Netflix, Inc. $NFLX Stock: Kelleher Financial Advisors Decreases Position

Kelleher Financial Advisors reduced its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 64.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 7,133 shares of the Internet television network’s stock after selling 12,746 shares during the period. Kelleher Financial Advisors’ holdings in Netflix were worth $496,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in NFLX. BlackRock Inc. acquired a new position in shares of Netflix during the 2nd quarter valued at $24,902,221,000. State Street Corp boosted its position in Netflix by 4.9% during the 2nd quarter. State Street Corp now owns 180,129,582 shares of the Internet television network’s stock worth $12,861,252,000 after purchasing an additional 8,474,820 shares during the period. Bank of America Corp DE boosted its position in Netflix by 4.3% during the 1st quarter. Bank of America Corp DE now owns 57,942,812 shares of the Internet television network’s stock worth $5,571,201,000 after purchasing an additional 2,376,349 shares during the period. Bank of New York Mellon Corp purchased a new stake in Netflix during the 2nd quarter worth $1,906,482,000. Finally, Legal & General Group Plc acquired a new stake in Netflix in the 2nd quarter valued at $1,886,526,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Activity

In other news, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction dated Wednesday, November 4th. The stock was sold at an average price of $64.55, for a total transaction of $369,677.85. Following the sale, the insider directly owned 166,100 shares of the company’s stock, valued at approximately $10,721,755. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Neumann sold 9,248 shares of Netflix stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $75.79, for a total value of $700,905.92. Following the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $5,592,316.73. The trade was a 11.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 34,395 shares of company stock valued at $2,331,910. 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: Bill Ackman described Netflix as “incredibly cheap” after the shares fell sharply from their 2025 peak. The article also notes that third-quarter churn improved year over year, a potentially encouraging sign for customer retention. Article: Bill Ackman on Netflix valuation
• Positive Sentiment: One analysis points to record profits, nearly $5 billion in share repurchases, and deals with Disney and the NFL as evidence of Netflix’s broader strategy. Those factors may support the bullish view that the business is stronger than its share price suggests. Article: Netflix Is Playing a Bigger Game
• Positive Sentiment: Netflix is testing an AI-powered “Discover” tab that lets viewers seek recommendations based on their mood. Better discovery could help keep users engaged, though the feature’s effect on retention or revenue is not yet established. Article: Netflix’s new AI Discover tab
• Neutral Sentiment: Director David Hyman sold 5,727 shares, but the filing says the sale covered tax withholding tied to vested equity awards. He retained 166,100 shares, making the transaction less indicative of a change in his outlook. SEC filing
• Negative Sentiment: Bearish considerations include slowing revenue growth, uninspiring guidance, and concerns about falling viewing hours and Netflix’s changing content mix. These issues may help explain why the stock remains far below its 2025 high despite reported business strengths. Article: Netflix Trades at a Discount to the S&P 500’s Valuation

Netflix Price Performance

Shares of NFLX stock opened at $66.39 on Thursday. The firm has a fifty day simple moving average of $71.68 and a 200-day simple moving average of $81.20. The company has a market capitalization of $272.62 billion, a PE ratio of 19.19, a price-to-earnings-growth ratio of 0.93 and a beta of 1.62. Netflix, Inc. has a twelve month low of $61.39 and a twelve month high of $116.73. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last released its quarterly 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. Netflix had a net margin of 29.69% and a return on equity of 42.69%. The firm had revenue of $12.87 billion for the quarter, compared to the consensus estimate of $12.87 billion. During the same quarter in the previous year, the firm posted $0.59 EPS. The firm’s quarterly revenue was up 11.9% on a year-over-year basis. Equities research analysts anticipate that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year.

Analyst Ratings Changes

NFLX has been the topic of several research reports. Phillip Securities lowered Netflix from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, October 23rd. China Renaissance reduced their price objective on Netflix from $100.00 to $80.00 and set a “hold” rating on the stock in a research note on Friday, July 17th. Argus set a $95.00 target price on Netflix and gave the stock a “buy” rating in a research report on Thursday, October 22nd. Canaccord Genuity Group set a $110.00 target price on Netflix in a research note on Wednesday, October 21st. Finally, CICC Research lowered their target price on Netflix from $110.00 to $90.00 and set an “outperform” rating for the company in a research note on Tuesday, July 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, seventeen have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $89.14.

About Netflix

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.