New York State Common Retirement Fund Sells 39,569 Shares of Netflix, Inc. $NFLX

New York State Common Retirement Fund trimmed its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 7.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 522,832 shares of the Internet television network’s stock after selling 39,569 shares during the period. Netflix accounts for approximately 0.8% of New York State Common Retirement Fund’s investment portfolio, making the stock its 14th biggest position. New York State Common Retirement Fund’s holdings in Netflix were worth $626,834,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in NFLX. Retirement Wealth Solutions LLC bought a new stake in shares of Netflix during the third quarter worth approximately $28,000. Legacy Investment Solutions LLC bought a new stake in Netflix during the second quarter worth about $31,000. Steph & Co. lifted its holdings in shares of Netflix by 188.9% during the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after acquiring an additional 17 shares during the period. Stephens Consulting LLC increased its stake in shares of Netflix by 150.0% in the 2nd quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock valued at $33,000 after purchasing an additional 15 shares during the last quarter. Finally, Rossby Financial LCC acquired a new position in Netflix during the second quarter worth about $35,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Trading Down 1.1%

Shares of NFLX opened at $84.64 on Thursday. The firm has a market cap of $357.36 billion, a P/E ratio of 33.49, a price-to-earnings-growth ratio of 1.52 and a beta of 1.71. Netflix, Inc. has a fifty-two week low of $81.93 and a fifty-two week high of $134.12. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.33 and a current ratio of 1.19. The business has a 50-day moving average of $94.63 and a 200 day moving average of $110.43.

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

Insider Buying and Selling at Netflix

In other Netflix news, Director Reed Hastings sold 426,290 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $91.67, for a total value of $39,078,004.30. Following the completion of the transaction, the director owned 3,940 shares in the company, valued at $361,179.80. This trade represents a 99.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gregory K. Peters sold 20,270 shares of Netflix stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $109.57, for a total value of $2,220,943.36. Following the transaction, the chief executive officer directly owned 127,810 shares of the company’s stock, valued at $14,003,886.08. The trade was a 13.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,653,599 shares of company stock worth $173,141,263 in the last three months. 1.37% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

NFLX has been the topic of several recent research reports. Needham & Company LLC cut their price objective on Netflix from $150.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, January 21st. Barclays restated a “neutral” rating and issued a $110.00 target price on shares of Netflix in a report on Friday, December 5th. Piper Sandler reaffirmed a “positive” rating and set a $103.00 price objective (down previously from $140.00) on shares of Netflix in a research report on Wednesday, January 21st. Moffett Nathanson dropped their price target on Netflix from $140.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, January 21st. Finally, Loop Capital set a $104.00 price objective on shares of Netflix in a report on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating and seventeen have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $116.17.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q4 results beat expectations (EPS $0.56 vs. $0.55; revenue $12.05B) and management set FY guidance that some analysts called constructive — a near-term fundamental support for the stock. Netflix Q4 earnings
• Positive Sentiment: Multiple firms and commentators are bullish after earnings — Needham reiterates a buy stance, Freedom Capital upgraded to strong-buy, ARK Invest has been buying, and several outlets argue the post-earnings low could mark a recovery setup. Needham buy note
• Positive Sentiment: Market commentary highlights ad-revenue upside and lower expectations priced in after the pullback, suggesting an attractive risk/reward if deal risk is resolved. MarketBeat recovery piece
• Neutral Sentiment: Content/events tailwind — Netflix will stream a high-profile Tyson Fury boxing comeback in April, a programming event that could boost viewership and ad/partner revenues but is unlikely to move fundamentals materially on its own. Tyson Fury on Netflix
• Negative Sentiment: Regulatory overhang: U.S. Senate/antitrust subcommittee hearings and UK scrutiny on the proposed $83B Warner Bros. deal are escalating — the takeover process is a major overhang that increases legal and timing uncertainty. Reuters on Senate hearing
• Negative Sentiment: Deal-related financial risk: analysts and research pieces warn Netflix may strain its balance sheet or incur material regulatory/legal costs (Needham flags ~$275M; TipRanks highlights balance-sheet risk tied to pursuing Warner Bros.). TipRanks on balance-sheet risk
• Negative Sentiment: Analyst/owner churn and target cuts: Citic Securities trimmed its price target to $95 and some funds (e.g., Polen) trimmed or exited positions, signaling caution among institutions. Citic lowers PT
• Neutral Sentiment: Mixed media takes and comparisons to peers: coverage ranges from “buy the dip” pieces to cautions about valuation and an expensive pending deal — fueling both bargain-hunting and continued selling. Fool buy-the-dip

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.