Netflix, Inc. $NFLX Stock: Heritage Investors Management Corp Boosts Holdings

Heritage Investors Management Corp grew its stake in Netflix, Inc. (NASDAQ:NFLX) by 40.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 177,021 shares of the Internet television network’s stock after buying an additional 50,730 shares during the quarter. Heritage Investors Management Corp’s holdings in Netflix were worth $12,317,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Optima Capital LLC acquired a new position in Netflix during the third quarter worth $475,000. MeadowBrook Investment Advisors LLC grew its position in shares of Netflix by 31.7% in the third quarter. MeadowBrook Investment Advisors LLC now owns 8,585 shares of the Internet television network’s stock valued at $576,000 after purchasing an additional 2,065 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. purchased a new stake in shares of Netflix during the third quarter worth about $321,000. Columbia Bank raised its position in shares of Netflix by 18.0% during the 3rd quarter. Columbia Bank now owns 21,796 shares of the Internet television network’s stock worth $1,517,000 after purchasing an additional 3,320 shares during the last quarter. Finally, SFE Investment Counsel lifted its stake in Netflix by 4.1% in the 3rd quarter. SFE Investment Counsel now owns 20,449 shares of the Internet television network’s stock valued at $1,423,000 after buying an additional 803 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

NFLX has been the subject of several research reports. Deutsche Bank Aktiengesellschaft set a $93.00 price objective on Netflix in a research note on Wednesday, October 21st. Morgan Stanley set a $77.00 price target on Netflix and gave the stock an “overweight” rating in a research note on Wednesday, October 21st. Weiss Ratings cut Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. Barclays set a $65.00 price objective on Netflix and gave the company an “equal weight” rating in a research note on Wednesday, October 21st. Finally, William Blair reissued an “outperform” rating on shares of Netflix in a research note on Wednesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $89.14.

Insider Buying and Selling

In other news, Director Bradford L. Smith sold 17,980 shares of the stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $64.03, for a total value of $1,151,259.40. Following the transaction, the director owned 79,690 shares in the company, valued at approximately $5,102,550.70. This represents a 18.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction dated 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 completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 91,175 shares of company stock valued at $6,553,228 over the last 90 days. 1.24% of the stock is currently owned by corporate insiders.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $62.08 on Monday. The stock has a market cap of $254.92 billion, a P/E ratio of 17.94, a PEG ratio of 0.91 and a beta of 1.62. The business’s fifty day simple moving average is $72.67 and its 200-day simple moving average is $81.57. Netflix, Inc. has a 12-month low of $61.39 and a 12-month high of $116.73. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last released its earnings results on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, topping the consensus estimate of $0.82 by $0.05. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The firm had revenue of $12.87 billion during the quarter, compared to analysts’ expectations of $12.87 billion. During the same period in the previous year, the firm posted $0.59 EPS. Netflix’s revenue for the quarter was up 11.9% on a year-over-year basis. As a group, equities analysts predict that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix repurchased approximately $4.8 billion of stock in the third quarter, signaling that management views the shares as undervalued. The company’s scale, strong margins and ability to spread content costs across a large subscriber base also support the bullish case. Netflix Spent $4.8 Billion Buying Back Stock in 1 Quarter
• Positive Sentiment: Netflix’s latest quarterly earnings exceeded expectations, with earnings per share of $0.87 versus an $0.82 consensus estimate. Revenue rose 11.9% year over year and the company reported a 29.69% net margin, highlighting continued financial strength.
• Neutral Sentiment: Analyst comparisons with Amazon and Walt Disney acknowledge Netflix’s valuable entertainment position, but suggest Amazon’s diversified ecosystem, Prime Video reach and advertising tools—or Disney’s broader media assets—may offer greater upside. Amazon vs. Netflix: Which Stock Is the Better Entertainment Play?
• Neutral Sentiment: Netflix is experimenting with live events and other ways to capture viewers’ attention, while reportedly walking away from an Xbox licensing deal. These strategic moves could create new growth opportunities, but their financial impact remains uncertain. The Battle That May Matter Most for Netflix Stock
• Negative Sentiment: Revenue growth has slowed for three consecutive quarters, and investors remain concerned about disappointing guidance. Reuters reports that the stock has lost about one-third of its value this year as the market reassesses Netflix’s growth outlook. Mapping the Market: More losses in store for Netflix shares?
• Negative Sentiment: Competition for living-room viewing and advertising is intensifying. YouTube’s television advertising business reportedly generated more in one quarter than Netflix’s full-year advertising forecast, raising concerns about Netflix’s ability to scale its newer ad-supported business. YouTube’s Living-Room Business
• Negative Sentiment: Reports that members are watching less, along with criticism that Netflix’s content-discovery experience is weakening its historical selling point, are fueling worries about engagement, retention and future subscriber growth. Insider selling has added another negative signal. Netflix Can’t Lift, Jim Cramer Says

About Netflix

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.