First Growth Capital LLC Takes Position in Netflix, Inc. $NFLX

First Growth Capital LLC bought a new position in shares of Netflix, Inc. (NASDAQ:NFLX) during the fourth quarter, Holdings Channel.com reports. The fund bought 13,059 shares of the Internet television network’s stock, valued at approximately $1,224,000. Netflix accounts for 1.2% of First Growth Capital LLC’s investment portfolio, making the stock its 16th largest holding.

Other institutional investors have also bought and sold shares of the company. Axxcess Wealth Management LLC raised its position in Netflix by 902.6% in the 4th quarter. Axxcess Wealth Management LLC now owns 257,188 shares of the Internet television network’s stock valued at $24,114,000 after buying an additional 231,537 shares during the last quarter. Corient Private Wealth LLC lifted its stake in Netflix by 2,568.1% during the 4th quarter. Corient Private Wealth LLC now owns 6,367,139 shares of the Internet television network’s stock valued at $596,983,000 after acquiring an additional 6,128,503 shares in the last quarter. Alberta Investment Management Corp boosted its holdings in Netflix by 5,861.2% during the 4th quarter. Alberta Investment Management Corp now owns 614,000 shares of the Internet television network’s stock worth $57,569,000 after acquiring an additional 603,700 shares during the last quarter. CrossGen Wealth LLC purchased a new position in Netflix during the 4th quarter worth $37,000. Finally, Alpine Woods Capital Investors LLC grew its stake in shares of Netflix by 711.5% in the 4th quarter. Alpine Woods Capital Investors LLC now owns 30,821 shares of the Internet television network’s stock worth $2,890,000 after acquiring an additional 27,023 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Investors are weighing Netflix’s ability to raise prices over time, with coverage highlighting conservative 2027 pricing assumptions and the company’s ad-supported growth as potential upside drivers. Stock Market Today, June 18: Netflix Edges Higher as Investors Weigh Pricing Upside Before Earnings
• Positive Sentiment: Some analysts and commentators say NFLX is trading at its cheapest valuation in years, suggesting the recent weakness may create a buying opportunity for long-term investors. NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive ‘Opportunity’
• Neutral Sentiment: Netflix’s upcoming earnings report on July 16 is a major near-term event, and investors are waiting to see whether the company can justify its premium valuation and soft Q2 outlook. Citizens Analyst Remains Cautious on Netflix Stock (NFLX), Cites Lack of ‘Meaningful Near-Term Catalysts’
• Negative Sentiment: A director sold 35,990 shares under a pre-arranged trading plan, which may add to investor caution even though the sale was not tied to a sudden negative change in outlook. Director Bradford L. Smith transaction
• Negative Sentiment: Several headlines continue to emphasize weak momentum, including concerns about a recent stock slide, lack of near-term catalysts, and uncertainty around content and M&A strategy. Netflix’s stock slide is getting worse

Insider Buying and Selling

In related news, Director Bradford L. Smith sold 35,990 shares of the stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the sale, the director owned 79,690 shares of the company’s stock, valued at approximately $6,177,568.80. This represents a 31.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Reed Hastings sold 420,550 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the sale, the director directly owned 3,940 shares in the company, valued at $376,230.60. This trade represents a 99.07% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,349,019 shares of company stock valued at $123,105,721 in the last 90 days. Corporate insiders own 1.24% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on NFLX. Barclays set a $110.00 target price on shares of Netflix and gave the company an “equal weight” rating in a report on Friday, April 17th. New Street Research increased their price objective on shares of Netflix from $96.00 to $102.00 in a research note on Friday, April 17th. China Renaissance lifted their target price on shares of Netflix from $90.00 to $100.00 and gave the stock a “hold” rating in a research report on Friday, April 17th. DZ Bank restated a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Finally, Jefferies Financial Group reduced their target price on Netflix from $128.00 to $110.00 and set a “buy” rating for the company in a report on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Netflix currently has an average rating of “Moderate Buy” and an average price target of $114.26.

Netflix Stock Up 0.5%

NFLX opened at $77.38 on Friday. The company has a 50 day moving average of $89.32 and a 200 day moving average of $90.23. The company has a market cap of $325.83 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 0.98 and a beta of 1.50. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates 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 previous year, the business earned $6.61 EPS. Netflix’s revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, sell-side analysts expect that Netflix, Inc. will post 3.6 EPS for the current year.

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.