Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 6.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 302,182 shares of the Internet television network’s stock after acquiring an additional 18,837 shares during the quarter. Netflix makes up approximately 1.1% of Mirae Asset Global Investments Co. Ltd.’s portfolio, making the stock its 10th biggest position. Mirae Asset Global Investments Co. Ltd. owned 0.07% of Netflix worth $362,292,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Ballentine Partners LLC raised its position in Netflix by 1.6% in the third quarter. Ballentine Partners LLC now owns 6,912 shares of the Internet television network’s stock valued at $8,287,000 after purchasing an additional 108 shares during the last quarter. RAM Investment Partners LLC increased its stake in shares of Netflix by 2.7% in the third quarter. RAM Investment Partners LLC now owns 578 shares of the Internet television network’s stock valued at $693,000 after buying an additional 15 shares during the period. Rockline Wealth Management LLC increased its stake in shares of Netflix by 11.2% in the third quarter. Rockline Wealth Management LLC now owns 4,818 shares of the Internet television network’s stock valued at $5,776,000 after buying an additional 487 shares during the period. Federated Hermes Inc. raised its holdings in Netflix by 3.7% in the 3rd quarter. Federated Hermes Inc. now owns 176,106 shares of the Internet television network’s stock valued at $211,137,000 after buying an additional 6,347 shares during the last quarter. Finally, Tobias Financial Advisors Inc. boosted its position in Netflix by 8.2% during the 3rd quarter. Tobias Financial Advisors Inc. now owns 500 shares of the Internet television network’s stock worth $600,000 after buying an additional 38 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.
Netflix Stock Down 1.7%
Shares of NASDAQ:NFLX opened at $83.16 on Friday. Netflix, Inc. has a 52-week low of $81.93 and a 52-week high of $134.12. The business’s 50 day simple moving average is $94.18 and its two-hundred day simple moving average is $110.14. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.33 and a current ratio of 1.19. The firm has a market cap of $351.11 billion, a P/E ratio of 32.91, a PEG ratio of 1.50 and a beta of 1.71.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on NFLX shares. Moffett Nathanson dropped their price target on shares of Netflix from $140.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, January 21st. Arete Research raised their target price on Netflix from $83.30 to $108.40 and gave the stock a “neutral” rating in a research report on Tuesday, October 28th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Netflix in a report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $98.00 price target (up previously from $95.00) on shares of Netflix in a research note on Wednesday, January 21st. Finally, BMO Capital Markets lowered their price objective on Netflix from $143.00 to $135.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating and seventeen have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $116.17.
Get Our Latest Report on Netflix
Insiders Place Their Bets
In other Netflix news, CEO Gregory K. Peters sold 20,270 shares of Netflix stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $109.57, for a total transaction of $2,220,943.36. Following the completion of the transaction, the chief executive officer owned 127,810 shares in the company, valued at approximately $14,003,886.08. The trade was a 13.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Reed Hastings sold 426,290 shares of the stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $91.67, for a total value of $39,078,004.30. Following the completion of the sale, the director directly owned 3,940 shares of the company’s stock, valued at approximately $361,179.80. This trade represents a 99.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,249,859 shares of company stock worth $127,861,418 in the last 90 days. Company insiders own 1.37% of the company’s stock.
Netflix News Summary
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Freedom Capital upgraded NFLX from Hold to Strong Buy, signaling buy-side interest from a retail/independent shop. Read More.
- Positive Sentiment: Ark Invest has been adding Netflix shares amid the WBD deal uncertainty — a high-profile buyer that can support the stock and signal conviction to other growth-focused funds. Read More.
- Positive Sentiment: Analysts and market commentators (Loop Capital, UBS, Baird, Wedbush cited) are re-embracing a recovery case after Q4 beats; MarketBeat argues the stock may have set a low and could rally if the post-earnings support holds. Read More.
- Neutral Sentiment: Q4 results were fundamentally solid — revenue and EPS beat, margin/FCF strength — but guidance and the overhang from the WBD acquisition left investors wanting more clarity; that mix explains muted upside despite the beat. Read More.
- Negative Sentiment: The amended WBD acquisition continues to be the main overhang: analysts warn the deal could pressure the balance sheet, require more cash, and invite regulatory/financing costs — creating near-term execution and leverage risk. Read More.
- Negative Sentiment: Some large investors are expressing concern — Polen Focus Growth exited NFLX citing regulatory and leverage worries — a signal that institutional flows could turn negative if deal risk intensifies. Read More.
- Negative Sentiment: Bearish takes and valuation fears persist: pieces arguing “Netflix has further to fall” and coverage asking whether the stock is a trap keep selling pressure and limit near-term multiple expansion. Read More.
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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