12,746 Netflix, Inc. $NFLX Shares Sold by Kelleher Financial Advisors

Kelleher Financial Advisors trimmed its position in Netflix, Inc. (NASDAQ:NFLX) by 64.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,133 shares of the Internet television network’s stock after selling 12,746 shares during the period. Kelleher Financial Advisors’ holdings in Netflix were worth $496,000 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. Clal Insurance Enterprises Holdings Ltd acquired a new stake in Netflix during the second quarter worth approximately $26,000. Sawyer & Company Inc purchased a new stake in Netflix in the 3rd quarter worth approximately $27,000. Compound Global Advisors LLC purchased a new stake in Netflix in the 2nd quarter worth approximately $29,000. Burnham & Co LLC acquired a new position in Netflix in the 2nd quarter valued at $29,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in Netflix in the 2nd quarter valued at $44,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Wolfe Research lowered Netflix from an “outperform” rating to a “peer perform” rating in a research note on Thursday, October 22nd. Argus set a $95.00 price objective on Netflix and gave the company a “buy” rating in a research report on Thursday, October 22nd. BMO Capital Markets reaffirmed an “outperform” rating and issued a $125.00 price objective (down from $135.00) on shares of Netflix in a research report on Friday, October 16th. Morgan Stanley set a $77.00 target price on Netflix and gave the company an “overweight” rating in a research note on Wednesday, October 21st. Finally, New Street Research increased their target price on Netflix from $96.00 to $102.00 and gave the stock a “neutral” rating in a research report on Friday, July 17th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $89.14.

Netflix Stock Performance

Shares of NFLX stock opened at $66.39 on Thursday. Netflix, Inc. has a one year low of $61.39 and a one year high of $116.73. 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 company has a 50 day moving average price of $71.68 and a 200 day moving average price of $81.20. The firm has a market capitalization of $272.62 billion, a price-to-earnings ratio of 19.19, a price-to-earnings-growth ratio of 0.93 and a beta of 1.62.

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. The company had revenue of $12.87 billion for the quarter, compared to the consensus estimate of $12.87 billion. Netflix had a net margin of 29.69% and a return on equity of 42.69%. Netflix’s revenue was up 11.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.59 earnings per share. Sell-side analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current year.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bill Ackman described Netflix as “incredibly cheap” after the shares fell sharply from their 2025 peak. The article also notes that third-quarter churn improved year over year, a potentially encouraging sign for customer retention. Article: Bill Ackman on Netflix valuation
• Positive Sentiment: One analysis points to record profits, nearly $5 billion in share repurchases, and deals with Disney and the NFL as evidence of Netflix’s broader strategy. Those factors may support the bullish view that the business is stronger than its share price suggests. Article: Netflix Is Playing a Bigger Game
• Positive Sentiment: Netflix is testing an AI-powered “Discover” tab that lets viewers seek recommendations based on their mood. Better discovery could help keep users engaged, though the feature’s effect on retention or revenue is not yet established. Article: Netflix’s new AI Discover tab
• Neutral Sentiment: Director David Hyman sold 5,727 shares, but the filing says the sale covered tax withholding tied to vested equity awards. He retained 166,100 shares, making the transaction less indicative of a change in his outlook. SEC filing
• Negative Sentiment: Bearish considerations include slowing revenue growth, uninspiring guidance, and concerns about falling viewing hours and Netflix’s changing content mix. These issues may help explain why the stock remains far below its 2025 high despite reported business strengths. Article: Netflix Trades at a Discount to the S&P 500’s Valuation

Insider Activity at Netflix

In other news, insider David Hyman sold 5,727 shares of the company’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $64.55, for a total transaction of $369,677.85. Following the completion of the sale, the insider directly owned 166,100 shares in the company, valued at $10,721,755. This represents a 3.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard Barton sold 720 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $75.27, for a total value of $54,194.40. Following the completion of the transaction, the director directly owned 2,460 shares in the company, valued at $185,164.20. This trade represents a 22.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 34,395 shares of company stock valued at $2,331,910 over the last quarter. 1.24% of the stock is currently owned by corporate insiders.

Netflix Company 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.