Netflix, Inc. $NFLX Stock Bought by Mirador Capital Partners LP

Key Points

• Mirador Capital Partners increased its Netflix stake by 17.5% in the third quarter, holding 134,253 shares valued at approximately $9.34 million. Institutional investors collectively own 80.93% of Netflix.
• Analyst sentiment remains generally positive, with Netflix carrying a consensus “Moderate Buy” rating and an average price target of $94.70, despite several analysts recently lowering targets or downgrading the stock.
• Netflix shares opened at $70.30, near the lower end of their 52-week range, while the company reported quarterly revenue growth of 13.4% and earnings of $0.80 per share, slightly above expectations.

Mirador Capital Partners LP grew its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 17.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,253 shares of the Internet television network's stock after buying an additional 19,963 shares during the quarter. Netflix makes up 1.1% of Mirador Capital Partners LP's portfolio, making the stock its 28th biggest holding. Mirador Capital Partners LP's holdings in Netflix were worth $9,341,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in Netflix in the 2nd quarter worth approximately $24,902,221,000. State Street Corp lifted its holdings in Netflix by 4.9% during the second quarter. State Street Corp now owns 180,129,582 shares of the Internet television network's stock valued at $12,861,252,000 after purchasing an additional 8,474,820 shares in the last quarter. Bank of America Corp DE lifted its holdings in Netflix by 4.3% during the first quarter. Bank of America Corp DE now owns 57,942,812 shares of the Internet television network's stock valued at $5,571,201,000 after purchasing an additional 2,376,349 shares in the last quarter. Invesco Ltd. boosted its position in shares of Netflix by 835.9% in the fourth quarter. Invesco Ltd. now owns 43,462,696 shares of the Internet television network's stock worth $4,075,062,000 after purchasing an additional 38,818,947 shares during the period. Finally, Nuveen LLC boosted its position in shares of Netflix by 830.1% in the fourth quarter. Nuveen LLC now owns 20,579,000 shares of the Internet television network's stock worth $1,929,487,000 after purchasing an additional 18,366,524 shares during the period. 80.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently commented on NFLX shares. New Street Research raised their price objective on shares of Netflix from $96.00 to $102.00 and gave the company a "neutral" rating in a research report on Friday, July 17th. Seaport Research Partners downgraded shares of Netflix from a "buy" rating to a "neutral" rating in a report on Monday, July 20th. Loop Capital cut their price target on Netflix from $115.00 to $95.00 and set a "buy" rating for the company in a research note on Friday, July 24th. Jefferies Financial Group decreased their price target on Netflix from $110.00 to $90.00 and set a "buy" rating on the stock in a report on Friday, July 17th. Finally, China Intl Cap raised Netflix to a "strong-buy" rating in a research note on Tuesday, July 21st. Four research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Netflix presently has an average rating of "Moderate Buy" and a consensus target price of $94.70.

Netflix Trading Down 1.8%

Shares of NFLX stock opened at $70.30 on Friday. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $124.86. 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 stock's 50 day simple moving average is $75.46 and its two-hundred day simple moving average is $81.42. The company has a market cap of $292.72 billion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 1.01 and a beta of 1.62.

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

Insiders Place Their Bets

In other Netflix news, Director Richard N. Barton sold 720 shares of the business's stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $75.27, for a total transaction of $54,194.40. Following the completion of the transaction, the director owned 2,460 shares in the company, valued at $185,164.20. The trade was a 22.64% 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 transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,723 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total value of $416,920.55. Following the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $23,027,885. This represents a 1.78% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 179,045 shares of company stock valued at $13,132,194. 1.24% of the stock is currently owned by company insiders.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Morgan Stanley maintained an “overweight” rating while trimming its price target from $83 to $80, implying meaningful upside from recent trading levels. The lower target reflects caution, but the continued bullish rating provides some support for the investment case. Morgan Stanley Netflix price target report
• Positive Sentiment: Netflix is reportedly paying $200 million for U.S. rights to the 2027 Women’s World Cup. The event could provide valuable live-programming exposure and attract new viewers, although the rights fee adds to near-term content spending. Netflix 2027 Women’s World Cup rights report
• Neutral Sentiment: Netflix’s upcoming scripted series about the FTX collapse, “The Altruists,” is scheduled for November 19. The program could generate attention and engagement, but criticism from figures connected to the crypto industry creates some reputational risk. Netflix FTX series criticism report
• Negative Sentiment: Multiple reports say Netflix plans to eliminate about 5% of its workforce—potentially roughly 800 jobs—with an announcement possibly coming next week. While the cuts could reduce operating expenses and improve margins, investors may interpret them as evidence that management is responding to weaker engagement, intensifying competition from YouTube and pressure on growth. Netflix has not confirmed the plans. Los Angeles Times Netflix layoffs report
• Negative Sentiment: A reported $2.8 billion termination fee boosted Netflix’s cash balance, but it is a one-time payment rather than recurring streaming cash flow. Investors are being cautioned not to treat the windfall as evidence of stronger underlying earnings or content-financing capacity. Netflix termination fee and cash flow report

Netflix Company Profile

Netflix, Inc NASDAQ: NFLX is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.

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