Netflix, Inc. $NFLX Shares Acquired by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer increased its Netflix stake by 13.4% in the third quarter, purchasing 706,362 additional shares to hold 5.98 million shares valued at approximately $416.6 million. Institutional investors collectively own 80.93% of Netflix.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and average price target of $89.14, despite some firms lowering their targets.
• Netflix reported quarterly EPS of $0.87, beating estimates, while revenue grew 11.9% year over year to $12.87 billion. However, insiders sold shares recently, and the stock opened at $62.08—near its 52-week low—amid concerns about slowing growth and intensifying competition.

Bank Julius Baer & Co. Ltd Zurich boosted its holdings in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 13.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,980,201 shares of the Internet television network's stock after purchasing an additional 706,362 shares during the period. Netflix makes up 1.1% of Bank Julius Baer & Co. Ltd Zurich's portfolio, making the stock its 23rd largest position. Bank Julius Baer & Co. Ltd Zurich owned 0.15% of Netflix worth $416,646,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Nykredit A S purchased a new stake in Netflix in the 2nd quarter valued at approximately $105,697,000. Rockland Trust Co. boosted its position in shares of Netflix by 27.5% during the 3rd quarter. Rockland Trust Co. now owns 219,221 shares of the Internet television network's stock valued at $15,253,000 after acquiring an additional 47,339 shares in the last quarter. Boomfish Wealth Group LLC boosted its position 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 purchasing an additional 16,510 shares during the last quarter. Welch & Forbes LLC grew its stake in Netflix by 3,464.5% in the first quarter. Welch & Forbes LLC now owns 118,448 shares of the Internet television network's stock valued at $11,389,000 after purchasing an additional 115,125 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Netflix in the second quarter valued at approximately $37,743,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have issued reports on NFLX. TD Cowen restated a "buy" rating and set a $100.00 target price on shares of Netflix in a research report on Wednesday, October 21st. Guggenheim lowered their target price on shares of Netflix from $80.00 to $78.00 and set a "buy" rating for the company in a research note on Wednesday, October 21st. Evercore reissued an "outperform" rating and set a $90.00 price target on shares of Netflix in a research report on Wednesday, October 21st. Wedbush dropped their price objective on shares of Netflix from $105.00 to $90.00 and set an "outperform" rating on the stock in a research note on Friday, October 16th. Finally, CLSA started coverage on shares of Netflix in a research note on Monday, July 20th. They issued an "outperform" rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $89.14.

Insider Transactions at Netflix

In other Netflix news, Director Bradford L. Smith sold 17,980 shares of the business's stock in a transaction dated Monday, October 26th. The shares were sold at an average price of $64.03, for a total transaction of $1,151,259.40. Following the sale, the director directly owned 79,690 shares of the company's stock, valued at $5,102,550.70. The trade was a 18.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Theodore A. Sarandos sold 27,312 shares of the firm's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $73.35, for a total transaction of $2,003,335.20. Following the completion of the transaction, the chief executive officer directly owned 178,954 shares in the company, valued at approximately $13,126,275.90. This represents a 13.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. Insiders sold a total of 91,175 shares of company stock valued at $6,553,228 in the last three months. 1.24% of the stock is currently owned by company insiders.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix repurchased approximately $4.8 billion of stock in the third quarter, signaling that management views the shares as undervalued. The company’s scale, strong margins and ability to spread content costs across a large subscriber base also support the bullish case. Netflix Spent $4.8 Billion Buying Back Stock in 1 Quarter
• Positive Sentiment: Netflix’s latest quarterly earnings exceeded expectations, with earnings per share of $0.87 versus an $0.82 consensus estimate. Revenue rose 11.9% year over year and the company reported a 29.69% net margin, highlighting continued financial strength.
• Neutral Sentiment: Analyst comparisons with Amazon and Walt Disney acknowledge Netflix’s valuable entertainment position, but suggest Amazon’s diversified ecosystem, Prime Video reach and advertising tools—or Disney’s broader media assets—may offer greater upside. Amazon vs. Netflix: Which Stock Is the Better Entertainment Play?
• Neutral Sentiment: Netflix is experimenting with live events and other ways to capture viewers’ attention, while reportedly walking away from an Xbox licensing deal. These strategic moves could create new growth opportunities, but their financial impact remains uncertain. The Battle That May Matter Most for Netflix Stock
• Negative Sentiment: Revenue growth has slowed for three consecutive quarters, and investors remain concerned about disappointing guidance. Reuters reports that the stock has lost about one-third of its value this year as the market reassesses Netflix’s growth outlook. Mapping the Market: More losses in store for Netflix shares?
• Negative Sentiment: Competition for living-room viewing and advertising is intensifying. YouTube’s television advertising business reportedly generated more in one quarter than Netflix’s full-year advertising forecast, raising concerns about Netflix’s ability to scale its newer ad-supported business. YouTube's Living-Room Business
• Negative Sentiment: Reports that members are watching less, along with criticism that Netflix’s content-discovery experience is weakening its historical selling point, are fueling worries about engagement, retention and future subscriber growth. Insider selling has added another negative signal. Netflix Can't Lift, Jim Cramer Says

Netflix Price Performance

Shares of NASDAQ NFLX opened at $62.08 on Monday. The company has a market capitalization of $254.92 billion, a P/E ratio of 17.94, a P/E/G ratio of 0.91 and a beta of 1.62. Netflix, Inc. has a 1 year low of $61.39 and a 1 year high of $116.73. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07. The company has a 50 day simple moving average of $72.67 and a 200-day simple moving average of $81.57.

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

Netflix 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.

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.