Netflix, Inc. $NFLX Shares Bought by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 16.8% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 142,255 shares of the Internet television network’s stock after purchasing an additional 20,505 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Netflix were worth $13,678,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. GC Wealth Management RIA LLC increased its stake in shares of Netflix by 3.5% during the 1st quarter. GC Wealth Management RIA LLC now owns 95,628 shares of the Internet television network’s stock valued at $9,195,000 after acquiring an additional 3,247 shares during the last quarter. Klingman & Associates LLC boosted its position in shares of Netflix by 12.0% in the first quarter. Klingman & Associates LLC now owns 16,944 shares of the Internet television network’s stock worth $1,629,000 after acquiring an additional 1,810 shares during the last quarter. Modern Wealth Management LLC boosted its position in shares of Netflix by 69.2% in the first quarter. Modern Wealth Management LLC now owns 33,380 shares of the Internet television network’s stock worth $3,189,000 after acquiring an additional 13,652 shares during the last quarter. Keebeck Wealth Management grew its holdings in Netflix by 18.2% in the first quarter. Keebeck Wealth Management now owns 30,708 shares of the Internet television network’s stock valued at $2,953,000 after purchasing an additional 4,732 shares during the period. Finally, Oak Associates Ltd. OH grew its holdings in Netflix by 20.7% in the first quarter. Oak Associates Ltd. OH now owns 175,000 shares of the Internet television network’s stock valued at $16,826,000 after purchasing an additional 30,000 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the stock. Stephens started coverage on shares of Netflix in a research note on Friday, July 17th. They set an “overweight” rating on the stock. The Goldman Sachs Group cut shares of Netflix from an “underweight” rating to a “sell” rating in a research note on Monday, July 20th. UBS Group dropped their price objective on Netflix from $130.00 to $115.00 and set a “buy” rating for the company in a report on Friday, July 17th. Bank of America reaffirmed a “buy” rating and issued a $125.00 target price on shares of Netflix in a research report on Monday, May 18th. Finally, New Street Research lifted their target price on Netflix from $96.00 to $102.00 in a report on Friday, April 17th. Four 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 given a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $103.48.

Insider Transactions at Netflix

In other news, Director Reed Hastings sold 386,700 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $85.97, for a total value of $33,244,599.00. Following the completion of the sale, the director owned 3,940 shares of the company’s stock, valued at $338,721.80. This represents a 98.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bradford L. Smith sold 35,990 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total value of $2,789,944.80. Following the completion of the sale, the director directly owned 79,690 shares of the company’s stock, valued at $6,177,568.80. The trade was a 31.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 899,839 shares of company stock worth $80,141,661 in the last quarter. 1.24% of the stock is owned by corporate insiders.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s expanding global content strategy, including local-language hits and major franchises, is helping broaden engagement and could support more durable revenue growth. Netflix’s Global Content Strategy Expands: Is Growth More Durable?
• Positive Sentiment: Some analysts and commentators are arguing the post-earnings selloff may have made NFLX more of a value opportunity than a growth stock, which could attract bargain hunters. Netflix (NFLX) Stock Has Become a Value Play Post Q2
• Neutral Sentiment: Netflix remains a central topic in streaming ETF discussions after its Q2 results, as investors weigh whether the company’s growth profile is still strong enough to support the broader streaming trade. ETFs in Spotlight Following Netflix’s Q2 Earnings Beat & Weak ’26 View
• Neutral Sentiment: Market commentary continues to frame Netflix as a company with strong fundamentals but challenged sentiment, with the stock still trading near recent lows. What’s Going on With Netflix Stock?
• Negative Sentiment: Investors are worried that slowing growth, weaker guidance, and rich valuation could limit upside for NFLX despite higher revenue and profit. Losing Wall Street binge premium! Why are Netflix shares in a freefall this year?
• Negative Sentiment: Competitive pressure is still a concern, with YouTube’s strong ad growth renewing questions about whether Netflix can maintain its lead in video entertainment monetization. Alphabet-Owned YouTube Ad Sales Hit a Record $11.06 Billion. Is YouTube Dangerously Close to Surpassing Netflix in Revenue?

Netflix Price Performance

NFLX opened at $70.09 on Friday. Netflix, Inc. has a 52-week low of $65.08 and a 52-week high of $126.71. The company has a 50 day moving average of $78.34 and a two-hundred day moving average of $86.05. The company has a market cap of $291.85 billion, a P/E ratio of 22.06, a P/E/G ratio of 0.88 and a beta of 1.52. The company has a quick ratio of 1.41, a current ratio of 1.14 and a debt-to-equity ratio of 0.39.

Netflix (NASDAQ:NFLX) last issued its earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $12.56 billion for the quarter, compared to the consensus estimate of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.72 EPS. On average, analysts expect that Netflix, Inc. will post 3.59 earnings per share for the current year.

Netflix 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.