Netflix, Inc. $NFLX Shares Purchased by Motley Fool Wealth Management LLC

Motley Fool Wealth Management LLC boosted its position in Netflix, Inc. (NASDAQ:NFLXFree Report) by 746.1% in the 4th quarter, Holdings Channel reports. The firm owned 316,864 shares of the Internet television network’s stock after acquiring an additional 279,412 shares during the quarter. Netflix accounts for about 2.3% of Motley Fool Wealth Management LLC’s portfolio, making the stock its 8th largest position. Motley Fool Wealth Management LLC’s holdings in Netflix were worth $29,709,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Motley Fool Asset Management LLC raised its stake in Netflix by 1,321.5% in the 4th quarter. Motley Fool Asset Management LLC now owns 474,104 shares of the Internet television network’s stock valued at $44,452,000 after purchasing an additional 440,752 shares during the last quarter. Cedar Mountain Advisors LLC raised its stake in Netflix by 712.5% in 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 during the last quarter. Axiom Investors LLC DE raised its stake in Netflix by 2.5% in the 4th quarter. Axiom Investors LLC DE now owns 676,566 shares of the Internet television network’s stock valued at $63,435,000 after purchasing an additional 16,732 shares during the last quarter. Outlook Wealth Advisors LLC raised its stake in Netflix by 880.7% in the 4th quarter. Outlook Wealth Advisors LLC now owns 7,473 shares of the Internet television network’s stock valued at $701,000 after purchasing an additional 6,711 shares during the last quarter. Finally, Cooper Haims Advisors LLC raised its stake in Netflix by 785.1% in the 4th quarter. Cooper Haims Advisors LLC now owns 2,195 shares of the Internet television network’s stock valued at $206,000 after purchasing an additional 1,947 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

Netflix Stock Down 1.5%

Shares of NFLX opened at $81.41 on Wednesday. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a market capitalization of $342.80 billion, a PE ratio of 26.30, a price-to-earnings-growth ratio of 1.05 and a beta of 1.50. The stock has a fifty day simple moving average of $91.75 and a two-hundred day simple moving average of $91.52. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLXGet Free Report) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. During the same period last year, the company earned $6.61 EPS. The company’s revenue for the quarter was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, equities analysts forecast that Netflix, Inc. will post 3.6 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on NFLX shares. Guggenheim reissued a “buy” rating and issued a $120.00 price objective on shares of Netflix in a research note on Friday, May 15th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Netflix in a research note on Wednesday, April 22nd. Bank of America reissued a “buy” rating and issued a $125.00 price objective on shares of Netflix in a research note on Monday, May 18th. Moffett Nathanson increased their price objective on Netflix from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Finally, Rosenblatt Securities cut their target price on Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $114.82.

Read Our Latest Research Report on NFLX

Insider Activity

In related news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the completion of the sale, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Theodore A. Sarandos sold 27,312 shares of the firm’s stock in a transaction dated 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 1,313,029 shares of company stock worth $120,315,776. 1.24% of the stock is currently owned by corporate insiders.

About Netflix

(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.

Featured Stories

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLXFree Report).

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.