Dimensional Fund Advisors LP Sells 871,107 Shares of Netflix, Inc. $NFLX

Dimensional Fund Advisors LP trimmed its position in Netflix, Inc. (NASDAQ:NFLX) by 5.4% during the first quarter, HoldingsChannel.com reports. The fund owned 15,142,522 shares of the Internet television network’s stock after selling 871,107 shares during the period. Dimensional Fund Advisors LP’s holdings in Netflix were worth $1,455,603,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

Several research firms have weighed in on NFLX. Stephens assumed coverage on Netflix in a report on Friday. They set an “overweight” rating on the stock. Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a report on Monday, April 27th. TD Cowen lowered their target price on Netflix from $112.00 to $100.00 and set a “buy” rating for the company in a research note on Friday. Guggenheim set a $75.00 target price on shares of Netflix and gave the stock a “buy” rating in a report on Friday. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Netflix in a report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $103.97.

Key Stories 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 Price Performance

NASDAQ:NFLX opened at $68.95 on Monday. The stock has a 50-day simple moving average of $80.15 and a 200 day simple moving average of $86.85. Netflix, Inc. has a 52-week low of $65.08 and a 52-week high of $126.71. The company has a market cap of $290.33 billion, a PE ratio of 21.70, a PEG ratio of 0.88 and a beta of 1.52. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.41 and a current ratio of 1.14.

Netflix (NASDAQ:NFLX) last released 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 firm had revenue of $12.56 billion for the quarter, compared to analysts’ expectations of $12.58 billion. During the same quarter in the previous year, the business posted $0.72 EPS. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. On average, sell-side analysts expect that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director Reed Hastings sold 386,700 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $85.97, for a total value of $33,244,599.00. Following the completion of the transaction, the director owned 3,940 shares of the company’s stock, valued at approximately $338,721.80. This trade represents a 98.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Netflix stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $88.95, for a total transaction of $823,054.35. Following the completion of the sale, the chief financial officer owned 73,787 shares in the company, valued at $6,563,353.65. The trade was a 11.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 899,839 shares of company stock valued at $80,141,661 over the last 90 days. 1.24% of the stock is currently owned by company insiders.

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.