Cantor Fitzgerald Investment Advisors L.P. Makes New Investment in Netflix, Inc. $NFLX

Key Points

• Cantor Fitzgerald Investment Advisors initiated a Netflix position worth approximately $11.9 million, while institutional investors collectively own 80.93% of the company.
• Netflix reported third-quarter EPS of $0.87, beating estimates of $0.82, with revenue of $12.87 billion up 11.9% year over year. Analysts maintain a “Moderate Buy” consensus and an average price target of $89.94.
• Netflix shares opened at $65.04, near their 52-week low of $64.10. Meanwhile, insiders sold roughly $13.1 million in stock over the past three months, including sales by co-CEOs Theodore Sarandos and Gregory Peters.

Cantor Fitzgerald Investment Advisors L.P. bought a new stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 171,547 shares of the Internet television network's stock, valued at approximately $11,936,000.

Other institutional investors also recently modified their holdings of the company. Sage Private Wealth Group LLC raised its position in shares of Netflix by 371.9% in the third quarter. Sage Private Wealth Group LLC now owns 16,313 shares of the Internet television network's stock valued at $1,135,000 after buying an additional 12,856 shares in the last quarter. Clarity Wealth Advisors LLC grew its position in Netflix by 7.4% during the third quarter. Clarity Wealth Advisors LLC now owns 11,711 shares of the Internet television network's stock worth $815,000 after buying an additional 811 shares in the last quarter. PFS Partners LLC grew its position in Netflix by 1,265.8% during the third quarter. PFS Partners LLC now owns 10,790 shares of the Internet television network's stock worth $751,000 after buying an additional 10,000 shares in the last quarter. Signature Wealth Management Partners LLC grew its position in Netflix by 6.0% during the third quarter. Signature Wealth Management Partners LLC now owns 6,013 shares of the Internet television network's stock worth $418,000 after buying an additional 343 shares in the last quarter. Finally, Magnus Financial Group LLC increased its stake in Netflix by 5.9% during the 3rd quarter. Magnus Financial Group LLC now owns 23,308 shares of the Internet television network's stock worth $1,622,000 after acquiring an additional 1,290 shares during the period. Institutional investors own 80.93% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on NFLX. CLSA assumed coverage on Netflix in a report on Monday, July 20th. They issued an "outperform" rating for the company. Wolfe Research reissued an "outperform" rating and set a $95.00 target price (up from $84.00) on shares of Netflix in a report on Tuesday, August 25th. Bank of America decreased their price target on Netflix from $105.00 to $90.00 and set a "buy" rating on the stock in a research report on Wednesday. Pivotal Research restated a "hold" rating and issued a $65.00 price target on shares of Netflix in a research report on Wednesday. Finally, Wedbush dropped their price target on Netflix from $105.00 to $90.00 and set an "outperform" rating for the company in a research note on Friday, October 16th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $89.94.

Netflix Stock Performance

Shares of NASDAQ:NFLX opened at $65.04 on Thursday. Netflix, Inc. has a 1 year low of $64.10 and a 1 year high of $116.73. The stock has a market capitalization of $270.82 billion, a price-to-earnings ratio of 18.80, a price-to-earnings-growth ratio of 0.97 and a beta of 1.62. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. The company's 50 day simple moving average is $74.74 and its 200 day simple moving average is $79.96.

Netflix (NASDAQ:NFLX - Get Free Report) last released its earnings results on Tuesday, October 20th. The Internet television network reported $0.87 earnings per share 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 during the quarter, compared to analysts' expectations of $12.87 billion. During the same period in the prior year, the company earned $0.59 earnings per share. The company's quarterly revenue was up 11.9% on a year-over-year basis. As a group, research analysts predict that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Insider Activity at Netflix

In related news, CEO Theodore A. Sarandos sold 105,850 shares of the company's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $73.03, for a total transaction of $7,730,225.50. Following the completion of the sale, the chief executive officer directly owned 206,266 shares in the company, valued at $15,063,605.98. This represents a 33.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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, CEO Gregory K. Peters sold 27,312 shares of the firm's stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $73.54, for a total value of $2,008,524.48. Following the completion of the sale, the chief executive officer directly owned 120,931 shares in the company, valued at $8,893,265.74. This trade represents a 18.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 179,045 shares of company stock worth $13,132,194 in the last three months. Insiders own 1.24% of the company's stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix reported third-quarter EPS of $0.87, above the $0.82 consensus estimate, while revenue of $12.87 billion was essentially in line with expectations. Revenue increased about 12% year over year, operating margin expanded to 34.6%, and net income rose approximately 44%. Netflix Q3 earnings report
• Positive Sentiment: Some analysts remain constructive after the selloff. UBS, JPMorgan, Bank of America, TD Cowen and Guggenheim maintained positive ratings despite lowering price targets, while BMO described the decline as a potential buying opportunity. BMO post-earnings view
• Positive Sentiment: Management expects advertising revenue to grow more than 80% in 2026 and is betting on improved U.S. programming, live events and internationally successful local-language content to increase engagement and improve returns on content spending. Local-language content analysis

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.