Northeast Investment Management Reduces Holdings in Netflix, Inc. $NFLX

Northeast Investment Management reduced its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 7.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 188,742 shares of the Internet television network’s stock after selling 15,063 shares during the period. Northeast Investment Management’s holdings in Netflix were worth $18,148,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in Netflix by 912.5% during the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock valued at $36,567,805,000 after purchasing an additional 351,493,659 shares during the period. State Street Corp raised its stake in shares of Netflix by 927.6% in the fourth quarter. State Street Corp now owns 176,780,995 shares of the Internet television network’s stock worth $16,574,986,000 after buying an additional 159,578,053 shares during the period. Geode Capital Management LLC raised its stake in shares of Netflix by 892.0% in the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock worth $9,305,336,000 after buying an additional 89,558,684 shares during the period. Capital World Investors lifted its position in shares of Netflix by 859.1% during the 4th quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock valued at $8,376,656,000 after buying an additional 80,025,890 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of Netflix by 685.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 86,058,878 shares of the Internet television network’s stock valued at $8,068,882,000 after buying an additional 75,107,069 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix announced a new AI advertising partnership with Omnicom Media, combining Acxiom audience data with Netflix’s ad tech to create hyper-personalized, dynamically generated ads. The deal supports Netflix’s push to grow its ad-supported business and could open a new revenue stream. Netflix (NFLX) Teams Up With Omnicom Media To Bring AI Ads Onto The Platform
• Positive Sentiment: Netflix continues expanding beyond core streaming, with recent coverage highlighting growth opportunities in advertising, live events, and gaming. Investors looking for a turnaround may see these initiatives as long-term catalysts. Netflix’s Next Act: Beyond Streaming
• Positive Sentiment: Netflix previewed a new slate of animated projects at the Annecy International Animation Film Festival, reinforcing that its content pipeline remains active and that hits from animation could support engagement and subscriber retention. Netflix Previews New Slate At Annecy International Animation Film Fest
• Neutral Sentiment: Recent commentary from analysts and media outlets has focused on Netflix’s weak share performance, its 18-20 month lows, and speculation about acquisitions or “future” growth strategies; these articles reflect sentiment rather than a specific operational update. Netflix is growing but its stock price is shrinking, as the specter of M&A spooks investors
• Neutral Sentiment: Short-interest data showed no meaningful change, so it does not appear to be a major driver of the stock’s move today.
• Negative Sentiment: Multiple reports emphasized that NFLX has fallen sharply from recent highs and is trading near its 52-week low, underscoring investor concern about slowing momentum and valuation risk. Netflix Stock Craters To Lowest Level In 20 Months
• Negative Sentiment: Ongoing criticism that Netflix may be “desperate” to pursue major acquisitions or other big strategic moves is weighing on sentiment, as investors worry about execution and capital allocation. ‘Think About the Future,’ Says Investor About Netflix Stock

Insider Activity

In other news, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total value of $2,805,740.00. Following the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $7,231,126. The trade was a 27.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Theodore A. Sarandos sold 27,312 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the sale, the chief executive officer owned 284,804 shares in the company, valued at $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 1,349,019 shares of company stock valued at $123,105,721. 1.24% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on NFLX. Citic Securities increased their target price on shares of Netflix from $95.00 to $107.00 and gave the stock a “hold” rating in a report on Monday, April 27th. President Capital upped their price target on shares of Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a research report on Tuesday, March 31st. DZ Bank reissued a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Piper Sandler restated an “overweight” rating and set a $115.00 target price (up from $103.00) on shares of Netflix in a research note on Friday, April 17th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Netflix from $98.00 to $100.00 and gave the stock a “hold” rating in a report on Tuesday, April 14th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Netflix currently has an average rating of “Moderate Buy” and an average price target of $114.26.

Netflix Price Performance

NFLX stock opened at $70.90 on Friday. Netflix, Inc. has a one year low of $70.86 and a one year high of $134.12. The company’s fifty day moving average price is $86.36 and its 200-day moving average price is $89.10. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market capitalization of $298.55 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 0.91 and a beta of 1.50.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. Netflix’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period last year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

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.