Netflix, Inc. $NFLX Stake Boosted by Lazard Asset Management LLC

Lazard Asset Management LLC boosted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 27.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,137,492 shares of the Internet television network’s stock after purchasing an additional 245,064 shares during the quarter. Lazard Asset Management LLC’s holdings in Netflix were worth $109,370,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in NFLX. Brighton Jones LLC boosted its holdings in shares of Netflix by 5.0% in the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock valued at $4,804,000 after buying an additional 257 shares during the period. Revolve Wealth Partners LLC raised its stake in Netflix by 16.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock worth $912,000 after acquiring an additional 144 shares during the period. Sivia Capital Partners LLC raised its stake in Netflix by 21.2% during the second quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock worth $1,883,000 after acquiring an additional 246 shares during the period. Strategic Investment Advisors MI lifted its holdings in Netflix by 18.9% in the second quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock worth $1,036,000 after acquiring an additional 123 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its holdings in Netflix by 12.1% in the second quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network’s stock worth $2,832,000 after acquiring an additional 228 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Performance

NFLX opened at $70.40 on Tuesday. Netflix, Inc. has a twelve month low of $65.08 and a twelve month high of $126.71. The stock has a market cap of $293.14 billion, a PE ratio of 22.16, a price-to-earnings-growth ratio of 0.88 and a beta of 1.52. The business’s 50 day moving average is $77.95 and its 200-day moving average is $85.87. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39.

Netflix (NASDAQ:NFLX) last announced its earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $12.58 billion. During the same quarter in the previous year, the business earned $0.72 EPS. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. On average, analysts predict that Netflix, Inc. will post 3.59 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. Morgan Stanley restated an “overweight” rating and issued a $90.00 target price (down from $115.00) on shares of Netflix in a research note on Tuesday, July 14th. Oppenheimer set a $85.00 price target on Netflix and gave the stock an “outperform” rating in a research report on Friday, July 17th. China Intl Cap raised Netflix to a “strong-buy” rating in a report on Tuesday, July 21st. Bank of America restated a “buy” rating and set a $125.00 price objective on shares of Netflix in a research report on Monday, May 18th. Finally, The Goldman Sachs Group downgraded Netflix from an “underweight” rating to a “sell” rating in a research note on Monday, July 20th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and a consensus target price of $103.48.

Insider Activity at Netflix

In other Netflix news, insider David A. Hyman sold 5,722 shares of the business’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following the sale, the insider directly owned 316,100 shares in the company, valued at approximately $27,842,088. The trade was a 1.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Bradford L. Smith sold 35,990 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the completion of the sale, the director owned 79,690 shares in the company, valued at $6,177,568.80. The trade was a 31.11% 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 sold 899,839 shares of company stock worth $80,141,661 in the last three months. Insiders own 1.24% of the company’s stock.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Options traders remain constructive on Netflix, with call activity indicating that some investors expect the recovery to continue following the stock’s earnings-driven decline. Call Traders Aren’t Giving Up on Netflix Stock
• Positive Sentiment: Trader Mike Khouw said Netflix’s fundamental story remains intact despite the selloff, suggesting the decline could create an attractive setup if the company continues expanding profitability and monetizing advertising. The bullish case is also supported by analysts who view the concerns weighing on the stock as excessive. Netflix woes setting up for a Hollywood ending, says trader Mike Khouw
• Positive Sentiment: Netflix’s expanding margins, free cash flow, and substantial share repurchases provide fundamental support. The company has shifted toward profitable growth rather than maximizing subscribers, while some investors believe the stock’s decline has created better long-term value. Netflix: Record Buybacks, Rising Margins, and a Slate in Need of a Refresh
• Neutral Sentiment: Kalshi sent Netflix a cease-and-desist letter and threatened litigation over the trailer for the documentary Instadocs: The Prediction Games, alleging defamation and fabricated documents. The dispute could create reputational or legal risk, although its direct financial impact is unclear. Kalshi threatens to sue Netflix over prediction markets documentary
• Negative Sentiment: The recent earnings reaction remains a major overhang: Netflix missed revenue expectations and issued weak guidance, sending the stock sharply lower before its recovery. Investors are also questioning whether a share price still more than 40% below its high adequately reflects intensifying competition from Disney, Paramount, YouTube, short-form video, and AI-generated content. Netflix stock overview
• Negative Sentiment: A former Netflix executive sued the company, claiming he was fired after disclosing medically prescribed ketamine treatment. The allegations could add legal and reputational pressure, though they have not been adjudicated. Former Netflix executive lawsuit

About Netflix

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.