Bell & Brown Wealth Advisors LLC lifted its holdings in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 1,237.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,915 shares of the Internet television network’s stock after acquiring an additional 16,576 shares during the period. Bell & Brown Wealth Advisors LLC’s holdings in Netflix were worth $1,680,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in NFLX. Imprint Wealth LLC bought a new position in shares of Netflix during the 3rd quarter valued at approximately $25,000. First Financial Corp IN lifted its position in Netflix by 900.0% in the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after buying an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. lifted its position 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 last quarter. Turning Point Benefit Group Inc. boosted its stake in Netflix by 13,400.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after buying an additional 268 shares during the period. Finally, MB Levis & Associates LLC boosted its stake in Netflix by 177.8% during the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after buying an additional 192 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.
Netflix Trading Down 0.2%
NASDAQ NFLX opened at $92.12 on Thursday. The stock has a market cap of $387.90 billion, a PE ratio of 29.75, a PEG ratio of 1.19 and a beta of 1.67. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The company’s 50-day moving average price is $94.48 and its 200-day moving average price is $96.96. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43.
Insider Activity
In other Netflix news, insider Cletus R. Willems sold 3,136 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total transaction of $259,253.12. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider David A. Hyman sold 5,727 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $81.06, for a total value of $464,230.62. Following the completion of the sale, the insider owned 316,100 shares of the company’s stock, valued at $25,623,066. This represents a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,382,013 shares of company stock valued at $127,482,296. Insiders own 1.37% of the company’s stock.
More Netflix News
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Quarterly beat and durable growth — Netflix reported Q1 revenue up ~16% year‑over‑year (14% FX‑neutral) with an EPS beat; growth was driven by membership additions, price increases and higher ad revenue, which supports the bull case. Article Title
- Positive Sentiment: Big capital return / buy thesis — Commentary argues Netflix is much cheaper than in recent years and highlights a large capital‑return / buyback story (~$25B cited by commentators) as a catalyst that could support the stock over time. Article Title
- Positive Sentiment: Analyst upside and long‑term endorsements — Piper Sandler reiterated Overweight and lifted its PT to $115; several bullish analyst/columnist pieces rate NFLX as a buy for long‑term investors and note billionaire interest in the fundamentals. Article Title
- Neutral Sentiment: Audience dynamics by market — Netflix is seeing strong subscriber engagement in markets like Australia but viewing is skewed toward non‑local content; this is a product/strategy datapoint rather than an immediate earnings swing. Article Title
- Negative Sentiment: Near‑term margin concerns and cautious notes — Bernstein trimmed its price target to $110 (while keeping Outperform), citing near‑term margin pressure; other pieces urge caution despite solid top‑line growth, pointing to margin, competition and valuation timing risks. Article Title
- Negative Sentiment: Investor disappointment in places — Some commentary notes that despite healthy earnings, investors expected even stronger forward signals; that tempered reactions and supports the view that near‑term execution and margins will drive next moves. Article Title
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on NFLX. Daiwa Securities Group increased their target price on shares of Netflix from $97.00 to $102.00 and gave the company an “outperform” rating in a research note on Thursday, April 23rd. Erste Group Bank cut shares of Netflix from a “buy” rating to a “hold” rating in a research note on Monday. Oppenheimer set a $120.00 price target on shares of Netflix and gave the company an “outperform” rating in a report on Friday, April 17th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Netflix in a research report on Wednesday, April 22nd. Finally, The Goldman Sachs Group raised shares of Netflix from a “neutral” rating to a “buy” rating in a research note on Monday, April 13th. Two equities 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, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $114.82.
Get Our Latest Stock Analysis on NFLX
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.
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