Netflix, Inc. $NFLX Shares Acquired by WP Advisors LLC

WP Advisors LLC grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 7.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 141,341 shares of the Internet television network’s stock after acquiring an additional 9,611 shares during the period. Netflix comprises approximately 2.2% of WP Advisors LLC’s investment portfolio, making the stock its 10th biggest holding. WP Advisors LLC’s holdings in Netflix were worth $9,835,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. bought a new position in Netflix in the second quarter worth approximately $24,902,221,000. State Street Corp raised its position in Netflix by 4.9% during the 2nd quarter. State Street Corp now owns 180,129,582 shares of the Internet television network’s stock valued at $12,861,252,000 after purchasing an additional 8,474,820 shares in the last quarter. Bank of America Corp DE raised its position in Netflix by 4.3% during the 1st quarter. Bank of America Corp DE now owns 57,942,812 shares of the Internet television network’s stock valued at $5,571,201,000 after purchasing an additional 2,376,349 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Netflix in the 2nd quarter worth $1,906,482,000. Finally, Legal & General Group Plc purchased a new stake in shares of Netflix in the 2nd quarter worth $1,886,526,000. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Up 3.1%

Shares of NASDAQ NFLX opened at $67.05 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.14 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $279.19 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 0.92 and a beta of 1.62. The stock’s fifty day simple moving average is $74.52 and its two-hundred day simple moving average is $79.74. Netflix, Inc. has a 12-month low of $64.10 and a 12-month high of $116.73.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.05. The business had revenue of $12.87 billion for the quarter, compared to the consensus estimate of $12.87 billion. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The business’s revenue was up 11.9% compared to the same quarter last year. During the same period last year, the business posted $0.59 EPS. As a group, analysts expect that Netflix, Inc. will post 3.58 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on NFLX. Citizens Jmp reissued a “market perform” rating on shares of Netflix in a research report on Wednesday. Pivotal Research restated a “hold” rating and issued a $65.00 price objective (down from $70.00) on shares of Netflix in a report on Wednesday. Evercore restated an “outperform” rating and issued a $90.00 price objective on shares of Netflix in a report on Wednesday. Rosenblatt Securities set a $71.00 price objective on shares of Netflix and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Weiss Ratings upgraded shares of Netflix from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Netflix presently has a consensus rating of “Moderate Buy” and an average target price of $89.59.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Investors are treating the sell-off as a potential buying opportunity. Netflix beat third-quarter EPS expectations, generated $12.87 billion in revenue, and increased operating income 34.6% year over year. Several analysts—including UBS, JPMorgan, Bank of America, and TD Cowen—retained positive ratings despite lowering price targets. Stock Market Today, Oct. 22: Netflix Rises as Investors Capitalize on Post-Earnings Sell-Off
• Positive Sentiment: Netflix’s valuation has become more attractive after the decline, with investors emphasizing rising profits, more than 300 million subscribers, pricing power, and potential long-term growth from advertising, live events, and international content. The company’s buybacks are substantial, although management appears to follow a systematic rather than opportunistic repurchase strategy. The Truth About Netflix’s Massive Stock Buybacks
• Neutral Sentiment: Management continues to target double-digit revenue growth and expects advertising revenue to grow more than 80% in 2026. Netflix is investing in original programming, theatrical releases, live sports, and events such as NFL games, but executives acknowledge that viewer-hour growth and content execution need to improve.
• Negative Sentiment: The principal pressure is Netflix’s fourth-quarter outlook: EPS guidance of $0.67 trails the $0.73 consensus, while projected revenue of $13.4 billion is below the $13.5 billion estimate. Full-year revenue guidance was also slightly reduced. ETFs in Focus as Netflix Shares Tumble Amid Q3 Earnings Beat, Guidance Cut
• Negative Sentiment: Netflix cut its 2026 advertising-revenue forecast from approximately $3 billion to $2.7 billion, reinforcing concerns about slower growth, delayed ad execution, weaker engagement, and competition from YouTube, TikTok, and lower-cost streaming options. Multiple analysts consequently lowered price targets, while Needham downgraded the stock to Hold. Why Netflix Stock Dropped Today

Insider Activity at Netflix

In related news, Director Richard Barton sold 720 shares of the firm’s stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $75.27, for a total transaction of $54,194.40. Following the sale, the director owned 2,460 shares of the company’s stock, valued at $185,164.20. This trade represents a 22.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory Peters sold 27,312 shares of Netflix stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $73.54, for a total value of $2,008,524.48. Following the completion of the transaction, the chief executive officer owned 120,931 shares in the company, valued at $8,893,265.74. This trade represents a 18.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 179,045 shares of company stock valued at $13,132,194 over the last 90 days. Company insiders own 1.24% of the company’s stock.

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.