Russell Investments Group Ltd. Sells 133,570 Shares of Netflix, Inc. $NFLX

Russell Investments Group Ltd. lowered its stake in Netflix, Inc. (NASDAQ:NFLX) by 3.9% during the third quarter, Holdings Channel.com reports. The fund owned 3,328,666 shares of the Internet television network’s stock after selling 133,570 shares during the quarter. Russell Investments Group Ltd.’s holdings in Netflix were worth $231,866,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Avengers Inc. lifted its holdings 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 purchasing an additional 115 shares in the last quarter. Wisconsin Wealth Advisors LLC grew its position in shares of Netflix by 2.6% in the second quarter. Wisconsin Wealth Advisors LLC now owns 5,324 shares of the Internet television network’s stock valued at $380,000 after purchasing an additional 136 shares during the period. Alternative Investment Advisors LLC. increased its stake in shares of Netflix by 4.8% during the second quarter. Alternative Investment Advisors LLC. now owns 3,230 shares of the Internet television network’s stock worth $231,000 after purchasing an additional 147 shares in the last quarter. Boyce & Associates Wealth Consulting Inc. increased its stake in shares of Netflix by 3.7% during the third quarter. Boyce & Associates Wealth Consulting Inc. now owns 4,170 shares of the Internet television network’s stock worth $290,000 after purchasing an additional 150 shares in the last quarter. Finally, Monument Capital Management increased its stake in shares of Netflix by 1.4% during the third quarter. Monument Capital Management now owns 10,912 shares of the Internet television network’s stock worth $759,000 after purchasing an additional 151 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insiders Place Their Bets

In other Netflix news, insider David Hyman sold 5,727 shares of the firm’s stock in a transaction that occurred on Wednesday, November 4th. The shares were 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 of the company’s stock, valued at $10,721,755. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 the business’s stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $66.20, for a total value of $1,808,054.40. Following the transaction, the chief executive officer owned 178,954 shares in the company, valued at approximately $11,846,754.80. This represents a 13.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 89,024 shares of company stock worth $5,788,733. 1.24% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

NFLX has been the subject of several research analyst reports. Robert W. Baird set a $90.00 price target on shares of Netflix and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Wolfe Research cut Netflix from an “outperform” rating to a “peer perform” rating in a report on Thursday, October 22nd. The Goldman Sachs Group set a $84.00 price objective on Netflix in a research note on Wednesday, October 21st. Oppenheimer reissued an “outperform” rating and set a $80.00 target price (down from $85.00) on shares of Netflix in a report on Wednesday, October 21st. Finally, TD Cowen restated a “buy” rating and issued a $100.00 target price on shares of Netflix in a research report on Wednesday, October 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $89.14.

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

Netflix Price Performance

Shares of NASDAQ NFLX opened at $62.69 on Friday. The firm has a 50-day simple moving average of $69.59 and a 200-day simple moving average of $80.54. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $257.43 billion, a price-to-earnings ratio of 18.12, a price-to-earnings-growth ratio of 0.94 and a beta of 1.62. Netflix, Inc. has a 52 week low of $61.39 and a 52 week high of $116.73.

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