Netflix, Inc. $NFLX Stock Sold by BDF Gestion

BDF Gestion reduced its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 11.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 65,917 shares of the Internet television network’s stock after selling 8,359 shares during the quarter. BDF Gestion’s holdings in Netflix were worth $4,587,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NFLX. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Netflix in the second quarter valued at about $26,000. Compound Global Advisors LLC acquired a new position in Netflix in the 2nd quarter worth approximately $29,000. Burnham & Co LLC acquired a new position in Netflix in the 2nd quarter worth approximately $29,000. Merkkuri Wealth Advisors LLC acquired a new position in Netflix in the 1st quarter worth approximately $31,000. Finally, Bayban raised its position in Netflix by 400.0% during the 1st quarter. Bayban now owns 350 shares of the Internet television network’s stock worth $34,000 after buying an additional 280 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Wall Street analysts remain broadly constructive on Netflix, and Jefferies initiated coverage with a Buy rating and an $85 price target, citing pricing power, advertising growth and live sports as potential catalysts. Jefferies Makes a Bold $85 Call on Netflix Stock
• Positive Sentiment: Netflix is targeting approximately $3 billion in advertising revenue in 2026, while nearly doubled upfront commitments suggest improving advertiser demand and monetization potential. Can Ad-Supported Streaming Momentum Boost Netflix’s Q3 Results?
• Neutral Sentiment: Third-quarter results are expected to show year-over-year growth in revenue and earnings, but options markets imply a potentially large post-earnings move. Investors will focus on subscriber trends, viewing hours, advertising progress and management’s outlook. Options Volatility and Implied Earnings Moves This Week
• Negative Sentiment: Reports indicate viewer engagement has fallen about 26%, raising concerns that Netflix may be struggling to sustain attention despite its large subscriber base. Slower view-hour growth could undermine the company’s advertising expansion and valuation. Netflix faces questions on user engagement ahead of third-quarter report
• Negative Sentiment: Netflix’s decision to eliminate roughly 1,000 jobs, or 6% of its workforce, alongside replacing content chief Bela Bajaria with Peter Rice, has intensified concerns about its content pipeline, leadership direction and employee morale. Netflix Replaces Bela Bajaria With Peter Rice As Content Chief
• Negative Sentiment: Some analysts have lowered price targets ahead of earnings, while investors cite membership churn, a weaker content calendar and the cost of live sports as risks. These issues are offsetting the bullish ratings and contributing to cautious trading before the report.

Analyst Upgrades and Downgrades

Several brokerages have commented on NFLX. Wells Fargo & Company cut shares of Netflix from a “neutral” rating to an “underweight” rating and decreased their price objective for the company from $80.00 to $57.00 in a research note on Friday, September 18th. CICC Research decreased their target price on shares of Netflix from $110.00 to $90.00 and set an “outperform” rating for the company in a research report on Tuesday, July 21st. Robert W. Baird set a $90.00 price target on shares of Netflix and gave the company an “outperform” rating in a report on Wednesday, July 22nd. Jefferies Financial Group set a $85.00 price target on Netflix and gave the stock a “buy” rating in a research report on Thursday. Finally, UBS Group reduced their price objective on Netflix from $130.00 to $115.00 and set a “buy” rating for the company in a research note on Friday, July 17th. Three research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $93.38.

Netflix Price Performance

NFLX stock traded down $1.01 during mid-day trading on Monday, reaching $69.52. 14,879,642 shares of the company’s stock were exchanged, compared to its average volume of 42,129,117. The company has a market cap of $289.46 billion, a price-to-earnings ratio of 21.88, a price-to-earnings-growth ratio of 1.00 and a beta of 1.62. The stock’s 50 day moving average is $75.17 and its 200 day moving average is $80.57. 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, Inc. has a 12-month low of $65.08 and a 12-month high of $124.86.

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

Insider Transactions at Netflix

In related news, CEO Gregory Peters sold 27,312 shares of the business’s stock in a transaction 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 sale, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider David Hyman sold 5,723 shares of Netflix stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total transaction of $416,920.55. Following the completion of the sale, the insider owned 316,100 shares in the company, valued at approximately $23,027,885. This trade represents a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 179,045 shares of company stock worth $13,132,194 in the last ninety days. Company insiders own 1.24% of the company’s stock.

About Netflix

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.