Ascent Wealth Partners LLC Grows Position in Netflix, Inc. $NFLX

Ascent Wealth Partners LLC increased its holdings in Netflix, Inc. (NASDAQ:NFLX) by 43.7% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 52,030 shares of the Internet television network’s stock after purchasing an additional 15,835 shares during the period. Ascent Wealth Partners LLC’s holdings in Netflix were worth $5,003,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Laidlaw Wealth Management LLC raised its stake in Netflix by 16.2% during the 1st quarter. Laidlaw Wealth Management LLC now owns 4,890 shares of the Internet television network’s stock valued at $470,000 after buying an additional 680 shares during the last quarter. Aviance Capital Partners LLC boosted its stake in shares of Netflix by 198.6% in the 1st quarter. Aviance Capital Partners LLC now owns 61,342 shares of the Internet television network’s stock worth $5,898,000 after buying an additional 40,797 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Netflix by 1.0% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 24,571 shares of the Internet television network’s stock worth $2,363,000 after acquiring an additional 233 shares during the period. Dorsey Wright & Associates bought a new stake in shares of Netflix in the first quarter worth $282,000. Finally, Ceera Investments LLC bought a new stake in shares of Netflix in the first quarter worth $271,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on NFLX. Raymond James Financial reissued a “market perform” rating on shares of Netflix in a report on Thursday, May 14th. Jefferies Financial Group cut their price target on Netflix from $128.00 to $110.00 and set a “buy” rating for the company in a research note on Wednesday, June 10th. Weiss Ratings lowered shares of Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 26th. President Capital increased their price objective on shares of Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a research note on Tuesday, March 31st. Finally, Stephens initiated coverage on shares of Netflix in a research note on Friday. They issued an “overweight” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and sixteen have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $103.97.

Insiders Place Their Bets

In other news, Director Reed Hastings sold 407,550 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $93.13, for a total value of $37,955,131.50. Following the transaction, the director owned 3,940 shares of the company’s stock, valued at approximately $366,932.20. The trade was a 99.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $823,054.35. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at $6,563,353.65. This trade represents a 11.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 899,839 shares of company stock worth $80,141,661 over the last ninety days. 1.24% of the stock is owned by company insiders.

Netflix Stock Performance

NASDAQ NFLX opened at $68.95 on Friday. The firm has a market cap of $290.33 billion, a price-to-earnings ratio of 21.70, a price-to-earnings-growth ratio of 0.88 and a beta of 1.52. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The business has a 50-day moving average price of $80.15 and a 200-day moving average price of $86.90. Netflix, Inc. has a twelve month low of $65.08 and a twelve month high of $126.71.

Netflix (NASDAQ:NFLX) last released its earnings results 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 firm had revenue of $12.56 billion during the quarter, compared to analysts’ expectations of $12.58 billion. Netflix had a return on equity of 40.83% and a net margin of 28.22%.The firm’s revenue was up 13.4% on a year-over-year basis. During the same quarter last year, the business posted $0.72 earnings per share. As a group, equities research analysts predict that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Key Headlines Impacting 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 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.