Stonebrook Private Inc. Raises Stock Holdings in Netflix, Inc. $NFLX

Stonebrook Private Inc. grew its holdings in Netflix, Inc. (NASDAQ:NFLXFree Report) by 896.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 11,575 shares of the Internet television network’s stock after acquiring an additional 10,413 shares during the quarter. Stonebrook Private Inc.’s holdings in Netflix were worth $1,085,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. First Financial Corp IN lifted its holdings in Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. lifted its stake in Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after buying an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. boosted its holdings in 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 during the last quarter. Imprint Wealth LLC purchased a new stake in Netflix during the 3rd quarter worth approximately $25,000. Finally, MB Levis & Associates LLC raised its holdings in shares of Netflix by 177.8% during the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock valued at $28,000 after acquiring an additional 192 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Stock Down 1.5%

Netflix stock opened at $81.41 on Wednesday. The company has a market capitalization of $342.80 billion, a PE ratio of 26.30, a price-to-earnings-growth ratio of 1.05 and a beta of 1.50. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The firm has a 50 day moving average price of $91.75 and a 200 day moving average price of $91.52.

Netflix (NASDAQ:NFLXGet Free Report) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. During the same period in the prior year, the firm earned $6.61 earnings per share. The firm’s revenue was up 16.2% compared to the same quarter last year. 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 year.

Insider Activity

In related news, CEO Theodore A. Sarandos sold 27,312 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the completion of the transaction, the chief executive officer directly owned 284,804 shares in the company, valued at $25,054,207.88. This trade represents a 8.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 420,550 shares of Netflix stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total value of $40,158,319.50. Following the completion of the transaction, the director directly owned 3,940 shares of the company’s stock, valued at approximately $376,230.60. This represents a 99.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,313,029 shares of company stock worth $120,315,776 in the last quarter. Insiders own 1.24% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on NFLX. KeyCorp reissued an “overweight” rating and issued a $115.00 price objective (up from $108.00) on shares of Netflix in a research note on Tuesday, April 14th. DZ Bank restated a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Raymond James Financial reissued a “market perform” rating on shares of Netflix in a research note on Thursday, May 14th. Bank of America reaffirmed a “buy” rating and issued a $125.00 price target on shares of Netflix in a report on Monday, May 18th. Finally, Phillip Securities upped their target price on Netflix from $100.00 to $110.00 in a report on Monday, April 20th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $114.82.

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About Netflix

(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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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