Netflix, Inc. $NFLX Position Lifted by TD Waterhouse Canada Inc.

18 Oct 2026, 05:13 by Renee Jackson · The Cerbat Gem

TD Waterhouse Canada Inc. raised its stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 7.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 594,153 shares of the Internet television network’s stock after purchasing an additional 41,472 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Netflix were worth $40,336,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Merkkuri Wealth Advisors LLC acquired a new position in Netflix during the first quarter worth $31,000. Bayban grew its holdings in shares of Netflix by 400.0% in the 1st quarter. Bayban now owns 350 shares of the Internet television network’s stock worth $34,000 after purchasing an additional 280 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Netflix during the 2nd quarter worth about $26,000. Bank of New Hampshire increased its position in shares of Netflix by 900.0% during the 4th quarter. Bank of New Hampshire now owns 380 shares of the Internet television network’s stock worth $36,000 after purchasing an additional 342 shares in the last quarter. Finally, Compound Global Advisors LLC acquired a new stake in shares of Netflix during the 2nd quarter worth about $29,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Netflix

In related news, CEO Gregory Peters sold 27,312 shares of the business’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 directly owned 120,931 shares of the company’s stock, valued at approximately $8,893,265.74. The trade was a 18.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Theodore Sarandos sold 105,850 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $73.03, for a total value of $7,730,225.50. Following the transaction, the chief executive officer directly owned 206,266 shares of the company’s stock, valued at $15,063,605.98. This represents a 33.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders have sold 179,045 shares of company stock valued at $13,132,194. 1.24% of the stock is currently owned by insiders.

Key Netflix News

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Jefferies upgraded Netflix (NFLX) to “strong buy,” citing potential support from pricing increases and advertising growth. Wedbush also maintained an “outperform” rating, although it lowered its price target to $90 from $105. Netflix stock gets bullish analyst call
Positive Sentiment: Options activity is signaling expectations for a substantial post-earnings move, while sentiment remains bullish in some derivatives markets. Technical analysts also see a possible double-bottom pattern, with a break above $83.60 potentially opening a path toward $102.12. Barchart Netflix earnings outlook
Neutral Sentiment: Netflix is replacing Chief Content Officer Bela Bajaria with former Disney and Fox executive Peter Rice. His experience across scripted programming, live sports, unscripted content and theatrical distribution could help Netflix develop new hits, but the abrupt change before earnings highlights pressure to improve engagement. Netflix appoints Peter Rice
Negative Sentiment: Netflix announced plans to eliminate about 1,000 jobs, or 6% of its workforce, one day before the content-chief transition. Although the cuts may improve efficiency, investors viewed them as evidence of a sharper growth reset and concerns about the company’s content strategy. Netflix shares under pressure after content chief departure
Negative Sentiment: Pre-earnings concerns include slowing viewership, rising churn, declining engagement and intensifying competition. Analysts also warn that Netflix’s premium valuation leaves little room for disappointing guidance, while options traders anticipate a move that could take the stock toward a two-year low. Netflix Q3 earnings outlook

Netflix Stock Performance

Shares of NFLX stock opened at $70.53 on Friday. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market cap of $293.68 billion, a PE ratio of 22.20, a price-to-earnings-growth ratio of 1.00 and a beta of 1.62. The stock has a 50-day moving average of $75.17 and a 200-day moving average of $80.66. Netflix, Inc. has a one year low of $65.08 and a one year high of $124.86.

Netflix (NASDAQ:NFLX – Get Free Report) last released its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $12.56 billion during 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 quarterly revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.72 EPS. As a group, sell-side analysts expect that Netflix, Inc. will post 3.59 earnings per share for the current year.

Analyst Ratings Changes

NFLX has been the subject of a number of recent analyst reports. Loop Capital dropped their price target on Netflix from $115.00 to $95.00 and set a “buy” rating for the company in a report on Friday, July 24th. DZ Bank reissued a “buy” rating on shares of Netflix in a research note on Monday, July 20th. Seaport Research Partners lowered Netflix from a “buy” rating to a “neutral” rating in a research note on Monday, July 20th. Jefferies Financial Group set a $85.00 target price on Netflix and gave the stock a “buy” rating in a report on Thursday. Finally, Morgan Stanley lowered their target price on Netflix from $83.00 to $80.00 and set an “overweight” rating for the company in a research note on Thursday, October 8th. Three analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, fifteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $93.82.

Read Our Latest Report on NFLX

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.

The company also develops and distributes original productions under the Netflix brand and has expanded into additional entertainment offerings, including mobile and cloud-based games in select markets and live programming.