Netflix, Inc. $NFLX Shares Bought by Nikulski Financial Inc.

Nikulski Financial Inc. increased its position in Netflix, Inc. (NASDAQ:NFLX) by 47.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,430 shares of the Internet television network’s stock after purchasing an additional 15,503 shares during the period. Nikulski Financial Inc.’s holdings in Netflix were worth $3,370,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of NFLX. BlackRock Inc. acquired a new position in Netflix during the second quarter worth $24,902,221,000. State Street Corp lifted its holdings in shares of Netflix by 4.9% in the second quarter. State Street Corp now owns 180,129,582 shares of the Internet television network’s stock valued at $12,861,252,000 after purchasing an additional 8,474,820 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Netflix by 4.3% in the first quarter. Bank of America Corp DE now owns 57,942,812 shares of the Internet television network’s stock valued at $5,571,201,000 after purchasing an additional 2,376,349 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Netflix during the second quarter valued at approximately $1,906,482,000. Finally, Legal & General Group Plc purchased a new position in shares of Netflix during the second quarter valued at approximately $1,886,526,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Activity at Netflix

In other news, Director Bradford Smith sold 17,980 shares of Netflix stock in a transaction on Monday, October 26th. The stock was sold at an average price of $64.03, for a total transaction of $1,151,259.40. Following the sale, the director directly owned 79,690 shares in the company, valued at $5,102,550.70. The trade was a 18.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory Peters sold 27,312 shares of the business’s stock in a transaction dated Monday, November 9th. The stock was sold at an average price of $63.62, for a total transaction of $1,737,589.44. Following the completion of the transaction, the chief executive officer directly owned 119,412 shares in the company, valued at $7,596,991.44. This trade represents a 18.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 89,024 shares of company stock worth $5,788,733. 1.24% of the stock is owned by company insiders.

Key Netflix News

Here’s some of the latest news about NFLX:

• Positive Sentiment: Netflix’s strong cash generation and a packed holiday release schedule could support growth. The company expects about $12 billion in free cash flow for 2026, although the outlook is being tested by higher content spending. Article: Will Content Capex Weigh on Netflix’s Free Cash Flow Trajectory?
• Neutral Sentiment: Following a sharp decline, NFLX trades at under 18 times earnings, which may appeal to value-focused investors; the low multiple also reflects concerns about the company’s growth outlook. Article: Netflix trades under 18x earnings after a steep valuation reset
• Negative Sentiment: Investors remain concerned about slowing engagement, YouTube competition and rising content costs. Coverage says these pressures have eroded confidence and contributed to Netflix shares losing ground from their 2025 peak. Article: Netflix Wipes Out Five Years of Gains

Analysts Set New Price Targets

A number of research firms recently commented on NFLX. The Goldman Sachs Group set a $84.00 price target on Netflix in a research report on Wednesday, October 21st. Guggenheim cut their price objective on shares of Netflix from $80.00 to $78.00 and set a “buy” rating on the stock in a report on Wednesday, October 21st. Wells Fargo & Company lowered shares of Netflix from a “neutral” rating to an “underweight” rating and reduced their target price for the stock from $80.00 to $57.00 in a research note on Friday, September 18th. JPMorgan Chase & Co. lowered their target price on shares of Netflix from $85.00 to $81.00 and set an “overweight” rating for the company in a report on Wednesday, October 21st. Finally, BMO Capital Markets reissued an “outperform” rating and set a $125.00 price target (down from $135.00) on shares of Netflix in a research report on Friday, October 16th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $89.14.

Netflix Stock Performance

Shares of NFLX opened at $62.69 on Friday. The stock has a 50 day moving average of $69.59 and a 200 day moving average of $80.54. The company has a market capitalization of $257.43 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 0.94 and a beta of 1.62. Netflix, Inc. has a 12 month low of $61.39 and a 12 month high of $116.73. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.05. The business 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 was up 11.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.59 earnings per share. As a group, sell-side analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current year.

Netflix Profile

Netflix, Inc. is an entertainment company that offers subscription-based streaming of television series, films, documentaries and other programming. Its service also includes mobile games and, in some markets, advertising-supported viewing plans. Netflix produces and licenses content, including titles made under its Netflix brand. Founded in 1997 by Reed Hastings and Marc Randolph as a DVD-by-mail rental business, the company launched its streaming service in 2007 and later expanded into original programming.