Netflix, Inc. $NFLX Shares Acquired by Midwest Trust Co

Midwest Trust Co increased its position in Netflix, Inc. (NASDAQ:NFLX) by 914.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 236,835 shares of the Internet television network’s stock after acquiring an additional 213,479 shares during the period. Midwest Trust Co’s holdings in Netflix were worth $22,206,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Bensler LLC raised its position in shares of Netflix by 922.1% in the fourth quarter. Bensler LLC now owns 188,248 shares of the Internet television network’s stock valued at $17,650,000 after buying an additional 169,830 shares during the last quarter. Oxbow Advisors LLC raised its position in shares of Netflix by 421.3% in the fourth quarter. Oxbow Advisors LLC now owns 3,420 shares of the Internet television network’s stock valued at $321,000 after buying an additional 2,764 shares during the last quarter. Pandora Wealth Inc. raised its position in shares of Netflix by 900.0% in the fourth quarter. Pandora Wealth Inc. now owns 10,290 shares of the Internet television network’s stock valued at $965,000 after buying an additional 9,261 shares during the last quarter. JSF Financial LLC raised its position in shares of Netflix by 1,357.4% in the fourth quarter. JSF Financial LLC now owns 5,990 shares of the Internet television network’s stock valued at $562,000 after buying an additional 5,579 shares during the last quarter. Finally, LRI Investments LLC raised its position in shares of Netflix by 1,583.2% in the fourth quarter. LRI Investments LLC now owns 11,833 shares of the Internet television network’s stock valued at $1,109,000 after buying an additional 11,130 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Price Performance

Netflix stock opened at $87.45 on Friday. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The firm has a 50 day moving average price of $95.44 and a 200 day moving average price of $95.92. The company has a market cap of $368.22 billion, a price-to-earnings ratio of 28.25, a PEG ratio of 1.11 and a beta of 1.55. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41.

Netflix (NASDAQ:NFLX) last released its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. During the same period in the previous year, the firm earned $6.61 earnings per share. Netflix’s revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Sell-side analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current year.

Insider Activity at Netflix

In other Netflix news, Director Reed Hastings sold 407,550 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $93.13, for a total transaction of $37,955,131.50. Following the completion of the sale, the director directly owned 3,940 shares in the company, valued at $366,932.20. The trade was a 99.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Adam Neumann sold 9,253 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total transaction of $823,054.35. Following the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $6,563,353.65. This represents a 11.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,458,944 shares of company stock valued at $138,141,007 over the last quarter. Company insiders own 1.37% of the company’s stock.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Strong early reviews for Netflix’s new drama Remarkably Bright Creatures suggest a programming win that could help engagement and subscriber retention. Remarkably Bright Creatures Review
• Positive Sentiment: Recent analyst commentary remains constructive, with several firms maintaining or raising price targets and broader coverage still pointing to a “Moderate Buy” view. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Neutral Sentiment: Warner Bros. Discovery’s large quarterly loss included a $2.8 billion Netflix-related termination fee, but this is primarily an M&A accounting item for WBD rather than a direct operating signal for Netflix. WBD Logs $2.92B Loss
• Neutral Sentiment: Jim Cramer said Netflix is “not a buy, buy, buy,” reflecting caution around competition in streaming, but it was more of a valuation/positioning comment than a formal downgrade. Jim Cramer on Netflix
• Negative Sentiment: CEO Gregory K. Peters sold 27,312 shares and CFO Spencer Adam Neumann sold 9,253 shares on May 7, adding to recent insider selling and likely weighing on investor sentiment. Netflix Insider Selling
• Negative Sentiment: Technical and trading commentary points to continued weakness after the recent pullback, with the stock still below key moving averages and some investors questioning near-term upside. Is It Time To Reassess Netflix?

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on NFLX shares. Barclays set a $110.00 price objective on shares of Netflix and gave the company an “equal weight” rating in a research report on Friday, April 17th. Sanford C. Bernstein cut their price objective on shares of Netflix from $115.00 to $110.00 and set an “outperform” rating for the company in a research report on Friday, April 17th. Robert W. Baird cut their price objective on shares of Netflix from $150.00 to $120.00 and set an “outperform” rating for the company in a research report on Friday, January 23rd. Piper Sandler reissued an “overweight” rating and issued a $115.00 price objective (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. Finally, Benchmark restated a “hold” rating on shares of Netflix in a report on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat, Netflix has a consensus rating of “Moderate Buy” and a consensus price target of $114.82.

Netflix Profile

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.