Laurel Wealth Advisors LLC boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 886.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 35,065 shares of the Internet television network’s stock after acquiring an additional 31,511 shares during the period. Laurel Wealth Advisors LLC’s holdings in Netflix were worth $3,288,000 at the end of the most recent quarter.
Other institutional investors also recently bought and sold shares of the company. Imprint Wealth LLC purchased a new position in shares of Netflix in the 3rd quarter worth $25,000. First Financial Corp IN grew its stake in shares of Netflix by 900.0% in the 4th 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 in the last quarter. DiNuzzo Private Wealth Inc. grew its stake in shares of Netflix by 885.2% in the 4th 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 in the last quarter. Turning Point Benefit Group Inc. grew its stake in shares of Netflix by 13,400.0% in the 4th 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 in the last quarter. Finally, MB Levis & Associates LLC grew its stake in shares of Netflix by 177.8% in the 4th 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 in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.
Netflix Trading Up 0.5%
NFLX traded up $0.46 on Thursday, reaching $92.58. 8,960,236 shares of the company traded hands, compared to its average volume of 47,269,805. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12. The firm has a fifty day simple moving average of $94.48 and a two-hundred day simple moving average of $96.96. The company has a market cap of $389.84 billion, a P/E ratio of 29.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.67. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.
Analyst Ratings Changes
NFLX has been the subject of a number of recent research reports. Needham & Company LLC reissued a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Jefferies Financial Group lowered their target price on shares of Netflix from $134.00 to $128.00 and set a “buy” rating for the company in a report on Friday, April 17th. The Goldman Sachs Group upgraded shares of Netflix from a “neutral” rating to a “buy” rating in a report on Monday, April 13th. New Street Research raised their target price on shares of Netflix from $96.00 to $102.00 in a report on Friday, April 17th. Finally, Citizens Jmp restated a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $114.82.
View Our Latest Report on Netflix
Key Headlines Impacting Netflix
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Board-authorized buyback expansion — Netflix approved an additional $25 billion in share repurchases, increasing capital-return optionality and reducing float, which is a clear shareholder-friendly move that supports EPS and valuation. InsiderMonkey: Buyback Authorization
- Positive Sentiment: Mobile product push to boost engagement — Netflix is rolling out a TikTok-like vertical video feed (“Clips”) and other mobile UI changes to make discovery faster and increase time spent on phones, which could lift ad revenue and retention over time. Business Insider: Mobile Strategy
- Positive Sentiment: Analyst estimate nudges — Erste Group modestly raised FY2026 and FY2027 EPS forecasts, signaling some analyst confidence in Netflix’s ability to convert revenue growth into higher earnings. MarketBeat: Analyst Updates
- Neutral Sentiment: Longer-term content strategy — Coverage suggests live sports expansion remains a strategic lever to grow subscribers and revenue, but it’s execution- and capex-intensive and will affect margins differently over time. The Motley Fool: Live Sports
- Negative Sentiment: Shareholder activism increases scrutiny — Activist moves have put governance and valuation in focus, creating near-term uncertainty and potential for pressure on management and strategic decisions. Yahoo Finance: Shareholder Activism
- Negative Sentiment: Near-term margin concerns and PT cuts — Bernstein trimmed its price target citing margin pressures, signaling investor worry that content and expansion costs could weigh on profitability in the near term. Yahoo Finance: PT Cut
- Negative Sentiment: Investor disappointment after the update — Commentary and headlines pointing to the stock decline and investor disappointment following recent results/guidance are amplifying selling pressure despite the quarter’s top-line beat. The Motley Fool: Stock Falling
Insider Activity at Netflix
In related news, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total transaction of $2,805,740.00. Following the completion of the sale, the chief financial officer owned 73,787 shares in the company, valued at $7,231,126. This trade represents a 27.95% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $81.06, for a total transaction of $464,230.62. Following the sale, the insider owned 316,100 shares of the company’s stock, valued at $25,623,066. The trade was a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,382,013 shares of company stock worth $127,482,296 over the last ninety days. 1.37% of the stock is currently owned by company insiders.
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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