38,152 Shares of Netflix, Inc. $NFLX Bought by Polaris Financial Partners

Polaris Financial Partners bought a new stake in Netflix, Inc. (NASDAQ:NFLX) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 38,152 shares of the Internet television network’s stock, valued at approximately $2,677,000. Netflix comprises 1.2% of Polaris Financial Partners’ portfolio, making the stock its 18th largest position.

Several other institutional investors have also recently bought and sold shares of NFLX. Cornerstone Financial Management LLC acquired a new stake in shares of Netflix in the 4th quarter valued at approximately $26,000. Evolution Wealth Management Inc. boosted its position in Netflix by 2,284.6% in the fourth quarter. Evolution Wealth Management Inc. now owns 310 shares of the Internet television network’s stock valued at $29,000 after buying an additional 297 shares in the last quarter. Merkkuri Wealth Advisors LLC acquired a new stake in Netflix in the first quarter valued at approximately $31,000. Cedar Mountain Advisors LLC grew its stake in shares of Netflix by 712.5% during the fourth quarter. Cedar Mountain Advisors LLC now owns 325 shares of the Internet television network’s stock worth $30,000 after buying an additional 285 shares during the last quarter. Finally, Tacita Capital Inc grew its stake in shares of Netflix by 900.0% during the fourth quarter. Tacita Capital Inc now owns 330 shares of the Internet television network’s stock worth $31,000 after buying an additional 297 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Deutsche Bank upgraded Netflix to Buy, arguing that investors may be underestimating the company’s international growth opportunity. The analyst also sees artificial intelligence as more likely to support Netflix than disrupt it, despite lowering the price target. Netflix Stock Just Got a Stunning Upgrade After a Brutal 2026 Selloff
• Positive Sentiment: Netflix is expanding live programming, games, video podcasts and its advertising tier to increase viewing and diversify growth. These initiatives could help counter YouTube and improve engagement over time. Netflix Leans on Live TV as YouTube Competition Threatens Growth, Analysts Weigh In
• Neutral Sentiment: Netflix is scheduled to report third-quarter results on October 20. The stock has declined after each of its past four reports, with three of those drops driven primarily by forward guidance rather than the reported quarter, increasing the importance of management’s outlook. Netflix Reports Oct. 20. Its Stock Has Fallen After Each of Its Last 4 Reports.
• Negative Sentiment: Co-CEO Ted Sarandos acknowledged that Netflix is not growing as quickly as he wants. Viewership increased only 2% during the first half of 2026, raising concerns that the company is struggling to sustain engagement. Netflix co-CEO says streaming giant isn’t growing as fast as he wants
• Negative Sentiment: Analysts have cited Netflix’s loss of attention to YouTube, weak engagement trends and its worst Emmy showing in a decade. Investors are also questioning whether newer initiatives are diluting focus from the original programming that drives the platform. Why Netflix Lost 14% in September
• Negative Sentiment: The stock has fallen sharply during 2026, while its price-to-earnings multiple has contracted about 40% since the start of the year. The valuation reset reflects investor concern that Netflix’s strongest growth phase may be ending.

Insider Activity

In other news, CEO Gregory Peters sold 27,312 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total value of $2,008,524.48. Following the transaction, the chief executive officer owned 120,931 shares in the company, valued at approximately $8,893,265.74. The trade was a 18.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Theodore Sarandos sold 105,850 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $73.03, for a total transaction of $7,730,225.50. Following the completion of the sale, the chief executive officer directly owned 206,266 shares in the company, valued at approximately $15,063,605.98. This represents a 33.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last quarter, insiders have sold 179,045 shares of company stock worth $13,132,194. 1.24% of the stock is owned by insiders.

Netflix Trading Down 1.2%

Shares of NASDAQ NFLX traded down $0.79 during trading on Friday, reaching $67.06. The company had a trading volume of 38,575,052 shares, compared to its average volume of 42,632,512. The stock has a market cap of $279.23 billion, a P/E ratio of 21.11, a PEG ratio of 0.98 and a beta of 1.62. The company’s fifty day moving average price is $75.79 and its 200-day moving average price is $82.36. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. Netflix, Inc. has a 12 month low of $65.08 and a 12 month high of $124.86.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $12.58 billion. During the same period last year, the company earned $0.72 earnings per share. The firm’s revenue was up 13.4% compared to the same quarter last year. As a group, research analysts expect that Netflix, Inc. will post 3.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Wells Fargo & Company cut Netflix from a “neutral” rating to an “underweight” rating and dropped their price target for the company from $80.00 to $57.00 in a research note on Friday, September 18th. JPMorgan Chase & Co. restated a “buy” rating on shares of Netflix in a research report on Thursday, August 20th. Robert W. Baird set a $90.00 target price on Netflix and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. CLSA initiated coverage on Netflix in a research report on Monday, July 20th. They issued an “outperform” rating for the company. Finally, KGI Securities lowered Netflix from an “outperform” rating to a “neutral” rating and set a $75.00 price target on the stock. in a research note on Friday, July 17th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, fifteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Netflix presently has a consensus rating of “Moderate Buy” and an average target price of $95.27.

Netflix Company Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.