Consulta Ltd Takes $70.32 Million Position in Netflix, Inc. $NFLX

Consulta Ltd acquired a new position in shares of Netflix, Inc. (NASDAQ:NFLX) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 750,000 shares of the Internet television network’s stock, valued at approximately $70,320,000. Netflix makes up about 3.5% of Consulta Ltd’s investment portfolio, making the stock its 12th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of NFLX. Core Wealth Partners LLC lifted its position in Netflix by 2,789.3% during the fourth quarter. Core Wealth Partners LLC now owns 15,862 shares of the Internet television network’s stock valued at $1,487,000 after purchasing an additional 15,313 shares during the last quarter. City National Bank of Florida MSD increased its holdings in shares of Netflix by 917.3% in the 4th quarter. City National Bank of Florida MSD now owns 9,430 shares of the Internet television network’s stock worth $884,000 after buying an additional 8,503 shares during the last quarter. Consultiva Wealth Management CORP. increased its holdings in shares of Netflix by 900.0% in the 4th quarter. Consultiva Wealth Management CORP. now owns 850 shares of the Internet television network’s stock worth $80,000 after buying an additional 765 shares during the last quarter. Archon Partners LLC raised its position in shares of Netflix by 900.0% during the 4th quarter. Archon Partners LLC now owns 210,500 shares of the Internet television network’s stock valued at $19,736,000 after buying an additional 189,450 shares in the last quarter. Finally, Argyle Capital Partners LLC raised its position in shares of Netflix by 947.2% during the 4th quarter. Argyle Capital Partners LLC now owns 9,100 shares of the Internet television network’s stock valued at $853,000 after buying an additional 8,231 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on NFLX. Moffett Nathanson cut their target price on shares of Netflix from $120.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday. Needham & Company LLC restated a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Citizens Jmp reaffirmed a “market perform” rating on shares of Netflix in a research note on Wednesday, April 15th. DZ Bank reiterated a “buy” rating on shares of Netflix in a report on Friday, April 17th. Finally, Piper Sandler reiterated an “overweight” rating and set a $115.00 price objective (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $114.26.

Insiders Place Their Bets

In other news, insider David A. Hyman sold 5,722 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the sale, the insider owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. This represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total value of $2,805,740.00. Following the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $7,231,126. This trade represents a 27.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over 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.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $76.96 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a market cap of $324.06 billion, a PE ratio of 24.86, a PEG ratio of 1.00 and a beta of 1.50. The company’s fifty day moving average is $89.75 and its 200 day moving average is $90.44. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12.

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

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some market watchers say Netflix’s sharp selloff may be nearing a bottom, with technical commentary suggesting the stock could be stabilizing after a steep two-month decline.
• Neutral Sentiment: MoffettNathanson cut its price target on Netflix from $120 to $115 but kept a buy rating, signaling continued long-term confidence despite near-term pressure.
• Negative Sentiment: Netflix’s refusal to pursue Lionsgate, combined with the Fox-Roku deal, has fueled concerns that it is losing ground in the sector’s consolidation race and may face more competition around distribution and ad-supported growth.
• Negative Sentiment: Netflix also canceled The Boroughs after one season, a reminder that some content investments are still being pruned as the company remains selective on spending.

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.