Netflix, Inc. $NFLX Stock Sold by Inscription Capital LLC

Inscription Capital LLC decreased its stake in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 23.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,462 shares of the Internet television network’s stock after selling 12,755 shares during the quarter. Inscription Capital LLC’s holdings in Netflix were worth $2,955,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Netflix during the second quarter valued at approximately $24,902,221,000. State Street Corp lifted its holdings in Netflix by 4.9% in the second 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 period. Bank of America Corp DE boosted its position in Netflix by 4.3% in the 1st 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 purchasing an additional 2,376,349 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Netflix in the 2nd quarter worth approximately $1,906,482,000. Finally, Legal & General Group Plc purchased a new stake in Netflix in the 2nd quarter worth approximately $1,886,526,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

  • Positive Sentiment: Investor Bill Ackman called Netflix “incredibly cheap” after its steep retreat from its 2025 high. The article also notes that year-over-year subscriber churn improved in the third quarter, a positive sign for retention. Article: Bill Ackman on Netflix valuation
  • Positive Sentiment: Barry Diller argued that competitors cannot match Netflix simply by pursuing greater scale. That view reinforces the potential strength of Netflix’s existing position in streaming. Article: Barry Diller’s advice for Hollywood
  • Neutral Sentiment: An insider sold 5,727 shares to cover tax withholding related to vested equity awards and retained 166,100 shares. The stated reason makes the sale less meaningful as a signal about the company’s outlook. SEC filing
  • Negative Sentiment: Netflix’s third-quarter revenue growth cooled to 11.8%, and a one-time $2.8 billion termination fee boosted first-quarter earnings. The distinction between underlying performance and one-off gains may make investors more cautious about growth and earnings quality. Article: Netflix growth and earnings context
  • Negative Sentiment: ETFs were net sellers of Netflix shares on November 3, totaling $13.1 million in net sales. This suggests some near-term institutional selling pressure, though the amount alone does not establish a broader shift in sentiment. Article: ETFs are net sellers of Netflix

Insider Buying and Selling at Netflix

In other news, Director Richard Barton sold 720 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $75.27, for a total transaction of $54,194.40. Following the transaction, the director owned 2,460 shares in the company, valued at $185,164.20. This trade represents a 22.64% 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, insider David Hyman sold 5,727 shares of Netflix stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $64.55, for a total transaction of $369,677.85. Following the completion of the sale, the insider directly owned 166,100 shares in the company, valued at $10,721,755. This represents a 3.33% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 70,960 shares of company stock worth $4,752,050. 1.24% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on NFLX shares. BMO Capital Markets reaffirmed 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. Stephens began coverage on shares of Netflix in a research note on Friday, July 17th. They issued an “overweight” rating for the company. Barclays set a $65.00 price target on shares of Netflix and gave the stock an “equal weight” rating in a report on Wednesday, October 21st. Oppenheimer reissued an “outperform” rating and set a $80.00 price target (down from $85.00) on shares of Netflix in a report on Wednesday, October 21st. Finally, Loop Capital dropped their price target 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. Two analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $89.14.

Check Out Our Latest Stock Analysis on Netflix

Netflix Stock Performance

Shares of NFLX stock opened at $65.56 on Friday. The company has a market capitalization of $269.21 billion, a P/E ratio of 18.95, a P/E/G ratio of 0.97 and a beta of 1.62. The business’s 50 day moving average is $71.36 and its two-hundred day moving average is $81.09. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 12-month low of $61.39 and a 12-month high of $116.73.

Netflix (NASDAQ:NFLX – Get Free Report) last issued its quarterly earnings data on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, beating the consensus estimate of $0.82 by $0.05. The company had revenue of $12.87 billion for the quarter, compared to analyst estimates of $12.87 billion. Netflix had a return on equity of 42.69% and a net margin of 29.69%. Netflix’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period last year, the company earned $0.59 earnings per share. Analysts expect that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Netflix Company Profile

(Free Report)

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.

See Also

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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