Netflix, Inc. $NFLX Shares Sold by Handelsbanken Fonder AB

Handelsbanken Fonder AB trimmed its stake in Netflix, Inc. (NASDAQ:NFLX) by 16.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 2,820,999 shares of the Internet television network’s stock after selling 542,555 shares during the period. Handelsbanken Fonder AB’s holdings in Netflix were worth $201,419,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. City Holding Co. raised its position in Netflix by 4.5% in the second quarter. City Holding Co. now owns 68,017 shares of the Internet television network’s stock valued at $4,856,000 after purchasing an additional 2,935 shares during the period. KMG Fiduciary Partners LLC boosted its position in shares of Netflix by 38.4% during the second quarter. KMG Fiduciary Partners LLC now owns 64,858 shares of the Internet television network’s stock worth $4,631,000 after buying an additional 17,991 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in shares of Netflix by 3.0% during the second quarter. Redhawk Wealth Advisors Inc. now owns 6,642 shares of the Internet television network’s stock worth $474,000 after buying an additional 191 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of Netflix by 8.3% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 4,215 shares of the Internet television network’s stock worth $301,000 after buying an additional 323 shares during the period. Finally, Community Financial Services Group LLC grew its stake in shares of Netflix by 1.5% in the second quarter. Community Financial Services Group LLC now owns 43,709 shares of the Internet television network’s stock valued at $3,243,000 after buying an additional 626 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Price Performance

NFLX stock opened at $76.29 on Tuesday. The business’s 50-day moving average is $75.13 and its two-hundred day moving average is $84.78. 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 firm has a market capitalization of $317.67 billion, a P/E ratio of 24.01, a P/E/G ratio of 0.93 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 announced its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The business had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. During the same period in the previous year, the company posted $0.72 earnings per share. The business’s revenue for the quarter was up 13.4% on a year-over-year basis. Analysts anticipate that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Netflix news, Director Reed Hastings sold 386,700 shares of the business’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $85.97, for a total transaction of $33,244,599.00. Following the completion of the transaction, the director owned 3,940 shares in the company, valued at $338,721.80. The trade was a 98.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bradford L. Smith sold 35,990 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the completion of the sale, the director directly owned 79,690 shares in the company, valued at approximately $6,177,568.80. This represents a 31.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 600,295 shares of company stock valued at $49,056,671 over the last ninety days. 1.24% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Pivotal Research decreased their target price on Netflix from $96.00 to $70.00 and set a “hold” rating on the stock in a research note on Friday, July 17th. Jefferies Financial Group lowered their target price on Netflix from $128.00 to $110.00 and set a “buy” rating for the company in a report on Wednesday, June 10th. BMO Capital Markets downgraded Netflix from an “outperform” rating to a “market perform” rating in a research report on Monday, July 20th. Wells Fargo & Company set a $80.00 price target on shares of Netflix and gave the stock an “equal weight” rating in a research note on Friday, July 17th. Finally, Stephens initiated coverage on shares of Netflix in a research report on Friday, July 17th. They set an “overweight” rating on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Netflix presently has a consensus rating of “Moderate Buy” and a consensus price target of $103.48.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix said its U.S. advertising commitments for 2026 nearly doubled from the prior year during its Upfront negotiations. The announcement suggests growing advertiser demand and supports expectations that the company’s ad-supported business can become a more meaningful revenue and profit contributor. Netflix Wraps Upfront, Volume Nearly Doubled
• Positive Sentiment: Several market commentators highlighted potential upside after Netflix’s steep pullback. One analysis pointed to possible earnings catalysts and continued purchasing, while another said analysts see substantial appreciation potential based on buy ratings and price targets well above current levels. Netflix Is Down 42% From Its High Down but Not Out: Analysts See 40% Upside in Netflix
• Positive Sentiment: Netflix was also selected as a “Final Trade” on CNBC’s Halftime Report, adding to near-term positive investor attention. CNBC Final Trades
• Neutral Sentiment: Commentary remains divided over Netflix’s long-term dominance and its premium valuation relative to Disney. The debate centers on whether Netflix’s more predictable streaming growth and emerging advertising business justify the higher multiple. Is Netflix’s Long-Term Dominance Under Threat?
• Negative Sentiment: CFO Spencer Adam Neumann sold 9,248 shares for approximately $701,000, reducing his holdings by 11.14%. While insider sales do not necessarily indicate a change in business outlook, the transaction may weigh modestly on sentiment. Netflix SEC Form 4 Filing

About Netflix

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.