Netflix, Inc. $NFLX Shares Purchased by NEOS Investment Management LLC

NEOS Investment Management LLC raised its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 10.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,229,620 shares of the Internet television network’s stock after purchasing an additional 300,145 shares during the period. Netflix comprises about 0.9% of NEOS Investment Management LLC’s portfolio, making the stock its 21st largest holding. NEOS Investment Management LLC owned approximately 0.08% of Netflix worth $230,595,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Shepherd Street Advisors LLC bought a new stake in shares of Netflix during the fourth quarter valued at about $2,216,000. University of Texas Texas AM Investment Management Co. lifted its holdings in Netflix by 798.5% in the fourth quarter. University of Texas Texas AM Investment Management Co. now owns 42,542 shares of the Internet television network’s stock worth $3,989,000 after purchasing an additional 37,807 shares during the period. New Mexico Educational Retirement Board grew its position in Netflix by 900.0% in the 4th quarter. New Mexico Educational Retirement Board now owns 192,210 shares of the Internet television network’s stock valued at $18,022,000 after buying an additional 172,989 shares in the last quarter. Ritholtz Wealth Management grew its position in Netflix by 25.0% in the 1st quarter. Ritholtz Wealth Management now owns 106,451 shares of the Internet television network’s stock valued at $10,235,000 after buying an additional 21,260 shares in the last quarter. Finally, Natixis Advisors LLC increased its stake in Netflix by 797.3% during the 4th quarter. Natixis Advisors LLC now owns 4,989,919 shares of the Internet television network’s stock valued at $467,854,000 after buying an additional 4,433,837 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Advertising growth is becoming a key bullish catalyst. Netflix’s ad-supported business is gaining momentum through advertiser additions, programmatic buying and AI-powered tools. Continued execution could provide a new revenue and profit-growth engine and support further stock recovery. Netflix Stock Rebound Fuels Ad Growth Talk: A Sign of More Upside?
• Positive Sentiment: Recent performance has renewed investor interest. Netflix gained about 13% in August after reaching a 52-week low, while several commentary pieces describe the shares as attractively valued and identify a potentially ongoing “second monetization cycle.” Why Netflix Stock Gained 13% in August
• Positive Sentiment: Analyst sentiment remains supportive. Wall Street’s generally bullish recommendations and the view that NFLX can rebound after underperforming the S&P 500 are helping sustain the recovery narrative. Is It Worth Investing in Netflix Based on Wall Street’s Bullish Views?
• Positive Sentiment: Content and partnership reach remain strategic strengths. A GTA VI trailer generated 31.1 million Netflix views despite being available exclusively for only six hours, highlighting the platform’s distribution power. A Stella Artois tie-in for The Gentlemen also demonstrates Netflix’s expanding brand-partnership potential. A Video Game Trailer Was Netflix’s Most-Watched English Film
• Neutral Sentiment: Acquisition speculation is driving attention but not yet value. Netflix is reportedly considering several streaming targets after losing a bid for a major media company. Regulatory hurdles, controlling shareholders and high valuations make a transaction uncertain. Netflix’s Acquisition Wishlist
• Negative Sentiment: Investors remain concerned about growth and competition. Netflix’s roughly 325 million subscribers provide scale, but slowing growth and pressure from short-form video platforms could limit upside. The stock’s underperformance versus the broader market is also keeping sentiment cautious. Netflix: A Streaming Giant at a Rare Discount?

Analysts Set New Price Targets

A number of analysts have commented on NFLX shares. Wolfe Research restated an “outperform” rating and set a $95.00 price target (up from $84.00) on shares of Netflix in a research report on Tuesday, August 25th. China Renaissance decreased their price objective on shares of Netflix from $100.00 to $80.00 and set a “hold” rating for the company in a report on Friday, July 17th. Morgan Stanley reiterated an “overweight” rating and set a $90.00 price objective (down from $115.00) on shares of Netflix in a research note on Tuesday, July 14th. Seaport Research Partners cut Netflix from a “buy” rating to a “neutral” rating in a report on Monday, July 20th. Finally, UBS Group cut their target price on Netflix from $130.00 to $115.00 and set a “buy” rating for the company in a research report on Friday, July 17th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, sixteen have given 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 target price of $96.65.

Insider Buying and Selling

In other news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $73.54, for a total transaction of $2,008,524.48. Following the completion of the sale, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at $8,893,265.74. This trade represents a 18.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Theodore A. Sarandos sold 105,850 shares of Netflix stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $73.03, for a total value of $7,730,225.50. Following the completion of the transaction, the chief executive officer owned 206,266 shares in the company, valued at $15,063,605.98. The trade was a 33.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Insiders have sold 213,595 shares of company stock valued at $15,812,072 in the last three months. Insiders own 1.24% of the company’s stock.

Netflix Stock Performance

Shares of NFLX opened at $82.67 on Friday. The firm’s 50 day moving average is $75.43 and its 200-day moving average is $84.44. The stock has a market capitalization of $344.23 billion, a P/E ratio of 26.02, a P/E/G ratio of 1.16 and a beta of 1.53. 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 $126.71.

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

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.