Ardmore Road Asset Management LP Purchases 56,515 Shares of Netflix, Inc. $NFLX

Ardmore Road Asset Management LP lifted its position in Netflix, Inc. (NASDAQ:NFLX) by 27.1% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 265,000 shares of the Internet television network’s stock after buying an additional 56,515 shares during the quarter. Netflix accounts for about 1.7% of Ardmore Road Asset Management LP’s investment portfolio, making the stock its 27th biggest holding. Ardmore Road Asset Management LP’s holdings in Netflix were worth $25,480,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in NFLX. Imprint Wealth LLC bought a new stake in Netflix in the third quarter worth approximately $25,000. Wealth Watch Advisors INC bought a new position in shares of Netflix during the 3rd quarter valued at $103,000. Strategic Wealth Investment Group LLC bought a new position in shares of Netflix during the 2nd quarter valued at $121,000. Wiser Advisor Group LLC acquired a new stake in shares of Netflix in the 3rd quarter valued at $114,000. Finally, Beaird Harris Wealth Management LLC lifted its stake in shares of Netflix by 9.6% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network’s stock valued at $137,000 after purchasing an additional 10 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Buying and Selling at Netflix

In related news, Director Reed Hastings sold 407,550 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $93.13, for a total transaction of $37,955,131.50. Following the completion of the transaction, the director directly owned 3,940 shares in the company, valued at $366,932.20. This represents a 99.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the completion of the sale, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at approximately $25,054,207.88. This trade represents a 8.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 899,839 shares of company stock valued at $80,141,661 in the last three months. 1.24% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Rosenblatt Securities set a $75.00 target price on shares of Netflix and gave the stock a “neutral” rating in a research report on Friday, July 17th. JPMorgan Chase & Co. reduced their price target on Netflix from $118.00 to $85.00 and set an “overweight” rating for the company in a research report on Friday, July 17th. Citic Securities upped their price target on Netflix from $95.00 to $107.00 and gave the stock a “hold” rating in a research note on Monday, April 27th. The Goldman Sachs Group downgraded Netflix from an “underweight” rating to a “sell” rating in a research note on Monday, July 20th. Finally, HSBC increased their price objective on Netflix from $106.00 to $114.00 and gave the company a “buy” rating in a report on Friday, April 10th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seventeen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $103.48.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s expanding global content strategy, including local-language hits and major franchises, is helping broaden engagement and could support more durable revenue growth. Netflix’s Global Content Strategy Expands: Is Growth More Durable?
• Positive Sentiment: Some analysts and commentators are arguing the post-earnings selloff may have made NFLX more of a value opportunity than a growth stock, which could attract bargain hunters. Netflix (NFLX) Stock Has Become a Value Play Post Q2
• Neutral Sentiment: Netflix remains a central topic in streaming ETF discussions after its Q2 results, as investors weigh whether the company’s growth profile is still strong enough to support the broader streaming trade. ETFs in Spotlight Following Netflix’s Q2 Earnings Beat & Weak ’26 View
• Neutral Sentiment: Market commentary continues to frame Netflix as a company with strong fundamentals but challenged sentiment, with the stock still trading near recent lows. What’s Going on With Netflix Stock?
• Negative Sentiment: Investors are worried that slowing growth, weaker guidance, and rich valuation could limit upside for NFLX despite higher revenue and profit. Losing Wall Street binge premium! Why are Netflix shares in a freefall this year?
• Negative Sentiment: Competitive pressure is still a concern, with YouTube’s strong ad growth renewing questions about whether Netflix can maintain its lead in video entertainment monetization. Alphabet-Owned YouTube Ad Sales Hit a Record $11.06 Billion. Is YouTube Dangerously Close to Surpassing Netflix in Revenue?

Netflix Stock Performance

NFLX opened at $70.09 on Monday. The firm has a market capitalization of $291.85 billion, a P/E ratio of 22.06, a price-to-earnings-growth ratio of 0.88 and a beta of 1.52. The stock’s 50 day moving average price is $78.34 and its two-hundred day moving average price is $86.01. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39. Netflix, Inc. has a 12-month low of $65.08 and a 12-month high of $126.71.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $12.58 billion. During the same period in the previous year, the company earned $0.72 earnings per share. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. On average, equities analysts forecast that Netflix, Inc. will post 3.59 earnings per share for the current year.

About Netflix

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.