Netflix, Inc. $NFLX Stock Sold by SVB Wealth LLC

SVB Wealth LLC cut its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 14.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,489 shares of the Internet television network’s stock after selling 15,905 shares during the period. SVB Wealth LLC’s holdings in Netflix were worth $6,644,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of NFLX. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Netflix in the 2nd quarter worth approximately $26,000. Pathway Financial Advisers LLC purchased a new stake in Netflix during the 3rd quarter valued at $26,000. Sawyer & Company Inc bought a new stake in Netflix in the third quarter worth $27,000. Compound Global Advisors LLC bought a new stake in Netflix in the second quarter worth $29,000. Finally, Burnham & Co LLC purchased a new position in Netflix during the second quarter worth $29,000. 80.93% of the stock is owned by institutional investors.

Netflix Stock Performance

Shares of Netflix stock opened at $62.69 on Friday. The stock’s fifty day moving average is $69.59 and its two-hundred day moving average is $80.54. The company has a market capitalization of $257.43 billion, a PE ratio of 18.12, a price-to-earnings-growth ratio of 0.94 and a beta of 1.62. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 52 week low of $61.39 and a 52 week high of $116.73.

Netflix (NASDAQ:NFLX) last released its earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share 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 business had revenue of $12.87 billion for the quarter, compared to analyst estimates of $12.87 billion. During the same quarter last year, the firm posted $0.59 earnings per share. The business’s revenue was up 11.9% compared to the same quarter last year. As a group, analysts expect that Netflix, Inc. will post 3.59 earnings per share for the current year.

Key Netflix News

Investors following NFLX have been watching these news items:

• Positive Sentiment: Netflix’s strong cash generation and a packed holiday release schedule could support growth. The company expects about $12 billion in free cash flow for 2026, although the outlook is being tested by higher content spending. Article: Will Content Capex Weigh on Netflix’s Free Cash Flow Trajectory?
• Neutral Sentiment: Following a sharp decline, NFLX trades at under 18 times earnings, which may appeal to value-focused investors; the low multiple also reflects concerns about the company’s growth outlook. Article: Netflix trades under 18x earnings after a steep valuation reset
• Negative Sentiment: Investors remain concerned about slowing engagement, YouTube competition and rising content costs. Coverage says these pressures have eroded confidence and contributed to Netflix shares losing ground from their 2025 peak. Article: Netflix Wipes Out Five Years of Gains

Analysts Set New Price Targets

A number of research analysts have weighed in on NFLX shares. KeyCorp cut their price objective on shares of Netflix from $92.00 to $85.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 13th. Stephens assumed coverage on shares of Netflix in a report on Friday, July 17th. They issued an “overweight” rating for the company. UBS Group set a $90.00 target price on shares of Netflix in a report on Wednesday, October 21st. Canaccord Genuity Group set a $110.00 price target on shares of Netflix in a research note on Wednesday, October 21st. Finally, Daiwa Securities Group cut their price target on shares of Netflix from $102.00 to $76.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Netflix currently has an average rating of “Moderate Buy” and a consensus target price of $89.14.

Insider Transactions at Netflix

In related news, CEO Theodore A. Sarandos sold 27,312 shares of Netflix stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $66.20, for a total transaction of $1,808,054.40. Following the completion of the sale, the chief executive officer owned 178,954 shares in the company, valued at $11,846,754.80. This trade represents a 13.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Bradford L. Smith sold 17,980 shares of Netflix stock in a transaction that occurred 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 sale, the director directly owned 79,690 shares of the company’s stock, valued at $5,102,550.70. This represents a 18.41% decrease in their position. 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. In the last quarter, insiders sold 89,024 shares of company stock valued at $5,788,733. Company insiders own 1.24% of the company’s stock.

Netflix Profile

Netflix, Inc. is an entertainment company that offers subscription-based streaming of television series, films, documentaries and other programming. Its service also includes mobile games and, in some markets, advertising-supported viewing plans. Netflix produces and licenses content, including titles made under its Netflix brand. Founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental business, the company launched its streaming service in 2007 and later expanded into original programming.