TD Private Client Wealth LLC Grows Stake in Netflix, Inc. $NFLX

TD Private Client Wealth LLC increased its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 372.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,836 shares of the Internet television network’s stock after purchasing an additional 27,459 shares during the quarter. TD Private Client Wealth LLC’s holdings in Netflix were worth $3,266,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Arrow Financial Corp grew its position in shares of Netflix by 831.6% during the fourth quarter. Arrow Financial Corp now owns 30,350 shares of the Internet television network’s stock worth $2,846,000 after purchasing an additional 27,092 shares in the last quarter. Integrated Investment Consultants LLC grew its position in shares of Netflix by 912.1% during the fourth quarter. Integrated Investment Consultants LLC now owns 5,425 shares of the Internet television network’s stock worth $509,000 after purchasing an additional 4,889 shares in the last quarter. Aegis Wealth Management Inc. purchased a new stake in shares of Netflix during the fourth quarter worth about $286,000. Tucker Asset Management LLC purchased a new stake in shares of Netflix during the fourth quarter worth about $92,000. Finally, Mission Wealth Management LP grew its position in shares of Netflix by 916.5% during the fourth quarter. Mission Wealth Management LP now owns 195,845 shares of the Internet television network’s stock worth $18,362,000 after purchasing an additional 176,578 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on NFLX shares. Morgan Stanley reiterated an “overweight” rating on shares of Netflix in a research report on Friday, April 17th. Susquehanna upgraded Netflix to a “positive” rating and set a $112.00 price target for the company in a report on Wednesday, January 21st. Needham & Company LLC restated a “buy” rating on shares of Netflix in a report on Friday, April 17th. Phillip Securities raised their price target on Netflix from $100.00 to $110.00 in a report on Monday, April 20th. Finally, Huber Research upgraded Netflix from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have issued a Hold rating to the company. According to MarketBeat.com, Netflix has an average rating of “Moderate Buy” and an average target price of $114.82.

Insiders Place Their Bets

In other news, CEO Theodore A. Sarandos sold 27,312 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the sale, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at $25,054,207.88. This trade represents a 8.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 9,253 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $6,563,353.65. The trade was a 11.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 1,422,769 shares of company stock worth $135,144,073. 1.37% of the stock is currently owned by company insiders.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and a $125 price target, arguing Netflix’s ad business is becoming a major long-term revenue driver as its ad-supported tier continues to scale. Netflix Stock Gains as BofA Maintains $125 Price Target
• Positive Sentiment: Multiple reports highlighted that analysts remain constructive on NFLX because of expanding ad inventory, stronger engagement, and the company’s push into live sports, which could unlock additional monetization. Binge-Watching To Live Sports: Why Netflix Is Chasing Massive 800 Million Smart-TV Jackpot
• Positive Sentiment: Citi also maintained a Buy rating with a $115 target, citing growth in the ad-supported business and user engagement as reasons for optimism. Citi Maintains Buy Rating on Netflix (NFLX) Stock
• Positive Sentiment: Netflix was also mentioned favorably in broader commentary as a stock with potential upside after its recent pullback, with some analysts arguing the selloff has outpaced the underlying fundamentals. NFLX Stock Collapsed. The Fundamentals Did Not
• Neutral Sentiment: Several articles framed Netflix as a long-term value and growth story, but did not point to any new operational catalyst beyond ongoing confidence in the business. Is Now the Time to Buy Forgotten FAANG Stock Netflix?
• Neutral Sentiment: Netflix’s high-profile UFC/MMA event coverage and recent entertainment headlines added visibility to the platform, but these stories were not directly tied to a fundamental change in the company’s outlook. Ronda Rousey comeback fight coverage on Netflix’s MVP card
• Negative Sentiment: Despite the bullish tone from Wall Street, coverage also noted that NFLX remains well below recent highs, reflecting investor concern about recent share-price weakness and the need to prove that ad growth and live sports can translate into stronger earnings momentum. Jim Cramer Discusses Netflix (NFLX), JPMorgan & Risk-Reward
• Negative Sentiment: Forbes noted Netflix’s ad tier now has scale, but the market is still waiting to see whether advertisers will pay premium rates, especially around live NFL games, leaving execution risk in place. Netflix Has 250 Million Ad Viewers. Now It Has To Prove Their Value

Netflix Stock Performance

NASDAQ NFLX opened at $89.65 on Tuesday. The stock has a market capitalization of $377.50 billion, a PE ratio of 28.96, a P/E/G ratio of 1.11 and a beta of 1.55. The business has a 50 day simple moving average of $94.55 and a two-hundred day simple moving average of $94.64. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company’s revenue for the quarter was up 16.2% on a year-over-year basis. During the same period last year, the company earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts predict that Netflix, Inc. will post 3.6 EPS 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.