Netflix, Inc. $NFLX Holdings Increased by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. increased its stake in Netflix, Inc. (NASDAQ:NFLX) by 4.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,828,589 shares of the Internet television network’s stock after acquiring an additional 83,909 shares during the period. Eurizon Capital SGR S.p.A.’s holdings in Netflix were worth $127,767,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. purchased a new stake in Netflix during the 2nd quarter worth about $24,902,221,000. State Street Corp raised its position in Netflix by 4.9% in the 2nd 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 boosted its stake in shares of Netflix by 4.3% in the 1st 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 buying an additional 2,376,349 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of Netflix in the 2nd quarter valued at about $1,906,482,000. Finally, Legal & General Group Plc purchased a new position in shares of Netflix in the 2nd quarter valued at about $1,886,526,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on NFLX shares. Barclays set a $65.00 price objective on Netflix and gave the stock an “equal weight” rating in a research report on Wednesday, October 21st. KeyCorp reduced their target price on shares of Netflix from $92.00 to $85.00 and set an “overweight” rating on the stock in a report on Tuesday, October 13th. William Blair reiterated an “outperform” rating on shares of Netflix in a research note on Wednesday, October 21st. Yorkville Ives began coverage on shares of Netflix in a report on Monday, October 5th. They set an “in-line” rating and a $75.00 price target for the company. Finally, Moffett Nathanson reiterated a “buy” rating and set a $90.00 price target on shares of Netflix in a report on Wednesday, October 21st. Two equities 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 company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $89.14.

Netflix News Summary

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: Co-CEO Gregory Peters sold 27,312 shares for about $1.74 million, reducing his direct holdings by 18.6%. The sale may add to near-term investor caution, though the report does not state the reason for the transaction. Article: Netflix CEO Gregory Peters Sells 27,312 Shares of Stock

Netflix Stock Down 2.9%

Shares of NASDAQ NFLX opened at $62.69 on Friday. The company has a market capitalization of $257.43 billion, a price-to-earnings ratio of 22.03, a price-to-earnings-growth ratio of 0.94 and a beta of 1.62. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07. The business has a 50-day moving average of $69.59 and a two-hundred day moving average of $80.54. Netflix, Inc. has a 1 year low of $61.39 and a 1 year high of $116.73.

Netflix (NASDAQ:NFLX) last issued its earnings results 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 analyst estimates of $12.87 billion. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The business’s quarterly revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the company earned $0.59 EPS. On average, analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $66.20, for a total transaction of $1,808,054.40. Following the completion of the sale, the chief executive officer owned 178,954 shares in the company, valued at $11,846,754.80. This represents a 13.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Hyman sold 5,727 shares of the firm’s stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $64.55, for a total value of $369,677.85. Following the transaction, the insider directly owned 166,100 shares in the company, valued at approximately $10,721,755. This represents a 3.33% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 89,024 shares of company stock valued at $5,788,733 over the last ninety days. Company insiders own 1.24% of the company’s stock.

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.