13,996 Netflix, Inc. $NFLX Shares Acquired by Prosperitas Financial LLC

Prosperitas Financial LLC boosted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 19.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 86,260 shares of the Internet television network’s stock after acquiring an additional 13,996 shares during the period. Netflix makes up approximately 1.8% of Prosperitas Financial LLC’s investment portfolio, making the stock its 20th largest holding. Prosperitas Financial LLC’s holdings in Netflix were worth $6,002,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Lebenthal Global Advisors LLC boosted its position in shares of Netflix by 30.9% during the third quarter. Lebenthal Global Advisors LLC now owns 42,195 shares of the Internet television network’s stock worth $2,936,000 after buying an additional 9,963 shares during the period. Canopy Partners LLC grew its holdings in shares of Netflix by 2.6% during the third quarter. Canopy Partners LLC now owns 10,950 shares of the Internet television network’s stock worth $762,000 after buying an additional 274 shares in the last quarter. Brian Low Financial Group LLC raised its position in Netflix by 7.1% in the 3rd quarter. Brian Low Financial Group LLC now owns 3,351 shares of the Internet television network’s stock valued at $233,000 after buying an additional 223 shares during the last quarter. CHICAGO TRUST Co NA raised its position in Netflix by 154.5% in the 3rd quarter. CHICAGO TRUST Co NA now owns 14,404 shares of the Internet television network’s stock valued at $1,002,000 after buying an additional 8,744 shares during the last quarter. Finally, Glenview Trust Co raised its position in Netflix by 17.6% in the 3rd quarter. Glenview Trust Co now owns 18,558 shares of the Internet television network’s stock valued at $1,291,000 after buying an additional 2,781 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Spencer Neumann sold 9,248 shares of the firm’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 completion of the sale, the chief financial officer owned 73,787 shares in the company, valued at approximately $5,592,316.73. This trade represents a 11.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $73.54, for a total transaction of $2,008,524.48. Following the sale, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $8,893,265.74. This represents a 18.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 197,025 shares of company stock valued at $14,283,453. 1.24% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft set a $93.00 price objective on shares of Netflix in a report on Wednesday, October 21st. Moffett Nathanson restated a “buy” rating and set a $90.00 target price on shares of Netflix in a report on Wednesday, October 21st. Wedbush lowered their price target on shares of Netflix from $105.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday, October 16th. Sanford C. Bernstein reissued an “outperform” rating and set a $80.00 price target (down from $95.00) on shares of Netflix in a research report on Wednesday, October 21st. Finally, Guggenheim decreased their price objective on Netflix from $80.00 to $78.00 and set a “buy” rating for the company in a report on Wednesday, October 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $89.14.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix repurchased approximately $4.8 billion of stock in the third quarter, signaling that management views the shares as undervalued. The company’s scale, strong margins and ability to spread content costs across a large subscriber base also support the bullish case. Netflix Spent $4.8 Billion Buying Back Stock in 1 Quarter
• Positive Sentiment: Netflix’s latest quarterly earnings exceeded expectations, with earnings per share of $0.87 versus an $0.82 consensus estimate. Revenue rose 11.9% year over year and the company reported a 29.69% net margin, highlighting continued financial strength.
• Neutral Sentiment: Analyst comparisons with Amazon and Walt Disney acknowledge Netflix’s valuable entertainment position, but suggest Amazon’s diversified ecosystem, Prime Video reach and advertising tools—or Disney’s broader media assets—may offer greater upside. Amazon vs. Netflix: Which Stock Is the Better Entertainment Play?
• Neutral Sentiment: Netflix is experimenting with live events and other ways to capture viewers’ attention, while reportedly walking away from an Xbox licensing deal. These strategic moves could create new growth opportunities, but their financial impact remains uncertain. The Battle That May Matter Most for Netflix Stock
• Negative Sentiment: Revenue growth has slowed for three consecutive quarters, and investors remain concerned about disappointing guidance. Reuters reports that the stock has lost about one-third of its value this year as the market reassesses Netflix’s growth outlook. Mapping the Market: More losses in store for Netflix shares?
• Negative Sentiment: Competition for living-room viewing and advertising is intensifying. YouTube’s television advertising business reportedly generated more in one quarter than Netflix’s full-year advertising forecast, raising concerns about Netflix’s ability to scale its newer ad-supported business. YouTube’s Living-Room Business
• Negative Sentiment: Reports that members are watching less, along with criticism that Netflix’s content-discovery experience is weakening its historical selling point, are fueling worries about engagement, retention and future subscriber growth. Insider selling has added another negative signal. Netflix Can’t Lift, Jim Cramer Says

Netflix Price Performance

NASDAQ:NFLX opened at $62.08 on Friday. Netflix, Inc. has a 12-month low of $61.39 and a 12-month high of $116.73. The firm has a market capitalization of $254.92 billion, a price-to-earnings ratio of 17.94, a P/E/G ratio of 0.91 and a beta of 1.62. The stock’s 50 day moving average price is $72.67 and its two-hundred day moving average price is $81.57. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.05. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The business had revenue of $12.87 billion for the quarter, compared to analysts’ expectations of $12.87 billion. During the same quarter in the prior year, the business earned $0.59 EPS. The firm’s revenue for the quarter was up 11.9% on a year-over-year basis. On average, analysts anticipate that Netflix, Inc. will post 3.59 earnings per share for the current year.

Netflix Company Profile

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.