Krilogy Financial LLC Has $4.29 Million Stock Holdings in Netflix, Inc. $NFLX

Krilogy Financial LLC boosted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 28.8% during the 1st quarter, HoldingsChannel reports. The fund owned 44,670 shares of the Internet television network’s stock after buying an additional 9,976 shares during the quarter. Krilogy Financial LLC’s holdings in Netflix were worth $4,295,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in shares of Netflix by 5.0% during the 4th quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock valued at $4,804,000 after acquiring an additional 257 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in shares of Netflix by 16.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock valued at $912,000 after acquiring an additional 144 shares during the period. Sivia Capital Partners LLC lifted its holdings in shares of Netflix by 21.2% during the second quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock valued at $1,883,000 after acquiring an additional 246 shares during the period. Strategic Investment Advisors MI lifted its holdings in shares of Netflix by 18.9% during the second quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock valued at $1,036,000 after acquiring an additional 123 shares during the period. Finally, Schnieders Capital Management LLC. boosted its stake in shares of Netflix by 12.1% in the 2nd quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network’s stock valued at $2,832,000 after purchasing an additional 228 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Activity at Netflix

In related news, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the sale, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total value of $2,805,740.00. Following the transaction, the chief financial officer owned 73,787 shares in the company, valued at approximately $7,231,126. This represents a 27.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,349,019 shares of company stock valued at $123,105,721. 1.24% of the stock is owned by corporate insiders.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is expanding its advertising business through a new AI-powered ad partnership with Omnicom and Acxiom, which could improve ad targeting and measurement and support longer-term ad revenue growth. Omnicom (OMC) Launches Fan Graph And Teams Up With Netflix On AI Ads
• Positive Sentiment: Netflix is trying to broaden engagement beyond streaming with a new original horror game due June 30, signaling more ambition in interactive entertainment. Netflix Unveils New Horror Game to Jumpstart Interactive Offerings
• Positive Sentiment: Several articles argue the stock looks inexpensive after the selloff, with some analysts and strategists pointing to upside if Netflix executes on advertising, free cash flow, and new growth initiatives. Netflix (NFLX) Stock After 42% Slide In Year Looks Cheap On Cash Flow And Earnings
• Neutral Sentiment: Citizens maintained a Market Perform rating, reflecting a mixed Wall Street view rather than a clear catalyst. Netflix (NFLX) Launches First Original Horror Game to Boost Gaming Engagement
• Negative Sentiment: Multiple reports say Netflix’s share of streaming time is declining, reinforcing fears that competitors are taking engagement and attention from the platform. Netflix’s (NFLX) Share of People’s Streaming Time Declines, Further Pressuring the Stock
• Negative Sentiment: Investors remain disappointed that Netflix has not pursued a larger M&A move, and that skepticism has weighed on sentiment after the Warner Bros. deal collapse. Why Netflix Stock Fell Today

Analysts Set New Price Targets

A number of brokerages recently issued reports on NFLX. Cfra upgraded shares of Netflix from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research report on Friday, March 6th. Phillip Securities raised their price target on Netflix from $100.00 to $110.00 in a report on Monday, April 20th. TD Cowen reiterated a “buy” rating on shares of Netflix in a research report on Thursday, May 14th. Wolfe Research reiterated an “outperform” rating and issued a $107.00 price objective on shares of Netflix in a research report on Friday, April 17th. Finally, Jefferies Financial Group reduced their price objective on Netflix from $128.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and an average target price of $114.26.

Netflix Trading Down 0.1%

NFLX opened at $72.82 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The company has a market cap of $306.63 billion, a price-to-earnings ratio of 23.52, a price-to-earnings-growth ratio of 0.93 and a beta of 1.50. The firm has a 50 day simple moving average of $87.70 and a 200 day simple moving average of $89.53. Netflix, Inc. has a fifty-two week low of $71.81 and a fifty-two week high of $134.12.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating analysts’ consensus estimates 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% on a year-over-year basis. During the same quarter in the prior year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, sell-side analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current year.

About Netflix

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.