C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors Purchases 9,660 Shares of Netflix, Inc. $NFLX

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors boosted its position in Netflix, Inc. (NASDAQ:NFLX) by 44.8% during the 3rd quarter, Holdings Channel reports. The fund owned 31,242 shares of the Internet television network’s stock after acquiring an additional 9,660 shares during the quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in Netflix were worth $2,174,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of Netflix in the 2nd quarter valued at approximately $26,000. Compound Global Advisors LLC purchased a new stake in shares of Netflix during the 2nd quarter worth $29,000. Burnham & Co LLC acquired a new position in shares of Netflix during the second quarter worth $29,000. Merkkuri Wealth Advisors LLC acquired a new position in shares of Netflix during the first quarter worth $31,000. Finally, Bayban increased its holdings in Netflix by 400.0% in the first quarter. Bayban now owns 350 shares of the Internet television network’s stock valued at $34,000 after buying an additional 280 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Price Performance

Shares of NFLX opened at $70.57 on Thursday. 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, Inc. has a 1-year low of $65.08 and a 1-year high of $124.86. The stock has a market cap of $293.85 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 0.99 and a beta of 1.62. The firm has a fifty day moving average price of $75.27 and a 200 day moving average price of $80.87.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. The company had revenue of $12.56 billion for the quarter, compared to analyst estimates of $12.58 billion. Netflix had a return on equity of 40.02% and a net margin of 28.22%. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.72 earnings per share. As a group, sell-side analysts anticipate that Netflix, Inc. will post 3.59 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Huber Research cut Netflix from a “buy” rating to an “underweight” rating in a research note on Tuesday. China Intl Cap raised Netflix to a “strong-buy” rating in a research report on Tuesday, July 21st. TD Cowen reiterated a “buy” rating and issued a $100.00 price objective on shares of Netflix in a report on Monday, October 5th. Rothschild & Co Redburn cut their target price on Netflix from $120.00 to $93.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. Finally, The Goldman Sachs Group restated a “buy” rating and set a $90.00 target price on shares of Netflix in a research note on Tuesday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, fifteen have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Netflix presently has a consensus rating of “Moderate Buy” and a consensus target price of $94.41.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Jefferies initiated coverage with a Buy rating and an $85 price target, implying substantial upside from recent levels. The call may be supporting shares ahead of earnings. Netflix stock gets bullish analyst call ahead of next week’s earnings
• Positive Sentiment: Netflix secured exclusive rights to broadcast the 2030 FIFA World Cup in Spain and Andorra, giving the platform a high-profile opportunity to attract viewers and support engagement. Netflix lands 2030 World Cup rights
• Positive Sentiment: The planned workforce reduction could improve efficiency and margins. Management said Netflix remains on track to meet its full-year forecast, while investors may view the restructuring as a way to redirect resources toward content and product initiatives. Netflix to cut 6% of staff
• Neutral Sentiment: Netflix reports third-quarter results on Oct. 20. Investors will focus on subscriber trends, viewing time, free cash flow, content spending and guidance. The stock’s valuation—roughly 22 times earnings—leaves the report as an important near-term catalyst.
• Negative Sentiment: Netflix is eliminating roughly 1,000 jobs, or 6% of its global workforce, its largest reduction since 2022. While potentially margin-positive, the scale of the cuts signals management is responding to slower growth and intensifying competition. Netflix is laying off roughly 6% of its workforce
• Negative Sentiment: App data reportedly showed U.S. churn rising 16.6%, alongside declining viewing time and weaker engagement. These indicators raise concerns that cancellations and competition from YouTube and other services could pressure subscriber growth. Netflix U.S. app churn jumps
• Negative Sentiment: Analyst caution remains a headwind: KeyCorp lowered its price target to $85, Erste cut earnings estimates, and Huber Research downgraded NFLX to Sell. Rising content costs and concerns about transparency are adding pressure ahead of earnings.

Insider Buying and Selling at Netflix

In related news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $73.54, for a total transaction of $2,008,524.48. Following the transaction, the chief executive officer owned 120,931 shares in the company, valued at $8,893,265.74. This trade represents a 18.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider David A. Hyman sold 5,723 shares of Netflix stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $72.85, for a total value of $416,920.55. Following the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $23,027,885. This trade represents a 1.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 179,045 shares of company stock valued at $13,132,194. 1.24% of the stock is owned by insiders.

Netflix Company Profile

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.