15,810 Netflix, Inc. $NFLX Shares Sold by Coastline Trust Co

Coastline Trust Co lowered its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 13.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 104,772 shares of the Internet television network’s stock after selling 15,810 shares during the period. Coastline Trust Co’s holdings in Netflix were worth $7,290,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NFLX. QRG Capital Management Inc. grew its position in Netflix by 4.1% in the second quarter. QRG Capital Management Inc. now owns 861,135 shares of the Internet television network’s stock worth $61,485,000 after acquiring an additional 33,742 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Netflix by 7.7% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 340,601 shares of the Internet television network’s stock valued at $24,312,000 after purchasing an additional 24,446 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Netflix by 0.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,449,012 shares of the Internet television network’s stock worth $389,057,000 after purchasing an additional 33,933 shares during the period. State Street Corp boosted its holdings in shares of Netflix by 4.9% in the 2nd quarter. State Street Corp now owns 180,129,582 shares of the Internet television network’s stock worth $12,861,252,000 after purchasing an additional 8,474,820 shares during the period. Finally, Altar Rock LLC increased its position in shares of Netflix by 10.6% during the 2nd quarter. Altar Rock LLC now owns 4,343 shares of the Internet television network’s stock valued at $310,000 after purchasing an additional 415 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on NFLX. Wolfe Research reiterated an “outperform” rating and set a $95.00 price objective (up from $84.00) on shares of Netflix in a research report on Tuesday, August 25th. CICC Research lowered their target price on shares of Netflix from $110.00 to $90.00 and set an “outperform” rating for the company in a report on Tuesday, July 21st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Netflix in a research note on Tuesday, September 22nd. Stephens assumed coverage on shares of Netflix in a report on Friday, July 17th. They set an “overweight” rating on the stock. Finally, Bank of America reduced their price objective on shares of Netflix from $125.00 to $105.00 and set a “buy” rating on the stock in a research report on Friday, July 17th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, fifteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Netflix currently has an average rating of “Moderate Buy” and an average target price of $95.27.

Netflix Stock Down 2.2%

NASDAQ:NFLX traded down $1.50 during mid-day trading on Thursday, reaching $68.08. The company’s stock had a trading volume of 19,813,370 shares, compared to its average volume of 42,527,969. 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 1 year low of $65.08 and a 1 year high of $124.86. The stock has a fifty day moving average of $75.81 and a 200-day moving average of $82.56. The firm has a market capitalization of $283.46 billion, a PE ratio of 21.42, a price-to-earnings-growth ratio of 0.99 and a beta of 1.53.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 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 return on equity of 40.02% and a net margin of 28.22%.The business’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.72 EPS. Equities research analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current year.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Deutsche Bank upgraded Netflix to Buy, arguing that investors are undervaluing international engagement, global content production, advertising, and artificial-intelligence initiatives. The bank lowered its price target to $95 and reduced estimates, but said the valuation reset has improved the long-term risk-reward profile. Deutsche Bank Makes a Contrarian Call on Netflix
• Positive Sentiment: Additional potential catalysts include live programming, advertising monetization, pricing, and international growth. Evercore ISI raised its target to $110, citing lower churn intentions and the possibility that major live events—including WWE programming in Japan—can boost sign-ups and engagement. Netflix Co-CEO Says Streaming Giant Is Racing for Faster Growth
• Neutral Sentiment: Co-CEO Ted Sarandos said Netflix is growing more slowly than he would like while highlighting live content and new programming as ways to accelerate expansion. Investors will look for evidence that these initiatives can improve engagement and monetization without distracting from Netflix’s core original content. Netflix Co-CEO Sarandos Says Growth Is Slower Than Desired
• Negative Sentiment: Investors are concerned that Netflix may be losing the battle for viewers’ attention to YouTube and other platforms. Critics point to weaker original-content reception and questions about whether gaming, podcasts, live events, and advertising could dilute the programming that drives engagement. Netflix’s Problem Isn’t Subscribers, It’s Losing the Attention War
• Negative Sentiment: Analyst opinion remains divided ahead of earnings. HSBC has a $76 target and cited YouTube competition, while Wells Fargo set a $57 target and warned that decelerating revenue and limited advertising contribution could pressure the stock. Rising content commitments and heavier upfront spending are also raising concerns about free cash flow. Netflix’s Content Commitments Rise: Is Cash Flow Under Pressure?

Insiders Place Their Bets

In related news, CFO Spencer Neumann sold 9,248 shares of Netflix stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $75.79, for a total value 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 trade represents a 11.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Theodore Sarandos sold 27,312 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $73.35, for a total transaction of $2,003,335.20. Following the sale, the chief executive officer directly owned 178,954 shares in the company, valued at $13,126,275.90. This trade represents a 13.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 90 days, insiders have sold 179,045 shares of company stock valued at $13,132,194. 1.24% of the stock is currently owned by corporate insiders.

Netflix 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.