Netflix, Inc. $NFLX Stock Sold by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC cut its position in Netflix, Inc. (NASDAQ:NFLX) by 6.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 258,701 shares of the Internet television network’s stock after selling 18,814 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Netflix were worth $18,000,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NFLX. Norway Savings Bank raised its stake in Netflix by 17.1% during the 3rd quarter. Norway Savings Bank now owns 11,671 shares of the Internet television network’s stock worth $812,000 after buying an additional 1,701 shares during the period. Lazari Capital Management Inc. boosted its holdings in Netflix by 16.9% in the third quarter. Lazari Capital Management Inc. now owns 64,360 shares of the Internet television network’s stock worth $4,478,000 after acquiring an additional 9,289 shares in the last quarter. Investors Asset Management of Georgia Inc. GA ADV grew its stake in Netflix by 1.2% in the third quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 16,725 shares of the Internet television network’s stock valued at $1,164,000 after acquiring an additional 200 shares during the period. Net Worth Advisory Group grew its stake in Netflix by 52.8% in the third quarter. Net Worth Advisory Group now owns 15,951 shares of the Internet television network’s stock valued at $1,082,000 after acquiring an additional 5,511 shares during the period. Finally, Tred Avon Family Wealth LLC grew its stake in Netflix by 8.5% in the third quarter. Tred Avon Family Wealth LLC now owns 13,137 shares of the Internet television network’s stock valued at $914,000 after acquiring an additional 1,025 shares during the period. 80.93% of the stock is owned by institutional investors.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s advertising business is a key potential upside driver. Analysts expect ad revenue to accelerate toward the company’s roughly $3 billion 2026 target, supported by stronger upfront commitments and higher subscription prices. Wedbush expects limited customer churn and results broadly in line with company guidance. Netflix heads into earnings with churn in check and ad revenue rising
• Positive Sentiment: Wall Street’s consensus calls for approximately $12.87 billion to $12.88 billion in revenue and earnings per share of about $0.82 to $0.83. Some analysts remain bullish, arguing that the stock’s steep decline has already priced in much of the bad news. Here’s what to expect when Netflix reports earnings
• Neutral Sentiment: Options markets imply an unusually large post-earnings move—roughly 9% according to several previews—highlighting significant event risk rather than a clear directional consensus. Investors will focus on subscriber trends, engagement, advertising growth and fourth-quarter guidance. Options traders expect a big move in NFLX stock
• Negative Sentiment: Investor sentiment is pressured by weak engagement and reports that Netflix has not added net U.S. subscribers in any month this year. Concerns that the company’s mature U.S. market is “hitting a wall” raise questions about future growth. Netflix has hit a wall
• Negative Sentiment: Netflix recently cut about 1,000 jobs, or roughly 6% of its workforce, while film chief Dan Lin and other senior executives have departed. The restructuring may improve costs, but its timing has intensified concerns about content performance, strategy and management stability. Netflix film division boss to exit
• Negative Sentiment: Competition is also becoming a larger long-term risk, with the Skydance-Paramount combination expected to expand its film output and strengthen rival streaming offerings.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Wolfe Research restated an “outperform” rating and set a $95.00 price objective (up from $84.00) on shares of Netflix in a report on Tuesday, August 25th. China Renaissance cut 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. Rosenblatt Securities reissued a “neutral” rating and issued a $75.00 price target on shares of Netflix in a research report on Friday. Oppenheimer set a $85.00 price target on shares of Netflix and gave the company an “outperform” rating in a research note on Friday, July 17th. Finally, TD Cowen restated a “buy” rating and set a $100.00 price objective on shares of Netflix in a report on Monday, October 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.38.

Insiders Place Their Bets

In other Netflix news, insider David Hyman sold 5,723 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total value of $416,920.55. Following the completion of the sale, the insider owned 316,100 shares in the company, valued at approximately $23,027,885. This trade represents a 1.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Theodore Sarandos sold 27,312 shares of Netflix stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $73.35, for a total transaction of $2,003,335.20. Following the transaction, the chief executive officer directly owned 178,954 shares in the company, valued at approximately $13,126,275.90. This represents a 13.24% 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 a total of 179,045 shares of company stock worth $13,132,194 in the last ninety days. 1.24% of the stock is owned by corporate insiders.

Netflix Stock Down 0.8%

Shares of NFLX stock traded down $0.54 on Tuesday, hitting $69.31. The stock had a trading volume of 19,715,199 shares, compared to its average volume of 42,107,945. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. The business has a 50 day moving average of $75.04 and a 200 day moving average of $80.38. 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 $288.59 billion, a price-to-earnings ratio of 21.79, a price-to-earnings-growth ratio of 1.00 and a beta of 1.62.

Netflix 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.