11,372 Netflix, Inc. $NFLX Shares Acquired by Lmcg Investments LLC

Lmcg Investments LLC raised its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 19.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 71,154 shares of the Internet television network’s stock after buying an additional 11,372 shares during the period. Lmcg Investments LLC’s holdings in Netflix were worth $4,951,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. American Capital Advisory LLC boosted its stake in shares of Netflix by 0.8% in the 1st quarter. American Capital Advisory LLC now owns 13,990 shares of the Internet television network’s stock worth $1,345,000 after buying an additional 109 shares during the last quarter. CWS Financial Advisors LLC grew its holdings in shares of Netflix by 3.2% in the first quarter. CWS Financial Advisors LLC now owns 3,612 shares of the Internet television network’s stock worth $347,000 after acquiring an additional 112 shares during the period. Warner Group LLC increased its position in Netflix by 2.2% during the first quarter. Warner Group LLC now owns 5,230 shares of the Internet television network’s stock valued at $503,000 after acquiring an additional 114 shares during the last quarter. Financial Avengers Inc. increased its position in Netflix by 9.8% during the first quarter. Financial Avengers Inc. now owns 1,290 shares of the Internet television network’s stock valued at $124,000 after acquiring an additional 115 shares during the last quarter. Finally, PAX Financial Group LLC lifted its holdings in Netflix by 2.5% in the first quarter. PAX Financial Group LLC now owns 4,847 shares of the Internet television network’s stock valued at $466,000 after acquiring an additional 116 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Trading Down 5.3%

Shares of NASDAQ:NFLX opened at $65.04 on Thursday. The stock has a 50 day moving average of $74.74 and a 200 day moving average of $79.96. The company has a market cap of $270.82 billion, a PE ratio of 18.80, a price-to-earnings-growth ratio of 0.97 and a beta of 1.62. Netflix, Inc. has a 12-month low of $64.10 and a 12-month high of $116.73. 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 (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 net margin of 29.69% and a return on equity of 42.69%. The firm’s revenue was up 11.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.59 EPS. As a group, equities research analysts expect that Netflix, Inc. will post 3.59 EPS for the current year.

Insider Activity

In related news, CEO Gregory K. Peters sold 27,312 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $8,893,265.74. This represents a 18.42% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Richard N. Barton sold 720 shares of the company’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $75.27, for a total transaction of $54,194.40. Following the completion of the transaction, the director directly owned 2,460 shares of the company’s stock, valued at $185,164.20. This represents a 22.64% decrease in their position. 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. Over the last ninety days, insiders sold 179,045 shares of company stock worth $13,132,194. 1.24% of the stock is currently owned by insiders.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported third-quarter EPS of $0.87, above the $0.82 consensus estimate, while revenue of $12.87 billion was essentially in line with expectations. Revenue increased about 12% year over year, operating margin expanded to 34.6%, and net income rose approximately 44%. Netflix Q3 earnings report
• Positive Sentiment: Some analysts remain constructive after the selloff. UBS, JPMorgan, Bank of America, TD Cowen and Guggenheim maintained positive ratings despite lowering price targets, while BMO described the decline as a potential buying opportunity. BMO post-earnings view
• Positive Sentiment: Management expects advertising revenue to grow more than 80% in 2026 and is betting on improved U.S. programming, live events and internationally successful local-language content to increase engagement and improve returns on content spending. Local-language content analysis

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Seaport Research Partners set a $85.00 target price on Netflix in a research report on Wednesday. Morgan Stanley set a $77.00 price target on shares of Netflix and gave the company an “overweight” rating in a research report on Wednesday. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $80.00 price target (down from $95.00) on shares of Netflix in a research report on Wednesday. Citigroup reiterated a “buy” rating and issued a $85.00 price objective (down from $100.00) on shares of Netflix in a research note on Wednesday. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Netflix from $85.00 to $81.00 and set an “overweight” rating on the stock in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $89.94.

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.