Connor Clark & Lunn Investment Management Ltd. Grows Holdings in Netflix, Inc. $NFLX

Connor Clark & Lunn Investment Management Ltd. raised its position in Netflix, Inc. (NASDAQ:NFLX) by 26.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 138,586 shares of the Internet television network’s stock after purchasing an additional 28,745 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Netflix were worth $166,154,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NFLX. Retirement Wealth Solutions LLC acquired a new position in shares of Netflix in the third quarter worth about $28,000. Steph & Co. grew its stake in Netflix by 188.9% during the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock valued at $31,000 after purchasing an additional 17 shares in the last quarter. Bare Financial Services Inc increased its holdings in Netflix by 93.3% during the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 14 shares during the last quarter. Horizon Financial Services LLC increased its holdings in Netflix by 480.0% during the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 24 shares during the last quarter. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Netflix in the 3rd quarter valued at approximately $36,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Netflix news, insider Cletus R. Willems sold 3,136 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total transaction of $259,253.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $83.24, for a total value of $2,273,450.88. Following the completion of the transaction, the chief executive officer directly owned 122,140 shares of the company’s stock, valued at approximately $10,166,933.60. The trade was a 18.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,520,133 shares of company stock worth $137,259,786 over the last ninety days. 1.37% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently commented on NFLX. Benchmark reiterated a “hold” rating on shares of Netflix in a research note on Tuesday, January 13th. Barclays started coverage on shares of Netflix in a report on Monday, March 2nd. They issued an “equal weight” rating and a $115.00 price target on the stock. TD Cowen reduced their price objective on shares of Netflix from $115.00 to $112.00 and set a “buy” rating on the stock in a research note on Wednesday, January 21st. Citic Securities decreased their price objective on shares of Netflix from $109.00 to $95.00 and set a “hold” rating for the company in a report on Monday, January 26th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $100.00 target price (down from $112.00) on shares of Netflix in a research report on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.67.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix confirmed the acquisition of InterPositive, an AI post‑production startup co‑founded by Ben Affleck; reporting suggests the deal could be as large as $600M with earnouts tied to performance — a move that accelerates Netflix’s in‑house use of AI for editing and creative workflows. Netflix may have paid $600 million for Ben Affleck’s AI startup
• Positive Sentiment: Netflix is pushing further into gaming and live streaming — hiring Magali Huot to lead games marketing and signing a multi‑year partnership with Ateme for TITAN Live streaming infrastructure — signaling new monetization and engagement vectors beyond SVOD. Netflix Expands Games And Live Streaming As Valuation Signals Mixed Picture
• Neutral Sentiment: Wells Fargo started coverage on Netflix (details not heavy in headline list) — new coverage can add liquidity and influence near‑term analyst dialogue, but impact depends on the stance and estimates in the report. Wells Fargo & Company Begins Coverage on Netflix
• Negative Sentiment: Rivals and other media groups are signing AI deals (e.g., a reported Canal+/Google tie‑up), intensifying competition in AI content tools and recommendation systems — this reduces Netflix’s moat on AI advantages and may pressure margins if others secure better third‑party partnerships. Netflix Rival Strikes Deal With Google in Battle for AI Content
• Negative Sentiment: BofA cut its Netflix price target to $125 from $149, signaling analyst caution on valuation and growth assumptions; downward PT revisions tend to pressure sentiment and can prompt further analyst/quant selling. BofA Cuts PT on Netflix to $125
• Negative Sentiment: Coverage summarizing recent moves notes the stock dipped more than the market in recent sessions, reflecting investor caution after the failed Warner Bros. Discovery bid and mixed near‑term catalysts. Why Netflix Dipped More Than Broader Market

Netflix Price Performance

NASDAQ NFLX opened at $94.88 on Thursday. The company has a 50-day moving average price of $86.47 and a two-hundred day moving average price of $103.04. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The stock has a market cap of $400.60 billion, a price-to-earnings ratio of 37.55, a price-to-earnings-growth ratio of 1.49 and a beta of 1.68. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same period in the previous year, the firm posted $0.43 earnings per share. The business’s revenue was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Analysts forecast that Netflix, Inc. will post 24.58 EPS for the current year.

Netflix Company Profile

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.