Netflix, Inc. $NFLX Holdings Lessened by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its holdings in Netflix, Inc. (NASDAQ:NFLX) by 3.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,135,903 shares of the Internet television network’s stock after selling 360,429 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.27% of Netflix worth $774,836,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Netflix in the second quarter valued at $26,000. Sawyer & Company Inc bought a new position in Netflix in the 3rd quarter valued at about $27,000. Compound Global Advisors LLC acquired a new position in Netflix during the 2nd quarter valued at about $29,000. Burnham & Co LLC acquired a new position in Netflix during the 2nd quarter valued at about $29,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in Netflix during the 2nd quarter valued at about $44,000. Institutional investors own 80.93% of the company’s stock.

Netflix Stock Up 0.0%

Shares of NASDAQ:NFLX opened at $62.08 on Friday. Netflix, Inc. has a 1 year low of $61.39 and a 1 year high of $116.73. The company has a market capitalization of $254.92 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 0.91 and a beta of 1.62. The business has a fifty day moving average price of $72.67 and a two-hundred day moving average price of $81.57. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07.

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

Key Headlines Impacting Netflix

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

Insider Buying and Selling at Netflix

In other news, Director Bradford Smith sold 17,980 shares of the stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $64.03, for a total transaction of $1,151,259.40. Following the completion of the transaction, the director directly owned 79,690 shares of the company’s stock, valued at $5,102,550.70. This represents a 18.41% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Neumann sold 9,248 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $75.79, for a total transaction of $700,905.92. Following the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $5,592,316.73. The trade was a 11.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 197,025 shares of company stock valued at $14,283,453 in the last three months. 1.24% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NFLX. Evercore reissued an “outperform” rating and set a $90.00 price objective on shares of Netflix in a report on Wednesday, October 21st. China Renaissance dropped their target price on Netflix from $100.00 to $80.00 and set a “hold” rating on the stock in a report on Friday, July 17th. Argus set a $95.00 target price on Netflix and gave the company a “buy” rating in a research report on Thursday, October 22nd. Rosenblatt Securities set a $71.00 price target on Netflix and gave the stock a “neutral” rating in a report on Wednesday, October 21st. Finally, KeyCorp decreased their price target on Netflix from $92.00 to $85.00 and set an “overweight” rating for the company in a report on Tuesday, October 13th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and an average target price of $89.14.

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.