Netflix, Inc. $NFLX Stake Raised by IFP Advisors Inc

IFP Advisors Inc boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 951.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 59,344 shares of the Internet television network’s stock after purchasing an additional 53,702 shares during the quarter. IFP Advisors Inc’s holdings in Netflix were worth $5,564,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Midwest Professional Planners LTD. raised its holdings in Netflix by 971.8% during the 4th quarter. Midwest Professional Planners LTD. now owns 3,655 shares of the Internet television network’s stock worth $343,000 after buying an additional 3,314 shares during the period. Quantum Private Wealth LLC raised its holdings in Netflix by 893.8% during the 4th quarter. Quantum Private Wealth LLC now owns 80,370 shares of the Internet television network’s stock worth $7,535,000 after buying an additional 72,283 shares during the period. Brown Wealth Management LLC raised its holdings in Netflix by 736.6% during the 4th quarter. Brown Wealth Management LLC now owns 2,719 shares of the Internet television network’s stock worth $255,000 after buying an additional 2,394 shares during the period. Poehling Capital Management INC. raised its holdings in Netflix by 900.0% during the 4th quarter. Poehling Capital Management INC. now owns 19,790 shares of the Internet television network’s stock worth $1,856,000 after buying an additional 17,811 shares during the period. Finally, Providence Wealth Advisors LLC raised its holdings in Netflix by 972.2% during the 4th quarter. Providence Wealth Advisors LLC now owns 13,595 shares of the Internet television network’s stock worth $1,245,000 after buying an additional 12,327 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their price objective on Netflix from $98.00 to $100.00 and gave the stock a “hold” rating in a report on Tuesday, April 14th. Argus cut their price objective on Netflix from $141.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Royal Bank Of Canada reaffirmed a “hold” rating on shares of Netflix in a research note on Wednesday, January 21st. Evercore assumed coverage on Netflix in a research note on Friday, February 27th. They set an “outperform” rating and a $115.00 target price on the stock. Finally, Susquehanna raised Netflix to a “positive” rating and set a $112.00 target price on the stock in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have given a Hold rating to the company. According to data from MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.82.

View Our Latest Analysis on NFLX

Netflix Trading Down 1.4%

Shares of NASDAQ NFLX opened at $88.09 on Thursday. The stock has a market cap of $370.93 billion, a price-to-earnings ratio of 28.45, a PEG ratio of 1.14 and a beta of 1.55. The business has a 50 day simple moving average of $94.16 and a 200 day simple moving average of $94.34. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. 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:NFLXGet Free Report) last announced its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating the consensus estimate of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Key Netflix News

Here are the key news stories impacting Netflix this week:

Insider Activity

In other Netflix news, Director Reed Hastings sold 407,550 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was 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 owned 3,940 shares of the company’s stock, valued at $366,932.20. This represents a 99.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total value of $2,402,636.64. Following the sale, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at $25,054,207.88. The trade was a 8.75% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 1,422,769 shares of company stock valued at $135,144,073. Insiders own 1.24% of the company’s stock.

Netflix Profile

(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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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