-digit revenue growth, free-cash-flow generation and the ability to monetize live events and lower-priced ad-supported plans. Netflix five-year outlook article
- Neutral Sentiment: The Netflix preview of Grand Theft Auto VI attracted significant online attention and traffic, but the immediate stock-market beneficiary appears to be Take-Two Interactive, the game’s publisher, rather than Netflix. GTA 6 Netflix preview article
- Negative Sentiment: Some analysts argue that Netflix’s growth is moderating and that Alphabet offers stronger diversification, advertising exposure and valuation. Recent commentary also identifies resistance near $82 and muted enthusiasm following the latest earnings report. NFLX versus GOOGL article
- Negative Sentiment: Reported insider activity remains a potential overhang: executives and directors made numerous sales and no purchases over the past six months. Investors may interpret the selling as reduced insider conviction, although it may also reflect routine diversification. Netflix ad monetization and market resistance article
Netflix Stock Performance
Shares of NFLX opened at $81.72 on Monday. The stock has a 50-day moving average of $74.65 and a two-hundred day moving average of $84.35. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. The stock has a market cap of $340.28 billion, a P/E ratio of 25.72, a P/E/G ratio of 1.03 and a beta of 1.52. Netflix, Inc. has a one year low of $65.08 and a one year high of $126.71.
Netflix (NASDAQ:NFLX – Get Free Report) last released its earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The firm had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The company’s revenue was up 13.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.72 earnings per share. As a group, research analysts predict that Netflix, Inc. will post 3.59 EPS for the current year.
Insiders Place Their Bets
In other news, Director Richard N. Barton sold 2,160 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $75.10, for a total value of $162,216.00. Following the sale, the director owned 246 shares in the company, valued at $18,474.60. This represents a 89.78% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,723 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total transaction of $416,920.55. Following the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $23,027,885. This trade represents a 1.78% 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. Over the last three months, insiders sold 213,595 shares of company stock worth $15,812,072. Company insiders own 1.24% of the company’s stock.
Netflix Company Profile
Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.
The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.
Read More
- Five stocks we like better than Netflix
- Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally
- Rubrik’s AI Security Bet Could Power the Next Leg Higher
- Apple’s Foldable iPhone Could Be a Catalyst, But Not a Cure-All
- Snowflake Is Up Nearly 50% in 2026—What Are Short Sellers Betting Against?
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.
