Formuepleje A S Sells 10,352 Shares of Netflix, Inc. $NFLX

Formuepleje A S lowered its holdings in Netflix, Inc. (NASDAQ:NFLX) by 35.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,479 shares of the Internet television network’s stock after selling 10,352 shares during the period. Formuepleje A S’s holdings in Netflix were worth $1,286,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NFLX. Nykredit A S bought a new stake in Netflix in the second quarter valued at $105,697,000. Rockland Trust Co. boosted its holdings in shares of Netflix by 27.5% during the third quarter. Rockland Trust Co. now owns 219,221 shares of the Internet television network’s stock valued at $15,253,000 after acquiring an additional 47,339 shares during the period. Ritholtz Wealth Management boosted its holdings in shares of Netflix by 25.0% during the first quarter. Ritholtz Wealth Management now owns 106,451 shares of the Internet television network’s stock valued at $10,235,000 after acquiring an additional 21,260 shares during the period. Welch & Forbes LLC boosted its holdings in shares of Netflix by 3,464.5% during the first quarter. Welch & Forbes LLC now owns 118,448 shares of the Internet television network’s stock valued at $11,389,000 after acquiring an additional 115,125 shares during the period. Finally, USS Investment Management Ltd increased its holdings in shares of Netflix by 31.8% in the 1st quarter. USS Investment Management Ltd now owns 886,527 shares of the Internet television network’s stock worth $85,244,000 after acquiring an additional 213,972 shares during the period. Institutional investors own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on NFLX shares. BMO Capital Markets restated an “outperform” rating on shares of Netflix in a report on Tuesday, September 22nd. Wells Fargo & Company downgraded shares of Netflix from a “neutral” rating to an “underweight” rating and cut their price target for the company from $80.00 to $57.00 in a report on Friday, September 18th. China Renaissance lowered their target price on shares of Netflix from $100.00 to $80.00 and set a “hold” rating on the stock in a research report on Friday, July 17th. Wolfe Research reissued an “outperform” rating and issued a $95.00 price objective (up from $84.00) on shares of Netflix in a research note on Tuesday, August 25th. Finally, Daiwa Securities Group dropped their target price on shares of Netflix from $102.00 to $76.00 and set an “outperform” rating on the stock in a report on Wednesday, July 22nd. Three analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, fifteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $94.41.

Netflix Stock Performance

NASDAQ:NFLX traded up $2.42 during trading hours on Thursday, hitting $72.99. 22,748,929 shares of the company traded hands, compared to its average volume of 42,164,242. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. Netflix, Inc. has a twelve month low of $65.08 and a twelve month high of $124.86. The firm has a 50-day moving average of $75.27 and a 200 day moving average of $80.87. The stock has a market capitalization of $303.91 billion, a price-to-earnings ratio of 22.98, a P/E/G ratio of 0.99 and a beta of 1.62.

Netflix (NASDAQ:NFLX) last issued its earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping 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 period last year, the business earned $0.72 earnings per share. Netflix’s quarterly revenue was up 13.4% compared to the same quarter last year. On average, analysts forecast that Netflix, Inc. will post 3.59 EPS for the current year.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Jefferies initiated coverage of Netflix (NFLX) with a Buy rating and an $85 price target, implying meaningful upside from recent levels. The analyst’s endorsement may be supporting the shares ahead of earnings. Netflix stock gets bullish analyst call ahead of next week’s earnings
• Positive Sentiment: Netflix secured exclusive rights to broadcast the 2030 FIFA World Cup in Spain and Andorra. The deal could increase viewing engagement, strengthen the company’s sports offering and support subscriber retention, although its financial impact is not yet clear. Netflix lands 2030 World Cup rights
• Neutral Sentiment: Wall Street is focusing on projections for revenue, earnings and key operating metrics for the September 2026 quarter. The estimates raise the risk of a volatile reaction when Netflix reports, particularly if management provides weaker engagement or guidance. Netflix Q3 earnings estimates
• Negative Sentiment: Netflix plans to eliminate roughly 1,000 jobs, or 6% of its workforce, its largest reduction since 2022. Management says the cuts will improve discipline and redirect resources, but investors view the move as evidence of slowing growth and intensifying competition. Netflix laying off roughly 6% of its workforce
• Negative Sentiment: Third-party data reportedly showed a 16.6% increase in U.S. app churn, alongside declining viewing time. These trends threaten subscriber retention and engagement just before the earnings report. Netflix U.S. app churn warning
• Negative Sentiment: Analyst sentiment has become mixed to bearish: KeyCorp issued a pessimistic forecast, Erste Group lowered earnings estimates, and Huber Research downgraded the stock to Sell. The concerns center on weaker growth, rising content costs and margin pressure.

Insider Activity at Netflix

In other Netflix news, CEO Theodore A. Sarandos sold 105,850 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $73.03, for a total transaction of $7,730,225.50. Following the completion of the transaction, the chief executive officer owned 206,266 shares in the company, valued at $15,063,605.98. This trade represents a 33.91% 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. 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 Neumann sold 9,248 shares of the company’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $75.79, for a total value of $700,905.92. Following the completion of the sale, the chief financial officer owned 73,787 shares in the company, valued at approximately $5,592,316.73. This represents a 11.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 179,045 shares of company stock worth $13,132,194 in the last ninety days. Company insiders own 1.24% of the company’s stock.

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.