Heritage Investors Management Corp Buys 50,730 Shares of Netflix, Inc. $NFLX

Heritage Investors Management Corp raised its stake in Netflix, Inc. (NASDAQ:NFLX) by 40.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 177,021 shares of the Internet television network’s stock after purchasing an additional 50,730 shares during the period. Heritage Investors Management Corp’s holdings in Netflix were worth $12,317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Nykredit A S purchased a new position in shares of Netflix in the 2nd quarter valued at approximately $105,697,000. Rockland Trust Co. grew its position in Netflix by 27.5% in the 3rd quarter. Rockland Trust Co. now owns 219,221 shares of the Internet television network’s stock valued at $15,253,000 after buying an additional 47,339 shares during the last quarter. Boomfish Wealth Group LLC grew its position in Netflix by 91.5% in the 3rd quarter. Boomfish Wealth Group LLC now owns 34,547 shares of the Internet television network’s stock valued at $2,404,000 after buying an additional 16,510 shares during the last quarter. Welch & Forbes LLC grew its position in Netflix by 3,464.5% in the 1st quarter. Welch & Forbes LLC now owns 118,448 shares of the Internet television network’s stock valued at $11,389,000 after buying an additional 115,125 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Netflix in the 2nd quarter valued at $37,743,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Price Performance

Netflix stock opened at $62.08 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a market capitalization of $254.92 billion, a price-to-earnings ratio of 17.94, a price-to-earnings-growth ratio of 0.91 and a beta of 1.62. Netflix, Inc. has a fifty-two week low of $61.39 and a fifty-two week high of $116.73. The stock’s fifty day moving average is $72.67 and its two-hundred day moving average is $81.57.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.05. The business had revenue of $12.87 billion during the quarter, compared to the consensus estimate 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 company posted $0.59 EPS. Analysts predict that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Insider Transactions at Netflix

In other Netflix news, CFO Spencer Neumann sold 9,248 shares of the company’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $75.79, for a total value of $700,905.92. Following the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at $5,592,316.73. This represents a 11.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Bradford L. Smith sold 17,980 shares of the stock in a transaction that occurred on Monday, October 26th. The shares were sold at an average price of $64.03, for a total transaction of $1,151,259.40. Following the completion of the sale, the director owned 79,690 shares in the company, valued at $5,102,550.70. This represents a 18.41% decrease in their ownership of the stock. 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. Insiders sold 91,175 shares of company stock worth $6,553,228 in the last 90 days. Insiders own 1.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on NFLX shares. Piper Sandler restated an “overweight” rating and issued a $78.00 price objective (down from $85.00) on shares of Netflix in a research report on Wednesday, October 21st. CICC Research decreased their target price on shares of Netflix from $110.00 to $90.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 21st. President Capital lowered their price target on shares of Netflix from $134.00 to $83.00 and set a “buy” rating on the stock in a research note on Monday, July 20th. Wells Fargo & Company downgraded shares of Netflix from a “neutral” rating to an “underweight” rating and cut their price target for the company from $80.00 to $57.00 in a report on Friday, September 18th. Finally, Canaccord Genuity Group set a $110.00 price objective on shares of Netflix in a research note on Wednesday, October 21st. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, seventeen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $89.14.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix repurchased approximately $4.8 billion of stock in the third quarter, signaling that management views the shares as undervalued. The company’s scale, strong margins and ability to spread content costs across a large subscriber base also support the bullish case. Netflix Spent $4.8 Billion Buying Back Stock in 1 Quarter
• Positive Sentiment: Netflix’s latest quarterly earnings exceeded expectations, with earnings per share of $0.87 versus an $0.82 consensus estimate. Revenue rose 11.9% year over year and the company reported a 29.69% net margin, highlighting continued financial strength.
• Neutral Sentiment: Analyst comparisons with Amazon and Walt Disney acknowledge Netflix’s valuable entertainment position, but suggest Amazon’s diversified ecosystem, Prime Video reach and advertising tools—or Disney’s broader media assets—may offer greater upside. Amazon vs. Netflix: Which Stock Is the Better Entertainment Play?
• Neutral Sentiment: Netflix is experimenting with live events and other ways to capture viewers’ attention, while reportedly walking away from an Xbox licensing deal. These strategic moves could create new growth opportunities, but their financial impact remains uncertain. The Battle That May Matter Most for Netflix Stock
• Negative Sentiment: Revenue growth has slowed for three consecutive quarters, and investors remain concerned about disappointing guidance. Reuters reports that the stock has lost about one-third of its value this year as the market reassesses Netflix’s growth outlook. Mapping the Market: More losses in store for Netflix shares?
• Negative Sentiment: Competition for living-room viewing and advertising is intensifying. YouTube’s television advertising business reportedly generated more in one quarter than Netflix’s full-year advertising forecast, raising concerns about Netflix’s ability to scale its newer ad-supported business. YouTube’s Living-Room Business
• Negative Sentiment: Reports that members are watching less, along with criticism that Netflix’s content-discovery experience is weakening its historical selling point, are fueling worries about engagement, retention and future subscriber growth. Insider selling has added another negative signal. Netflix Can’t Lift, Jim Cramer Says

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.