Northside Capital Management LLC Increases Holdings in Netflix, Inc. $NFLX

Northside Capital Management LLC grew its stake in Netflix, Inc. (NASDAQ:NFLX) by 1,686.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 117,351 shares of the Internet television network’s stock after buying an additional 110,781 shares during the quarter. Northside Capital Management LLC’s holdings in Netflix were worth $8,379,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. grew 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 purchasing an additional 351,493,659 shares during the period. State Street Corp lifted 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 during the period. Geode Capital Management LLC boosted its holdings in Netflix by 892.0% during the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock worth $9,305,336,000 after buying an additional 89,558,684 shares in the last quarter. Capital World Investors boosted its holdings in Netflix by 859.1% during the fourth quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock worth $8,376,656,000 after buying an additional 80,025,890 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in Netflix by 685.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 86,058,878 shares of the Internet television network’s stock valued at $8,068,882,000 after buying an additional 75,107,069 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Trading Down 2.0%

Shares of Netflix stock opened at $74.79 on Wednesday. The firm has a market capitalization of $311.42 billion, a PE ratio of 23.54, a P/E/G ratio of 0.96 and a beta of 1.52. Netflix, Inc. has a twelve month low of $65.08 and a twelve month high of $126.71. The firm’s 50-day moving average price is $74.96 and its 200 day moving average price is $84.70. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping 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 company had revenue of $12.56 billion during the quarter, compared to analyst estimates of $12.58 billion. During the same period in the previous year, the business earned $0.72 EPS. Netflix’s quarterly revenue was up 13.4% on a year-over-year basis. On average, sell-side analysts predict that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Insider Transactions at Netflix

In related news, CEO Gregory K. Peters sold 27,312 shares of the business’s 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 completion of the sale, the chief executive officer directly owned 120,931 shares in the company, valued at approximately $8,893,265.74. The trade was a 18.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Theodore A. Sarandos sold 27,312 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $73.35, for a total value of $2,003,335.20. Following the sale, the chief executive officer owned 178,954 shares of the company’s stock, valued at $13,126,275.90. The trade was a 13.24% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 600,295 shares of company stock valued at $49,056,671. Insiders own 1.24% of the company’s stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported that advertising commitments for its 2026 U.S. Upfront negotiations nearly doubled year over year. The result strengthens the case that advertising is becoming an important growth engine and supports management’s goal of reaching approximately $3 billion in annual ad revenue by 2026. Netflix Wraps Upfront, Volume Nearly Doubled
• Positive Sentiment: Some analysts and commentators view the sell-off as a potential buying opportunity, citing Netflix’s lower valuation, possible earnings catalysts and consensus price targets that imply substantial upside. Analysts See Upside in Netflix
• Neutral Sentiment: Coverage remains divided on whether Netflix can maintain its long-term dominance. Bullish investors point to predictable streaming growth and advertising, while skeptics question whether the company’s premium valuation is justified relative to competitors such as Disney. Is Netflix’s Long-Term Dominance Under Threat?
• Neutral Sentiment: Take-Two Interactive’s CEO said the company is not interested in selling to Netflix or another buyer. Although the companies’ partnership around a Grand Theft Auto 6 trailer fueled takeover speculation, the comments remove a potential acquisition catalyst rather than changing Netflix’s core operations. Take-Two Is Not Interested in Selling
• Negative Sentiment: A Seeking Alpha analysis downgraded Netflix, citing underestimated industry trends and the risk that advertising or other initiatives could cannibalize existing subscription economics. These concerns may be contributing to investor caution despite the strong Upfront results. Netflix Downgrade Analysis
• Negative Sentiment: Chief Financial Officer Spencer Adam Neumann sold 9,248 shares for roughly $701,000, reducing his direct holdings by 11.14%. The sale may weigh modestly on sentiment, although insider transactions do not necessarily signal a change in Netflix’s business outlook. Netflix SEC Form 4 Filing

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on NFLX. Citigroup cut shares of Netflix from a “buy” rating to a “positive” rating in a report on Monday, July 20th. Robert W. Baird set a $90.00 target price on Netflix and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Raymond James Financial restated a “market perform” rating on shares of Netflix in a research note on Thursday, May 14th. DZ Bank reaffirmed a “buy” rating on shares of Netflix in a report on Friday, April 17th. Finally, New Street Research increased their price target on Netflix from $96.00 to $102.00 in a research report on Friday, April 17th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $103.48.

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.