Netflix, Inc. $NFLX Stock: Sumitomo Mitsui DS Asset Management Company Ltd Boosts Position

Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 1.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 621,119 shares of the Internet television network’s stock after acquiring an additional 7,736 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Netflix were worth $43,217,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of Netflix during the 2nd quarter worth approximately $26,000. Compound Global Advisors LLC acquired a new stake in Netflix during the 2nd quarter valued at $29,000. Burnham & Co LLC acquired a new stake in Netflix during the 2nd quarter valued at $29,000. Merkkuri Wealth Advisors LLC acquired a new stake in Netflix during the 1st quarter valued at $31,000. Finally, Bayban increased its position in Netflix by 400.0% during the first quarter. Bayban now owns 350 shares of the Internet television network’s stock worth $34,000 after buying an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on NFLX shares. Wedbush cut their price target on Netflix from $105.00 to $90.00 and set an “outperform” rating for the company in a report on Friday. TD Cowen reiterated a “buy” rating and set a $100.00 price objective on shares of Netflix in a research report on Monday, October 5th. Citigroup reissued a “market perform” rating on shares of Netflix in a research note on Thursday. Wolfe Research restated an “outperform” rating and issued a $95.00 target price (up from $84.00) on shares of Netflix in a report on Tuesday, August 25th. Finally, Yorkville Ives assumed coverage on shares of Netflix in a report on Monday, October 5th. They issued an “in-line” rating and a $75.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $93.38.

Netflix Price Performance

Shares of Netflix stock opened at $69.85 on Tuesday. Netflix, Inc. has a twelve month low of $65.08 and a twelve month high of $124.86. The stock has a market capitalization of $290.85 billion, a P/E ratio of 21.99, a PEG ratio of 1.00 and a beta of 1.62. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. The business’s fifty day moving average price is $75.04 and its 200 day moving average price is $80.38.

Insider Buying and Selling

In other news, insider David Hyman sold 5,723 shares of Netflix stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total value of $416,920.55. Following the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at $23,027,885. The trade was a 1.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard Barton sold 2,160 shares of the business’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $75.10, for a total value of $162,216.00. Following the sale, the director owned 246 shares of the company’s stock, valued at $18,474.60. The trade was a 89.78% decrease in their position. The SEC filing for this sale provides additional information. 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. Corporate insiders own 1.24% of the company’s stock.

Netflix News Summary

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?

Netflix Company Profile

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.