Netflix, Inc. $NFLX Shares Sold by Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust

Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust reduced its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 9.5% during the 3rd quarter, Holdings Channel.com reports. The firm owned 152,548 shares of the Internet television network’s stock after selling 16,097 shares during the quarter. Netflix comprises approximately 2.6% of Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings, making the stock its 14th biggest position. Retail Employees Superannuation Pty Ltd as trustee for Retail Employees Superannuation Trust’s holdings in Netflix were worth $10,614,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of NFLX. Jeppson Wealth Management LLC boosted its position in Netflix by 25.0% in the 3rd quarter. Jeppson Wealth Management LLC now owns 15,182 shares of the Internet television network’s stock worth $1,056,000 after purchasing an additional 3,039 shares in the last quarter. Investment Research Partners LLC grew its stake in shares of Netflix by 9.0% during the 3rd quarter. Investment Research Partners LLC now owns 4,196 shares of the Internet television network’s stock worth $292,000 after purchasing an additional 345 shares during the period. Columbia Asset Management increased its holdings in shares of Netflix by 4.3% during the 3rd quarter. Columbia Asset Management now owns 38,398 shares of the Internet television network’s stock valued at $2,672,000 after purchasing an additional 1,600 shares in the last quarter. Maia Wealth LLC increased its holdings in shares of Netflix by 31.0% during the 3rd quarter. Maia Wealth LLC now owns 11,081 shares of the Internet television network’s stock valued at $771,000 after purchasing an additional 2,622 shares in the last quarter. Finally, Tanager Wealth Management LLP increased its holdings in shares of Netflix by 7.2% during the 3rd quarter. Tanager Wealth Management LLP now owns 7,626 shares of the Internet television network’s stock valued at $531,000 after purchasing an additional 509 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Stock Down 1.0%

Shares of NFLX opened at $69.85 on Tuesday. The firm has a market cap of $290.85 billion, a P/E ratio of 26.65, a PEG ratio of 1.00 and a beta of 1.62. Netflix, Inc. has a 12 month low of $65.08 and a 12 month high of $124.86. The stock’s 50 day moving average is $75.04 and its two-hundred day moving average is $80.38. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on NFLX. TD Cowen reiterated a “buy” rating and issued a $100.00 target price on shares of Netflix in a research note on Monday, October 5th. Robert W. Baird set a $90.00 price target on shares of Netflix and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Rothschild & Co Redburn cut their price objective on shares of Netflix from $120.00 to $93.00 and set a “buy” rating for the company in a report on Tuesday, July 21st. CLSA assumed coverage on shares of Netflix in a report on Monday, July 20th. They issued an “outperform” rating for the company. Finally, DZ Bank reiterated a “buy” rating on shares of Netflix in a research report on Monday, July 20th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $93.38.

Insider Buying and Selling at Netflix

In related news, insider David A. Hyman sold 5,723 shares of Netflix stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total value of $416,920.55. Following the sale, the insider owned 316,100 shares of the company’s stock, valued at approximately $23,027,885. This trade represents a 1.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard N. Barton sold 2,160 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $75.10, for a total transaction of $162,216.00. Following the completion of the sale, the director directly owned 246 shares of the company’s stock, valued at approximately $18,474.60. The trade was a 89.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 179,045 shares of company stock worth $13,132,194. 1.24% of the stock is currently owned by corporate insiders.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s advertising business provides a potential growth offset. The company is targeting approximately $3 billion in 2026 advertising revenue, while upfront commitments have nearly doubled. Jefferies also initiated coverage with a Buy rating and an $85 price target, citing advertising, pricing and live sports as growth drivers. Can Ad-Supported Streaming Momentum Boost Netflix’s Q3 Results?
• Positive Sentiment: Wall Street expects third-quarter revenue of about $12.87 billion and earnings of approximately $0.82 per share, with some analysts remaining bullish despite recent price-target reductions. A new content deal with Brazil’s Globo also expands Netflix’s international programming pipeline. Netflix Gears Up for Q3 Earnings
• Neutral Sentiment: Netflix reports after the close, making earnings, subscriber and viewing trends, advertising monetization, content spending and forward guidance the immediate catalysts. The report could either validate the recent rebound or extend the stock’s decline after five consecutive post-earnings drops. Netflix Q3 Earnings Are Today
• Negative Sentiment: Investors are concerned that viewer engagement has weakened and that Netflix has struggled to produce compelling original programming. The company’s roughly 1,000 layoffs—about 6% of its workforce—plus the departures of film chief Dan Lin and Chief Content Officer Bela Bajaria signal a broad restructuring and raise questions about execution. Netflix Faces Questions on User Engagement
• Negative Sentiment: Broader technology weakness tied to renewed concerns about artificial-intelligence spending is weighing on the market backdrop. Separately, a potential HBO-Paramount/Skydance combination could create a stronger competitor, adding pressure to Netflix’s long-term growth outlook. Could Skydance Pose a Big Threat to Netflix’s Future Growth?

About Netflix

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.