Netflix, Inc. $NFLX Stock Position Lifted by Gerber Kawasaki Wealth & Investment Management

Key Points

• Gerber Kawasaki increased its Netflix stake by 4.2% in the third quarter, adding 17,064 shares for a total of 421,955 shares valued at approximately $29.36 million. Institutional investors and hedge funds collectively own 80.93% of Netflix.
• Netflix insiders sold 58,140 shares worth about $4.13 million over the past 90 days, including stock sales by the CFO and CEO. Corporate insiders own 1.24% of the company.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $89.14, while Netflix recently beat quarterly earnings estimates with $0.87 in EPS and reported $12.87 billion in revenue.

Gerber Kawasaki Wealth & Investment Management increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 4.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 421,955 shares of the Internet television network's stock after buying an additional 17,064 shares during the quarter. Gerber Kawasaki Wealth & Investment Management's holdings in Netflix were worth $29,360,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Netflix during the 2nd quarter worth about $26,000. Sawyer & Company Inc bought a new stake in shares of Netflix during the 3rd quarter worth $27,000. Compound Global Advisors LLC acquired a new stake in shares of Netflix in the second quarter valued at about $29,000. Burnham & Co LLC acquired a new stake in Netflix in the 2nd quarter valued at approximately $29,000. Finally, Torren Management LLC increased its position in Netflix by 116.4% during the third quarter. Torren Management LLC now owns 463 shares of the Internet television network's stock worth $32,000 after acquiring an additional 249 shares during the period. Institutional investors and hedge funds own 80.93% of the company's stock.

Insider Activity

In other news, CFO Spencer Neumann sold 9,248 shares of the stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $75.79, for a total value of $700,905.92. Following the transaction, the chief financial officer directly owned 73,787 shares of the company's stock, valued at $5,592,316.73. This represents a 11.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $73.54, for a total value 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. This trade represents a 18.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 58,140 shares of company stock valued at $4,132,972 in the last ninety days. Corporate insiders own 1.24% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. William Blair restated an "outperform" rating on shares of Netflix in a research note on Wednesday, October 21st. DZ Bank reissued a "buy" rating on shares of Netflix in a report on Monday, July 20th. Seaport Research Partners set a $85.00 target price on Netflix in a report on Wednesday, October 21st. BMO Capital Markets reissued an "outperform" rating and issued a $125.00 price target (down from $135.00) on shares of Netflix in a report on Friday, October 16th. Finally, Loop Capital cut their target price on shares of Netflix from $115.00 to $95.00 and set a "buy" rating on the stock in a research report on Friday, July 24th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have assigned a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, Netflix currently has a consensus rating of "Moderate Buy" and an average target price of $89.14.

Netflix Stock Up 0.4%

Shares of NFLX stock opened at $62.34 on Tuesday. The firm has a fifty day moving average of $72.33 and a 200-day moving average of $81.43. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 12-month low of $61.39 and a 12-month high of $116.73. The company has a market capitalization of $255.99 billion, a price-to-earnings ratio of 18.02, a P/E/G ratio of 0.91 and a beta of 1.62.

Netflix (NASDAQ:NFLX - Get Free Report) last issued its quarterly 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. The company had revenue of $12.87 billion for the quarter, compared to analyst estimates of $12.87 billion. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The company's quarterly revenue was up 11.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.59 earnings per share. As a group, equities research analysts predict that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix continues to post strong financial results: third-quarter revenue reached approximately $12.87 billion, net income was $3.66 billion, and earnings exceeded consensus estimates. Management also projects more than 20% operating-income growth and a 31.5% full-year operating margin. How Investors May Respond To Netflix Lower Ad Revenue Guidance
• Positive Sentiment: The appointment of former Google executive Darshan Kantak to lead Netflix’s advertising platform could strengthen the company’s ad technology and execution as it seeks to build a larger, higher-margin advertising business. Netflix hires Darshan Kantak to lead ads platform
• Positive Sentiment: Some analysts and investors view Netflix’s valuation as comparatively attractive after the selloff, citing double-digit regional growth, lower churn, successful price increases and the potential for substantial long-term returns. Why Netflix Stock Could Double From This Dip
• Neutral Sentiment: A proposal that Netflix could initiate a dividend in 2027 is speculative rather than a company announcement. A dividend could appeal to shareholders, but it would also signal that management sees fewer high-return reinvestment opportunities. Prediction: Netflix Will Begin Paying a Dividend in 2027
• Negative Sentiment: Netflix lowered its 2026 advertising-revenue outlook to roughly $2.7 billion and reported softer engagement. Because advertising growth depends on viewing hours, stalled audience activity raises concerns about the pace of monetization. Netflix Needs You to Watch, Not Just Pay
• Negative Sentiment: The company is reportedly cutting 2% to 3% of its London workforce and recently announced approximately 1,000 global job eliminations. The restructuring may reduce costs, but it also highlights pressure to improve efficiency and concerns about growth. Netflix cuts UK staff and parts with production head
• Negative Sentiment: Commentary has identified Netflix’s U.S. audience engagement and broader streaming-market complexity as key problems, suggesting that strong margins alone may not offset slower viewing growth and tougher competition. Netflix’s U.S. Audience Engagement Problem Is Hurting the Stock

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.

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