CenterBook Partners LP Has $26.97 Million Position in Netflix, Inc. $NFLX

CenterBook Partners LP lifted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 47.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 22,493 shares of the Internet television network’s stock after purchasing an additional 7,212 shares during the period. Netflix accounts for approximately 1.3% of CenterBook Partners LP’s portfolio, making the stock its 8th largest position. CenterBook Partners LP’s holdings in Netflix were worth $26,967,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. BG Investment Services Inc. bought a new position in Netflix in the 2nd quarter worth $338,000. Vanguard Group Inc. increased its stake in Netflix by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock valued at $46,183,983,000 after purchasing an additional 142,238 shares in the last quarter. CIBC Capital Markets Europe S.A. raised its holdings in Netflix by 171.4% in the third quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network’s stock worth $79,732,000 after buying an additional 42,000 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Netflix by 6.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 302,182 shares of the Internet television network’s stock worth $362,292,000 after buying an additional 18,837 shares in the last quarter. Finally, NEOS Investment Management LLC grew its holdings in shares of Netflix by 64.6% during the third quarter. NEOS Investment Management LLC now owns 177,297 shares of the Internet television network’s stock valued at $212,565,000 after buying an additional 69,570 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Arete Research boosted their price objective on shares of Netflix from $83.30 to $108.40 and gave the stock a “neutral” rating in a report on Tuesday, October 28th. BMO Capital Markets decreased their price target on Netflix from $143.00 to $135.00 and set an “outperform” rating for the company in a research note on Wednesday, January 21st. Weiss Ratings cut Netflix from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, January 22nd. President Capital raised Netflix from a “neutral” rating to a “buy” rating and set a $130.00 target price for the company in a research report on Monday, November 3rd. Finally, KGI Securities upgraded shares of Netflix from a “neutral” rating to an “outperform” rating and set a $135.00 target price on the stock in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating and sixteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $116.08.

Netflix Stock Up 0.2%

Shares of NFLX stock opened at $77.00 on Wednesday. Netflix, Inc. has a 12 month low of $75.23 and a 12 month high of $134.12. The stock has a market cap of $325.11 billion, a P/E ratio of 30.47, a P/E/G ratio of 1.37 and a beta of 1.71. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. The company has a 50 day simple moving average of $87.87 and a two-hundred day simple moving average of $106.42.

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

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: WBD’s board continues to unanimously recommend the Netflix transaction and has filed the definitive proxy and set a March 20 special meeting — a move that advances the path to closing and lends near‑term certainty to Netflix’s deal thesis. WBD Files Definitive Proxy Statement
• Positive Sentiment: Netflix granted WBD a seven‑day waiver to engage Paramount — a tactical move that forces a quick “best and final” from PSKY, preserves Netflix’s right to match, and improves optics around fiduciary process/regulatory readiness. Netflix grants Warner Bros. Discovery 7-day waiver
• Positive Sentiment: Co‑CEO Ted Sarandos publicly pushed back on rival tactics, framing Paramount’s efforts as noisy and confusing to WBD investors — messaging intended to defend Netflix’s position and reassure shareholders. Netflix co-CEO: Paramount has been ‘flooding the zone’
• Neutral Sentiment: WBD has invited Paramount to submit a “best and final” offer in the next week (deadline Feb. 23), creating clarity on whether the contest will escalate or conclude quickly. That process could raise the eventual purchase price but also clarifies timing for shareholders and regulators. Warner Bros throws ownership battle open
• Neutral Sentiment: Market commentary and previews continue to focus investors on Netflix fundamentals (ads churn, subs growth) alongside the WBD deal — earnings momentum helps but the takeover remains the dominant driver of share moves. Netflix Earnings Preview
• Negative Sentiment: Paramount appears ready to sweeten its bid (reports suggest $31+/share is possible), and PSKY’s reliance on financing and structural concerns raise the risk of a higher price or renewed bidding that would increase Netflix’s acquisition cost. Warner Bros Seeks Paramount’s “Best and Final Offer”
• Negative Sentiment: An activist investor has surfaced to oppose or pressure aspects of the WBD transaction and governance path, adding execution risk and potential legal/strategic delays. An Activist Investor Emerges
• Negative Sentiment: Broader investor concern about the size and cost of the Warner Bros. acquisition has pressured NFLX shares in recent weeks, and several op‑eds/analysts question downside risk if the deal becomes more expensive or delayed. How Low Can Netflix Stock Go?

Insider Buying and Selling at Netflix

In other news, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $81.06, for a total transaction of $464,230.62. Following the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at $25,623,066. The trade was a 1.78% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Cletus R. Willems sold 3,136 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total value of $259,253.12. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,399,163 shares of company stock valued at $129,899,103 in the last ninety days. 1.37% 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.