--- title: "Trillium Asset Management LLC Invests $27.53 Million in Netflix, Inc. $NFLX" type: "News" locale: "en" url: "https://longbridge.com/en/news/296599563.md" description: "Trillium Asset Management LLC invested $27.53 million in Netflix during Q2, buying 385,626 shares per SEC Form 13F filings. Other institutions like Imprint Wealth and Beaird Harris also adjusted positions. Analysts hold a 'Moderate Buy' consensus with an average price target of $103.48. Meanwhile, insiders including CEO Theodore Sarandos sold significant shares under Rule 10b5-1 plans to cover tax obligations." datetime: "2026-08-21T09:52:53.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296599563.md) - [en](https://longbridge.com/en/news/296599563.md) - [zh-HK](https://longbridge.com/zh-HK/news/296599563.md) generator: "portal-rs" --- # Trillium Asset Management LLC Invests $27.53 Million in Netflix, Inc. $NFLX Trillium Asset Management LLC bought a new stake in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 385,626 shares of the Internet television network's stock, valued at approximately $27,534,000. - Netflix's Big Sell-Off May Be Sending the Wrong Signal A number of other large investors also recently bought and sold shares of the business. Imprint Wealth LLC purchased a new position in shares of Netflix in the 3rd quarter valued at $25,000. Wealth Watch Advisors INC purchased a new stake in shares of Netflix during the 3rd quarter worth $103,000. Strategic Wealth Investment Group LLC purchased a new stake in shares of Netflix during the 2nd quarter worth $121,000. Wiser Advisor Group LLC bought a new stake in Netflix during the third quarter valued at about $114,000. Finally, Beaird Harris Wealth Management LLC boosted its position in Netflix by 9.6% during the third quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network's stock valued at $137,000 after purchasing an additional 10 shares in the last quarter. Institutional investors own 80.93% of the company's stock. ## Wall Street Analysts Forecast Growth A number of brokerages have recently issued reports on NFLX. Bank of America reaffirmed a "buy" rating and set a $125.00 price target on shares of Netflix in a research report on Monday, May 18th. China Intl Cap upgraded shares of Netflix to a "strong-buy" rating in a research note on Tuesday, July 21st. The Goldman Sachs Group downgraded shares of Netflix from an "underweight" rating to a "sell" rating in a report on Monday, July 20th. Wedbush cut their price objective on shares of Netflix from $118.00 to $105.00 and set an "outperform" rating on the stock in a research note on Friday, July 17th. Finally, Wells Fargo & Company set a $80.00 target price on shares of Netflix and gave the stock an "equal weight" rating in a report on Friday, July 17th. Four analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seventeen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $103.48. - 3 Stocks Standing Out and 2 Losing Momentum as the Tech Rally Cracks **Get Our Latest Analysis on NFLX** ## Insider Buying and Selling at Netflix In related news, Director Richard N. Barton sold 2,160 shares of the company's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $75.10, for a total transaction of $162,216.00. Following the completion of the transaction, the director owned 246 shares in the company, valued at $18,474.60. This represents a 89.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Theodore A. Sarandos sold 27,312 shares of the firm's stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $73.35, for a total transaction of $2,003,335.20. Following the completion of the transaction, the chief executive officer directly owned 178,954 shares in the company, valued at $13,126,275.90. This represents a 13.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 600,295 shares of company stock valued at $49,056,671. Corporate insiders own 1.24% of the company's stock. ## Key Netflix News - MarketBeat Week in Review – 07/20- 07/24 Here are the key news stories impacting Netflix this week: - Positive Sentiment: **Bill Ackman’s Pershing Square rebuilt a major position.** The investment firm’s purchase, despite previously taking a reported $400 million loss on Netflix, signals confidence in the company’s long-term growth, competitive position and leadership. The disclosure helped support a recent increase in **NFLX** shares. Netflix Moved, What Is Drawing Attention Now? - Positive Sentiment: **Analysts see advertising as a significant growth opportunity.** Netflix is expanding its ad-supported business through live programming, new ad technology and additional tools for marketers. The company is targeting substantial future advertising revenue, which could diversify its sales base and support continued revenue expansion. NFLX's Ad Business Focus - Positive Sentiment: **Valuation has become more attractive after the selloff.** Netflix trades at roughly 21 times forward earnings in the cited analysis, a level viewed as more reasonable than during prior periods of comparable declines. A CNBC contributor also recommended Netflix, reinforcing the bullish case among some investors. Netflix Trades at 21 Times Forward Earnings - Neutral Sentiment: **Co-founder Reed Hastings discussed Netflix’s performance-focused culture.** Hastings said companies should operate as teams rather than families, making workforce reductions easier when employees do not meet expectations. The comments revisit Netflix’s 2001 layoffs but do not represent a new operating announcement. Reed Hastings Says Companies Aren’t Families - Negative Sentiment: **YouTube is reportedly trying to prevent creators from signing with Netflix.** YouTube is offering creators millions of dollars and warning that simultaneous Netflix deals could jeopardize marketing support and brand-campaign revenue. This could raise Netflix’s content-acquisition costs and make it harder to secure popular creator-led programming. YouTube Offers Creators Millions to Avoid Netflix Deals - Negative Sentiment: **Netflix faces a lawsuit from the band Demon Hunter.** The group alleges that Netflix’s *KPop Demon Hunters* infringes its rights. The case creates legal and reputational risk, although the financial impact is currently unclear. Netflix Sued by Band Demon Hunter ## Netflix Trading Down 0.1% Shares of Netflix stock opened at $80.14 on Friday. The firm has a 50-day simple moving average of $74.40 and a two-hundred day simple moving average of $84.37. The company has a market cap of $333.70 billion, a P/E ratio of 25.23, a price-to-earnings-growth ratio of 1.01 and a beta of 1.52. Netflix, Inc. has a fifty-two week low of $65.08 and a fifty-two week high of $126.71. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.14 and a current ratio of 1.14. Netflix (NASDAQ:NFLX - Get Free Report) last released its quarterly earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.01. The firm had revenue of $12.56 billion for the quarter, compared to analysts' expectations of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The firm's revenue for the quarter was up 13.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.72 EPS. As a group, equities analysts predict that Netflix, Inc. will post 3.59 earnings per share for the current fiscal year. ## About Netflix (Free Report) 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. ## Read More - Five stocks we like better than Netflix - 3 Energy Stocks Raising Dividends as the Sector Surges - 5 Reasons the S&P 500 Could Keep Rallying Through Year-End - Walmart's Post-Earnings Drop Could Be a Buying Opportunity - The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Netflix Right Now? Before you consider Netflix, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Netflix wasn't on the list. While Netflix currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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