Netflix, Inc. $NFLX Shares Acquired by Sunbelt Securities Inc.

Sunbelt Securities Inc. lifted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 34.4% during the 1st quarter, Holdings Channel reports. The fund owned 51,112 shares of the Internet television network’s stock after buying an additional 13,083 shares during the quarter. Sunbelt Securities Inc.’s holdings in Netflix were worth $4,914,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of NFLX. Checchi Capital Advisers LLC lifted its holdings in Netflix by 875.7% during the 4th quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network’s stock worth $2,920,000 after buying an additional 27,951 shares during the last quarter. BNC Wealth Management LLC boosted its position in shares of Netflix by 991.3% during the 4th quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network’s stock worth $3,866,000 after acquiring an additional 37,451 shares in the last quarter. Crew Capital Management Ltd increased its holdings in shares of Netflix by 1,021.9% in the 4th quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network’s stock valued at $847,000 after acquiring an additional 8,226 shares during the last quarter. Family Capital Trust Co increased its holdings in shares of Netflix by 20,869.5% in the 4th quarter. Family Capital Trust Co now owns 27,470 shares of the Internet television network’s stock valued at $2,576,000 after acquiring an additional 27,339 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in shares of Netflix by 912.5% during the 4th quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock worth $36,567,805,000 after acquiring an additional 351,493,659 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Buying and Selling at Netflix

In related news, Director Bradford L. Smith sold 35,990 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total value of $2,789,944.80. Following the sale, the director owned 79,690 shares of the company’s stock, valued at approximately $6,177,568.80. This represents a 31.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 sale, the chief financial officer owned 73,787 shares in the company, valued at $6,563,353.65. This represents 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 899,839 shares of company stock worth $80,141,661. Insiders own 1.24% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on NFLX. DZ Bank restated a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Sanford C. Bernstein set a $95.00 target price on Netflix and gave the company an “outperform” rating in a research report on Friday, July 17th. Rosenblatt Securities set a $75.00 price target on Netflix and gave the stock a “neutral” rating in a research note on Friday, July 17th. Weiss Ratings lowered Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 26th. Finally, New Street Research upped their price target on shares of Netflix from $96.00 to $102.00 in a research report on Friday, April 17th. Four research 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 issued a Sell rating to the company’s stock. According to MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and a consensus price target of $103.48.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Canada’s government appears poised to scrap an entertainment levy affecting companies including Netflix, potentially removing a regulatory cost and easing tensions with U.S. officials and Hollywood studios. Netflix Tax Will Soon Be Scrapped, Canada Hints in Court Filing
• Positive Sentiment: Several analysts and commentators view the roughly 25% decline from recent levels—and more than 40% drop from the highs—as excessive, arguing that Netflix is now valued more attractively relative to its history. They cite strong profitability, share buybacks, advertising growth and potential AI-related advantages as reasons the stock could recover. Netflix Is Betting Billions That AI Will Strengthen Its Business
• Positive Sentiment: Options activity and investor commentary indicate that bullish traders are still positioning for a rebound after the earnings-driven decline, suggesting the selloff has attracted dip buyers. Call Traders Aren’t Giving Up on Netflix Stock
• Neutral Sentiment: Former LVMH CEO Bernard Arnault said he regrets selling his early Netflix investment too soon. The comments reinforce Netflix’s long-term wealth-creation history but are unlikely to affect near-term fundamentals. Bernard Arnault Regrets Selling His Early Netflix Stake
• Negative Sentiment: The primary overhang remains disappointing third-quarter guidance, which overshadowed an otherwise solid second-quarter report and contributed to the sharp post-earnings selloff. Analysts also caution that Netflix has fewer obvious avenues to accelerate earnings growth.
• Negative Sentiment: Altimetry argues Netflix may still not be cheap because its valuation assumes sustained high profitability and continued growth despite intensifying competition from Disney, Paramount Skydance, YouTube, short-form video and AI-generated content. 3 Stocks Standing Out and 2 Losing Momentum

Netflix Trading Up 2.8%

NASDAQ:NFLX opened at $72.39 on Wednesday. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $126.71. The stock has a fifty day moving average price of $77.61 and a two-hundred day moving average price of $85.74. The stock has a market capitalization of $301.43 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 0.88 and a beta of 1.52.

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

Netflix Company 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.