Koshinski Asset Management Inc. boosted its stake in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 767.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 20,222 shares of the Internet television network’s stock after buying an additional 17,890 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Netflix were worth $1,896,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Imprint Wealth LLC purchased a new stake in Netflix in the 3rd quarter valued at $25,000. Bare Financial Services Inc raised its position in Netflix by 93.3% in the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after buying an additional 14 shares during the last quarter. Horizon Financial Services LLC raised its position in Netflix by 480.0% in the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after buying an additional 24 shares during the last quarter. Redmont Wealth Advisors LLC purchased a new stake in Netflix in the 3rd quarter valued at $36,000. Finally, Marquette Asset Management LLC purchased a new stake in Netflix in the 3rd quarter valued at $44,000. 80.93% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on NFLX. Canaccord Genuity Group set a $125.00 target price on Netflix and gave the company a “buy” rating in a research report on Wednesday, January 21st. Wedbush reaffirmed an “outperform” rating and set a $118.00 target price on shares of Netflix in a research report on Thursday, April 16th. Deutsche Bank Aktiengesellschaft raised their target price on Netflix from $98.00 to $100.00 and gave the company a “hold” rating in a research report on Tuesday, April 14th. Susquehanna raised Netflix to a “positive” rating and set a $112.00 target price for the company in a research report on Wednesday, January 21st. Finally, BMO Capital Markets decreased their target price on Netflix from $143.00 to $135.00 and set an “outperform” rating for the company in a research report on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $114.82.
Insider Transactions at Netflix
In related news, CFO Spencer Adam Neumann sold 57,260 shares of the firm’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the transaction, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $7,046,658.50. This trade represents a 43.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 122,140 shares in the company, valued at $10,166,933.60. This trade represents a 18.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,458,944 shares of company stock valued at $138,141,007. 1.37% of the stock is currently owned by corporate insiders.
Key Netflix News
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Strong early reviews for Netflix’s new drama Remarkably Bright Creatures suggest a programming win that could help engagement and subscriber retention. Remarkably Bright Creatures Review
- Positive Sentiment: Recent analyst commentary remains constructive, with several firms maintaining or raising price targets and broader coverage still pointing to a “Moderate Buy” view. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
- Neutral Sentiment: Warner Bros. Discovery’s large quarterly loss included a $2.8 billion Netflix-related termination fee, but this is primarily an M&A accounting item for WBD rather than a direct operating signal for Netflix. WBD Logs $2.92B Loss
- Neutral Sentiment: Jim Cramer said Netflix is “not a buy, buy, buy,” reflecting caution around competition in streaming, but it was more of a valuation/positioning comment than a formal downgrade. Jim Cramer on Netflix
- Negative Sentiment: CEO Gregory K. Peters sold 27,312 shares and CFO Spencer Adam Neumann sold 9,253 shares on May 7, adding to recent insider selling and likely weighing on investor sentiment. Netflix Insider Selling
- Negative Sentiment: Technical and trading commentary points to continued weakness after the recent pullback, with the stock still below key moving averages and some investors questioning near-term upside. Is It Time To Reassess Netflix?
Netflix Stock Down 0.9%
Shares of NASDAQ NFLX opened at $87.45 on Friday. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The business has a 50-day simple moving average of $95.44 and a two-hundred day simple moving average of $96.08. 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 company has a market cap of $368.22 billion, a P/E ratio of 28.25, a P/E/G ratio of 1.12 and a beta of 1.55.
Netflix (NASDAQ:NFLX – Get Free Report) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping the consensus estimate of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm’s revenue was up 16.2% compared to the same quarter last year. During the same quarter last year, the company earned $6.61 EPS. 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 fiscal year.
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.
Further Reading
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