Netflix, Inc. $NFLX Stock Position Lowered by Fisher Asset Management LLC

Fisher Asset Management LLC trimmed its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 0.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 20,298,384 shares of the Internet television network’s stock after selling 116,928 shares during the period. Fisher Asset Management LLC’s holdings in Netflix were worth $1,412,362,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Financial Avengers Inc. raised its position in Netflix by 9.8% during the first quarter. Financial Avengers Inc. now owns 1,290 shares of the Internet television network’s stock valued at $124,000 after buying an additional 115 shares during the period. Wisconsin Wealth Advisors LLC lifted its stake in Netflix by 2.6% in the 2nd quarter. Wisconsin Wealth Advisors LLC now owns 5,324 shares of the Internet television network’s stock worth $380,000 after acquiring an additional 136 shares in the last quarter. Alternative Investment Advisors LLC. boosted its position in Netflix by 4.8% during the 2nd quarter. Alternative Investment Advisors LLC. now owns 3,230 shares of the Internet television network’s stock worth $231,000 after acquiring an additional 147 shares during the period. Boyce & Associates Wealth Consulting Inc. boosted its position in Netflix by 3.7% during the 3rd quarter. Boyce & Associates Wealth Consulting Inc. now owns 4,170 shares of the Internet television network’s stock worth $290,000 after acquiring an additional 150 shares during the period. Finally, Monument Capital Management boosted its position in Netflix by 1.4% during the 3rd quarter. Monument Capital Management now owns 10,912 shares of the Internet television network’s stock worth $759,000 after acquiring an additional 151 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Netflix

In other Netflix news, CEO Theodore A. Sarandos sold 27,312 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $66.20, for a total value of $1,808,054.40. Following the sale, the chief executive officer owned 178,954 shares of the company’s stock, valued at $11,846,754.80. This trade represents a 13.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 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 the firm’s stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $63.62, for a total value of $1,737,589.44. Following the completion of the sale, the chief executive officer directly owned 119,412 shares in the company, valued at $7,596,991.44. This trade represents a 18.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 89,024 shares of company stock worth $5,788,733 in the last ninety days. 1.24% of the stock is owned by insiders.

Netflix Stock Down 2.9%

NFLX opened at $62.69 on Friday. The business has a 50 day moving average price of $69.59 and a 200 day moving average price of $80.54. Netflix, Inc. has a twelve month low of $61.39 and a twelve month high of $116.73. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a market cap of $257.43 billion, a P/E ratio of 18.12, a price-to-earnings-growth ratio of 0.94 and a beta of 1.62.

Netflix (NASDAQ:NFLX) last released 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. The company had revenue of $12.87 billion during the quarter, compared to analysts’ expectations of $12.87 billion. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The business’s quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.59 earnings per share. Research analysts forecast that Netflix, Inc. will post 3.59 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on NFLX shares. Piper Sandler reiterated an “overweight” rating and issued a $78.00 target price (down from $85.00) on shares of Netflix in a report on Wednesday, October 21st. Citizens Jmp restated a “market perform” rating on shares of Netflix in a report on Wednesday, October 21st. Rosenblatt Securities set a $71.00 price target on shares of Netflix and gave the stock a “neutral” rating in a report on Wednesday, October 21st. Jefferies Financial Group set a $85.00 price objective on shares of Netflix and gave the company a “buy” rating in a research report on Thursday, October 15th. Finally, Loop Capital dropped their price objective on shares of Netflix from $115.00 to $95.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $89.14.

Latest Netflix News

Here’s some of the latest news about NFLX:

• Positive Sentiment: Netflix’s strong cash generation and a packed holiday release schedule could support growth. The company expects about $12 billion in free cash flow for 2026, although the outlook is being tested by higher content spending. Article: Will Content Capex Weigh on Netflix’s Free Cash Flow Trajectory?
• Neutral Sentiment: Following a sharp decline, NFLX trades at under 18 times earnings, which may appeal to value-focused investors; the low multiple also reflects concerns about the company’s growth outlook. Article: Netflix trades under 18x earnings after a steep valuation reset
• Negative Sentiment: Investors remain concerned about slowing engagement, YouTube competition and rising content costs. Coverage says these pressures have eroded confidence and contributed to Netflix shares losing ground from their 2025 peak. Article: Netflix Wipes Out Five Years of Gains

Netflix Company Profile

Netflix, Inc. is an entertainment company that offers subscription-based streaming of television series, films, documentaries and other programming. Its service also includes mobile games and, in some markets, advertising-supported viewing plans. Netflix produces and licenses content, including titles made under its Netflix brand. Founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental business, the company launched its streaming service in 2007 and later expanded into original programming.