First Trust Advisors LP Has $892.36 Million Position in Netflix, Inc. $NFLX

First Trust Advisors LP raised its position in Netflix, Inc. (NASDAQ:NFLX) by 6.2% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 744,306 shares of the Internet television network’s stock after purchasing an additional 43,263 shares during the period. Netflix makes up about 0.7% of First Trust Advisors LP’s investment portfolio, making the stock its 12th biggest holding. First Trust Advisors LP owned about 0.18% of Netflix worth $892,363,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Modern Wealth Management LLC lifted its holdings in Netflix by 11.4% during the third quarter. Modern Wealth Management LLC now owns 1,808 shares of the Internet television network’s stock worth $2,167,000 after acquiring an additional 185 shares in the last quarter. Neuberger Berman Group LLC increased its holdings in shares of Netflix by 9.1% in the third quarter. Neuberger Berman Group LLC now owns 428,580 shares of the Internet television network’s stock worth $513,833,000 after acquiring an additional 35,696 shares in the last quarter. Foster Dykema Cabot & Partners LLC raised its position in shares of Netflix by 4.1% during the third quarter. Foster Dykema Cabot & Partners LLC now owns 562 shares of the Internet television network’s stock worth $674,000 after purchasing an additional 22 shares during the period. Guardian Capital LP lifted its holdings in shares of Netflix by 3.5% during the 3rd quarter. Guardian Capital LP now owns 847 shares of the Internet television network’s stock valued at $1,015,000 after purchasing an additional 29 shares in the last quarter. Finally, Aptus Capital Advisors LLC lifted its holdings in shares of Netflix by 5.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 40,298 shares of the Internet television network’s stock valued at $48,314,000 after purchasing an additional 2,242 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently issued reports on NFLX. Freedom Capital raised Netflix from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. BMO Capital Markets cut their price target on shares of Netflix from $143.00 to $135.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $98.00 price objective (up from $95.00) on shares of Netflix in a research report on Wednesday, January 21st. Sanford C. Bernstein restated a “buy” rating on shares of Netflix in a report on Wednesday, February 18th. Finally, Loop Capital set a $104.00 price objective on shares of Netflix in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $115.79.

Insiders Place Their Bets

In other news, insider David A. Hyman sold 23,439 shares of the firm’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $88.11, for a total value of $2,065,210.29. Following the completion of the transaction, the insider owned 316,100 shares in the company, valued at $27,851,571. This trade represents a 6.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Reed Hastings sold 426,290 shares of the company’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $91.67, for a total value of $39,078,004.30. Following the sale, the director owned 3,940 shares in the company, valued at $361,179.80. The trade was a 99.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,520,133 shares of company stock valued at $137,259,786 in the last quarter. Company insiders own 1.37% of the company’s stock.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix walked away from its pursuit of Warner Bros. Discovery, securing a multi-billion-dollar breakup fee and removing an acquisition overhang that pressured the stock; management is refocusing on core streaming, ads and technology which investors view as capital-efficient. Netflix (NFLX) Is Up 16.6% After Walking Away From Warner Bros. Deal and Securing Breakup Fee
• Positive Sentiment: Netflix acquired InterPositive, Ben Affleck’s AI filmmaking startup, bringing the team in-house to build creator-focused production tools — a tech-forward move that supports cheaper, faster content production and reinforces Netflix’s AI strategy. Netflix buys Ben Affleck’s AI filmmaking company InterPositive
• Positive Sentiment: CFRA upgraded Netflix to a “buy” with a $115 price target, adding fresh analyst endorsement that supports further upside. Benzinga – CFRA Upgrade
• Positive Sentiment: Analysts and commentators argue walking away from the WBD deal may benefit shareholders by preserving capital and focusing management on margin-accretive growth rather than a massive, risky acquisition. Why Netflix Rejecting Warner Bros Discovery May Benefit Shareholders
• Neutral Sentiment: Bank of America lowered its price target (from $149 to $125) but kept a “buy” rating — a mixed read: still supportive but reflecting more conservative upside assumptions. Benzinga – BofA Lowers Price Target
• Neutral Sentiment: Reports show external investors (including filings tied to President Trump’s trust) bought Netflix debt during the M&A drama — notable market activity but not a direct equity catalyst. Trump Was Quietly Loading Up On Netflix Bonds — While Talking Down Its Warner Bid
• Negative Sentiment: Insider selling: the CFO and other insiders have recently sold shares (large director/Chairman sales were reported), which can create investor concern about timing and leadership selling into strength. Insider Selling: Netflix CFO Sells Stock Netflix Chairman Reed Hastings Cashed Out $39.8M

Netflix Trading Down 0.2%

NASDAQ:NFLX opened at $99.02 on Friday. The company has a market cap of $418.08 billion, a P/E ratio of 39.18, a price-to-earnings-growth ratio of 1.41 and a beta of 1.68. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The business has a 50 day moving average price of $86.30 and a two-hundred day moving average price of $103.69. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51.

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