Principal Financial Group Inc. Sells 26,056 Shares of Netflix, Inc. $NFLX

Principal Financial Group Inc. reduced its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 2.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,142,140 shares of the Internet television network’s stock after selling 26,056 shares during the period. Netflix comprises 0.7% of Principal Financial Group Inc.’s portfolio, making the stock its 29th largest holding. Principal Financial Group Inc. owned 0.27% of Netflix worth $1,369,357,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Retirement Wealth Solutions LLC purchased a new position in shares of Netflix during the 3rd quarter worth approximately $28,000. Legacy Investment Solutions LLC purchased a new position in Netflix during the second quarter worth approximately $31,000. Steph & Co. raised its holdings in shares of Netflix by 188.9% during the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock valued at $31,000 after buying an additional 17 shares during the period. Stephens Consulting LLC grew its stake in Netflix by 150.0% in the second quarter. Stephens Consulting LLC now owns 25 shares of the Internet television network’s stock worth $33,000 after purchasing an additional 15 shares in the last quarter. Finally, Rossby Financial LCC bought a new position in shares of Netflix during the second quarter worth about $35,000. 80.93% of the stock is currently owned by institutional investors.

Netflix Stock Up 0.4%

Shares of NASDAQ:NFLX opened at $83.49 on Friday. The firm has a market cap of $352.51 billion, a P/E ratio of 33.04, a PEG ratio of 1.48 and a beta of 1.71. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.33 and a current ratio of 1.19. Netflix, Inc. has a 52-week low of $81.93 and a 52-week high of $134.12. The business’s 50 day simple moving average is $93.77 and its two-hundred day simple moving average is $109.96.

Netflix (NASDAQ:NFLX) last released its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. The company had revenue of $12.05 billion for the quarter, compared to analysts’ expectations of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, research analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Gregory K. Peters sold 105,781 shares of the business’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $82.94, for a total value of $8,773,476.14. Following the completion of the transaction, the chief executive officer owned 122,140 shares in the company, valued at $10,130,291.60. The trade was a 46.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Bradford L. Smith sold 31,790 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $88.86, for a total value of $2,824,859.40. Following the completion of the sale, the director owned 79,690 shares of the company’s stock, valued at $7,081,253.40. This trade represents a 28.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,355,640 shares of company stock worth $136,634,894 over the last quarter. 1.37% of the stock is owned by insiders.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q4 earnings beat and signs of a bottom — Netflix topped revenue and EPS expectations, showed strong free cash flow and put in technical support after the report, prompting some analysts to call a recovery and lift bullish sentiment. Netflix Just Set a Hard Low—Is This The Start of a 40% Rally?
• Positive Sentiment: Analyst buy-the-dip thesis — A visible buy-the-dip narrative has emerged after the post‑earnings pullback, with some firms reiterating Buys and suggesting material upside if execution continues. This Analyst Thinks It’s Finally Time to Buy the Dip in Netflix. Here’s Why
• Positive Sentiment: Institutional/strategic support — High‑profile investors and upgrades (including an upgrade at Freedom Capital and interest from Ark Invest) are providing conviction that the selloff has attracted long‑term buyers. Netflix (NASDAQ:NFLX) Upgraded at Freedom Capital Ark Invest Is Betting on Netflix Stock Amid Warner Bros. Deal Drama. Should You?
• Neutral Sentiment: New content and live sports initiatives — Positive headlines about live sports/Olympics possibilities support growth narrative but are longer‑term catalysts rather than immediate upside. Netflix Stock (NASDAQ:NFLX) Notches Up as the Olympics Become a Possibility
• Negative Sentiment: WBD acquisition overhang — The proposed $72B deal for Warner Bros. Discovery remains the biggest overhang: concerns about leverage, financing structure (possible all‑cash), regulatory scrutiny and execution risk are keeping buyers cautious. Netflix (NFLX) Risks Balance Sheet Health in Pursuit of Warner Bros. (WBD)
• Negative Sentiment: Guidance and growth slowdown — Management’s outlook and commentary signaled slower near‑term growth despite rising ad revenue expectations, fueling caution and analyst downgrades/position exits. Could This Be a Sign of Trouble for Netflix’s Stock? Polen Focus Growth Strategy Exited Netflix (NFLX) Amid Rising Regulatory and Leverage Concerns
• Negative Sentiment: Bear case persists — Some analysts still argue valuation and macro/competitive risks mean shares could fall further until the WBD deal outcome and growth trajectory are clarified. Netflix Has Further To Fall

Wall Street Analysts Forecast Growth

Several brokerages have commented on NFLX. Canaccord Genuity Group set a $125.00 target price on shares of Netflix and gave the stock a “buy” rating in a report on Wednesday, January 21st. Hsbc Global Res upgraded Netflix to a “strong-buy” rating in a research note on Monday, January 12th. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Netflix in a report on Wednesday, January 21st. UBS Group set a $104.00 price objective on Netflix in a research report on Tuesday. Finally, Cfra Research lowered shares of Netflix from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and seventeen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $116.17.

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.