VELA Investment Management LLC Has $1.40 Million Position in Netflix, Inc. $NFLX

Key Points

• VELA Investment Management increased its Netflix stake by 240.2% in the second quarter, bringing its holdings to 19,543 shares valued at approximately $1.40 million. Institutional investors collectively own 80.93% of Netflix.
• Netflix reported quarterly earnings of $0.80 per share, slightly exceeding estimates, while revenue rose 13.4% year over year to $12.56 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $96.65.
• Netflix insiders have sold shares recently, including CEO Theodore Sarandos’ $2.0 million sale and director Richard Barton’s $162,216 sale; insiders sold 213,595 shares worth about $15.8 million over the past 90 days.

VELA Investment Management LLC grew its stake in Netflix, Inc. (NASDAQ:NFLX - Free Report) by 240.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,543 shares of the Internet television network's stock after purchasing an additional 13,798 shares during the quarter. VELA Investment Management LLC's holdings in Netflix were worth $1,395,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Shepherd Street Advisors LLC bought a new position in Netflix in the fourth quarter valued at approximately $2,216,000. University of Texas Texas AM Investment Management Co. lifted its position in shares of Netflix by 798.5% during the 4th quarter. University of Texas Texas AM Investment Management Co. now owns 42,542 shares of the Internet television network's stock worth $3,989,000 after buying an additional 37,807 shares during the last quarter. New Mexico Educational Retirement Board boosted its stake in Netflix by 900.0% in the fourth quarter. New Mexico Educational Retirement Board now owns 192,210 shares of the Internet television network's stock valued at $18,022,000 after buying an additional 172,989 shares in the last quarter. Ritholtz Wealth Management grew its position in Netflix by 25.0% in the first quarter. Ritholtz Wealth Management now owns 106,451 shares of the Internet television network's stock valued at $10,235,000 after acquiring an additional 21,260 shares during the last quarter. Finally, Natixis Advisors LLC grew its position in Netflix by 797.3% in the fourth quarter. Natixis Advisors LLC now owns 4,989,919 shares of the Internet television network's stock valued at $467,854,000 after acquiring an additional 4,433,837 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company's stock.

Netflix Price Performance

Netflix stock opened at $78.25 on Monday. The stock's 50 day moving average is $75.52 and its 200 day moving average is $84.45. Netflix, Inc. has a one year low of $65.08 and a one year high of $126.71. The firm has a market cap of $325.83 billion, a P/E ratio of 24.63, a P/E/G ratio of 1.10 and a beta of 1.53. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14.

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 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 business had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. During the same quarter in the prior year, the firm posted $0.72 EPS. The company's revenue for the quarter was up 13.4% compared to the same quarter last year. As a group, research analysts expect that Netflix, Inc. will post 3.59 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on NFLX. Rosenblatt Securities set a $75.00 price target on shares of Netflix and gave the company a "neutral" rating in a research note on Friday, July 17th. Stephens began coverage on shares of Netflix in a research note on Friday, July 17th. They issued an "overweight" rating for the company. Wedbush cut their target price on shares of Netflix from $118.00 to $105.00 and set an "outperform" rating on the stock in a research report on Friday, July 17th. Itau BBA Securities decreased their target price on shares of Netflix from $151.40 to $96.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 5th. Finally, Loop Capital lowered their price target on shares of Netflix from $115.00 to $95.00 and set a "buy" rating for the company in a report on Friday, July 24th. Four research analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $96.65.

Insider Buying and Selling

In related news, Director Richard Barton sold 2,160 shares of Netflix stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $75.10, for a total transaction of $162,216.00. Following the completion of the transaction, the director owned 246 shares of the company's stock, valued at $18,474.60. This trade represents a 89.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Theodore Sarandos sold 27,312 shares of Netflix stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $73.35, for a total transaction of $2,003,335.20. Following the transaction, the chief executive officer directly owned 178,954 shares in the company, valued at $13,126,275.90. This represents a 13.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 sold 213,595 shares of company stock worth $15,812,072. Corporate insiders own 1.24% of the company's stock.

Netflix News Summary

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

Netflix Company Profile

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.

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