Meeder Asset Management Inc. Buys 41,250 Shares of Netflix, Inc. $NFLX

Meeder Asset Management Inc. grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 4,563.1% during the 1st quarter, Holdings Channel reports. The firm owned 42,154 shares of the Internet television network’s stock after buying an additional 41,250 shares during the period. Meeder Asset Management Inc.’s holdings in Netflix were worth $4,053,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Balefire LLC raised its holdings in shares of Netflix by 8.8% in the 1st quarter. Balefire LLC now owns 8,434 shares of the Internet television network’s stock valued at $811,000 after purchasing an additional 680 shares during the period. Parallel Advisors LLC grew its holdings in Netflix by 3.2% during the first quarter. Parallel Advisors LLC now owns 328,156 shares of the Internet television network’s stock worth $31,552,000 after purchasing an additional 10,290 shares during the period. Boston Common Asset Management LLC grew its holdings in Netflix by 1.6% during the first quarter. Boston Common Asset Management LLC now owns 352,081 shares of the Internet television network’s stock worth $33,853,000 after purchasing an additional 5,519 shares during the period. Planning Alternatives Ltd. ADV increased its position in Netflix by 42.2% during the first quarter. Planning Alternatives Ltd. ADV now owns 6,438 shares of the Internet television network’s stock worth $619,000 after buying an additional 1,910 shares during the last quarter. Finally, Greenwood Gearhart LLC increased its position in Netflix by 6.7% during the first quarter. Greenwood Gearhart LLC now owns 84,968 shares of the Internet television network’s stock worth $8,170,000 after buying an additional 5,350 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Spencer Adam Neumann sold 9,253 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at $6,563,353.65. The trade was a 11.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Bradford L. Smith sold 35,990 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total value of $2,789,944.80. Following the completion of the transaction, the director directly owned 79,690 shares in the company, valued at approximately $6,177,568.80. This represents a 31.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 899,839 shares of company stock worth $80,141,661 over the last three months. 1.24% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on NFLX. Oppenheimer set a $85.00 price objective on Netflix in a research report on Friday. Pivotal Research decreased their target price on Netflix from $96.00 to $70.00 and set a “hold” rating on the stock in a report on Friday. UBS Group dropped their price target on Netflix from $130.00 to $115.00 and set a “buy” rating on the stock in a research note on Friday. The Goldman Sachs Group set a $94.00 price target on Netflix and gave the company a “buy” rating in a report on Friday. Finally, Seaport Research Partners lifted their price objective on shares of Netflix from $115.00 to $119.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $103.97.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some analysts remain bullish, arguing Netflix still has strong long-term upside from margin expansion, advertising growth, and new engagement-driven content formats. Mark Mahaney Reiterates Buy on Netflix
• Positive Sentiment: Supportive commentary highlighted Netflix’s AI, ads, short-form video, and gaming strategy as potential growth catalysts for monetization and engagement. Ad Engagement & Content Opportunities Offer Bullish Edge for NFLX
• Neutral Sentiment: Several analysts cut price targets but mostly kept buy/overweight or hold ratings, signaling lower near-term expectations rather than a full thesis break. Laura Martin Maintains Buy on Netflix
• Negative Sentiment: Netflix’s weaker Q3 outlook and reduced engagement disclosure sparked concern that growth is slowing and management is becoming less transparent with investors. Netflix third-quarter earnings forecast falls shy of Wall Street expectations
• Negative Sentiment: Coverage across the market emphasized the post-earnings selloff, citing a revenue miss, soft guidance, and investor worries about future growth and competition. U.S. Chip Stocks Extend Slide; Netflix Tumbles on Growth Warning

Netflix Stock Performance

Shares of NFLX stock opened at $68.95 on Monday. Netflix, Inc. has a 12-month low of $65.08 and a 12-month high of $126.71. The company has a market capitalization of $290.33 billion, a PE ratio of 21.70, a price-to-earnings-growth ratio of 0.88 and a beta of 1.52. The firm has a 50 day moving average price of $80.15 and a two-hundred day moving average price of $86.85. The company has a quick ratio of 1.41, a current ratio of 1.14 and a debt-to-equity ratio of 0.39.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. Netflix had a return on equity of 40.02% and a net margin of 28.22%.The company had revenue of $12.56 billion for the quarter, compared to the consensus estimate of $12.58 billion. During the same quarter in the prior year, the business earned $0.72 earnings per share. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. As a group, analysts predict that Netflix, Inc. will post 3.6 earnings per share 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.