56,957 Shares in Netflix, Inc. $NFLX Purchased by Partners Wealth Management LLC

Key Points

• Partners Wealth Management LLC acquired 56,957 Netflix shares worth approximately $3.96 million during the third quarter. Institutional investors collectively own 80.93% of Netflix’s outstanding stock.
• Netflix shares opened at $62.05, near the company’s 12-month low of $61.39 and below both its 50-day and 200-day moving averages. The company recently exceeded quarterly EPS expectations, earning $0.87 versus the $0.82 consensus, while revenue rose 11.9% year over year.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $89.14. However, concerns remain about weaker engagement, competition from YouTube and other platforms, and execution risks surrounding Netflix’s advertising expansion.

Partners Wealth Management LLC acquired a new stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 56,957 shares of the Internet television network's stock, valued at approximately $3,963,000.

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

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some investors view the sell-off as a buying opportunity. Morningstar reportedly sees approximately 30% upside, while other bullish analyses point to Netflix’s strong free cash flow, healthy balance sheet, international growth and expected 2026 operating-margin expansion to 31.5%. Morningstar Netflix Analysis
• Positive Sentiment: Netflix expects advertising revenue to grow more than 80% in 2026. If the company can overcome rollout delays and improve execution, the advertising business could provide a meaningful new growth and monetization stream. Netflix Advertising Business Analysis
• Neutral Sentiment: Director Bradford Smith sold 17,980 shares worth approximately $1.15 million under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 18.4%, but its planned nature makes it a limited signal about management’s current outlook. Netflix Insider Sale
• Negative Sentiment: Investors are increasingly concerned that members are watching less, particularly in the United States. The resulting questions about engagement, cultural relevance and competition from short-form video, artificial intelligence and other entertainment platforms have extended the post-earnings sell-off. Netflix Attention Economy Analysis
• Negative Sentiment: YouTube’s strong living-room advertising performance is raising concerns that Alphabet’s platform is taking television viewing time and advertising dollars that Netflix hopes to capture. YouTube Living-Room Competition
• Negative Sentiment: Analysts have reduced ratings or price targets, citing slower growth, limited upside from additional price increases and advertising execution risks. Netflix’s roughly $2 billion 2026 advertising forecast is also being viewed as modest relative to competitors such as YouTube. Netflix Price Increase Downgrade

Wall Street Analyst Weigh In

A number of brokerages recently commented on NFLX. Yorkville Ives assumed coverage on shares of Netflix in a report on Monday, October 5th. They issued an "in-line" rating and a $75.00 price target for the company. Rothschild & Co Redburn dropped their price target on Netflix from $120.00 to $93.00 and set a "buy" rating for the company in a research report on Tuesday, July 21st. Moffett Nathanson reissued a "buy" rating and set a $90.00 price objective on shares of Netflix in a research note on Wednesday, October 21st. Robert W. Baird set a $90.00 price objective on Netflix and gave the company an "outperform" rating in a research report on Wednesday, July 22nd. Finally, TD Cowen reaffirmed a "buy" rating and issued a $100.00 price objective on shares of Netflix in a research note 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 given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Netflix currently has a consensus rating of "Moderate Buy" and an average target price of $89.14.

Netflix Trading Up 0.1%

Shares of NFLX opened at $62.05 on Friday. The company's fifty day simple moving average is $73.03 and its 200-day simple moving average is $81.71. The company has a market cap of $254.80 billion, a P/E ratio of 17.93, a P/E/G ratio of 0.91 and a beta of 1.62. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a twelve month low of $61.39 and a twelve month high of $116.73.

Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, topping analysts' consensus estimates of $0.82 by $0.05. The firm had revenue of $12.87 billion during the quarter, compared to analysts' expectations of $12.87 billion. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The firm's revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.59 EPS. As a group, analysts expect that Netflix, Inc. will post 3.59 EPS for the current year.

Insiders Place Their Bets

In other Netflix news, insider David Hyman sold 5,723 shares of the business's stock in a transaction that occurred 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 owned 316,100 shares in the company, valued at $23,027,885. The trade was a 1.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, 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 business's stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $75.27, for a total value of $54,194.40. Following the transaction, the director owned 2,460 shares of the company's stock, valued at $185,164.20. This trade represents a 22.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 197,025 shares of company stock valued at $14,283,453 over the last quarter. Corporate insiders own 1.24% of the company's stock.

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.

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