Netflix, Inc. $NFLX Shares Sold by Wellington Management Group LLP

Posted by Geri Gentry on Aug 29th, 2026

Wellington Management Group LLP decreased its position in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 21.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,972,324 shares of the Internet television network’s stock after selling 7,423,913 shares during the period. Wellington Management Group LLP owned about 0.67% of Netflix worth $1,997,224,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Imprint Wealth LLC acquired a new stake in shares of Netflix during the third quarter valued at about $25,000. Cornerstone Financial Management LLC acquired a new position in shares of Netflix in the fourth quarter worth about $26,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Netflix in the second quarter worth about $26,000. Atlas Capital Advisors Inc. acquired a new position in shares of Netflix in the fourth quarter worth about $26,000. Finally, Jessup Wealth Management Inc purchased a new position in Netflix in the fourth quarter valued at about $27,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analyst Ratings Changes

NFLX has been the subject of a number of recent analyst reports. Bank of America restated a “buy” rating and set a $125.00 price objective on shares of Netflix in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft set a $110.00 target price on Netflix in a research report on Monday, July 20th. UBS Group reduced their target price on Netflix from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, July 17th. Rosenblatt Securities set a $75.00 price target on shares of Netflix and gave the stock a “neutral” rating in a research report on Friday, July 17th. Finally, Morgan Stanley restated an “overweight” rating and issued a $90.00 price target (down from $115.00) on shares of Netflix in a research note on Tuesday, July 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $103.19.

Read Our Latest Stock Report on Netflix

Insider Buying and Selling at Netflix

In other Netflix news, CEO Theodore A. Sarandos sold 27,312 shares of Netflix stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $73.35, for a total value of $2,003,335.20. Following the completion of the transaction, the chief executive officer directly owned 178,954 shares in the company, valued at $13,126,275.90. The trade was a 13.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total value of $2,008,524.48. Following the completion of the transaction, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $8,893,265.74. The trade was a 18.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 600,295 shares of company stock worth $49,056,671. 1.24% of the stock is owned by company insiders.

Netflix Stock Up 2.4%

NFLX stock opened at $81.72 on Friday. The firm has a market cap of $340.28 billion, a price-to-earnings ratio of 25.72, a PEG ratio of 1.00 and a beta of 1.52. Netflix, Inc. has a 1-year low of $65.08 and a 1-year high of $126.71. The firm has a fifty day moving average price of $74.65 and a two-hundred day moving average price of $84.33. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14.

Netflix (NASDAQ:NFLX – Get 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 analysts’ consensus estimates of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The company had revenue of $12.56 billion for the quarter, compared to the consensus estimate of $12.58 billion. During the same period last year, the firm posted $0.72 EPS. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. Research analysts predict that Netflix, Inc. will post 3.59 EPS for the current year.

Trending Headlines about Netflix

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

About Netflix

(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.