Netflix, Inc. $NFLX Holdings Decreased by Sapient Capital LLC

Sapient Capital LLC trimmed its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 62.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 176,024 shares of the Internet television network’s stock after selling 286,838 shares during the period. Sapient Capital LLC’s holdings in Netflix were worth $12,248,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Netflix in the 2nd quarter valued at about $24,902,221,000. Invesco Ltd. increased its stake in Netflix by 835.9% in the 4th quarter. Invesco Ltd. now owns 43,462,696 shares of the Internet television network’s stock valued at $4,075,062,000 after buying an additional 38,818,947 shares during the period. Bank of New York Mellon Corp purchased a new stake in Netflix in the 2nd quarter worth approximately $1,906,482,000. Legal & General Group Plc purchased a new stake in Netflix in the 2nd quarter worth approximately $1,886,526,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Netflix during the 2nd quarter valued at $1,481,303,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Stock Performance

Shares of NASDAQ NFLX traded up $1.87 during mid-day trading on Thursday, hitting $71.57. The company had a trading volume of 46,027,773 shares, compared to its average volume of 42,517,398. The firm has a market cap of $298.01 billion, a P/E ratio of 22.53, a PEG ratio of 0.97 and a beta of 1.62. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. Netflix, Inc. has a 12 month low of $65.08 and a 12 month high of $124.86. The business’s 50-day simple moving average is $75.48 and its 200-day simple moving average is $81.49.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. The firm had revenue of $12.56 billion during the quarter, compared to analyst estimates of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.72 earnings per share. As a group, analysts predict that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Insider Activity at Netflix

In related news, CFO Spencer Neumann sold 9,248 shares of Netflix stock in a transaction on Monday, August 10th. The stock was sold at an average price of $75.79, for a total transaction of $700,905.92. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $5,592,316.73. The trade was a 11.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Richard N. Barton sold 720 shares of the stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $75.27, for a total value of $54,194.40. Following the completion of the transaction, the director directly owned 2,460 shares in the company, valued at $185,164.20. The trade was a 22.64% decrease in their position. 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 179,045 shares of company stock valued at $13,132,194 over the last quarter. 1.24% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Warner Bros. deal exit removes major risk: Paramount reportedly paid Netflix approximately $2.8 billion to abandon its pursuit of Warner Bros. Discovery. The payment provides a substantial cash benefit while allowing Netflix to avoid the financing and integration risks of a large acquisition. Paramount paid Netflix $2.8 billion to walk away from its Warner Bros. deal
• Positive Sentiment: Analysts see value after the selloff: A Q3 preview describes Netflix as attractively priced, while Morgan Stanley maintained an “overweight” rating. Although it lowered its price target from $83 to $80, the revised target still implies meaningful upside from recent levels.
• Positive Sentiment: Potential growth beyond subscriptions: Commentary points to an underappreciated business segment—likely including advertising and other newer initiatives—as a possible future growth engine. Advertising revenue is expected to expand substantially, helping offset slower core subscriber and revenue growth. Netflix’s next growth engine could surprise investors
• Positive Sentiment: New content could support engagement: Netflix released a trailer for an eight-episode series about the FTX collapse, scheduled for November 19. The project is not a major financial catalyst by itself, but high-profile original programming can support viewing hours and subscriber retention.
• Neutral Sentiment: Tax-credit proposal offers a possible cost benefit: Proposed U.S. legislation could provide a 20%–30% tax credit for qualifying domestic film and television production. Netflix could benefit if the bill becomes law, but the legislation is not enacted and would apply only to future productions.
• Negative Sentiment: Growth is moderating: Second-quarter revenue rose 13.4% to $12.56 billion, while management expects approximately 11.7% growth in the third quarter. Investors are also concerned about rising content costs and Netflix’s valuation relative to its slower expected growth.
• Negative Sentiment: A larger rival is emerging: The completed Paramount-Warner Bros. combination creates a media group with substantial content assets and annual revenue exceeding Netflix’s, increasing competitive pressure. Its roughly $80 billion debt load may limit spending flexibility, but integration could eventually strengthen the rival’s streaming offering.

Wall Street Analyst Weigh In

Several analysts recently issued reports on NFLX shares. The Goldman Sachs Group reiterated a “buy” rating and set a $90.00 price objective on shares of Netflix in a report on Tuesday. President Capital cut their price target on Netflix from $134.00 to $83.00 and set a “buy” rating for the company in a research note on Monday, July 20th. Barclays set a $70.00 price target on Netflix and gave the company an “equal weight” rating in a research note on Wednesday. Evercore reaffirmed an “outperform” rating and set a $110.00 price objective (up from $100.00) on shares of Netflix in a research report on Monday, September 14th. Finally, Daiwa Securities Group reduced their target price on shares of Netflix from $102.00 to $76.00 and set an “outperform” rating for the company in a research note on Wednesday, July 22nd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $94.70.

About Netflix

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.