Western Financial Corp CA Increases Stock Holdings in Netflix, Inc. $NFLX

Western Financial Corp CA raised its stake in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 333.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,017 shares of the Internet television network’s stock after purchasing an additional 19,252 shares during the quarter. Netflix makes up about 0.9% of Western Financial Corp CA’s holdings, making the stock its 21st biggest holding. Western Financial Corp CA’s holdings in Netflix were worth $2,346,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. First Financial Corp IN increased its position in shares of Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after buying an additional 243 shares during the period. DiNuzzo Private Wealth Inc. lifted its holdings in Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after buying an additional 239 shares during the period. Imprint Wealth LLC bought a new stake in Netflix during the 3rd quarter valued at approximately $25,000. Retirement Wealth Solutions LLC purchased a new position in shares of Netflix during the 3rd quarter worth approximately $28,000. Finally, MB Levis & Associates LLC grew its holdings in shares of Netflix by 177.8% during the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after acquiring an additional 192 shares during the period. 80.93% of the stock is currently owned by institutional investors.

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Netflix Stock Performance

Netflix stock opened at $98.93 on Tuesday. Netflix, Inc. has a twelve month low of $75.01 and a twelve month 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 has a market capitalization of $417.70 billion, a P/E ratio of 39.15, a PEG ratio of 1.50 and a beta of 1.67. The stock’s 50 day moving average is $88.55 and its 200 day moving average is $99.57.

Netflix (NASDAQ:NFLXGet Free Report) last announced its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. The business had revenue of $12.05 billion during the quarter, compared to analysts’ expectations of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, equities research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

NFLX has been the subject of a number of research analyst reports. Sanford C. Bernstein restated a “buy” rating on shares of Netflix in a research note on Wednesday, February 18th. Cfra raised Netflix from a “hold” rating to a “buy” rating and set a $115.00 price target on the stock in a research note on Friday, March 6th. Rothschild & Co Redburn set a $120.00 price objective on Netflix in a report on Wednesday, January 21st. BMO Capital Markets lowered their price objective on Netflix from $143.00 to $135.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Finally, Citigroup initiated coverage on shares of Netflix in a report on Wednesday, March 18th. They set a “buy” rating and a $115.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, Netflix has an average rating of “Moderate Buy” and an average target price of $115.10.

Read Our Latest Research Report on NFLX

Insider Buying and Selling at Netflix

In other news, Director Reed Hastings sold 420,550 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the transaction, the director directly owned 3,940 shares of the company’s stock, valued at $376,230.60. This represents a 99.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Cletus R. Willems sold 3,136 shares of the stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total value of $259,253.12. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,543,023 shares of company stock worth $141,145,842. Insiders own 1.37% of the company’s stock.

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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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