Netflix, Inc. $NFLX Shares Purchased by ProShare Advisors LLC

ProShare Advisors LLC lifted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 2.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,688,388 shares of the Internet television network’s stock after acquiring an additional 100,265 shares during the period. Netflix accounts for about 0.5% of ProShare Advisors LLC’s investment portfolio, making the stock its 26th largest holding. ProShare Advisors LLC’s holdings in Netflix were worth $326,218,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. American Capital Advisory LLC lifted its stake in Netflix by 0.8% during the first quarter. American Capital Advisory LLC now owns 13,990 shares of the Internet television network’s stock worth $1,345,000 after purchasing an additional 109 shares during the last quarter. CWS Financial Advisors LLC raised its stake in shares of Netflix by 3.2% during the first quarter. CWS Financial Advisors LLC now owns 3,612 shares of the Internet television network’s stock worth $347,000 after buying an additional 112 shares during the last quarter. Warner Group LLC increased its holdings in Netflix by 2.2% in the 1st quarter. Warner Group LLC now owns 5,230 shares of the Internet television network’s stock valued at $503,000 after buying an additional 114 shares during the period. Financial Avengers Inc. grew its position in Netflix by 9.8% during the 1st quarter. Financial Avengers Inc. now owns 1,290 shares of the Internet television network’s stock worth $124,000 after acquiring an additional 115 shares during the last quarter. Finally, PAX Financial Group LLC lifted its holdings in Netflix by 2.5% in the first quarter. PAX Financial Group LLC now owns 4,847 shares of the Internet television network’s stock valued at $466,000 after buying an additional 116 shares during the period. 80.93% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Netflix

In other news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total transaction of $2,008,524.48. Following the transaction, the chief executive officer owned 120,931 shares in the company, valued at $8,893,265.74. This represents a 18.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Bradford L. Smith sold 17,980 shares of the company’s stock in a transaction on Monday, October 26th. The shares were sold at an average price of $64.03, for a total transaction of $1,151,259.40. Following the transaction, the director owned 79,690 shares of the company’s stock, valued at approximately $5,102,550.70. The trade was a 18.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 197,025 shares of company stock worth $14,283,453 over the last ninety days. Insiders own 1.24% of the company’s stock.

Analysts Set New Price Targets

NFLX has been the topic of a number of research analyst reports. China Renaissance cut their target price on Netflix from $100.00 to $80.00 and set a “hold” rating on the stock in a research note on Friday, July 17th. Yorkville Ives initiated coverage on Netflix in a research report on Monday, October 5th. They issued an “in-line” rating and a $75.00 target price for the company. The Goldman Sachs Group set a $84.00 price target on Netflix in a report on Wednesday, October 21st. Citigroup reiterated a “buy” rating and issued a $85.00 price target (down from $100.00) on shares of Netflix in a research report on Wednesday, October 21st. Finally, New Street Research lifted their target price on Netflix from $96.00 to $102.00 and gave the company a “neutral” rating in a research report on Friday, July 17th. Two investment 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 issued a Sell rating to the company’s stock. According to MarketBeat, Netflix has a consensus rating of “Moderate Buy” and an average target price of $89.14.

Netflix Stock Up 0.0%

NFLX stock opened at $62.08 on Friday. Netflix, Inc. has a 12 month low of $61.39 and a 12 month high of $116.73. The company’s 50 day simple moving average is $72.67 and its 200-day simple moving average is $81.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market capitalization of $254.92 billion, a PE ratio of 17.94, a P/E/G ratio of 0.91 and a beta of 1.62.

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

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix repurchased approximately $4.8 billion of stock in the third quarter, signaling that management views the shares as undervalued. The company’s scale, strong margins and ability to spread content costs across a large subscriber base also support the bullish case. Netflix Spent $4.8 Billion Buying Back Stock in 1 Quarter
• Positive Sentiment: Netflix’s latest quarterly earnings exceeded expectations, with earnings per share of $0.87 versus an $0.82 consensus estimate. Revenue rose 11.9% year over year and the company reported a 29.69% net margin, highlighting continued financial strength.
• Neutral Sentiment: Analyst comparisons with Amazon and Walt Disney acknowledge Netflix’s valuable entertainment position, but suggest Amazon’s diversified ecosystem, Prime Video reach and advertising tools—or Disney’s broader media assets—may offer greater upside. Amazon vs. Netflix: Which Stock Is the Better Entertainment Play?
• Neutral Sentiment: Netflix is experimenting with live events and other ways to capture viewers’ attention, while reportedly walking away from an Xbox licensing deal. These strategic moves could create new growth opportunities, but their financial impact remains uncertain. The Battle That May Matter Most for Netflix Stock
• Negative Sentiment: Revenue growth has slowed for three consecutive quarters, and investors remain concerned about disappointing guidance. Reuters reports that the stock has lost about one-third of its value this year as the market reassesses Netflix’s growth outlook. Mapping the Market: More losses in store for Netflix shares?
• Negative Sentiment: Competition for living-room viewing and advertising is intensifying. YouTube’s television advertising business reportedly generated more in one quarter than Netflix’s full-year advertising forecast, raising concerns about Netflix’s ability to scale its newer ad-supported business. YouTube’s Living-Room Business
• Negative Sentiment: Reports that members are watching less, along with criticism that Netflix’s content-discovery experience is weakening its historical selling point, are fueling worries about engagement, retention and future subscriber growth. Insider selling has added another negative signal. Netflix Can’t Lift, Jim Cramer Says

Netflix Company 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.