Netflix, Inc. $NFLX Stock Sold by International Assets Investment Management LLC

Key Points

• International Assets Investment Management LLC cut its Netflix stake by 57.5% in the third quarter, selling 67,683 shares and retaining 50,000 shares valued at approximately $3.48 million. Institutional investors collectively own 80.93% of Netflix.
• Netflix reported quarterly earnings of $0.87 per share, beating expectations of $0.82, while revenue reached $12.87 billion, up 11.9% year over year. The stock opened at $62.34, near its one-year low of $61.39.
• Analyst views remain broadly positive but price targets have been reduced by some firms; Netflix has a consensus “Moderate Buy” rating and an average price target of $89.14.

International Assets Investment Management LLC trimmed its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 57.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 50,000 shares of the Internet television network's stock after selling 67,683 shares during the quarter. International Assets Investment Management LLC's holdings in Netflix were worth $3,479,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd bought a new position in Netflix in the second quarter worth $26,000. Sawyer & Company Inc purchased a new position in Netflix during the third quarter valued at $27,000. Compound Global Advisors LLC purchased a new position in Netflix during the second quarter valued at $29,000. Burnham & Co LLC bought a new stake in shares of Netflix during the 2nd quarter valued at $29,000. Finally, Pin Oak Investment Advisors Inc. bought a new stake in shares of Netflix during the 2nd quarter valued at $44,000. Hedge funds and other institutional investors own 80.93% of the company's stock.

Netflix Stock Performance

Shares of NFLX stock opened at $62.34 on Tuesday. The company has a market capitalization of $255.99 billion, a price-to-earnings ratio of 21.16, a price-to-earnings-growth ratio of 0.91 and a beta of 1.62. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.07 and a current ratio of 1.07. Netflix, Inc. has a one year low of $61.39 and a one year high of $116.73. The company's 50-day moving average is $72.33 and its 200 day moving average is $81.43.

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

Analysts Set New Price Targets

Several research analysts recently issued reports on NFLX shares. China Renaissance decreased their price target on shares of Netflix from $100.00 to $80.00 and set a "hold" rating for the company in a research note on Friday, July 17th. Weiss Ratings lowered shares of Netflix from a "hold (c+)" rating to a "hold (c)" rating in a research note on Friday, October 23rd. Stephens began coverage on shares of Netflix in a report on Friday, July 17th. They issued an "overweight" rating on the stock. Guggenheim cut their price objective on shares of Netflix from $80.00 to $78.00 and set a "buy" rating on the stock in a report on Wednesday, October 21st. Finally, Seaport Research Partners set a $85.00 target price on shares of Netflix in a research note on Wednesday, October 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, seventeen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $89.14.

More Netflix News

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

Insider Activity

In other Netflix news, Director Richard N. Barton sold 2,160 shares of Netflix stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $75.10, for a total value of $162,216.00. Following the completion of the sale, the director owned 246 shares of the company's stock, valued at approximately $18,474.60. This trade represents a 89.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the business's stock in a transaction 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 completion of the transaction, the chief executive officer owned 120,931 shares of the company's stock, valued at $8,893,265.74. This represents a 18.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 58,140 shares of company stock valued at $4,132,972 in the last quarter. Insiders own 1.24% of the company's stock.

Netflix Company 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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