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

Sunbelt Securities Inc. lifted its position in Netflix, Inc. (NASDAQ:NFLX) by 34.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,112 shares of the Internet television network’s stock after purchasing an additional 13,083 shares during the period. Sunbelt Securities Inc.’s holdings in Netflix were worth $4,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its stake 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. State Street Corp increased its stake in shares of Netflix by 927.6% in the 4th quarter. State Street Corp now owns 176,780,995 shares of the Internet television network’s stock valued at $16,574,986,000 after purchasing an additional 159,578,053 shares in the last quarter. Geode Capital Management LLC raised its holdings in Netflix by 892.0% in the 4th quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock worth $9,305,336,000 after purchasing an additional 89,558,684 shares during the period. Capital World Investors raised its holdings in Netflix by 859.1% in the 4th quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock worth $8,376,656,000 after purchasing an additional 80,025,890 shares during the period. Finally, Morgan Stanley boosted its position in Netflix by 903.0% during the fourth quarter. Morgan Stanley now owns 85,349,973 shares of the Internet television network’s stock worth $8,002,414,000 after purchasing an additional 76,840,318 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have commented on NFLX shares. Oppenheimer set a $85.00 price objective on Netflix and gave the company an “outperform” rating in a report on Friday, July 17th. Phillip Securities upgraded Netflix from a “moderate buy” rating to a “strong-buy” rating in a research report on Sunday, July 19th. Jefferies Financial Group dropped their price target on shares of Netflix from $128.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, June 10th. DZ Bank restated a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Finally, New Street Research upped their price objective 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 given a Buy rating, seventeen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $103.48.

Key Headlines Impacting 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

Insider Buying and Selling at Netflix

In other news, Director Bradford L. Smith sold 35,990 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total value of $2,789,944.80. Following the transaction, the director directly owned 79,690 shares of the company’s stock, valued at approximately $6,177,568.80. This trade represents a 31.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the transaction, the chief executive officer owned 120,931 shares in the company, valued at $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 899,839 shares of company stock valued at $80,141,661. 1.24% of the stock is owned by company insiders.

Netflix Stock Performance

Shares of NASDAQ:NFLX opened at $72.39 on Wednesday. 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 1 year low of $65.08 and a 1 year high of $126.71. The firm has a market capitalization of $301.43 billion, a PE ratio of 22.79, a P/E/G ratio of 0.88 and a beta of 1.52. The business’s 50 day moving average price is $77.61 and its 200-day moving average price is $85.74.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data 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. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The firm had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. During the same period in the prior year, the company earned $0.72 EPS. The firm’s revenue was up 13.4% compared to the same quarter last year. As a group, equities research analysts expect that Netflix, Inc. will post 3.59 earnings per share 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.