Factory Mutual Insurance Co. Cuts Stake in Netflix, Inc. $NFLX

Factory Mutual Insurance Co. lowered its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 22.9% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 34,200 shares of the Internet television network’s stock after selling 10,148 shares during the quarter. Factory Mutual Insurance Co.’s holdings in Netflix were worth $41,003,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Retirement Wealth Solutions LLC bought a new stake in shares of Netflix in the 3rd quarter worth approximately $28,000. Legacy Investment Solutions LLC bought a new position in Netflix during the second quarter valued at $31,000. Steph & Co. raised its stake in shares of Netflix by 188.9% in the third 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. Rossby Financial LCC purchased a new position in shares of Netflix during the 2nd quarter valued at $35,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of Netflix during the 3rd quarter valued at $36,000. Institutional investors own 80.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NFLX. Jefferies Financial Group restated a “buy” rating on shares of Netflix in a research note on Wednesday, January 21st. Sanford C. Bernstein reiterated a “buy” rating on shares of Netflix in a research note on Wednesday. Benchmark reissued a “hold” rating on shares of Netflix in a research report on Tuesday, January 13th. Erste Group Bank downgraded shares of Netflix from a “buy” rating to a “hold” rating in a report on Friday, October 31st. Finally, Royal Bank Of Canada reiterated a “hold” rating on shares of Netflix in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating and sixteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $116.08.

Netflix Trading Down 1.3%

Shares of NFLX stock opened at $77.00 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. Netflix, Inc. has a 52-week low of $75.23 and a 52-week high of $134.12. The company has a market capitalization of $325.11 billion, a PE ratio of 30.47, a price-to-earnings-growth ratio of 1.39 and a beta of 1.71. The business’s fifty day moving average is $87.24 and its 200 day moving average is $105.89.

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

Insiders Place Their Bets

In related news, CFO Spencer Adam Neumann sold 9,248 shares of the company’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $81.27, for a total value of $751,584.96. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $5,996,669.49. The trade was a 11.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David A. Hyman sold 5,727 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $81.06, for a total value of $464,230.62. Following the sale, the insider owned 316,100 shares in the company, valued at $25,623,066. The trade was a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,399,163 shares of company stock valued at $129,899,103 over the last three months. Corporate insiders own 1.37% of the company’s stock.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Reports say Netflix has ample cash room to raise its bid for Warner Bros., signaling it can match or top rival offers and improve odds of winning the deal. Netflix has ample room to increase its offer (Reuters)
• Positive Sentiment: Co-CEO Ted Sarandos says he’s “highly confident” the Warner Bros. deal will close and that the acquisition will accelerate Netflix’s growth — supportive for long-term strategy. Sarandos Says Warner Bros. Purchase Will Accelerate Netflix Growth (YouTube)
• Positive Sentiment: Netflix granted WBD a short waiver to let Paramount submit a “best and final” offer — a move that gives Netflix time to respond and may improve regulatory optics if it ultimately wins. Warner Bros Seeks Paramount’s “Best and Final Offer” (MarketBeat)
• Positive Sentiment: Some analysts and investors highlight Netflix’s fundamentals and rate reaffirmations (e.g., Bernstein), arguing the company can withstand the deal overhang and recover if it wins or adjusts strategy. Netflix receives a buy rating from Bernstein (MarketScreener)
• Neutral Sentiment: Warner Bros. reopening talks with Paramount and seeking a best-and-final offer raises the chance the final price moves higher — creates ambiguity rather than a clear positive or negative outcome for Netflix. Warner Bros. strategic updates (MarketBeat)
• Negative Sentiment: High-profile pushback: director James Cameron sent a scathing letter to a U.S. senator raising antitrust/regulatory concerns around the Netflix–WBD combination — a risk to deal approval and timeline. James Cameron sends scathing letter to antitrust lawmaker (CNBC)
• Negative Sentiment: Theater owners remain skeptical despite Netflix’s theatrical pledges; exhibitor caution (Cinemark) risks strained industry relationships and could complicate content distribution strategies. Netflix Acquiring Warner Bros. Would Put ‘More’ Movies In Theaters (Forbes)
• Negative Sentiment: Market reaction: shares have slid toward 52-week lows as the bidding war and deal-risk overhang pressure the stock; some write-ups warn of potential debt/financial strain if the transaction is financed heavily. YouTube threat drives Netflix to 52-week low (24/7 Wall St.)
• Negative Sentiment: Additional distractions: litigation threats against ByteDance/TikTok over AI content and renewed public debate about the takeover add noise and potential legal/PR costs. Netflix warns TikTok parent with litigation (Benzinga)

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.