Mirae Asset Securities (Usa) 13F: New $10M Stake in NFLX

Mirae Asset Securities built a fresh position in Netflix, Inc. (NasdaqGS: NFLX) during the period, picking up 150,314 shares worth about $10.46 million. The investment was revealed in the firm's Form 13F filing submitted to the Securities and Exchange Commission on October 15, 2026. Because 13F reports look backward at the prior quarter, this filing reflects portfolio choices made earlier and might not represent the fund's current holdings today.

What Changed in Mirae Asset Securities's Netflix Position

The newly established stake gives Mirae Asset Securities a notable footprint in the entertainment giant. The firm started from zero shares previously and purchased all 150,314 shares reported in the filing, valuing the total holding at $10,458,848.00.

Other Institutional Activity in Netflix

Other major institutional investors adjusted their holdings during the period. BlackRock, Inc. grew its holdings by 2,527,574 shares, ending with 348,770,600 shares worth about $24,598,789,992.00, a 0.7% increase. Vanguard Capital Management LLC added 631,110 shares, growing its stake by 0.2% to 275,026,936 shares valued at $19,397,649,460.00. State Street Corporation lifted its holdings by 8,479,513 shares, a 4.9% increase that left it with 180,129,582 shares worth $12,704,539,198.00. FMR, LLC cut its position significantly, selling 68,725,894 shares for a 33.6% decrease, leaving it with 135,937,268 shares worth $9,587,655,346.00. Invesco Ltd. grew its holdings by 3,957,011 shares, or 3.0%, ending with 135,419,167 shares valued at $9,551,113,683.00.

Netflix, Inc. Stock Down 0.3%

Netflix shares recently traded around $70.34 as of October 16, 2026. The stock is currently trading 6.4% below its 50-day moving average of $75.16 and 15.2% below its 200-day moving average of $83.00. The shares sit 43.7% below their 52-week high of $124.86 and 8.1% above their 52-week low of $65.08. The company carries a trailing price-to-earnings ratio of 22.83.

Recent Earnings

Netflix reported trailing twelve-month revenue of $48,370,765,824.00 alongside trailing earnings per share of $3.18. The company posted a net profit margin of 28.2% and a return on equity of 49.5%, with year-over-year revenue growing by 13.4%. The company's next earnings report is scheduled for October 20, 2026.

Insider Buying and Selling at Netflix, Inc.

Company insiders trimmed their holdings ahead of the filing. Chief Executive Officer Gregory K. Peters sold 27,312 shares on August 6, 2026, at an average price of $73.54 for a total value of $2,008,606.00. Chief Financial Officer Spencer Adam Neumann sold 9,248 shares on August 10, 2026, at an average price of $75.79 worth $700,907.00. Director Richard N. Barton sold 720 shares on September 8, 2026, at $77.60 for a total of $55,872.00, and later sold additional shares on September 10, 2026, valued at $109,102.00.

Analysts Set New Price Targets

Analyst firms updated their outlooks on the stock ahead of the filing. On October 1, 2026, Guggenheim maintained its Buy rating while raising its price target to $80.00 from $75.00. TD Cowen reiterated a Buy rating with a $100.00 price target on October 5, 2026. Barclays maintained an Equal-Weight rating on October 7, 2026, while lowering its target to $70.00 from $80.00. Morgan Stanley maintained an Overweight rating on October 8, 2026, reducing its target to $80.00 from $83.00. Keybanc maintained an Overweight rating on October 13, 2026, trimming its target to $85.00 from $92.00. Overall, the stock carries a consensus buy rating and an average price target of $91.95 across 45 analyst opinions.

About Netflix

Headquartered in Los Gatos, California, Netflix provides entertainment services worldwide. The company offers television series, documentaries, feature films, games, and live programming across various genres and languages. Members can stream content through internet-connected devices, including TVs, digital video players, set-top boxes, and mobile devices.

Bottom Line

Institutional filings like Mirae Asset Securities's new position offer a window into past fund strategies. Investors will watch for upcoming earnings results on October 20, 2026, to gauge how the business performs against current analyst expectations. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.