Cvfg LLC Increases Position in Netflix, Inc. $NFLX

Cvfg LLC grew its position in Netflix, Inc. (NASDAQ:NFLX) by 2,034.6% during the first quarter, Holdings Channel reports. The firm owned 82,395 shares of the Internet television network’s stock after acquiring an additional 78,535 shares during the period. Netflix makes up approximately 1.0% of Cvfg LLC’s portfolio, making the stock its 25th largest position. Cvfg LLC’s holdings in Netflix were worth $7,922,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its position in Netflix by 912.5% during the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock valued at $36,567,805,000 after buying an additional 351,493,659 shares during the period. State Street Corp lifted its position in shares of Netflix by 927.6% in the fourth quarter. State Street Corp now owns 176,780,995 shares of the Internet television network’s stock valued at $16,574,986,000 after acquiring an additional 159,578,053 shares in the last quarter. Geode Capital Management LLC boosted its stake in Netflix by 892.0% during the 4th quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock worth $9,305,336,000 after purchasing an additional 89,558,684 shares during the last quarter. Capital World Investors grew its stake in Netflix by 859.1% during the 4th quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock valued at $8,376,656,000 after acquiring an additional 80,025,890 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Netflix by 685.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 86,058,878 shares of the Internet television network’s stock valued at $8,068,882,000 after purchasing an additional 75,107,069 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insider Activity

In related news, Director Bradford L. Smith sold 35,990 shares of Netflix stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total value of $2,789,944.80. Following the completion of the transaction, the director owned 79,690 shares in the company, valued at approximately $6,177,568.80. This trade represents a 31.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Adam Neumann sold 9,253 shares of Netflix stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $6,563,353.65. This trade represents a 11.14% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 899,839 shares of company stock worth $80,141,661. 1.24% of the stock is owned by corporate insiders.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix signed licensing deals with multiple digital publishers, including BuzzFeed, Condé Nast, Hearst, People Inc., Tastemade and Penske Media brands, to add short-form videos to its homepage. The move suggests Netflix is trying to boost engagement, diversify its content mix, and compete more directly for viewing time against YouTube. Article title
• Positive Sentiment: Reports also say Netflix is interested in bidding for U.S. broadcast rights to the 2030 and 2034 FIFA World Cups, a potentially high-profile sports move that could improve subscriber growth, brand reach, and ad sales if it wins part of the package. Article title
• Positive Sentiment: Several commentary pieces highlighted Netflix as undervalued after its pullback, pointing to strong free cash flow, raised cash flow guidance, and growth initiatives such as ad-supported tiers, gaming, and live programming. Article title
• Neutral Sentiment: Analysts and market commentators continued to frame Netflix as a stock with mixed near-term technical and valuation signals, including references to “death cross” resistance and a soft recent trend, but without a major new fundamental negative. Article title
• Negative Sentiment: Some recent coverage flagged an engagement problem, including concerns that viewers are dropping off after early seasons of big shows and that Netflix faces structural pressure from shorter-form “microdramas” and changing viewing habits. Article title

Analyst Upgrades and Downgrades

A number of research firms have commented on NFLX. Sanford C. Bernstein restated an “outperform” rating on shares of Netflix in a research report on Thursday, June 4th. Morgan Stanley restated an “overweight” rating on shares of Netflix in a research note on Friday, April 17th. Jefferies Financial Group decreased their price target on Netflix from $128.00 to $110.00 and set a “buy” rating for the company in a report on Wednesday, June 10th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Netflix from $98.00 to $100.00 and gave the company a “hold” rating in a research report on Tuesday, April 14th. Finally, Rosenblatt Securities cut their target price on shares of Netflix from $96.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Netflix presently has an average rating of “Moderate Buy” and an average target price of $114.26.

Netflix Stock Up 0.2%

Shares of NFLX opened at $76.18 on Wednesday. The company has a market capitalization of $320.78 billion, a PE ratio of 24.61, a price-to-earnings-growth ratio of 0.97 and a beta of 1.52. 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, Inc. has a 12-month low of $70.86 and a 12-month high of $129.32. The business’s 50 day moving average is $82.80 and its 200 day moving average is $87.99.

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