NBT Bank N.A. Acquires 45,044 Shares of Netflix, Inc. $NFLX

NBT Bank N.A. acquired a new position in Netflix, Inc. (NASDAQ:NFLX) in the 3rd quarter, Holdings Channel.com reports. The institutional investor acquired 45,044 shares of the Internet television network’s stock, valued at approximately $3,134,000.

A number of other hedge funds have also bought and sold shares of NFLX. Merkkuri Wealth Advisors LLC purchased a new stake in shares of Netflix during the 1st quarter valued at about $31,000. Bayban grew its stake in shares of Netflix by 400.0% in the first quarter. Bayban now owns 350 shares of the Internet television network’s stock worth $34,000 after acquiring an additional 280 shares during the period. Clal Insurance Enterprises Holdings Ltd bought a new stake in shares of Netflix in the second quarter worth approximately $26,000. Sawyer & Company Inc bought a new stake in shares of Netflix in the third quarter worth approximately $27,000. Finally, Compound Global Advisors LLC purchased a new position in shares of Netflix during the second quarter valued at approximately $29,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Stock Performance

NFLX opened at $67.05 on Friday. The company’s 50 day moving average is $74.52 and its 200 day moving average is $79.74. 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 company has a market cap of $279.19 billion, a price-to-earnings ratio of 19.38, a PEG ratio of 0.92 and a beta of 1.62. Netflix, Inc. has a 12-month low of $64.10 and a 12-month high of $116.73.

Netflix (NASDAQ:NFLX) last announced its earnings results on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.05. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The business had revenue of $12.87 billion during the quarter, compared to analysts’ expectations of $12.87 billion. During the same period in the prior year, the company earned $0.59 earnings per share. The firm’s revenue was up 11.9% on a year-over-year basis. On average, equities research analysts predict that Netflix, Inc. will post 3.58 EPS for the current year.

Key Netflix News

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on NFLX. Rosenblatt Securities set a $71.00 price objective on shares of Netflix and gave the company a “neutral” rating in a research report on Wednesday. Bank of America cut their target price on shares of Netflix from $105.00 to $90.00 and set a “buy” rating for the company in a research report on Wednesday. Weiss Ratings raised shares of Netflix from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. CLSA started coverage on shares of Netflix in a research note on Monday, July 20th. They set an “outperform” rating for the company. Finally, Pivotal Research reissued a “hold” rating and set a $65.00 price target (down from $70.00) on shares of Netflix in a report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $89.59.

Insider Buying and Selling at Netflix

In other news, CFO Spencer Neumann sold 9,248 shares of the company’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $75.79, for a total value of $700,905.92. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at $5,592,316.73. This represents a 11.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider David A. Hyman sold 5,723 shares of the firm’s stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total value of $416,920.55. Following the completion of the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $23,027,885. This represents a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 179,045 shares of company stock worth $13,132,194. 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.