Y Intercept Hong Kong Ltd Decreases Holdings in Netflix, Inc. $NFLX

Y Intercept Hong Kong Ltd cut its holdings in Netflix, Inc. (NASDAQ:NFLX) by 87.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,774 shares of the Internet television network’s stock after selling 242,128 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Netflix were worth $3,344,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of NFLX. First Financial Corp IN increased its stake in Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares during the period. DiNuzzo Private Wealth Inc. boosted its stake in shares of Netflix by 885.2% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 239 shares during the period. Turning Point Benefit Group Inc. grew its holdings in shares of Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares during the last quarter. Imprint Wealth LLC bought a new position in shares of Netflix in the third quarter worth approximately $25,000. Finally, Cornerstone Financial Management LLC purchased a new position in shares of Netflix in the fourth quarter worth $26,000. Institutional investors own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Citigroup reissued a “market perform” rating on shares of Netflix in a research report on Thursday, June 18th. TD Cowen restated a “buy” rating on shares of Netflix in a research report on Thursday, May 14th. Morgan Stanley reiterated an “overweight” rating on shares of Netflix in a report on Friday, April 17th. Guggenheim reissued a “buy” rating and issued a $120.00 target price on shares of Netflix in a research note on Friday, May 15th. Finally, Citic Securities upped their price target on Netflix from $95.00 to $107.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $114.26.

Insiders Place Their Bets

In related news, Director Bradford L. Smith sold 35,990 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total value of $2,789,944.80. Following the completion of the transaction, the director owned 79,690 shares of the company’s stock, valued at $6,177,568.80. The trade was a 31.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the sale, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 899,839 shares of company stock worth $80,141,661. 1.24% of the stock is owned by corporate insiders.

Netflix Stock Performance

Shares of NASDAQ:NFLX traded up $0.87 during midday trading on Tuesday, hitting $76.89. The company had a trading volume of 12,921,876 shares, compared to its average volume of 45,166,914. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The company has a fifty day moving average of $83.46 and a two-hundred day moving average of $88.25. The company has a market cap of $323.77 billion, a price-to-earnings ratio of 24.84, a PEG ratio of 0.99 and a beta of 1.52. Netflix, Inc. has a 12-month low of $70.86 and a 12-month high of $129.32.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. During the same period in the previous year, the company earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts expect that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Several market commentators are highlighting Netflix as a buy ahead of its July 16 earnings report, citing improving ad revenue, live sports opportunities, and the potential for another strong quarter. Article Title
• Positive Sentiment: Some traders are leaning into Netflix’s defensive qualities in a softer tech market, and the stock has been edging higher despite technical resistance from a “death cross.” Article Title
• Positive Sentiment: Investor commentary on CNBC and in other pieces continues to frame Netflix as an attractive long-term growth name, with multiple articles arguing the company is trading at a compelling valuation after its pullback. Article Title
• Neutral Sentiment: Netflix is also getting attention for new content initiatives, including a “Little House on the Prairie” adaptation, which supports the company’s content pipeline but is unlikely to move the stock on its own. Article Title
• Negative Sentiment: Bearish coverage is also weighing on sentiment, with articles warning about a “second-season problem,” microdrama competition, and the risk that engagement could weaken as viewers abandon shows sooner. Article Title

Netflix Company Profile

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.