OMERS ADMINISTRATION Corp lowered its stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 68.6% in the first quarter, Holdings Channel reports. The institutional investor owned 377,537 shares of the Internet television network’s stock after selling 826,212 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Netflix were worth $36,300,000 as of its most recent filing with the SEC.
Other hedge funds have also made changes to their positions in the company. FreeGulliver LLC lifted its position in shares of Netflix by 17.4% in the 1st quarter. FreeGulliver LLC now owns 3,062 shares of the Internet television network’s stock worth $294,000 after acquiring an additional 453 shares during the period. Van Diest Capital LLC acquired a new stake in shares of Netflix during the 1st quarter worth approximately $200,000. Bradley Foster & Sargent Inc. CT raised its stake in shares of Netflix by 25.6% in the first quarter. Bradley Foster & Sargent Inc. CT now owns 28,576 shares of the Internet television network’s stock valued at $2,748,000 after purchasing an additional 5,832 shares in the last quarter. Lombard Odier Asset Management Switzerland SA lifted its position in Netflix by 12.7% in the first quarter. Lombard Odier Asset Management Switzerland SA now owns 226,932 shares of the Internet television network’s stock worth $21,820,000 after purchasing an additional 25,622 shares during the period. Finally, Waverly Advisors LLC lifted its position in Netflix by 140.4% in the first quarter. Waverly Advisors LLC now owns 257,549 shares of the Internet television network’s stock worth $24,763,000 after purchasing an additional 150,395 shares during the period. Institutional investors own 80.93% of the company’s stock.
Insider Activity at Netflix
In related news, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the completion of the transaction, the chief executive officer owned 120,931 shares in the company, valued at approximately $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Spencer Adam Neumann sold 9,253 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $88.95, for a total transaction of $823,054.35. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $6,563,353.65. This trade represents a 11.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 899,839 shares of company stock worth $80,141,661. 1.24% of the stock is owned by company insiders.
Trending Headlines about Netflix
- Positive Sentiment: Netflix’s expanding global content strategy, including local-language hits and major franchises, is helping broaden engagement and could support more durable revenue growth. Netflix’s Global Content Strategy Expands: Is Growth More Durable?
- Positive Sentiment: Some analysts and commentators are arguing the post-earnings selloff may have made NFLX more of a value opportunity than a growth stock, which could attract bargain hunters. Netflix (NFLX) Stock Has Become a Value Play Post Q2
- Neutral Sentiment: Netflix remains a central topic in streaming ETF discussions after its Q2 results, as investors weigh whether the company’s growth profile is still strong enough to support the broader streaming trade. ETFs in Spotlight Following Netflix’s Q2 Earnings Beat & Weak ’26 View
- Neutral Sentiment: Market commentary continues to frame Netflix as a company with strong fundamentals but challenged sentiment, with the stock still trading near recent lows. What’s Going on With Netflix Stock?
- Negative Sentiment: Investors are worried that slowing growth, weaker guidance, and rich valuation could limit upside for NFLX despite higher revenue and profit. Losing Wall Street binge premium! Why are Netflix shares in a freefall this year?
- Negative Sentiment: Competitive pressure is still a concern, with YouTube’s strong ad growth renewing questions about whether Netflix can maintain its lead in video entertainment monetization. Alphabet-Owned YouTube Ad Sales Hit a Record $11.06 Billion. Is YouTube Dangerously Close to Surpassing Netflix in Revenue?
Wall Street Analyst Weigh In
NFLX has been the topic of a number of analyst reports. Needham & Company LLC reissued a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Bank of America reaffirmed a “buy” rating and set a $125.00 price objective on shares of Netflix in a report on Monday, May 18th. Guggenheim set a $75.00 price objective on Netflix and gave the company a “buy” rating in a research note on Friday, July 17th. Wedbush dropped their target price on Netflix from $118.00 to $105.00 and set an “outperform” rating for the company in a report on Friday, July 17th. Finally, Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Four research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seventeen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $103.48.
Check Out Our Latest Stock Report on NFLX
Netflix Trading Up 1.7%
Shares of NASDAQ NFLX opened at $70.09 on Friday. Netflix, Inc. has a 1-year low of $65.08 and a 1-year high of $126.71. The company has a 50-day moving average of $78.34 and a two-hundred day moving average of $86.05. The company has a market cap of $291.85 billion, a PE ratio of 22.06, a P/E/G ratio of 0.88 and a beta of 1.52. The company has a current ratio of 1.14, a quick ratio of 1.41 and a debt-to-equity ratio of 0.39.
Netflix (NASDAQ:NFLX – Get Free Report) last issued its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, beating 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 quarter in the prior year, the firm posted $0.72 earnings per share. The firm’s revenue for the quarter was up 13.4% compared to the same quarter last year. As a group, equities analysts expect that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.
Netflix 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.
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