Legal & General Group Plc Raises Holdings in Netflix, Inc. $NFLX

Legal & General Group Plc increased its holdings in Netflix, Inc. (NASDAQ:NFLX) by 2.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 2,610,101 shares of the Internet television network’s stock after purchasing an additional 64,800 shares during the quarter. Netflix accounts for about 0.7% of Legal & General Group Plc’s holdings, making the stock its 17th biggest holding. Legal & General Group Plc’s holdings in Netflix were worth $3,129,302,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in Netflix by 0.4% in the third quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock worth $46,183,983,000 after purchasing an additional 142,238 shares during the last quarter. CIBC Capital Markets Europe S.A. boosted its position in shares of Netflix by 171.4% in the 3rd quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network’s stock worth $79,732,000 after purchasing an additional 42,000 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in Netflix by 6.6% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 302,182 shares of the Internet television network’s stock worth $362,292,000 after buying an additional 18,837 shares during the last quarter. NEOS Investment Management LLC grew its stake in Netflix by 64.6% during the 3rd quarter. NEOS Investment Management LLC now owns 177,297 shares of the Internet television network’s stock worth $212,565,000 after buying an additional 69,570 shares during the last quarter. Finally, Bornite Capital Management LP purchased a new position in Netflix during the 3rd quarter worth $29,973,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on NFLX shares. Wedbush reiterated an “outperform” rating and issued a $115.00 price target on shares of Netflix in a research note on Friday, February 20th. Canaccord Genuity Group set a $125.00 price target on Netflix and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Huber Research upgraded shares of Netflix from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 27th. Guggenheim decreased their price objective on shares of Netflix from $145.00 to $130.00 and set a “buy” rating for the company in a research report on Wednesday, January 21st. Finally, Rosenblatt Securities lifted their target price on shares of Netflix from $94.00 to $95.00 and gave the stock a “neutral” rating in a research note on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $114.67.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Walking away from the Warner Bros. Discovery (WBD) deal is being read as a win: investors see Netflix avoiding an ~$83B cash burden and regulatory risk, preserving cash flow and the company’s growth strategy. Netflix After the WBD Deal Collapse
• Positive Sentiment: Management is redeploying the cash payoff: Netflix received a multi‑billion breakup payment and has already acquired InterPositive (Ben Affleck’s AI filmmaking startup), signaling investment in production technology that could improve content economics. How Do You Like Them Apples? Netflix Buys Ben Affleck’s AI Start-Up.
• Positive Sentiment: Some Wall Street voices applaud Netflix’s return to its “Plan A” (organic growth and content takeovers rather than huge deals), which supports sentiment and could underpin the rally after the deal collapse. Top Analyst Applauds Netflix for Returning to ‘Plan A’
• Neutral Sentiment: Analyst coverage is shifting: CFRA upgraded Netflix while Bank of America trimmed its price target (and other shops are issuing fresh coverage)—a mixed signal that leaves institutional views divided. Bank of America Cuts Netflix Price Target
• Neutral Sentiment: Unusual disclosure: a high‑profile investor disclosure showed President Trump bought Netflix bonds during the bidding war — notable but unlikely to move fundamentals. Trump bought Netflix and Warner Bros bonds at height of bidding war
• Negative Sentiment: Valuation concerns and pullback risk: several analysts and columnists warn Netflix’s recent multi‑year run may have priced in robust growth, leaving the stock vulnerable to a correction if execution or subscriber trends slip. Is Netflix Stock Heading For A Correction?
• Negative Sentiment: Insider selling: co‑founder Reed Hastings sold about $39.8M of stock this week; while some analysts call it routine trimming, insider sales can add short‑term selling pressure and fuel negative headlines. Co-Founder Reed Hastings Just Dumped $40 Million In Netflix Stock
• Negative Sentiment: Some firms remain cautious: Wells Fargo resumed coverage with an Equal Weight and a ~$105 target — a signal that not all analysts see strong near‑term upside despite the favorable deal outcome. Netflix Stock Can Heal From Warner Bros. ‘Scars,’ Analyst Says

Insider Buying and Selling

In other news, CFO Spencer Adam Neumann sold 57,260 shares of the company’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $95.50, for a total value of $5,468,330.00. Following the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $7,046,658.50. This represents a 43.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Reed Hastings sold 426,290 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $91.67, for a total transaction of $39,078,004.30. Following the completion of the sale, the director owned 3,940 shares in the company, valued at $361,179.80. The trade was a 99.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,520,133 shares of company stock worth $137,259,786 in the last quarter. 1.37% of the stock is currently owned by corporate insiders.

Netflix Stock Down 0.7%

Netflix stock opened at $98.32 on Tuesday. The business’s 50-day simple moving average is $86.39 and its two-hundred day simple moving average is $103.39. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. The company has a market cap of $415.12 billion, a PE ratio of 38.91, a PEG ratio of 1.41 and a beta of 1.68. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The firm had revenue of $12.05 billion during the quarter, compared to analysts’ expectations of $11.97 billion. During the same period last year, the business posted $0.43 earnings per share. The company’s revenue for the quarter was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Equities analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current year.

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.