Netflix, Inc. $NFLX Shares Bought by Nilsine Partners LLC

Key Points

• Nilsine Partners increased its Netflix stake by 27.1% in the second quarter, adding 29,421 shares to hold 138,081 shares worth approximately $9.86 million. Institutional investors and hedge funds collectively own 80.93% of Netflix.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $96.65, although several firms recently reduced their targets. Netflix shares opened at $78.25, well below their 52-week high of $126.71.
• Netflix slightly beat quarterly earnings expectations, reporting $0.80 in adjusted earnings per share and $12.56 billion in revenue, while revenue increased 13.4% year over year. Meanwhile, executives sold shares under a pre-arranged plan, primarily to cover tax obligations tied to equity awards.

Nilsine Partners LLC grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 27.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 138,081 shares of the Internet television network's stock after purchasing an additional 29,421 shares during the quarter. Nilsine Partners LLC's holdings in Netflix were worth $9,859,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Imprint Wealth LLC acquired a new position in Netflix in the third quarter valued at $25,000. Cornerstone Financial Management LLC purchased a new stake in Netflix in the 4th quarter valued at about $26,000. Clal Insurance Enterprises Holdings Ltd acquired a new position in shares of Netflix during the 2nd quarter valued at about $26,000. Atlas Capital Advisors Inc. purchased a new position in shares of Netflix during the 4th quarter worth about $26,000. Finally, Jessup Wealth Management Inc purchased a new position in shares of Netflix during the 4th quarter worth about $27,000. Institutional investors and hedge funds own 80.93% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. TD Cowen lowered their target price on shares of Netflix from $112.00 to $100.00 and set a "buy" rating for the company in a report on Friday, July 17th. Piper Sandler reaffirmed an "overweight" rating and set a $85.00 price target (down from $115.00) on shares of Netflix in a research note on Friday, July 17th. Raymond James Financial reiterated a "market perform" rating on shares of Netflix in a report on Thursday, May 14th. Moffett Nathanson decreased their price target on shares of Netflix from $115.00 to $100.00 and set a "buy" rating on the stock in a report on Friday, July 17th. Finally, KeyCorp reissued an "overweight" rating and set a $92.00 price objective (down from $115.00) on shares of Netflix in a research note on Monday, July 13th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $96.65.

Netflix Stock Down 5.3%

NFLX opened at $78.25 on Friday. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $126.71. The firm has a 50 day moving average price of $75.52 and a 200 day moving average price of $84.40. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market cap of $325.83 billion, a PE ratio of 24.63, a price-to-earnings-growth ratio of 1.10 and a beta of 1.53.

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

Insiders Place Their Bets

In related news, CEO Gregory Peters sold 27,312 shares of Netflix stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total transaction of $2,008,524.48. Following the transaction, the chief executive officer owned 120,931 shares in the company, valued at approximately $8,893,265.74. The trade was a 18.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Theodore 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 sale, the chief executive officer directly owned 206,266 shares of the company's stock, valued at approximately $15,063,605.98. This trade represents a 33.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last 90 days, insiders have sold 213,595 shares of company stock worth $15,812,072. 1.24% of the stock is owned by company insiders.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix raised subscription prices in the U.K., a market that generates roughly 20% of the company’s EMEA revenue. The increase could boost average revenue per member and profitability if subscriber retention remains strong. Netflix hikes UK prices for the second time in 2026
• Positive Sentiment: Netflix’s advertising business continues to attract investor interest, with advertiser growth, programmatic access and artificial-intelligence tools potentially creating a second monetization engine beyond subscriptions. Netflix Stock Rebound Fuels Ad Growth Talk
• Positive Sentiment: Recent bullish commentary points to Netflix’s roughly 325 million paid memberships, strong margins and potential for additional monetization. The stock also benefited previously from bargain buying after reaching a 52-week low. Why Netflix Stock Gained 13% in August
• Neutral Sentiment: Speculation about possible streaming acquisitions has drawn attention, but regulatory barriers, controlling shareholders and potentially high purchase prices make a deal uncertain and provide no immediate earnings benefit. Netflix’s Acquisition Wishlist
• Negative Sentiment: Investors appear focused on the risk that repeated U.K. price increases could weigh on subscriber growth or increase cancellations, particularly after Netflix raised U.S. prices earlier this year. Netflix Stock Falls as Streamer Raises U.K. Price
• Negative Sentiment: Higher interest rates are pressuring long-duration growth companies and higher-multiple media stocks, creating a valuation-driven headwind for Netflix even as its operating outlook remains solid. Netflix Falls as Rate Repricing Pressures Growth Stocks

About Netflix

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source