Foster Victor Wealth Advisors LLC Acquires 23,012 Shares of Netflix, Inc. $NFLX

Foster Victor Wealth Advisors LLC grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 14.4% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 182,788 shares of the Internet television network’s stock after acquiring an additional 23,012 shares during the quarter. Foster Victor Wealth Advisors LLC’s holdings in Netflix were worth $12,768,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vest Financial LLC boosted its stake in shares of Netflix by 2.8% during the 3rd quarter. Vest Financial LLC now owns 82,668 shares of the Internet television network’s stock valued at $5,752,000 after purchasing an additional 2,281 shares in the last quarter. Cantor Fitzgerald Investment Advisors L.P. bought a new position in Netflix in the third quarter worth about $11,936,000. Sage Private Wealth Group LLC raised its stake in Netflix by 371.9% in the third quarter. Sage Private Wealth Group LLC now owns 16,313 shares of the Internet television network’s stock worth $1,135,000 after buying an additional 12,856 shares in the last quarter. Clarity Wealth Advisors LLC raised its stake in Netflix by 7.4% in the third quarter. Clarity Wealth Advisors LLC now owns 11,711 shares of the Internet television network’s stock worth $815,000 after buying an additional 811 shares in the last quarter. Finally, PFS Partners LLC raised its stake in Netflix by 1,265.8% in the third quarter. PFS Partners LLC now owns 10,790 shares of the Internet television network’s stock worth $751,000 after buying an additional 10,000 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported third-quarter EPS of $0.87, above the $0.82 consensus estimate, while revenue of $12.87 billion was essentially in line with expectations. Revenue increased about 12% year over year, operating margin expanded to 34.6%, and net income rose approximately 44%. Netflix Q3 earnings report
• Positive Sentiment: Some analysts remain constructive after the selloff. UBS, JPMorgan, Bank of America, TD Cowen and Guggenheim maintained positive ratings despite lowering price targets, while BMO described the decline as a potential buying opportunity. BMO post-earnings view
• Positive Sentiment: Management expects advertising revenue to grow more than 80% in 2026 and is betting on improved U.S. programming, live events and internationally successful local-language content to increase engagement and improve returns on content spending. Local-language content analysis

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Needham & Company LLC lowered shares of Netflix from a “buy” rating to a “hold” rating in a report on Wednesday. Rothschild & Co Redburn reduced their target price on Netflix from $120.00 to $93.00 and set a “buy” rating on the stock in a report on Tuesday, July 21st. Seaport Research Partners set a $85.00 target price on Netflix in a research report on Wednesday. Robert W. Baird set a $90.00 target price on Netflix and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Finally, Yorkville Ives assumed coverage on Netflix in a research note on Monday, October 5th. They issued an “in-line” rating and a $75.00 target price for the company. Three research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Netflix has an average rating of “Moderate Buy” and an average price target of $89.94.

Insiders Place Their Bets

In other Netflix news, CEO Theodore Sarandos sold 27,312 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $73.35, for a total transaction of $2,003,335.20. Following the completion of the transaction, the chief executive officer owned 178,954 shares of the company’s stock, valued at approximately $13,126,275.90. This trade represents a 13.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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, CFO Spencer Neumann sold 9,248 shares of Netflix stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $75.79, for a total transaction of $700,905.92. Following the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at $5,592,316.73. The trade was a 11.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 179,045 shares of company stock valued at $13,132,194. Insiders own 1.24% of the company’s stock.

Netflix Stock Down 5.3%

NASDAQ:NFLX opened at $65.04 on Thursday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. The firm’s 50-day moving average price is $74.74 and its 200-day moving average price is $79.96. The company has a market capitalization of $270.82 billion, a PE ratio of 18.80, a P/E/G ratio of 0.97 and a beta of 1.62. Netflix, Inc. has a 1-year low of $64.10 and a 1-year high of $116.73.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.05. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The company had revenue of $12.87 billion during the quarter, compared to analysts’ expectations of $12.87 billion. During the same period last year, the company posted $0.59 EPS. Netflix’s revenue was up 11.9% on a year-over-year basis. On average, equities analysts predict that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Netflix Profile

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.