53,164 Shares of Netflix, Inc. $NFLX Acquired by Anderson Hoagland & Co.

Key Points

• Anderson Hoagland & Co. acquired 53,164 Netflix shares during the third quarter, valued at approximately $3.565 million. Institutional investors collectively own 80.93% of Netflix’s outstanding stock.
• Netflix reported third-quarter earnings of $0.87 per share, beating the $0.82 consensus estimate, while revenue reached $12.87 billion and rose 11.9% year over year.
• Despite the earnings beat, Netflix shares opened at $65.85, down 1.8%, amid concerns about weaker advertising-revenue and free-cash-flow outlooks. Analysts maintain a “Moderate Buy” consensus with an average price target of $89.59.

Anderson Hoagland & Co. bought a new position in Netflix, Inc. (NASDAQ:NFLX - Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 53,164 shares of the Internet television network's stock, valued at approximately $3,565,000.

A number of other institutional investors have also added to or reduced their stakes in NFLX. Clal Insurance Enterprises Holdings Ltd purchased a new position in Netflix in the second quarter worth $26,000. Sawyer & Company Inc bought a new position in Netflix in the third quarter valued at $27,000. Compound Global Advisors LLC purchased a new stake in Netflix during the second quarter valued at about $29,000. Burnham & Co LLC purchased a new stake in Netflix during the second quarter valued at about $29,000. Finally, Merkkuri Wealth Advisors LLC purchased a new stake in Netflix during the first quarter valued at about $31,000. 80.93% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on NFLX. CLSA assumed coverage on Netflix in a research note on Monday, July 20th. They set an "outperform" rating for the company. UBS Group set a $90.00 price objective on Netflix in a research report on Wednesday. The Goldman Sachs Group set a $84.00 price objective on Netflix in a report on Wednesday. Wells Fargo & Company downgraded Netflix from a "neutral" rating to an "underweight" rating and dropped their target price for the stock from $80.00 to $57.00 in a research report on Friday, September 18th. Finally, Argus set a $95.00 target price on Netflix and gave the stock a "buy" rating in a research note on Thursday. Two 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, Netflix presently has a consensus rating of "Moderate Buy" and a consensus target price of $89.59.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported third-quarter EPS of $0.87, ahead of the $0.82 consensus estimate, while revenue reached $12.87 billion. Operating margin rose to 34.6%, supporting the argument that the core streaming business remains highly profitable. Can Netflix Stock Hold Margin Gains as Content Spending Keeps Growing?
• Positive Sentiment: Longer-term bulls argue that Netflix’s profitability, systematic share repurchases, local-language content, and continued subscriber retention could create meaningful upside after the sell-off. Bill Ackman has also returned to the stock and expects annualized returns above 20%. Bill Ackman Lost $400 Million on Netflix
• Positive Sentiment: Ark Invest’s Cathie Wood bought 18,000 Netflix shares, signaling that some growth-oriented investors view the two-year-low valuation as an opportunity. Cathie Wood Just Bought Netflix Stock
• Neutral Sentiment: Netflix is reportedly planning layoffs at its Bay Area headquarters. The cuts could reduce costs, but they also raise questions about operating priorities and employee productivity. Netflix Stock Slips as Layoffs Hit Bay Area Headquarters
• Neutral Sentiment: Paramount Skydance’s completed merger highlights intensifying competition for scale and content across the entertainment industry, potentially increasing pressure on Netflix to sustain its content advantage. Could Skydance Be Bigger Than Disney?
• Negative Sentiment: Management reduced its 2026 advertising-revenue outlook to approximately $2.7 billion from about $3 billion. Softer ad growth undermines a major part of Netflix’s expansion thesis and overshadowed the earnings beat. Netflix Cut Its 2026 Ad Forecast by $300 Million
• Negative Sentiment: Disappointing fourth-quarter revenue guidance and decelerating growth have led investors to discount the strong quarterly results. Netflix’s reduced 2026 free-cash-flow outlook is another concern as content spending continues to rise. Netflix Has Lower FCF Guidance
• Negative Sentiment: Several analysts lowered their price targets or ratings after the report. One fair-value estimate fell from $92.62 to $86.24, while UBS, Guggenheim, and Needham adopted more cautious views. Netflix Stock Fair Value Falls After Cautious Q3 Analyst Revisions
• Negative Sentiment: Reports indicate viewing time is declining even though subscribers are staying, suggesting weaker engagement. YouTube and lower-cost streaming alternatives may also be contributing to slower revenue growth. Netflix Is Losing Viewers

Netflix Stock Down 1.8%

Shares of NASDAQ:NFLX opened at $65.85 on Friday. The stock's 50-day moving average price is $74.27 and its 200-day moving average price is $79.64. Netflix, Inc. has a 12-month low of $64.10 and a 12-month high of $116.73. The stock has a market capitalization of $270.40 billion, a P/E ratio of 19.03, a price-to-earnings-growth ratio of 0.96 and a beta of 1.62. The company has a current ratio of 1.07, a quick ratio of 1.14 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings data on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, topping the consensus estimate of $0.82 by $0.05. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The firm had revenue of $12.87 billion for the quarter, compared to the consensus estimate of $12.87 billion. During the same quarter in the previous year, the business earned $0.59 earnings per share. The company's quarterly revenue was up 11.9% on a year-over-year basis. On average, equities analysts anticipate that Netflix, Inc. will post 3.59 earnings per share for the current year.

Insider Activity

In other news, CEO Theodore Sarandos sold 27,312 shares of the firm's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $73.35, for a total value of $2,003,335.20. Following the transaction, the chief executive officer owned 178,954 shares in the company, valued at approximately $13,126,275.90. This trade represents a 13.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David Hyman sold 5,723 shares of Netflix stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total transaction of $416,920.55. Following the completion of the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $23,027,885. The trade was a 1.78% decrease in their ownership of the stock. 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. In the last 90 days, insiders have sold 179,045 shares of company stock valued at $13,132,194. Corporate insiders own 1.24% of the company's stock.

About Netflix

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.

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