Rhodes Investment Advisors Inc. ADV Boosts Stock Position in Netflix, Inc. $NFLX

Rhodes Investment Advisors Inc. ADV lifted its position in Netflix, Inc. (NASDAQ:NFLX) by 80.4% in the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 24,067 shares of the Internet television network’s stock after acquiring an additional 10,723 shares during the period. Rhodes Investment Advisors Inc. ADV’s holdings in Netflix were worth $1,675,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in NFLX. Wealth Enhancement Trust Services Inc. raised its stake in Netflix by 4.7% during the third quarter. Wealth Enhancement Trust Services Inc. now owns 38,583 shares of the Internet television network’s stock valued at $2,685,000 after buying an additional 1,747 shares during the last quarter. S.E.E.D. Planning Group LLC purchased a new stake in shares of Netflix in the third quarter worth $1,171,000. MRA Advisory Group increased its holdings in shares of Netflix by 162.8% during the third quarter. MRA Advisory Group now owns 7,863 shares of the Internet television network’s stock valued at $547,000 after acquiring an additional 4,871 shares in the last quarter. PFW Advisors LLC raised its position in shares of Netflix by 6.1% in the 3rd quarter. PFW Advisors LLC now owns 3,683 shares of the Internet television network’s stock worth $256,000 after purchasing an additional 212 shares during the last quarter. Finally, Strong Retirement Solutions LLC raised its position in shares of Netflix by 13.1% in the 3rd quarter. Strong Retirement Solutions LLC now owns 18,591 shares of the Internet television network’s stock worth $1,294,000 after purchasing an additional 2,158 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Wall Street Analysts Forecast Growth

NFLX has been the subject of several recent analyst reports. Bank of America decreased their target price on shares of Netflix from $125.00 to $105.00 and set a “buy” rating for the company in a report on Friday, July 17th. Wells Fargo & Company downgraded shares of Netflix from a “neutral” rating to an “underweight” rating and reduced their price target for the company from $80.00 to $57.00 in a research report on Friday, September 18th. KeyCorp restated an “overweight” rating and issued a $92.00 price objective (down from $115.00) on shares of Netflix in a report on Monday, July 13th. Guggenheim reiterated a “buy” rating and set a $80.00 target price (up from $75.00) on shares of Netflix in a research note on Thursday, October 1st. Finally, New Street Research lifted their target price on Netflix from $96.00 to $102.00 and gave the stock a “neutral” rating in a report on Friday, July 17th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.94.

Netflix Stock Performance

NFLX stock traded up $1.01 on Wednesday, hitting $69.70. The company had a trading volume of 30,059,995 shares, compared to its average volume of 42,498,609. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. Netflix, Inc. has a 12-month low of $65.08 and a 12-month high of $124.86. The stock has a market cap of $290.23 billion, a price-to-earnings ratio of 21.94, a P/E/G ratio of 0.95 and a beta of 1.62. The stock’s 50-day simple moving average is $75.52 and its 200 day simple moving average is $81.64.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, beating 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 analysts’ expectations of $12.58 billion. During the same period in the prior year, the firm earned $0.72 EPS. The company’s revenue was up 13.4% compared to the same quarter last year. As a group, equities research analysts expect that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: The completed Paramount-Warner Bros. Discovery merger creates a much larger competitor, but its estimated $80 billion debt load, substantial interest expense and expected integration costs could give Netflix a relative advantage. The new Skydance entity is targeting billions in cost savings and plans to combine Paramount+ and HBO Max, but it must first prove that streaming profits can offset declining linear-TV revenue. Skydance Just Became a Media Giant—With an $80 Billion Debt Load
• Positive Sentiment: Disney is licensing titles including “Percy Jackson” and “Ice Age” to Netflix, reinforcing Netflix’s distribution reach and highlighting its stronger cash-flow and margin profile compared with heavily indebted traditional media companies. Disney Is Opening the Door to Netflix—and Changing the Streaming Playbook
• Positive Sentiment: Proposed federal legislation could provide a 20% to 30% tax credit for qualifying U.S.-based film and television production, potentially lowering Netflix’s content costs if enacted. However, the bill is only proposed and would apply to productions beginning after 2026.
• Neutral Sentiment: Analyst views are divided: BMO sees significant upside, while Wells Fargo expects further downside. The disagreement reflects uncertainty over Netflix’s long-term growth and whether its valuation adequately compensates investors for that risk. NFLX Price Predictions 2027
• Negative Sentiment: Netflix’s second-quarter revenue rose 13.4% to $12.56 billion, but growth is expected to slow to roughly 11.7% in the third quarter. Investors are concerned that Netflix has entered a more mature phase, limiting the pace of future revenue expansion. 1 Number That Might Explain Why Netflix Stock Is Down
• Negative Sentiment: Content spending and live-sports rights costs are increasing, potentially constraining margin expansion because sports may generate limited viewing hours relative to their expense. Fierce streaming competition and a still-premium valuation are adding to the reasons some analysts recommend avoiding the stock for now. Netflix Stock Plunges 26.8% Year to Date

Insiders Place Their Bets

In related news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total value of $2,008,524.48. Following the transaction, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $8,893,265.74. This trade represents a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Richard N. Barton sold 2,160 shares of the company’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $75.10, for a total transaction of $162,216.00. Following the sale, the director directly owned 246 shares of the company’s stock, valued at approximately $18,474.60. This represents a 89.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 179,045 shares of company stock valued at $13,132,194. 1.24% of the stock is currently owned by company insiders.

Netflix Company Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.