The Manufacturers Life Insurance Company acquired a new position in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 3,285,849 shares of the Internet television network’s stock, valued at approximately $234,610,000. The Manufacturers Life Insurance Company owned about 0.08% of Netflix as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also bought and sold shares of NFLX. Kelly Lawrence W & Associates Inc. CA bought a new position in Netflix in the second quarter valued at about $55,000. Jones Financial Companies Lllp bought a new stake in shares of Netflix during the second quarter worth about $4,316,000. Trajan Wealth LLC bought a new stake in shares of Netflix during the second quarter worth about $12,678,000. Van Hulzen Asset Management LLC acquired a new position in shares of Netflix in the second quarter valued at approximately $1,226,000. Finally, Veratis Advisors Inc. acquired a new position in shares of Netflix in the second quarter valued at approximately $388,000. Institutional investors and hedge funds own 80.93% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently commented on NFLX. BMO Capital Markets reiterated an “outperform” rating on shares of Netflix in a research report on Friday, August 14th. Erste Group Bank cut shares of Netflix from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. TD Cowen dropped their price target on shares of Netflix from $112.00 to $100.00 and set a “buy” rating for the company in a research note on Friday, July 17th. Piper Sandler reiterated an “overweight” rating and set a $85.00 price target (down from $115.00) on shares of Netflix in a report on Friday, July 17th. Finally, Rosenblatt Securities set a $75.00 price objective on shares of Netflix and gave the stock a “neutral” rating in a research note on Friday, July 17th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $103.48.
Netflix Stock Performance
Shares of NFLX stock opened at $80.01 on Tuesday. The business’s 50 day simple moving average is $74.35 and its 200 day simple moving average is $84.35. Netflix, Inc. has a one year low of $65.08 and a one year high of $126.71. The stock has a market capitalization of $333.16 billion, a PE ratio of 25.18, a PEG ratio of 1.00 and a beta of 1.52. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14.
Netflix (NASDAQ:NFLX – Get Free Report) last released its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. The firm had revenue of $12.56 billion during the quarter, compared to analyst estimates 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 quarter last year, the business earned $0.72 EPS. As a group, research analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current year.
More Netflix News
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Netflix is reportedly considering letting customers purchase or manage subscriptions to rival streaming services through its platform. The strategy could increase engagement, create potential transaction revenue, and strengthen Netflix’s position as a streaming hub. Netflix Stock Rises on Report It May Sell Subscriptions to Rival Streaming Services
- Positive Sentiment: Netflix generated approximately $2.8 billion in U.K. revenue during 2025, surpassing ITV for the first time. The milestone highlights the company’s strong international scale and monetization potential. Netflix Posts $2.8B Revenues in UK to Overtake ITV
- Positive Sentiment: Bill Ackman’s Pershing Square increased its Netflix position during the second quarter, reinforcing confidence among some institutional investors in the company’s long-term growth and monetization strategy. Bill Ackman Invests in Netflix
- Positive Sentiment: Investors continue to focus on Netflix’s lower-priced ad tier, sports initiatives, Latin American expansion, and possible app bundling as avenues to broaden engagement and revenue. Investors Assess Netflix’s Ad Tier, Sports Push, and Pershing Square Stake
- Neutral Sentiment: Options strategies that offer income for shareholders and commentary suggesting Netflix may be a buying opportunity reflect investor interest, but do not represent new company fundamentals. Get Paid 12% a Year to Hold NFLX Stock
- Negative Sentiment: Netflix parted ways with advertising-product executive Jon Whitticom in an ad-business leadership shake-up. The departure raises questions about execution as the company works to scale its advertising platform. Netflix Shakes Up Advertising Leadership
- Negative Sentiment: YouTube’s efforts to secure exclusive creator content could trigger a bidding war and increase Netflix’s programming costs, potentially pressuring margins. Commentary also raised concerns that Netflix’s strong growth phase could moderate. YouTube Could Spark a Creator Bidding War That Hurts Netflix Stock
Insider Activity at Netflix
In other news, CFO Spencer Adam Neumann sold 9,248 shares of the stock in a transaction on Monday, August 10th. The shares were sold at an average price of $75.79, for a total transaction of $700,905.92. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at $5,592,316.73. This represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Gregory K. Peters sold 27,312 shares of Netflix 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 of the company’s stock, valued at $8,893,265.74. This represents a 18.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 600,295 shares of company stock valued at $49,056,671 over the last 90 days. 1.24% of the stock is owned by company insiders.
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.
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