Pointe Capital Management LLC Acquires Shares of 11,436 Netflix, Inc. $NFLX

Pointe Capital Management LLC acquired a new stake in Netflix, Inc. (NASDAQ:NFLX) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,436 shares of the Internet television network’s stock, valued at approximately $817,000.

Several other large investors have also made changes to their positions in the business. BlackRock Inc. purchased a new stake in Netflix in the 2nd quarter worth $24,902,221,000. State Street Corp raised its position in Netflix by 927.6% during 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 acquiring an additional 159,578,053 shares during the period. Geode Capital Management LLC lifted its holdings in Netflix by 892.0% during the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock valued at $9,305,336,000 after purchasing an additional 89,558,684 shares in the last quarter. Capital World Investors lifted its holdings in Netflix by 859.1% during the fourth quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock valued at $8,376,656,000 after purchasing an additional 80,025,890 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Netflix by 685.8% in the fourth 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 purchasing an additional 75,107,069 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is reportedly exploring the ability to sell subscriptions to rival services such as Peacock and Fox One. Becoming a broader streaming-subscription hub could increase customer convenience, generate additional fees and strengthen Netflix’s position as a central entertainment platform. Netflix Stock Rises on Report It May Sell Subscriptions to Rival Streaming Services
• Positive Sentiment: Netflix’s growing NFL partnership and possible access to other streaming services could give viewers more reasons to remain within its app, supporting engagement and the company’s advertising business. Netflix Stock: NFL Growth and Rival Streaming Access Could Grow Its Ad Business
• Positive Sentiment: Investors are also focused on Netflix’s low-priced ad-supported tier, sports strategy and international expansion. Pershing Square’s increased stake has provided an additional vote of confidence in the company’s diversification and monetization plans. How Investors May Respond To Netflix Ad Tier, Sports Push, and Pershing Square’s Bigger Bet
• Neutral Sentiment: Reported short interest was listed at zero shares, making the data unreliable and offering little meaningful indication of short-covering activity.
• Neutral Sentiment: Netflix generated approximately $2.8 billion in 2025 UK revenue, surpassing ITV for the first time and highlighting its international scale. Netflix Posts $2.8B Revenues In UK To Overtake ITV For First Time
• Negative Sentiment: YouTube’s efforts to lock up prominent creators could trigger a bidding war for content, increasing Netflix’s programming costs and pressuring margins. YouTube Could Spark a Creator Bidding War That Hurts Netflix Stock
• Negative Sentiment: A leadership change in Netflix’s advertising division creates some execution uncertainty as the company works to scale its ad business. Netflix parts ways with a key ad executive

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Oppenheimer set a $85.00 target price on shares of Netflix and gave the stock an “outperform” rating in a research note on Friday, July 17th. Wedbush decreased their price target on shares of Netflix from $118.00 to $105.00 and set an “outperform” rating on the stock in a research note on Friday, July 17th. KeyCorp reiterated an “overweight” rating and issued a $92.00 price objective (down from $115.00) on shares of Netflix in a report on Monday, July 13th. Phillip Securities upgraded Netflix from a “moderate buy” rating to a “strong-buy” rating in a research note on Sunday, July 19th. Finally, Citigroup reissued a “market perform” rating on shares of Netflix in a report on Monday, August 17th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, seventeen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $103.19.

Netflix Trading Up 2.8%

Shares of Netflix stock opened at $82.23 on Wednesday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. The stock’s 50 day simple moving average is $74.42 and its 200-day simple moving average is $84.36. The stock has a market cap of $342.40 billion, a P/E ratio of 25.88, a P/E/G ratio of 1.00 and a beta of 1.52. Netflix, Inc. has a 1-year low of $65.08 and a 1-year high of $126.71.

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

Insiders Place Their Bets

In other news, CEO Theodore A. Sarandos sold 27,312 shares of Netflix stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $73.35, for a total transaction of $2,003,335.20. Following the transaction, the chief executive officer owned 178,954 shares in the company, valued at $13,126,275.90. The trade was a 13.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 9,248 shares of the business’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $75.79, for a total transaction of $700,905.92. Following the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $5,592,316.73. The trade was a 11.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 600,295 shares of company stock worth $49,056,671. 1.24% 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.