16,183 Shares of Netflix, Inc. $NFLX Bought by TSG Advice Partners LLC

03 Nov 2026, 11:03 by Michael Walen · The Markets Daily

TSG Advice Partners LLC purchased a new position in Netflix, Inc. (NASDAQ:NFLX – Free Report) in the third quarter, Holdings Channel reports. The fund purchased 16,183 shares of the Internet television network’s stock, valued at approximately $1,155,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Netflix in the 2nd quarter valued at approximately $24,902,221,000. State Street Corp lifted its holdings in Netflix by 4.9% in the 2nd quarter. State Street Corp now owns 180,129,582 shares of the Internet television network’s stock worth $12,861,252,000 after purchasing an additional 8,474,820 shares during the last quarter. Bank of America Corp DE lifted its holdings in Netflix by 4.3% in the 1st quarter. Bank of America Corp DE now owns 57,942,812 shares of the Internet television network’s stock worth $5,571,201,000 after purchasing an additional 2,376,349 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Netflix during the second quarter worth approximately $1,906,482,000. Finally, Legal & General Group Plc bought a new stake in Netflix during the second quarter worth approximately $1,886,526,000. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $62.34 on Tuesday. The company has a market cap of $255.99 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 0.91 and a beta of 1.62. The business has a 50 day moving average price of $72.33 and a 200 day moving average price of $81.43. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a twelve month low of $61.39 and a twelve month high of $116.73.

Netflix (NASDAQ:NFLX – Get Free Report) last issued its quarterly earnings results on Tuesday, October 20th. The Internet television network reported $0.87 EPS for the quarter, topping the consensus estimate of $0.82 by $0.05. The company had revenue of $12.87 billion for the quarter, compared to the consensus estimate of $12.87 billion. Netflix had a return on equity of 42.69% and a net margin of 29.69%. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.59 EPS. Research analysts predict that Netflix, Inc. will post 3.59 earnings per share for the current year.

Analyst Upgrades and Downgrades

NFLX has been the topic of several analyst reports. Moffett Nathanson reiterated a “buy” rating and set a $90.00 price target on shares of Netflix in a report on Wednesday, October 21st. BMO Capital Markets reissued an “outperform” rating and issued a $125.00 price target (down from $135.00) on shares of Netflix in a research report on Friday, October 16th. The Goldman Sachs Group set a $84.00 price objective on shares of Netflix in a research note on Wednesday, October 21st. Daiwa Securities Group decreased their price objective on shares of Netflix from $102.00 to $76.00 and set an “outperform” rating for the company in a report on Wednesday, July 22nd. Finally, DZ Bank reiterated a “buy” rating on shares of Netflix in a research note on Monday, July 20th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating, seventeen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $89.14.

Read Our Latest Stock Analysis on Netflix

Netflix News Summary

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Netflix continues to post strong financial results: third-quarter revenue reached approximately $12.87 billion, net income was $3.66 billion, and earnings exceeded consensus estimates. Management also projects more than 20% operating-income growth and a 31.5% full-year operating margin. How Investors May Respond To Netflix Lower Ad Revenue Guidance
Positive Sentiment: The appointment of former Google executive Darshan Kantak to lead Netflix’s advertising platform could strengthen the company’s ad technology and execution as it seeks to build a larger, higher-margin advertising business. Netflix hires Darshan Kantak to lead ads platform
Positive Sentiment: Some analysts and investors view Netflix’s valuation as comparatively attractive after the selloff, citing double-digit regional growth, lower churn, successful price increases and the potential for substantial long-term returns. Why Netflix Stock Could Double From This Dip
Neutral Sentiment: A proposal that Netflix could initiate a dividend in 2027 is speculative rather than a company announcement. A dividend could appeal to shareholders, but it would also signal that management sees fewer high-return reinvestment opportunities. Prediction: Netflix Will Begin Paying a Dividend in 2027
Negative Sentiment: Netflix lowered its 2026 advertising-revenue outlook to roughly $2.7 billion and reported softer engagement. Because advertising growth depends on viewing hours, stalled audience activity raises concerns about the pace of monetization. Netflix Needs You to Watch, Not Just Pay
Negative Sentiment: The company is reportedly cutting 2% to 3% of its London workforce and recently announced approximately 1,000 global job eliminations. The restructuring may reduce costs, but it also highlights pressure to improve efficiency and concerns about growth. Netflix cuts UK staff and parts with production head
Negative Sentiment: Commentary has identified Netflix’s U.S. audience engagement and broader streaming-market complexity as key problems, suggesting that strong margins alone may not offset slower viewing growth and tougher competition. Netflix’s U.S. Audience Engagement Problem Is Hurting the Stock

Insiders Place Their Bets

In other news, CEO Gregory Peters sold 27,312 shares of the firm’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total value of $2,008,524.48. Following the sale, the chief executive officer owned 120,931 shares in the company, valued at approximately $8,893,265.74. This trade represents a 18.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Bradford Smith sold 17,980 shares of the firm’s stock in a transaction on Monday, October 26th. The stock was sold at an average price of $64.03, for a total transaction of $1,151,259.40. Following the completion of the sale, the director owned 79,690 shares in the company, valued at approximately $5,102,550.70. The trade was a 18.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 58,140 shares of company stock valued at $4,132,972 over the last ninety days. 1.24% of the stock is owned by insiders.

Netflix Profile

(Free Report)

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming services. Its platform offers a broad selection of television series, films, documentaries, stand-up specials and other programming, including content produced by Netflix and licensed from third-party studios and creators.