10,682 Shares in Netflix, Inc. $NFLX Purchased by Norris Perne & French LLP MI

Norris Perne & French LLP MI acquired a new stake in Netflix, Inc. (NASDAQ:NFLX) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 10,682 shares of the Internet television network’s stock, valued at approximately $743,000.

Several other institutional investors also recently bought and sold shares of NFLX. Signaturefd LLC lifted its holdings in Netflix by 1.5% during the third quarter. Signaturefd LLC now owns 129,332 shares of the Internet television network’s stock valued at $8,999,000 after purchasing an additional 1,910 shares in the last quarter. BG Investment Services LLC grew its position in shares of Netflix by 18.8% in the third quarter. BG Investment Services LLC now owns 3,346 shares of the Internet television network’s stock valued at $233,000 after purchasing an additional 529 shares during the period. Evanson Financial LLC increased its stake in shares of Netflix by 6.9% during the third quarter. Evanson Financial LLC now owns 8,674 shares of the Internet television network’s stock worth $604,000 after purchasing an additional 560 shares in the last quarter. Anderson Hoagland & Co. purchased a new stake in shares of Netflix during the third quarter worth about $3,565,000. Finally, Middleton & Co. Inc. MA increased its stake in shares of Netflix by 544.8% during the third quarter. Middleton & Co. Inc. MA now owns 33,203 shares of the Internet television network’s stock worth $2,310,000 after purchasing an additional 28,054 shares in the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Netflix

In related news, Director Richard Barton sold 720 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $75.27, for a total value of $54,194.40. Following the completion of the sale, the director owned 2,460 shares of the company’s stock, valued at approximately $185,164.20. This trade represents a 22.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David Hyman sold 5,723 shares of Netflix stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total value of $416,920.55. Following the transaction, the insider owned 316,100 shares in the company, valued at approximately $23,027,885. The trade was a 1.78% decrease in their position. 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. In the last 90 days, insiders have sold 179,045 shares of company stock valued at $13,132,194. 1.24% of the stock is currently owned by company insiders.

Netflix Stock Down 1.8%

NFLX stock opened at $65.85 on Friday. The company has a market cap of $270.40 billion, a price-to-earnings ratio of 19.03, a PEG ratio of 0.96 and a beta of 1.62. The company has a current ratio of 1.07, a quick ratio of 1.14 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 12 month low of $64.10 and a 12 month high of $116.73. The firm has a 50-day moving average of $74.27 and a two-hundred day moving average of $79.64.

Netflix (NASDAQ:NFLX) last released its earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.05. The business had revenue of $12.87 billion for the quarter, compared to analyst estimates of $12.87 billion. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The business’s revenue was up 11.9% on a year-over-year basis. During the same period last year, the company posted $0.59 EPS. As a group, analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported third-quarter EPS of $0.87, ahead of the $0.82 consensus estimate, while revenue reached $12.87 billion. Operating margin rose to 34.6%, supporting the argument that the core streaming business remains highly profitable. Can Netflix Stock Hold Margin Gains as Content Spending Keeps Growing?
• Positive Sentiment: Longer-term bulls argue that Netflix’s profitability, systematic share repurchases, local-language content, and continued subscriber retention could create meaningful upside after the sell-off. Bill Ackman has also returned to the stock and expects annualized returns above 20%. Bill Ackman Lost $400 Million on Netflix
• Positive Sentiment: Ark Invest’s Cathie Wood bought 18,000 Netflix shares, signaling that some growth-oriented investors view the two-year-low valuation as an opportunity. Cathie Wood Just Bought Netflix Stock
• Neutral Sentiment: Netflix is reportedly planning layoffs at its Bay Area headquarters. The cuts could reduce costs, but they also raise questions about operating priorities and employee productivity. Netflix Stock Slips as Layoffs Hit Bay Area Headquarters
• Neutral Sentiment: Paramount Skydance’s completed merger highlights intensifying competition for scale and content across the entertainment industry, potentially increasing pressure on Netflix to sustain its content advantage. Could Skydance Be Bigger Than Disney?
• Negative Sentiment: Management reduced its 2026 advertising-revenue outlook to approximately $2.7 billion from about $3 billion. Softer ad growth undermines a major part of Netflix’s expansion thesis and overshadowed the earnings beat. Netflix Cut Its 2026 Ad Forecast by $300 Million
• Negative Sentiment: Disappointing fourth-quarter revenue guidance and decelerating growth have led investors to discount the strong quarterly results. Netflix’s reduced 2026 free-cash-flow outlook is another concern as content spending continues to rise. Netflix Has Lower FCF Guidance
• Negative Sentiment: Several analysts lowered their price targets or ratings after the report. One fair-value estimate fell from $92.62 to $86.24, while UBS, Guggenheim, and Needham adopted more cautious views. Netflix Stock Fair Value Falls After Cautious Q3 Analyst Revisions
• Negative Sentiment: Reports indicate viewing time is declining even though subscribers are staying, suggesting weaker engagement. YouTube and lower-cost streaming alternatives may also be contributing to slower revenue growth. Netflix Is Losing Viewers

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NFLX. Oppenheimer restated an “outperform” rating and set a $80.00 price target (down from $85.00) on shares of Netflix in a research report on Wednesday. CICC Research lowered their price objective on Netflix from $110.00 to $90.00 and set an “outperform” rating on the stock in a report on Tuesday, July 21st. Morgan Stanley set a $77.00 price objective on Netflix and gave the stock an “overweight” rating in a research note on Wednesday. DZ Bank reiterated a “buy” rating on shares of Netflix in a research note on Monday, July 20th. Finally, Daiwa Securities Group reduced their target price on Netflix from $102.00 to $76.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $89.59.

About Netflix

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.