Second Half Financial Partners LLC Boosts Stake in Netflix, Inc. $NFLX

Second Half Financial Partners LLC raised its position in Netflix, Inc. (NASDAQ:NFLXFree Report) by 847.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,832 shares of the Internet television network’s stock after buying an additional 8,794 shares during the period. Second Half Financial Partners LLC’s holdings in Netflix were worth $922,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of NFLX. Baillie Gifford & Co. raised its stake in shares of Netflix by 912.3% in the 4th quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network’s stock valued at $3,463,498,000 after purchasing an additional 33,290,988 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Netflix by 891.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network’s stock valued at $1,134,487,000 after purchasing an additional 10,879,276 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of Netflix by 886.6% in the 4th quarter. Nordea Investment Management AB now owns 9,667,997 shares of the Internet television network’s stock valued at $902,798,000 after purchasing an additional 8,688,113 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in shares of Netflix by 983.1% in the 4th quarter. Assenagon Asset Management S.A. now owns 6,234,314 shares of the Internet television network’s stock valued at $584,529,000 after purchasing an additional 5,658,740 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of Netflix by 430.6% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,738,241 shares of the Internet television network’s stock valued at $631,777,000 after purchasing an additional 5,468,262 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Trending Headlines about Netflix

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Wall Street Analyst Weigh In

NFLX has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of Netflix from $98.00 to $100.00 and gave the company a “hold” rating in a research note on Tuesday. President Capital boosted their price objective on shares of Netflix from $133.00 to $134.00 and gave the company a “buy” rating in a research report on Tuesday, March 31st. Guggenheim reaffirmed a “buy” rating and set a $130.00 price objective on shares of Netflix in a research report on Tuesday. Rosenblatt Securities boosted their price objective on shares of Netflix from $95.00 to $96.00 and gave the company a “neutral” rating in a research report on Monday, April 6th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Netflix in a research report on Monday, March 2nd. They set an “overweight” rating and a $120.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.80.

Read Our Latest Research Report on NFLX

Netflix Stock Up 1.3%

NFLX stock opened at $107.71 on Thursday. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The company has a market capitalization of $454.77 billion, a price-to-earnings ratio of 42.62, a price-to-earnings-growth ratio of 1.61 and a beta of 1.67. The firm’s 50-day moving average is $91.36 and its two-hundred day moving average is $98.65. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51.

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

Insider Buying and Selling

In other news, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $83.24, for a total value of $2,273,450.88. Following the sale, the chief executive officer owned 122,140 shares of the company’s stock, valued at approximately $10,166,933.60. The trade was a 18.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $81.06, for a total transaction of $464,230.62. Following the completion of the transaction, the insider directly owned 316,100 shares in the company, valued at $25,623,066. This represents a 1.78% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,511,233 shares of company stock worth $138,320,982. 1.37% of the stock is owned by corporate insiders.

Netflix Profile

(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.

See Also

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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