Netflix, Inc. $NFLX is Capital World Investors’ 9th Largest Position

Capital World Investors lessened its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 10.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,315,554 shares of the Internet television network’s stock after selling 1,144,542 shares during the quarter. Netflix comprises about 1.5% of Capital World Investors’ holdings, making the stock its 9th largest position. Capital World Investors’ holdings in Netflix were worth $11,168,723,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Netflix by 0.4% in the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock valued at $46,183,983,000 after purchasing an additional 142,238 shares during the period. State Street Corp grew its holdings in shares of Netflix by 2.1% during the 2nd quarter. State Street Corp now owns 17,444,013 shares of the Internet television network’s stock worth $23,359,801,000 after purchasing an additional 360,604 shares during the period. Geode Capital Management LLC increased its position in shares of Netflix by 2.4% during the 2nd quarter. Geode Capital Management LLC now owns 9,926,733 shares of the Internet television network’s stock worth $13,234,278,000 after purchasing an additional 229,182 shares during the last quarter. Norges Bank purchased a new stake in Netflix in the 2nd quarter valued at about $7,929,645,000. Finally, Laurel Wealth Advisors LLC lifted its position in Netflix by 128,553.9% in the second quarter. Laurel Wealth Advisors LLC now owns 4,881,129 shares of the Internet television network’s stock valued at $6,536,466,000 after buying an additional 4,877,335 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Walking away from the proposed WBD deal is being viewed as a net positive by many analysts because Netflix avoided taking on heavy debt and regulatory risk while keeping roughly $2.8B from the process — a boost to capital flexibility and organic growth plans. Why Netflix Is Better Off Without Warner Bros. Discovery
• Positive Sentiment: Netflix purchased Ben Affleck’s AI filmmaking startup InterPositive, signaling investment in AI-driven production tools that could lower content costs or accelerate creative output. That strategic tech buy supports the company’s long-term content/production roadmap. How Do You Like Them Apples? Netflix Buys Ben Affleck’s AI Start-Up.
• Positive Sentiment: Analyst sentiment remains generally constructive: the consensus rating sits around “Moderate Buy,” and some top analysts have praised Netflix for returning to its core strategy after the WBD episode. That institutional support helps buoy the stock even amid headline noise. Netflix, Inc. (NASDAQ:NFLX) Given Consensus Rating of “Moderate Buy” by Analysts
• Neutral Sentiment: Wells Fargo resumed coverage with an Equal Weight rating and a $105 target — a cautious stance that signals upside is not a consensus slam-dunk and keeps expectations in check. Netflix Stock Can Heal From Warner Bros. ‘Scars,’ Analyst Says. Why He Still Won’t Make It a Buy.
• Neutral Sentiment: Longer-term price predictions and valuation pieces are mixed: some bullish five‑year forecasts are balanced by warnings that increased competition could compress Netflix’s premium multiple. These narratives help explain stock volatility as investors debate growth vs. valuation. Prediction: Netflix Stock Will Hit This Price in 5 Years
• Negative Sentiment: Bank of America trimmed its price target to $125, indicating some analysts see less upside from current levels; such cuts can weigh on momentum and prompt more conservative positioning. Bank of America Cuts Netflix (NASDAQ:NFLX) Price Target to $125.00
• Negative Sentiment: Insider selling: Netflix co‑founder Reed Hastings sold about $39.8M in stock recently. While insiders sell for many reasons, such large sales can trigger investor concern about near-term upside or be viewed as profit-taking after the run-up. Co-Founder Reed Hastings Just Dumped $40 Million in Netflix Stock. Should You Ditch NFLX Too?
• Negative Sentiment: Several outlets are flagging the risk that Netflix’s multi‑year rally already prices in strong growth, raising the odds of a correction if subscriber/ads growth or margins disappoint. That valuation scrutiny is pressuring sentiment. Is Netflix Stock Heading For A Correction?

Insider Transactions at Netflix

In other Netflix news, Director Bradford L. Smith sold 31,790 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $88.86, for a total value of $2,824,859.40. Following the completion of the transaction, the director owned 79,690 shares in the company, valued at approximately $7,081,253.40. This represents a 28.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider David A. Hyman sold 23,439 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $88.11, for a total transaction of $2,065,210.29. Following the completion of the transaction, the insider owned 316,100 shares of the company’s stock, valued at $27,851,571. This represents a 6.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,520,133 shares of company stock valued at $137,259,786 in the last three months. Insiders own 1.37% of the company’s stock.

Netflix Price Performance

Shares of NFLX opened at $98.32 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. The stock’s 50 day moving average is $86.39 and its two-hundred day moving average is $103.39. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The firm has a market capitalization of $415.12 billion, a PE ratio of 38.91, a P/E/G ratio of 1.41 and a beta of 1.68.

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

Analyst Upgrades and Downgrades

NFLX has been the topic of a number of research analyst reports. Benchmark reissued a “hold” rating on shares of Netflix in a research report on Tuesday, January 13th. Rosenblatt Securities upped their price target on Netflix from $94.00 to $95.00 and gave the stock a “neutral” rating in a report on Friday, February 27th. Piper Sandler reiterated a “positive” rating and issued a $103.00 price target (down from $140.00) on shares of Netflix in a research note on Wednesday, January 21st. Wolfe Research lifted their price objective on shares of Netflix from $95.00 to $110.00 and gave the stock an “outperform” rating in a research report on Friday, February 27th. Finally, Royal Bank Of Canada reiterated a “hold” rating on shares of Netflix in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and an average target price of $114.67.

About Netflix

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.