AMG National Trust Bank Takes $1.71 Million Position in Netflix, Inc. $NFLX

Key Points

• AMG National Trust Bank purchased 23,934 Netflix shares worth approximately $1.71 million in the second quarter. Institutional investors collectively own 80.93% of Netflix’s stock.
• Netflix reported quarterly EPS of $0.80, slightly above estimates, while revenue rose 13.4% year over year to $12.56 billion. The stock opened at $78.16, below its 12-month high of $126.71.
• Analysts maintain a generally positive outlook, with Netflix receiving a “Moderate Buy” consensus rating and an average price target of $103.48, although some firms recently lowered their targets. Insiders sold roughly $49.1 million of stock over the past 90 days.

AMG National Trust Bank purchased a new stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 23,934 shares of the Internet television network's stock, valued at approximately $1,709,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NFLX. Turning Point Benefit Group Inc. lifted its position in shares of Netflix by 13,400.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network's stock worth $25,000 after purchasing an additional 268 shares in the last quarter. Imprint Wealth LLC bought a new position in Netflix in the 3rd quarter worth approximately $25,000. Cornerstone Financial Management LLC acquired a new position in Netflix during the 4th quarter worth $26,000. Atlas Capital Advisors Inc. acquired a new position in Netflix during the 4th quarter worth $26,000. Finally, Jessup Wealth Management Inc bought a new position in Netflix in the 4th quarter valued at $27,000. Institutional investors and hedge funds own 80.93% of the company's stock.

Netflix Stock Performance

NASDAQ NFLX opened at $78.16 on Monday. Netflix, Inc. has a 12 month low of $65.08 and a 12 month high of $126.71. The stock has a 50-day simple moving average of $74.67 and a 200 day simple moving average of $84.53. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $325.45 billion, a PE ratio of 24.60, a P/E/G ratio of 0.98 and a beta of 1.52.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. The firm had revenue of $12.56 billion for the quarter, compared to analysts' expectations of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The company's revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.72 earnings per share. Research analysts forecast that Netflix, Inc. will post 3.59 EPS for the current year.

Insiders Place Their Bets

In related news, insider David A. Hyman sold 5,723 shares of Netflix stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total transaction of $416,920.55. Following the transaction, the insider owned 316,100 shares of the company's stock, valued at $23,027,885. This trade represents a 1.78% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard N. Barton sold 2,160 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $75.10, for a total transaction of $162,216.00. Following the transaction, the director owned 246 shares of the company's stock, valued at approximately $18,474.60. This represents a 89.78% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 600,295 shares of company stock worth $49,056,671 over the last ninety days. Company insiders own 1.24% of the company's stock.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bill Ackman’s Pershing Square disclosed a new Netflix position of approximately 3.15 million shares, representing about 4.9% of the fund’s portfolio. Ackman said Netflix has effectively “won the streaming wars,” renewing investor interest after the stock’s major sell-off. Reuters article
• Positive Sentiment: Analysts and investing commentators point to Netflix’s resilient fundamentals: second-quarter revenue rose 13.4% year over year to $12.6 billion, earnings per share slightly exceeded estimates, and profitability remained strong. The advertising business, expanding margins and a valuation viewed as reasonable relative to growth are supporting the bullish case. Zacks article
• Positive Sentiment: Netflix’s continued push into live sports—including an MLB “Field of Dreams” game—and the extension of its Seinfeld agreement could strengthen engagement, advertising opportunities and content retention. MLB live sports article
• Neutral Sentiment: Institutional positioning is mixed: some large investors added shares while others reduced holdings. Analysts’ reported price targets remain above the current market level, but investors still must weigh valuation and slowing growth expectations.
• Negative Sentiment: Netflix closed its Hollywood-based Night School gaming studio and plans to close Helsinki-based Moonloot. The closures may improve focus and reduce costs, but they also raise questions about the company’s gaming strategy and ability to expand beyond streaming. Los Angeles Times article
• Negative Sentiment: Reported insider trading shows 30 Netflix open-market sales and no purchases over the past six months. While such sales may reflect compensation or diversification, the one-sided pattern can weigh on sentiment and contrasts with Ackman’s new bullish position. Quiver Quantitative article

Analysts Set New Price Targets

Several research firms have recently commented on NFLX. Sanford C. Bernstein set a $95.00 target price on Netflix and gave the company an "outperform" rating in a research note on Friday, July 17th. CLSA began coverage on Netflix in a report on Monday, July 20th. They issued an "outperform" rating on the stock. China Intl Cap upgraded Netflix to a "strong-buy" rating in a research report on Tuesday, July 21st. TD Cowen dropped their price objective on Netflix from $112.00 to $100.00 and set a "buy" rating for the company in a report on Friday, July 17th. Finally, Pivotal Research cut their target price on shares of Netflix from $96.00 to $70.00 and set a "hold" rating on the stock in a research report on Friday, July 17th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Netflix presently has an average rating of "Moderate Buy" and an average price target of $103.48.

Netflix Company Profile

Netflix, Inc NASDAQ: NFLX is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company's primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.

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