Northwestern Mutual Wealth Management Co. Has $47.61 Million Stock Holdings in Netflix, Inc. $NFLX

Northwestern Mutual Wealth Management Co. lifted its stake in Netflix, Inc. (NASDAQ:NFLX) by 6.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 666,865 shares of the Internet television network’s stock after acquiring an additional 41,752 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Netflix were worth $47,614,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Shepherd Street Advisors LLC acquired a new position in Netflix during the fourth quarter valued at approximately $2,216,000. Morse Asset Management Inc boosted its holdings in shares of Netflix by 809.3% in the 4th quarter. Morse Asset Management Inc now owns 64,730 shares of the Internet television network’s stock valued at $6,069,000 after purchasing an additional 57,611 shares in the last quarter. University of Texas Texas AM Investment Management Co. boosted its holdings in shares of Netflix by 798.5% in the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 42,542 shares of the Internet television network’s stock valued at $3,989,000 after purchasing an additional 37,807 shares in the last quarter. New Mexico Educational Retirement Board increased its stake in shares of Netflix by 900.0% in the 4th quarter. New Mexico Educational Retirement Board now owns 192,210 shares of the Internet television network’s stock valued at $18,022,000 after purchasing an additional 172,989 shares during the last quarter. Finally, Ritholtz Wealth Management increased its stake in shares of Netflix by 25.0% in the 1st quarter. Ritholtz Wealth Management now owns 106,451 shares of the Internet television network’s stock valued at $10,235,000 after purchasing an additional 21,260 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on the company. China Renaissance dropped their price objective on Netflix from $100.00 to $80.00 and set a “hold” rating for the company in a research report on Friday, July 17th. President Capital decreased their target price on Netflix from $134.00 to $83.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Barclays lowered their target price on Netflix from $85.00 to $80.00 and set an “equal weight” rating for the company in a research note on Friday, July 17th. HSBC reduced their price target on shares of Netflix from $104.00 to $96.00 and set a “buy” rating on the stock in a research note on Friday, July 17th. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of Netflix in a research report on Thursday, August 20th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $96.65.

Netflix Stock Performance

Shares of Netflix stock opened at $80.81 on Wednesday. The stock has a market cap of $336.49 billion, a price-to-earnings ratio of 25.44, a P/E/G ratio of 1.02 and a beta of 1.53. Netflix, Inc. has a twelve month low of $65.08 and a twelve month high of $126.71. The company’s fifty day moving average is $74.97 and its 200 day moving average is $84.35. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39.

Netflix (NASDAQ:NFLX) last announced 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 for the quarter, compared to the consensus estimate of $12.58 billion. During the same period in the previous year, the business earned $0.72 EPS. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. Sell-side analysts forecast that Netflix, Inc. will post 3.59 EPS for the current year.

Insider Activity at Netflix

In other Netflix news, insider David A. Hyman sold 5,723 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total transaction of $416,920.55. Following the completion of the sale, the insider owned 316,100 shares of the company’s stock, valued at approximately $23,027,885. This represents a 1.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Theodore A. Sarandos sold 105,850 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $73.03, for a total transaction of $7,730,225.50. Following the transaction, the chief executive officer owned 206,266 shares of the company’s stock, valued at approximately $15,063,605.98. The trade was a 33.91% decrease in their position. The SEC filing for this sale provides additional information. 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. Insiders sold 213,595 shares of company stock valued at $15,812,072 over the last ninety days. Insiders own 1.24% of the company’s stock.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s expanding advertising business and large buyback program are cited as reasons the stock may offer an attractive entry point after its decline. Supporters argue that double-digit revenue growth has not been fully reflected in the valuation. Netflix Is Down 46% From Its High
• Positive Sentiment: Analyst sentiment remains favorable overall, with Netflix receiving an average “Moderate Buy” rating. Jim Cramer also described NFLX as a buy, though not an especially aggressive one. Netflix Receives Moderate Buy Rating
• Positive Sentiment: A multi-year EverPass agreement will distribute Netflix’s five NFL games for the 2026 season to commercial establishments, potentially broadening live-event reach and advertising opportunities. EverPass Media Expands NFL Offering
• Positive Sentiment: An exclusive preview of Grand Theft Auto VI generated 31.1 million views and topped Netflix’s global viewing charts, highlighting the platform’s ability to attract engagement around major gaming content. GTA VI Gameplay Peek Tops Netflix Charts
• Neutral Sentiment: Netflix’s gaming initiative is gaining visibility through GTA-related engagement and increased player activity, but analysts say the business is still too small or opaque to quantify as a meaningful revenue pillar. Can Gaming Become the Next Revenue Pillar?
• Neutral Sentiment: September’s lineup includes returning and new high-profile programming, which could support engagement and retention, while broader streaming price increases may affect consumer behavior. What to Stream in September 2026
• Negative Sentiment: Investor concerns persist over leadership changes and prior strategic missteps, including a failed buyout attempt and Reed Hastings’ departure. These issues explain why even bullish commentary remains cautious. Jim Cramer Calls Netflix a Buy, Not a Huge Buy

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.