Netflix, Inc. $NFLX Stock Sold by IVC Wealth Advisors LLC

IVC Wealth Advisors LLC lowered its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 65.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,694 shares of the Internet television network’s stock after selling 8,704 shares during the period. IVC Wealth Advisors LLC’s holdings in Netflix were worth $327,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Clal Insurance Enterprises Holdings Ltd purchased a new position in Netflix during the second quarter valued at approximately $26,000. Sawyer & Company Inc purchased a new stake in Netflix in the 3rd quarter worth approximately $27,000. Compound Global Advisors LLC purchased a new stake in Netflix in the 2nd quarter worth approximately $29,000. Burnham & Co LLC bought a new position in Netflix in the 2nd quarter valued at $29,000. Finally, Bayban boosted its holdings in Netflix by 400.0% in the 1st quarter. Bayban now owns 350 shares of the Internet television network’s stock valued at $34,000 after purchasing an additional 280 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

NFLX has been the subject of a number of recent analyst reports. Bank of America reduced their price target on shares of Netflix from $105.00 to $90.00 and set a “buy” rating for the company in a research report on Wednesday, October 21st. Wolfe Research downgraded Netflix from an “outperform” rating to a “peer perform” rating in a research report on Thursday. Guggenheim lowered their price objective on Netflix from $80.00 to $78.00 and set a “buy” rating on the stock in a research report on Wednesday, October 21st. Needham & Company LLC lowered Netflix from a “buy” rating to a “hold” rating in a research note on Wednesday, October 21st. Finally, Evercore restated an “outperform” rating and set a $90.00 target price on shares of Netflix in a research report on Wednesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, Netflix presently has a consensus rating of “Moderate Buy” and an average price target of $89.59.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix delivered a solid Q3 financial performance, exceeding consensus EPS estimates, expanding margins to a record level, and growing revenue year over year. The company’s sizable share-buyback activity may also support per-share results. Netflix Just Posted a Record Margin
• Positive Sentiment: Analysts noted that international revenue trends and wider margins could provide a foundation for a recovery, while some investors view the post-earnings selloff as a potential buying opportunity. International Revenue Trends
• Neutral Sentiment: Reported short interest was listed at zero shares, implying no measurable short-interest ratio. The figure may reflect a reporting or data issue and offers little actionable insight for investors.
• Neutral Sentiment: Netflix is undergoing a major content and leadership shake-up, including the departure of senior executives and roughly 1,000 job cuts. Management appears to be repositioning the company to improve content performance and regain viewing share. Netflix Content Leadership Changes
• Negative Sentiment: Investors were disappointed that guidance implied approximately 13% annual revenue growth and reportedly included a weaker fourth-quarter outlook and reduced expectations for 2026 advertising revenue. The market viewed the outlook as insufficient for Netflix’s valuation. Netflix Post-Earnings Dip
• Negative Sentiment: Engagement and watch-hour trends have become the primary overhang. Co-CEO Greg Peters acknowledged that U.S. engagement can improve, raising concerns that Netflix is losing attention to YouTube, artificial intelligence-driven content, and short-form video. Netflix U.S. Engagement Concerns

Insider Buying and Selling at Netflix

In other Netflix news, CEO Theodore Sarandos sold 105,850 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $73.03, for a total transaction of $7,730,225.50. Following the transaction, the chief executive officer directly owned 206,266 shares in the company, valued at $15,063,605.98. This trade represents a 33.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 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, CEO Gregory Peters sold 27,312 shares of Netflix stock in a transaction that occurred 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 transaction, the chief executive officer directly owned 120,931 shares in the company, valued at $8,893,265.74. This trade represents a 18.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 179,045 shares of company stock valued at $13,132,194. 1.24% of the stock is currently owned by corporate insiders.

Netflix Price Performance

NFLX opened at $63.90 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $262.39 billion, a P/E ratio of 18.47, a PEG ratio of 0.96 and a beta of 1.62. The stock has a 50-day moving average price of $74.27 and a 200-day moving average price of $82.27. Netflix, Inc. has a 12-month low of $62.86 and a 12-month high of $116.73.

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