Netflix, Inc. $NFLX Stock: Lazari Capital Management Inc. Grows Holdings

Lazari Capital Management Inc. increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 16.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,360 shares of the Internet television network’s stock after acquiring an additional 9,289 shares during the quarter. Netflix makes up about 1.1% of Lazari Capital Management Inc.’s portfolio, making the stock its 15th largest position. Lazari Capital Management Inc.’s holdings in Netflix were worth $4,478,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also bought and sold shares of NFLX. BlackRock Inc. acquired a new stake in shares of Netflix in the 2nd quarter valued at about $24,902,221,000. State Street Corp lifted its stake 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 valued at $12,861,252,000 after acquiring an additional 8,474,820 shares in the last quarter. Bank of America Corp DE boosted its holdings in Netflix by 4.3% during the first 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 last quarter. Bank of New York Mellon Corp bought a new position in shares of Netflix in the second quarter valued at approximately $1,906,482,000. Finally, Legal & General Group Plc bought a new position in Netflix in the 2nd quarter valued at $1,886,526,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Netflix news, insider David A. Hyman sold 5,723 shares of the 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 completion of the sale, the insider owned 316,100 shares in the company, valued at approximately $23,027,885. This trade represents a 1.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $73.54, for a total value of $2,008,524.48. Following the completion of the sale, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at $8,893,265.74. The trade was a 18.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 179,045 shares of company stock valued at $13,132,194 over the last quarter. Company insiders own 1.24% of the company’s stock.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s advertising business is a key potential upside driver. Analysts expect ad revenue to accelerate toward the company’s roughly $3 billion 2026 target, supported by stronger upfront commitments and higher subscription prices. Wedbush expects limited customer churn and results broadly in line with company guidance. Netflix heads into earnings with churn in check and ad revenue rising
• Positive Sentiment: Wall Street’s consensus calls for approximately $12.87 billion to $12.88 billion in revenue and earnings per share of about $0.82 to $0.83. Some analysts remain bullish, arguing that the stock’s steep decline has already priced in much of the bad news. Here’s what to expect when Netflix reports earnings
• Neutral Sentiment: Options markets imply an unusually large post-earnings move—roughly 9% according to several previews—highlighting significant event risk rather than a clear directional consensus. Investors will focus on subscriber trends, engagement, advertising growth and fourth-quarter guidance. Options traders expect a big move in NFLX stock
• Negative Sentiment: Investor sentiment is pressured by weak engagement and reports that Netflix has not added net U.S. subscribers in any month this year. Concerns that the company’s mature U.S. market is “hitting a wall” raise questions about future growth. Netflix has hit a wall
• Negative Sentiment: Netflix recently cut about 1,000 jobs, or roughly 6% of its workforce, while film chief Dan Lin and other senior executives have departed. The restructuring may improve costs, but its timing has intensified concerns about content performance, strategy and management stability. Netflix film division boss to exit
• Negative Sentiment: Competition is also becoming a larger long-term risk, with the Skydance-Paramount combination expected to expand its film output and strengthen rival streaming offerings.

Netflix Trading Down 0.9%

Shares of NASDAQ:NFLX traded down $0.61 on Tuesday, reaching $69.23. 19,074,341 shares of the company traded hands, compared to its average volume of 42,101,789. The business’s 50-day simple moving average is $75.04 and its 200 day simple moving average is $80.38. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. Netflix, Inc. has a 52 week low of $65.08 and a 52 week high of $124.86. The stock has a market capitalization of $288.29 billion, a P/E ratio of 21.79, a price-to-earnings-growth ratio of 1.00 and a beta of 1.62.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on NFLX shares. Wedbush dropped their target price on shares of Netflix from $105.00 to $90.00 and set an “outperform” rating on the stock in a research note on Friday. Weiss Ratings raised Netflix from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, October 8th. Seaport Research Partners reissued a “buy” rating and set a $90.00 target price on shares of Netflix in a report on Monday. UBS Group decreased their price target on Netflix from $130.00 to $115.00 and set a “buy” rating on the stock in a research report on Friday, July 17th. Finally, Robert W. Baird set a $90.00 price objective on Netflix and gave the stock an “outperform” rating in a research report on Wednesday, July 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $93.38.

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.