Lombard Odier Asset Management Europe Ltd Sells 100,380 Shares of Netflix, Inc. $NFLX

Lombard Odier Asset Management Europe Ltd decreased its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 83.9% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,320 shares of the Internet television network’s stock after selling 100,380 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Netflix were worth $1,858,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Checchi Capital Advisers LLC raised its holdings in shares of Netflix by 875.7% in the 4th quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network’s stock valued at $2,920,000 after purchasing an additional 27,951 shares in the last quarter. BNC Wealth Management LLC lifted its position in shares of Netflix by 991.3% in the 4th quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network’s stock worth $3,866,000 after purchasing an additional 37,451 shares during the period. Family Capital Trust Co boosted its stake in shares of Netflix by 20,869.5% during the fourth quarter. Family Capital Trust Co now owns 27,470 shares of the Internet television network’s stock valued at $2,576,000 after purchasing an additional 27,339 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Netflix by 912.5% during the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock valued at $36,567,805,000 after purchasing an additional 351,493,659 shares in the last quarter. Finally, BLB&B Advisors LLC increased its holdings in Netflix by 617.4% during the fourth quarter. BLB&B Advisors LLC now owns 60,635 shares of the Internet television network’s stock valued at $5,685,000 after buying an additional 52,183 shares during the period. Institutional investors own 80.93% of the company’s stock.

Insider Activity at Netflix

In other news, Director Bradford L. Smith sold 35,990 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the sale, the director directly owned 79,690 shares of the company’s stock, valued at $6,177,568.80. The trade was a 31.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Adam Neumann sold 9,253 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. The trade was a 11.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 459,255 shares of company stock valued at $39,279,899. 1.24% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages recently commented on NFLX. HSBC boosted their price objective on shares of Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Needham & Company LLC reiterated a “buy” rating on shares of Netflix in a report on Friday, April 17th. Bank of America reissued a “buy” rating and issued a $125.00 price target on shares of Netflix in a research report on Monday, May 18th. Robert W. Baird set a $90.00 price objective on Netflix and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Finally, China Intl Cap raised Netflix to a “strong-buy” rating in a research report on Tuesday, July 21st. Four analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $103.48.

Netflix Stock Performance

Shares of Netflix stock opened at $73.33 on Tuesday. The company has a 50 day moving average price of $76.36 and a 200 day moving average price of $85.26. The firm has a market capitalization of $305.34 billion, a P/E ratio of 23.08, a PEG ratio of 0.90 and a beta of 1.52. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. Netflix, Inc. has a 52 week low of $65.08 and a 52 week high of $126.71.

Netflix (NASDAQ:NFLX) last released its earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The company had revenue of $12.56 billion for the quarter, compared to the consensus estimate of $12.58 billion. During the same quarter in the previous year, the firm earned $0.72 EPS. Netflix’s revenue was up 13.4% compared to the same quarter last year. Sell-side analysts expect that Netflix, Inc. will post 3.59 EPS for the current year.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s lower valuation and aggressive stock repurchases are supporting the view that the sell-off may have been excessive. Analysts cited in the report remain broadly bullish despite concerns about moderating growth. Netflix’s Big Sell-Off May Be Sending the Wrong Signal
• Positive Sentiment: A Fundsmith investor letter argues that difficulties facing rival streaming services highlight Netflix’s strong competitive moat, potentially reinforcing its long-term pricing power and customer retention. Rivals’ Loss Signals Netflix’s Strong Moat
• Positive Sentiment: Another analyst-focused report says NFLX is becoming attractive as the share price declines, with Netflix’s scale, recurring subscription revenue and potential in advertising, gaming and video podcasting providing longer-term upside. NFLX Stock Looks Attractive Even as Growth Slows
• Neutral Sentiment: Coverage of Netflix’s buyback history explains how repurchases can support earnings per share and signal management confidence, but it does not announce a new buyback catalyst. Netflix’s Stock Buybacks: History & Impact Explained
• Negative Sentiment: Netflix’s latest quarter slightly exceeded EPS expectations, but revenue was just below consensus and growth concerns triggered a steep post-earnings decline. The stock remains well below its 52-week high, reflecting investor skepticism about near-term momentum.
• Negative Sentiment: Potential growth initiatives such as gaming and video podcasting are viewed as promising but unlikely to materially improve results immediately. A paused Paramount–Warner Bros. transaction also removes a possible industry catalyst, even though avoiding the deal may reduce execution risk. With Paramount’s Acquisition of Warner Bros. on Hold and Netflix Down 38%, Is Netflix Stock Finally a Buy?

About Netflix

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.