Envestnet Portfolio Solutions Inc. Has $24.31 Million Holdings in Netflix, Inc. $NFLX

23 Sep 2026, 23:07 by Sarita Garza · The Markets Daily

Envestnet Portfolio Solutions Inc. raised its position in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 7.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 340,601 shares of the Internet television network’s stock after purchasing an additional 24,446 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in Netflix were worth $24,312,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Cornerstone Financial Management LLC bought a new position in Netflix during the fourth quarter valued at approximately $26,000. Core Wealth Advisors LLC bought a new stake in Netflix in the fourth quarter worth approximately $28,000. Evolution Wealth Management Inc. increased its stake in shares of Netflix by 2,284.6% during the 4th quarter. Evolution Wealth Management Inc. now owns 310 shares of the Internet television network’s stock worth $29,000 after purchasing an additional 297 shares during the last quarter. Merkkuri Wealth Advisors LLC acquired a new position in shares of Netflix during the 1st quarter worth $31,000. Finally, Cedar Mountain Advisors LLC raised its holdings in shares of Netflix by 712.5% during the 4th quarter. Cedar Mountain Advisors LLC now owns 325 shares of the Internet television network’s stock valued at $30,000 after purchasing an additional 285 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Some analysts believe substantial negative sentiment is already reflected in Netflix’s valuation. Supporters point to the company’s strong profitability, continued earnings growth potential and a price-to-earnings ratio near 22, arguing that the pullback could create a longer-term buying opportunity. Netflix Stock Valuations Seem Attractive Amidst Growth Deceleration Concerns
Positive Sentiment: Netflix’s efforts to expand into live sports, advertising, video podcasts and short-form content could provide new engagement and monetization opportunities. Disney’s higher Disney+ and Hulu prices may also reduce the pricing gap with Netflix’s premium plans, potentially supporting Netflix’s perceived value. Disney Raises Disney+ and Hulu Streaming Prices
Neutral Sentiment: Wall Street’s outlook is divided. While some investors continue to view Netflix as a high-quality growth company with meaningful earnings potential through 2030, other analysts have sharply reduced their targets, creating unusually wide differences in expectations for the stock.
Negative Sentiment: HSBC downgraded Netflix to Hold from Buy and cut its price target to $76 from $96, citing a widening viewing-time gap with Alphabet’s YouTube and weaker near-term engagement. The concern is that YouTube is capturing more viewer hours, potentially limiting Netflix’s pricing power, advertising growth and ability to sustain subscriber momentum. This Analyst Just Downgraded Netflix Stock, And YouTube May Be to Blame
Negative Sentiment: Recent Wells Fargo and Zacks commentary adds to the pressure: Wells Fargo previously cut Netflix to Underweight with a $57 target, while Zacks rates the shares a No. 4, or Sell. Together, the calls have intensified concerns that Netflix’s engagement initiatives may take time to offset rising competition.

Analysts Set New Price Targets

Several research firms recently issued reports on NFLX. Guggenheim set a $75.00 price objective on shares of Netflix and gave the company a “buy” rating in a research note on Friday, July 17th. The Goldman Sachs Group lowered Netflix from an “underweight” rating to a “sell” rating in a report on Monday, July 20th. Wells Fargo & Company cut Netflix from a “neutral” rating to an “underweight” rating and reduced their price target for the stock from $80.00 to $57.00 in a research report on Friday, September 18th. Robert W. Baird set a $90.00 price target on Netflix and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Finally, Bank of America decreased their price target on Netflix from $125.00 to $105.00 and set a “buy” rating for the company in a research note on Friday, July 17th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $95.51.

Get Our Latest Research Report on Netflix

Netflix Stock Performance

NASDAQ:NFLX traded down $0.80 during midday trading on Wednesday, reaching $71.36. The stock had a trading volume of 32,742,656 shares, compared to its average volume of 42,920,652. Netflix, Inc. has a 1-year low of $65.08 and a 1-year high of $124.86. The firm’s fifty day simple moving average is $75.78 and its 200-day simple moving average is $83.68. 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 capitalization of $297.14 billion, a P/E ratio of 22.46, a PEG ratio of 1.03 and a beta of 1.53.

Netflix (NASDAQ:NFLX – Get Free Report) last announced its earnings results on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping the consensus estimate of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The firm had revenue of $12.56 billion for the quarter, compared to the consensus estimate of $12.58 billion. During the same quarter last year, the firm posted $0.72 EPS. The business’s quarterly revenue was up 13.4% on a year-over-year basis. On average, equities research analysts forecast that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Insiders Place Their Bets

In other Netflix news, CFO Spencer Neumann sold 9,248 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $75.79, for a total value of $700,905.92. Following the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at $5,592,316.73. This trade represents a 11.14% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer directly owned 120,931 shares in the company, valued at $8,893,265.74. This trade represents a 18.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 179,045 shares of company stock valued at $13,132,194 in the last ninety days. Company insiders own 1.24% of the company’s stock.

Netflix Company Profile

(Free Report)

Netflix, Inc (NASDAQ:NFLX) is a global entertainment company that provides subscription-based streaming access to television series, films, documentaries and other video content. Its service includes Netflix-produced and licensed programming, with offerings that may vary by market. The company also provides an advertising-supported plan in selected countries and has expanded into mobile games and other interactive entertainment.