Netflix, Inc. $NFLX Stock Position Reduced by Boston Trust Walden Corp

Key Points

• Boston Trust Walden cut its Netflix stake by 17.7% in the third quarter, selling 66,433 shares; it retained 308,477 shares valued at about $21.46 million.
• Netflix reported quarterly EPS of $0.87, beating the $0.82 consensus, while revenue of $12.87 billion matched estimates and rose 11.9% year over year.
• Analysts’ consensus rating was “Moderate Buy,” with an average price target of $89.14; reported insider sales included transactions tied to tax withholding and a pre-arranged trading plan.

Boston Trust Walden Corp reduced its holdings in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 17.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 308,477 shares of the Internet television network's stock after selling 66,433 shares during the period. Boston Trust Walden Corp's holdings in Netflix were worth $21,464,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in NFLX. Financial Avengers Inc. grew its stake in shares of Netflix by 9.8% during the first quarter. Financial Avengers Inc. now owns 1,290 shares of the Internet television network's stock worth $124,000 after purchasing an additional 115 shares in the last quarter. UNIVEST FINANCIAL Corp raised its position in shares of Netflix by 0.5% during the 1st quarter. UNIVEST FINANCIAL Corp now owns 27,315 shares of the Internet television network's stock worth $2,626,000 after acquiring an additional 128 shares in the last quarter. Granite Bay Wealth Management LLC boosted its holdings in Netflix by 5.8% in the first quarter. Granite Bay Wealth Management LLC now owns 2,365 shares of the Internet television network's stock valued at $227,000 after purchasing an additional 130 shares in the last quarter. First Growth Capital LLC boosted its holdings in Netflix by 1.0% in the first quarter. First Growth Capital LLC now owns 13,189 shares of the Internet television network's stock valued at $1,260,000 after purchasing an additional 130 shares in the last quarter. Finally, Conservest Capital Advisors Inc. boosted its holdings in Netflix by 5.7% in the first quarter. Conservest Capital Advisors Inc. now owns 2,445 shares of the Internet television network's stock valued at $235,000 after purchasing an additional 131 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Stock Performance

NASDAQ NFLX opened at $65.56 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.07 and a quick ratio of 1.07. Netflix, Inc. has a 1-year low of $61.39 and a 1-year high of $116.73. The business's 50-day simple moving average is $71.36 and its 200-day simple moving average is $81.09. The firm has a market capitalization of $269.21 billion, a P/E ratio of 18.95, a P/E/G ratio of 0.97 and a beta of 1.62.

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

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. UBS Group set a $90.00 target price on Netflix in a research report on Wednesday, October 21st. Rosenblatt Securities set a $71.00 price objective on Netflix and gave the company a "neutral" rating in a research note on Wednesday, October 21st. Barclays set a $65.00 price objective on Netflix and gave the company an "equal weight" rating in a report on Wednesday, October 21st. 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. Finally, Jefferies Financial Group set a $85.00 price objective on shares of Netflix and gave the stock a "buy" rating in a research report on Thursday, October 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Netflix currently has an average rating of "Moderate Buy" and an average target price of $89.14.

Insider Activity

In other news, CFO Spencer Neumann sold 9,253 shares of the business's stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $66.15, for a total transaction of $612,085.95. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $4,881,010.05. The trade was a 11.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Richard Barton sold 720 shares of the stock in a transaction dated Thursday, September 10th. The shares were 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 of the company's stock, valued at $185,164.20. This represents a 22.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 70,960 shares of company stock worth $4,752,050 over the last 90 days. Insiders own 1.24% of the company's stock.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Investor Bill Ackman called Netflix “incredibly cheap” after its steep retreat from its 2025 high. The article also notes that year-over-year subscriber churn improved in the third quarter, a positive sign for retention. Article: Bill Ackman on Netflix valuation
• Positive Sentiment: Barry Diller argued that competitors cannot match Netflix simply by pursuing greater scale. That view reinforces the potential strength of Netflix’s existing position in streaming. Article: Barry Diller's advice for Hollywood
• Neutral Sentiment: An insider sold 5,727 shares to cover tax withholding related to vested equity awards and retained 166,100 shares. The stated reason makes the sale less meaningful as a signal about the company’s outlook. SEC filing
• Negative Sentiment: Netflix’s third-quarter revenue growth cooled to 11.8%, and a one-time $2.8 billion termination fee boosted first-quarter earnings. The distinction between underlying performance and one-off gains may make investors more cautious about growth and earnings quality. Article: Netflix growth and earnings context
• Negative Sentiment: ETFs were net sellers of Netflix shares on November 3, totaling $13.1 million in net sales. This suggests some near-term institutional selling pressure, though the amount alone does not establish a broader shift in sentiment. Article: ETFs are net sellers of Netflix

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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