Netflix, Inc. $NFLX Shares Bought by Turtle Creek Wealth Advisors LLC

Turtle Creek Wealth Advisors LLC raised its holdings in Netflix, Inc. (NASDAQ:NFLX) by 20.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 45,550 shares of the Internet television network’s stock after purchasing an additional 7,885 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Netflix were worth $3,169,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. American Capital Advisory LLC grew its holdings in shares of Netflix by 0.8% during the 1st quarter. American Capital Advisory LLC now owns 13,990 shares of the Internet television network’s stock valued at $1,345,000 after acquiring an additional 109 shares in the last quarter. CWS Financial Advisors LLC increased its stake in shares of Netflix by 3.2% in the first quarter. CWS Financial Advisors LLC now owns 3,612 shares of the Internet television network’s stock worth $347,000 after acquiring an additional 112 shares during the last quarter. Warner Group LLC raised its holdings in shares of Netflix by 2.2% during the first quarter. Warner Group LLC now owns 5,230 shares of the Internet television network’s stock worth $503,000 after acquiring an additional 114 shares in the last quarter. Financial Avengers Inc. raised its holdings in shares of Netflix by 9.8% during the first quarter. Financial Avengers Inc. now owns 1,290 shares of the Internet television network’s stock worth $124,000 after acquiring an additional 115 shares in the last quarter. Finally, PAX Financial Group LLC boosted its position in Netflix by 2.5% during the first quarter. PAX Financial Group LLC now owns 4,847 shares of the Internet television network’s stock valued at $466,000 after purchasing an additional 116 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analyst Upgrades and Downgrades

NFLX has been the topic of a number of recent research reports. Itau BBA Securities lowered their target price on Netflix from $151.40 to $96.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 5th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $90.00 price target on shares of Netflix in a research note on Tuesday, October 6th. Phillip Securities raised Netflix from a “moderate buy” rating to a “strong-buy” rating and set a $110.00 price target for the company in a research note on Sunday, July 19th. UBS Group reduced their price target on Netflix from $130.00 to $115.00 and set a “buy” rating for the company in a report on Friday, July 17th. Finally, Rothschild & Co Redburn lowered their price target on Netflix from $120.00 to $93.00 and set a “buy” rating for the company in a research note on Tuesday, July 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $94.41.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Jefferies initiated coverage of Netflix (NFLX) with a Buy rating and an $85 price target, implying meaningful upside from recent levels. The analyst’s endorsement may be supporting the shares ahead of earnings. Netflix stock gets bullish analyst call ahead of next week’s earnings
• Positive Sentiment: Netflix secured exclusive rights to broadcast the 2030 FIFA World Cup in Spain and Andorra. The deal could increase viewing engagement, strengthen the company’s sports offering and support subscriber retention, although its financial impact is not yet clear. Netflix lands 2030 World Cup rights
• Neutral Sentiment: Wall Street is focusing on projections for revenue, earnings and key operating metrics for the September 2026 quarter. The estimates raise the risk of a volatile reaction when Netflix reports, particularly if management provides weaker engagement or guidance. Netflix Q3 earnings estimates
• Negative Sentiment: Netflix plans to eliminate roughly 1,000 jobs, or 6% of its workforce, its largest reduction since 2022. Management says the cuts will improve discipline and redirect resources, but investors view the move as evidence of slowing growth and intensifying competition. Netflix laying off roughly 6% of its workforce
• Negative Sentiment: Third-party data reportedly showed a 16.6% increase in U.S. app churn, alongside declining viewing time. These trends threaten subscriber retention and engagement just before the earnings report. Netflix U.S. app churn warning
• Negative Sentiment: Analyst sentiment has become mixed to bearish: KeyCorp issued a pessimistic forecast, Erste Group lowered earnings estimates, and Huber Research downgraded the stock to Sell. The concerns center on weaker growth, rising content costs and margin pressure.

Netflix Stock Up 3.4%

Shares of NFLX traded up $2.38 during trading hours on Thursday, hitting $72.95. 22,748,929 shares of the company were exchanged, compared to its average volume of 42,164,242. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market cap of $303.75 billion, a PE ratio of 22.98, a PEG ratio of 0.99 and a beta of 1.62. The firm’s 50 day moving average is $75.27 and its 200-day moving average is $80.87. Netflix, Inc. has a 52 week low of $65.08 and a 52 week high of $124.86.

Netflix (NASDAQ:NFLX) last announced its earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Netflix had a return on equity of 40.02% and a net margin of 28.22%. The firm had revenue of $12.56 billion during the quarter, compared to analysts’ expectations of $12.58 billion. During the same quarter in the prior year, the business earned $0.72 earnings per share. The company’s revenue was up 13.4% on a year-over-year basis. On average, equities research analysts forecast that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Gregory Peters sold 27,312 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total transaction of $2,008,524.48. Following the completion of the sale, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at approximately $8,893,265.74. This represents a 18.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Spencer Neumann sold 9,248 shares of the firm’s 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 transaction, the chief financial officer owned 73,787 shares in the company, valued at $5,592,316.73. The trade was a 11.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 179,045 shares of company stock valued at $13,132,194 in the last three months. Company insiders own 1.24% of the company’s stock.

Netflix Company 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.