Lyell Wealth Management LP lowered its stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 4.1% during the third quarter, HoldingsChannel.com reports. The firm owned 204,803 shares of the Internet television network’s stock after selling 8,725 shares during the period. Lyell Wealth Management LP’s holdings in Netflix were worth $14,250,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Netflix during the 2nd quarter valued at $26,000. Sawyer & Company Inc purchased a new position in shares of Netflix in the 3rd quarter worth $27,000. Compound Global Advisors LLC purchased a new position in shares of Netflix in the 2nd quarter worth $29,000. Burnham & Co LLC purchased a new position in shares of Netflix in the 2nd quarter worth $29,000. Finally, Torren Management LLC boosted its holdings in Netflix by 116.4% in the third quarter. Torren Management LLC now owns 463 shares of the Internet television network’s stock valued at $32,000 after acquiring an additional 249 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the company. Weiss Ratings downgraded Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 23rd. Jefferies Financial Group set a $85.00 price target on Netflix and gave the stock a “buy” rating in a research note on Thursday, October 15th. TD Cowen restated a “buy” rating and issued a $100.00 price objective on shares of Netflix in a report on Wednesday, October 21st. Evercore restated an “outperform” rating and issued a $90.00 price objective on shares of Netflix in a report on Wednesday, October 21st. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $78.00 price objective (down from $85.00) on shares of Netflix in a research note on Wednesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.14.
Netflix News Summary
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Netflix is rolling out an “AI Discover” tab, beginning with recommendations based on users’ moods. Better content discovery could encourage more viewing and support the company’s advertising ambitions. Article: Netflix’s new AI Discover tab helps you find something to watch based on your mood
- Positive Sentiment: Netflix hired former Google executive Darshan Kantak to lead its ads platform, a move that may strengthen its push to grow advertising revenue. Article: Netflix hires Darshan Kantak to lead ads platform
- Neutral Sentiment: Some commentary argues Netflix’s valuation is comparatively low and that continued revenue growth could offer long-term upside. These are investor opinions, not new company guidance or confirmed catalysts. Article: Netflix Trades at a Discount to the S&P 500’s Valuation. Is It Deserved?
- Negative Sentiment: Netflix trimmed its 2026 advertising-revenue forecast to about $2.7 billion and flagged softer engagement. The concerns may weigh on expectations for ad growth, even as the company forecasts a 31.5% full-year operating margin. Article: How Investors May Respond To Netflix Lower Ad Revenue Guidance
- Negative Sentiment: Reports say Netflix is cutting roughly 2%–3% of staff at its London hub, following a broader plan to eliminate about 1,000 roles. The restructuring adds to uncertainty about the company’s operations and growth outlook. Article: Netflix cuts UK staff and parts with production head Anna Mallett, report says
Insider Buying and Selling
In other news, Director Richard Barton sold 720 shares of the stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $75.27, for a total value of $54,194.40. Following the completion of the sale, the director owned 2,460 shares in the company, valued at approximately $185,164.20. This trade represents a 22.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bradford Smith sold 17,980 shares of the firm’s stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $64.03, for a total value of $1,151,259.40. Following the sale, the director owned 79,690 shares in the company, valued at approximately $5,102,550.70. The trade was a 18.41% 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 a total of 55,980 shares of company stock worth $3,970,756 in the last ninety days. 1.24% of the stock is owned by corporate insiders.
Netflix Stock Up 1.7%
Shares of Netflix stock opened at $63.42 on Wednesday. Netflix, Inc. has a twelve month low of $61.39 and a twelve month high of $116.73. The stock has a market cap of $260.42 billion, a price-to-earnings ratio of 18.33, a price-to-earnings-growth ratio of 0.91 and a beta of 1.62. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.43. The company has a fifty day moving average price of $72.00 and a 200 day moving average price of $81.31.
Netflix (NASDAQ:NFLX – Get Free Report) last released its quarterly earnings data on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, beating the consensus estimate of $0.82 by $0.05. The company had revenue of $12.87 billion for the quarter, compared to analyst estimates of $12.87 billion. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The firm’s revenue was up 11.9% compared to the same quarter last year. During the same period last year, the company posted $0.59 earnings per share. Equities research analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.
Netflix 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.
Further Reading
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