Netflix, Inc. $NFLX Shares Sold by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc reduced its position in Netflix, Inc. (NASDAQ:NFLX) by 50.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 10,970 shares of the Internet television network’s stock after selling 11,100 shares during the period. K.J. Harrison & Partners Inc’s holdings in Netflix were worth $1,055,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Mount Vernon Associates Inc. MD boosted its holdings in shares of Netflix by 511.4% during the first quarter. Mount Vernon Associates Inc. MD now owns 42,800 shares of the Internet television network’s stock worth $4,115,000 after purchasing an additional 35,800 shares during the last quarter. NBT Bank N A NY increased its holdings in shares of Netflix by 3.8% during the 1st quarter. NBT Bank N A NY now owns 43,645 shares of the Internet television network’s stock worth $4,196,000 after buying an additional 1,582 shares during the last quarter. Integral Investment Advisors Inc. raised its holdings in shares of Netflix by 56.0% in the 1st quarter. Integral Investment Advisors Inc. now owns 9,726 shares of the Internet television network’s stock worth $935,000 after purchasing an additional 3,490 shares during the period. Koshinski Asset Management Inc. grew its holdings in shares of Netflix by 9.2% during the 1st quarter. Koshinski Asset Management Inc. now owns 22,075 shares of the Internet television network’s stock worth $2,123,000 after purchasing an additional 1,853 shares during the period. Finally, V Square Quantitative Management LLC increased its position in Netflix by 19.9% during the 1st quarter. V Square Quantitative Management LLC now owns 17,167 shares of the Internet television network’s stock worth $1,651,000 after purchasing an additional 2,845 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on NFLX shares. Jefferies Financial Group reduced their price target on shares of Netflix from $128.00 to $110.00 and set a “buy” rating on the stock in a research report on Wednesday, June 10th. President Capital lifted their target price on shares of Netflix from $133.00 to $134.00 and gave the company a “buy” rating in a report on Tuesday, March 31st. Needham & Company LLC reaffirmed a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Barclays set a $110.00 price target on Netflix and gave the company an “equal weight” rating in a report on Friday, April 17th. Finally, New Street Research raised their price objective on Netflix from $96.00 to $102.00 in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $114.26.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix rallied after reports clarified that a large-scale NBCUniversal acquisition was not an imminent goal, easing takeover-related anxiety and helping investors focus back on fundamentals. Why Netflix (NFLX) Stock Is Up Today
• Positive Sentiment: Analyst commentary and investor coverage highlighted Netflix’s ad growth, pricing power, and improving free cash flow outlook as key drivers that could support the stock into earnings. Netflix Gears Up to Report Q2 Earnings: Buy, Sell or Hold the Stock?
• Positive Sentiment: Netflix’s recent AI advertising partnership with Omnicom Media Group boosted sentiment by reinforcing the company’s monetization strategy for its ad-supported tier. Netflix (NFLX) Is Up 9.5% After AI Ad Tie-Up With Omnicom Media Group – Has The Bull Case Changed?
• Neutral Sentiment: Several articles framed Netflix as a potential value or turnaround idea after a sharp six-month decline, but these were mostly opinion pieces rather than new company-specific catalysts. Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
• Neutral Sentiment: Coverage from Jim Cramer and other commentators argued the market may be too pessimistic about Netflix’s growth, but this did not reflect a new operating update. Jim Cramer Believes the Market Is Wrong About Netflix
• Negative Sentiment: A TipRanks AI Analyst downgrade and reduced price target added caution, citing growing near-term risks for Netflix (NFLX). AI Analyst Downgrades Netflix Stock, Cuts Price Target as Near-Term Risks Grow
• Negative Sentiment: Broader commentary still notes Netflix’s stock has lagged the market over the past six months, with softer quarterly results contributing to investor disappointment. Netflix (NFLX): 3 Reasons We Love This Stock

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $77.65 on Friday. The firm has a market cap of $326.97 billion, a PE ratio of 25.08, a price-to-earnings-growth ratio of 0.99 and a beta of 1.52. The company has a fifty day simple moving average of $83.46 and a 200 day simple moving average of $88.29. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 12-month low of $70.86 and a 12-month high of $130.23.

Netflix (NASDAQ:NFLX) last posted 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 firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm’s revenue was up 16.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insiders Place Their Bets

In other Netflix news, CFO Spencer Adam Neumann sold 9,253 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total transaction of $823,054.35. Following the sale, the chief financial officer owned 73,787 shares in the company, valued at $6,563,353.65. This represents a 11.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider David A. Hyman sold 5,722 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $27,842,088. This represents a 1.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 899,839 shares of company stock worth $80,141,661. Company insiders own 1.24% of the company’s stock.

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.