Westfield Capital Management Co. LP Trims Stake in Netflix, Inc. $NFLX

Westfield Capital Management Co. LP cut its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 8.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 230,648 shares of the Internet television network’s stock after selling 21,275 shares during the period. Netflix comprises about 1.2% of Westfield Capital Management Co. LP’s investment portfolio, making the stock its 16th biggest position. Westfield Capital Management Co. LP’s holdings in Netflix were worth $276,529,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently made changes to their positions in the stock. Retirement Wealth Solutions LLC purchased a new stake in Netflix in the 3rd quarter worth approximately $28,000. Legacy Investment Solutions LLC bought a new position in shares of Netflix in the second quarter worth approximately $31,000. Steph & Co. boosted its position in shares of Netflix by 188.9% in the third quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after purchasing an additional 17 shares during the period. Rossby Financial LCC purchased a new stake in shares of Netflix in the second quarter worth $35,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of Netflix during the 3rd quarter valued at $36,000. Institutional investors own 80.93% of the company’s stock.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Paramount raised its offer for Warner Bros. Discovery to $31/share and WBD signaled the revised bid could be a “company superior proposal,” increasing the odds Netflix won’t have to top the bid — investors cheered the reduced chance of Netflix overpaying. Paramount Confirms Revised Proposal
• Positive Sentiment: Market reaction and commentary suggest the move toward a Paramount-led outcome is why shares rallied — traders prefer Netflix keep its cash and avoid a risky integration. Netflix Stock Gains; Market Bets It Loses Warner to Paramount
• Positive Sentiment: Top investor activity: Coatue (Philippe Laffont) materially increased its Netflix stake, a vote of confidence from an institutional buyer that can support sentiment. Billionaire Philippe Laffont Is Buying Up Netflix Stock
• Neutral Sentiment: Options flow was unusually large (big call buying), which can amplify moves but also reflects speculative positioning rather than fundamentals.
• Neutral Sentiment: Corporate outreach continues: Netflix’s CFO will speak at a Morgan Stanley TMT conference next week — a reminder management remains engaged with investors amid the deal noise. Netflix CFO to Participate in Morgan Stanley TMT Conference
• Negative Sentiment: Regulatory and political risk escalated: 11 state attorneys general asked the DOJ to probe the Netflix–WBD deal, and Netflix’s CEO is set to meet at the White House — these developments keep antitrust and political scrutiny on the table and could complicate any transaction. 11 US States Urge DOJ Probe Sarandos to Visit White House

Netflix Price Performance

Shares of Netflix stock opened at $82.71 on Thursday. The stock has a market cap of $349.23 billion, a price-to-earnings ratio of 32.73, a price-to-earnings-growth ratio of 1.39 and a beta of 1.71. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. The stock has a 50 day moving average price of $85.98 and a 200-day moving average price of $104.83. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The company had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same period last year, the company earned $0.43 earnings per share. Netflix’s revenue was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Equities analysts expect that Netflix, Inc. will post 24.58 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Phillip Securities raised shares of Netflix from a “sell” rating to a “moderate buy” rating and upped their target price for the stock from $95.00 to $100.00 in a report on Monday, January 26th. Wolfe Research set a $95.00 price objective on Netflix and gave the company an “outperform” rating in a research report on Wednesday, January 21st. Piper Sandler reaffirmed a “positive” rating and issued a $103.00 price objective (down from $140.00) on shares of Netflix in a research note on Wednesday, January 21st. HSBC decreased their target price on Netflix from $107.00 to $106.00 and set a “buy” rating on the stock in a research note on Wednesday, January 21st. Finally, Benchmark restated a “hold” rating on shares of Netflix in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $116.08.

Insider Buying and Selling

In related news, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $83.24, for a total transaction of $2,273,450.88. Following the completion of the transaction, the chief executive officer owned 122,140 shares in the company, valued at $10,166,933.60. The trade was a 18.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Reed Hastings sold 390,970 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $83.63, for a total value of $32,696,821.10. Following the completion of the transaction, the director directly owned 3,940 shares in the company, valued at $329,502.20. This trade represents a 99.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,399,163 shares of company stock worth $129,899,103 over the last three months. 1.37% of the stock is currently owned by company insiders.

Netflix Company Profile

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.