Netflix, Inc. $NFLX Stake Increased by NEOS Investment Management LLC

NEOS Investment Management LLC lifted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 10.2% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 3,229,620 shares of the Internet television network’s stock after acquiring an additional 300,145 shares during the quarter. Netflix comprises about 0.9% of NEOS Investment Management LLC’s investment portfolio, making the stock its 21st largest position. NEOS Investment Management LLC’s holdings in Netflix were worth $230,595,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of NFLX. Pacific Sun Financial Corp lifted its stake in Netflix by 1.6% in the 3rd quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock worth $688,000 after acquiring an additional 9 shares in the last quarter. Beaird Harris Wealth Management LLC grew its stake in Netflix by 9.6% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network’s stock valued at $137,000 after acquiring an additional 10 shares in the last quarter. Monograph Wealth Advisors LLC increased its holdings in shares of Netflix by 1.8% in the 2nd quarter. Monograph Wealth Advisors LLC now owns 682 shares of the Internet television network’s stock valued at $913,000 after purchasing an additional 12 shares during the period. Resources Management Corp CT ADV increased its holdings in shares of Netflix by 2.0% in the 2nd quarter. Resources Management Corp CT ADV now owns 829 shares of the Internet television network’s stock valued at $1,110,000 after purchasing an additional 16 shares during the period. Finally, Sompo Asset Management Co. Ltd. lifted its position in shares of Netflix by 1.4% in the second quarter. Sompo Asset Management Co. Ltd. now owns 1,500 shares of the Internet television network’s stock worth $2,009,000 after purchasing an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Trading Down 0.1%

NASDAQ:NFLX opened at $82.67 on Friday. The stock’s 50 day moving average price is $75.43 and its 200 day moving average price is $84.44. Netflix, Inc. has a 52 week low of $65.08 and a 52 week high of $126.71. The company has a market capitalization of $344.23 billion, a P/E ratio of 26.02, a P/E/G ratio of 1.16 and a beta of 1.53. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14.

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on NFLX. BMO Capital Markets reaffirmed an “outperform” rating on shares of Netflix in a research report on Friday, August 14th. Wedbush cut their target price on shares of Netflix from $118.00 to $105.00 and set an “outperform” rating for the company in a research report on Friday, July 17th. Rosenblatt Securities set a $75.00 target price on shares of Netflix and gave the stock a “neutral” rating in a research report on Friday, July 17th. President Capital decreased their target price on shares of Netflix from $134.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Finally, Bank of America lowered their price target on shares of Netflix from $125.00 to $105.00 and set a “buy” rating on the stock in a report on Friday, July 17th. Four analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $96.65.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Advertising growth is becoming a key bullish catalyst. Netflix’s ad-supported business is gaining momentum through advertiser additions, programmatic buying and AI-powered tools. Continued execution could provide a new revenue and profit-growth engine and support further stock recovery. Netflix Stock Rebound Fuels Ad Growth Talk: A Sign of More Upside?
• Positive Sentiment: Recent performance has renewed investor interest. Netflix gained about 13% in August after reaching a 52-week low, while several commentary pieces describe the shares as attractively valued and identify a potentially ongoing “second monetization cycle.” Why Netflix Stock Gained 13% in August
• Positive Sentiment: Analyst sentiment remains supportive. Wall Street’s generally bullish recommendations and the view that NFLX can rebound after underperforming the S&P 500 are helping sustain the recovery narrative. Is It Worth Investing in Netflix Based on Wall Street’s Bullish Views?
• Positive Sentiment: Content and partnership reach remain strategic strengths. A GTA VI trailer generated 31.1 million Netflix views despite being available exclusively for only six hours, highlighting the platform’s distribution power. A Stella Artois tie-in for The Gentlemen also demonstrates Netflix’s expanding brand-partnership potential. A Video Game Trailer Was Netflix’s Most-Watched English Film
• Neutral Sentiment: Acquisition speculation is driving attention but not yet value. Netflix is reportedly considering several streaming targets after losing a bid for a major media company. Regulatory hurdles, controlling shareholders and high valuations make a transaction uncertain. Netflix’s Acquisition Wishlist
• Negative Sentiment: Investors remain concerned about growth and competition. Netflix’s roughly 325 million subscribers provide scale, but slowing growth and pressure from short-form video platforms could limit upside. The stock’s underperformance versus the broader market is also keeping sentiment cautious. Netflix: A Streaming Giant at a Rare Discount?

Insider Buying and Selling at Netflix

In related news, insider David A. Hyman sold 5,723 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total value of $416,920.55. Following the completion of the sale, the insider directly owned 316,100 shares in the company, valued at approximately $23,027,885. This represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction 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 transaction, the chief executive officer directly owned 120,931 shares in the company, valued at $8,893,265.74. The trade was a 18.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 213,595 shares of company stock worth $15,812,072 in the last ninety days. Company insiders own 1.24% of the company’s stock.

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.