Procyon Advisors LLC Acquires 71,486 Shares of Netflix, Inc. $NFLX

Procyon Advisors LLC grew its holdings in Netflix, Inc. (NASDAQ:NFLX) by 1,063.8% during the 4th quarter, Holdings Channel reports. The fund owned 78,206 shares of the Internet television network’s stock after buying an additional 71,486 shares during the period. Procyon Advisors LLC’s holdings in Netflix were worth $7,333,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of NFLX. Parisi Gray Wealth Management grew its position in shares of Netflix by 900.4% during the 4th quarter. Parisi Gray Wealth Management now owns 2,401 shares of the Internet television network’s stock valued at $225,000 after acquiring an additional 2,161 shares during the period. Cyndeo Wealth Partners LLC raised its holdings in Netflix by 1,568.9% in the 4th quarter. Cyndeo Wealth Partners LLC now owns 29,940 shares of the Internet television network’s stock worth $2,807,000 after purchasing an additional 28,146 shares during the period. Panoramic Capital Partners LLC lifted its position in Netflix by 912.4% during the fourth quarter. Panoramic Capital Partners LLC now owns 2,531 shares of the Internet television network’s stock valued at $237,000 after purchasing an additional 2,281 shares in the last quarter. New England Research & Management Inc. lifted its position in Netflix by 1,580.0% during the fourth quarter. New England Research & Management Inc. now owns 27,905 shares of the Internet television network’s stock valued at $2,616,000 after purchasing an additional 26,244 shares in the last quarter. Finally, Magnus Financial Group LLC grew its holdings in Netflix by 820.2% during the fourth quarter. Magnus Financial Group LLC now owns 22,305 shares of the Internet television network’s stock valued at $2,091,000 after purchasing an additional 19,881 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insider Activity at Netflix

In other news, insider David A. Hyman sold 23,439 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $88.11, for a total transaction of $2,065,210.29. Following the sale, the insider directly owned 316,100 shares of the company’s stock, valued at $27,851,571. This represents a 6.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Spencer Adam Neumann sold 57,260 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $95.50, for a total value of $5,468,330.00. Following the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at $7,046,658.50. This represents a 43.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,520,133 shares of company stock valued at $137,259,786 in the last 90 days. 1.37% of the stock is currently owned by insiders.

Netflix Stock Up 0.1%

Shares of NFLX stock opened at $91.82 on Friday. The stock has a market cap of $387.68 billion, a P/E ratio of 36.34, a PEG ratio of 1.41 and a beta of 1.68. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. The company’s fifty day simple moving average is $86.87 and its two-hundred day simple moving average is $101.82.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, beating the consensus estimate of $0.55 by $0.01. The business had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The business’s revenue was up 17.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Analysts predict that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: TV personality/market commentator Jim Cramer reiterated a buy-tilting stance — advising investors to “buy some here, buy some a little bit lower,” which can support retail momentum and short-term investor confidence. Jim Cramer on Netflix
• Positive Sentiment: Market response to Netflix walking away from its bid for Warner Bros. assets has been upbeat — reports note a strong near-term rally and at least one bank (Citi) turning bullish, arguing the move preserves capital and simplifies execution risk. That narrative supports multiple analysts raising targets and buyer interest. Netflix Stock Surges After Walking Away From Warner Deal
• Positive Sentiment: Content partnerships: Netflix signed an exclusive multi‑year documentary deal with Warner Music Group to mine WMG’s artist catalog for films/series — a steady stream of premium, exclusive music-related content could lift engagement and differentiate the service. Netflix, Warner Music deal
• Positive Sentiment: Live events strategy: Netflix is pushing into live K‑pop events (notably the BTS comeback livestream) and sees more opportunity in Korea — if monetized successfully these events can add new revenue streams and global engagement spikes. Netflix sees more prospects for live events
• Neutral Sentiment: New programming: Netflix and Higher Ground/Obamas are producing an eight-episode series about the FTX collapse — high-profile nonfiction can draw viewers but may also court controversy; content upside is balanced by reputational risk. Netflix FTX series
• Negative Sentiment: Operational worries: several outlets flagged slowing paid-subscriber growth (markedly weaker YoY) and a planned increase in 2026 content spending — the combination raises concerns about near-term margin pressure and execution on content ROI. Subscriber growth stalls
• Negative Sentiment: Volatility & valuation questions: commentary and headlines show recent big swings (both rallies and pullbacks), with some analysts highlighting mixed signals on valuation and the stock falling more steeply than the market on certain days — this keeps risk premia elevated. Netflix falls more steeply than market

Analyst Ratings Changes

NFLX has been the subject of a number of analyst reports. JPMorgan Chase & Co. began coverage on Netflix in a research report on Monday, March 2nd. They issued an “overweight” rating and a $120.00 price target for the company. DZ Bank reiterated a “buy” rating on shares of Netflix in a research report on Friday, February 27th. Wells Fargo & Company started coverage on shares of Netflix in a research report on Monday, March 9th. They set an “equal weight” rating and a $105.00 price objective on the stock. Morgan Stanley set a $110.00 target price on shares of Netflix and gave the company an “overweight” rating in a research note on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $98.00 target price (up from $95.00) on shares of Netflix in a report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $114.35.

Netflix Company 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.