Netflix, Inc. $NFLX Stock: Formuepleje A S Decreases Stake

Formuepleje A S trimmed its stake in Netflix, Inc. (NASDAQ:NFLX) by 35.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,479 shares of the Internet television network’s stock after selling 10,352 shares during the period. Formuepleje A S’s holdings in Netflix were worth $1,286,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of NFLX. Nykredit A S purchased a new stake in Netflix during the second quarter worth $105,697,000. Rockland Trust Co. increased its position in shares of Netflix by 27.5% during the third quarter. Rockland Trust Co. now owns 219,221 shares of the Internet television network’s stock worth $15,253,000 after purchasing an additional 47,339 shares in the last quarter. Ritholtz Wealth Management grew its holdings in shares of Netflix by 25.0% during the first quarter. Ritholtz Wealth Management now owns 106,451 shares of the Internet television network’s stock worth $10,235,000 after buying an additional 21,260 shares in the last quarter. Welch & Forbes LLC lifted its stake in Netflix by 3,464.5% in the 1st quarter. Welch & Forbes LLC now owns 118,448 shares of the Internet television network’s stock worth $11,389,000 after purchasing an additional 115,125 shares in the last quarter. Finally, USS Investment Management Ltd lifted its position in Netflix by 31.8% during the first quarter. USS Investment Management Ltd now owns 886,527 shares of the Internet television network’s stock worth $85,244,000 after buying an additional 213,972 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Key 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 Price Performance

NFLX traded up $2.42 during trading on Thursday, reaching $72.99. 22,748,929 shares of the stock were exchanged, compared to its average volume of 42,164,242. The company has a market capitalization of $303.91 billion, a price-to-earnings ratio of 22.98, a P/E/G ratio of 0.99 and a beta of 1.62. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $124.86. The business’s 50 day moving average price is $75.27 and its two-hundred day moving average price is $80.87. 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) last posted its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $12.56 billion for 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 quarter last year, the company earned $0.72 earnings per share. As a group, equities research analysts anticipate that Netflix, Inc. will post 3.59 earnings per share for the current year.

Insider Buying and Selling

In other 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 transaction of $700,905.92. Following the sale, the chief financial officer owned 73,787 shares in the company, valued at $5,592,316.73. This trade represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Richard Barton sold 720 shares of the company’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $75.27, for a total transaction of $54,194.40. Following the completion of the transaction, the director directly owned 2,460 shares of the company’s stock, valued at approximately $185,164.20. The trade was a 22.64% decrease in their ownership of the stock. 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. Insiders have sold 179,045 shares of company stock valued at $13,132,194 over the last three months. Company insiders own 1.24% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on NFLX. Loop Capital decreased their price objective on Netflix from $115.00 to $95.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Wells Fargo & Company lowered shares of Netflix from a “neutral” rating to an “underweight” rating and reduced their target price for the stock from $80.00 to $57.00 in a report on Friday, September 18th. Barclays set a $70.00 target price on shares of Netflix and gave the stock an “equal weight” rating in a research note on Wednesday, October 7th. China Intl Cap raised Netflix to a “strong-buy” rating in a report on Tuesday, July 21st. Finally, Stephens initiated coverage on shares of Netflix in a research report on Friday, July 17th. They set an “overweight” rating for the company. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Netflix currently has a consensus rating of “Moderate Buy” and an average target price of $94.41.

About Netflix

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.