Nykredit A S Takes Position in Netflix, Inc. $NFLX

Nykredit A S bought a new position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) during the second quarter, according to its most recent filing with the SEC. The fund bought 1,732,435 shares of the Internet television network’s stock, valued at approximately $123,696,000.

A number of other large investors have also added to or reduced their stakes in NFLX. BlackRock Inc. purchased a new position in Netflix in the second quarter valued at approximately $24,902,221,000. State Street Corp grew its stake in shares of Netflix by 927.6% during the 4th quarter. State Street Corp now owns 176,780,995 shares of the Internet television network’s stock worth $16,574,986,000 after acquiring an additional 159,578,053 shares during the period. Geode Capital Management LLC grew its stake in shares of Netflix by 892.0% during the 4th quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock worth $9,305,336,000 after acquiring an additional 89,558,684 shares during the period. Capital World Investors increased its holdings in Netflix by 859.1% in the 4th quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock worth $8,376,656,000 after acquiring an additional 80,025,890 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Netflix by 685.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 86,058,878 shares of the Internet television network’s stock valued at $8,068,882,000 after acquiring an additional 75,107,069 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insider Activity at Netflix

In other Netflix 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 transaction of $162,216.00. Following the completion of the sale, the director owned 246 shares of the company’s stock, valued at $18,474.60. This represents a 89.78% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Adam Neumann sold 9,248 shares of the business’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 completion of the transaction, the chief financial officer owned 73,787 shares in the company, valued at $5,592,316.73. The trade was a 11.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 213,595 shares of company stock worth $15,812,072 over the last ninety days. Insiders own 1.24% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on NFLX shares. Weiss Ratings lowered shares of Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 26th. Wolfe Research reissued an “outperform” rating and set a $95.00 price objective (up from $84.00) on shares of Netflix in a research note on Tuesday, August 25th. UBS Group decreased their target price on Netflix from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday, July 17th. Oppenheimer set a $85.00 price target on Netflix and gave the company an “outperform” rating in a research report on Friday, July 17th. Finally, Loop Capital decreased their price objective on shares of Netflix from $115.00 to $95.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $96.65.

Get Our Latest Analysis on NFLX

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

  • Positive Sentiment: Several analysts and commentators view Netflix as attractively valued after its substantial pullback from its high. The company’s growing ad-supported business, strong cash generation and buyback program could support a long-term recovery. Netflix Is Down 46% From Its High
  • Positive Sentiment: Netflix received an average “Moderate Buy” analyst rating, reinforcing the view that the recent weakness may represent an entry opportunity rather than a deterioration in the long-term investment case. Netflix Receives Moderate Buy Rating
  • Positive Sentiment: A multi-year agreement with EverPass Media will distribute Netflix’s five 2026 NFL games, including a Thanksgiving Eve matchup, to commercial venues nationwide. The deal broadens the reach and monetization potential of Netflix’s live-sports programming. EverPass Media Expands NFL Offering Through Agreement with Netflix
  • Neutral Sentiment: A partnership with Stella Artois tied to season two of The Gentlemen, along with strong attention generated by exclusive Grand Theft Auto VI preview footage on Netflix, supports engagement and advertising visibility but is unlikely to materially change near-term financial results. Netflix Unveils New Partnership
  • Negative Sentiment: Investors remain concerned about slowing subscriber and revenue growth, competition from short-form video platforms and Netflix’s underperformance versus the broader market. These issues could limit multiple expansion despite the discounted valuation. Netflix: A Streaming Giant at a Rare Discount?

Netflix Stock Up 2.4%

NFLX opened at $82.73 on Thursday. Netflix, Inc. has a 12 month low of $65.08 and a 12 month high of $126.71. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. The business’s 50-day moving average price is $75.19 and its 200-day moving average price is $84.40. The company has a market cap of $344.48 billion, a P/E ratio of 26.04, a P/E/G ratio of 1.14 and a beta of 1.53.

Netflix (NASDAQ:NFLXGet Free Report) last posted its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The business had revenue of $12.56 billion for the quarter, compared to analyst estimates of $12.58 billion. During the same period last year, the company earned $0.72 EPS. Netflix’s revenue for the quarter was up 13.4% compared to the same quarter last year. On average, equities analysts expect that Netflix, Inc. will post 3.59 EPS for the current year.

Netflix Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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