Private Trust Co. NA Acquires 24,188 Shares of Netflix, Inc. $NFLX

Private Trust Co. NA raised its stake in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 795.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 27,228 shares of the Internet television network’s stock after acquiring an additional 24,188 shares during the quarter. Private Trust Co. NA’s holdings in Netflix were worth $2,553,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also modified their holdings of NFLX. First Financial Corp IN boosted 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 position in shares of Netflix by 885.2% during the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares in the last quarter. Imprint Wealth LLC bought a new position in Netflix in the 3rd quarter valued at $25,000. Retirement Wealth Solutions LLC bought a new position in Netflix in the third quarter valued at about $28,000. Finally, MB Levis & Associates LLC grew its position in shares of Netflix by 177.8% during the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after buying an additional 192 shares during the period. 80.93% of the stock is currently owned by institutional investors.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

  • Positive Sentiment: Q1 results beat consensus — Netflix reported $12.25B in revenue and $1.23 GAAP EPS, beating street revenue and EPS expectations and showing margin expansion and strong cash flow. Q1 Results
  • Positive Sentiment: Ad and pricing tailwinds cited — management and some analysts point to higher pricing and accelerating ad revenue as durable profit drivers, supporting continued buy ratings from several firms. Analyst Take
  • Neutral Sentiment: Co‑founder Reed Hastings will not stand for re‑election to the board in June — Netflix says he’s pursuing philanthropy; the move removes a long‑time presence but management frames it as orderly. Hastings Exit
  • Neutral Sentiment: Market context: risk appetite is mixed (futures up on geopolitical optimism) which may temper a broader market selloff but leaves company‑specific headlines to drive NFLX. Market Futures
  • Negative Sentiment: Disappointing Q2/near‑term guidance — Netflix set Q2 EPS at $0.78 (below consensus ~$0.84) and issued conservative near‑term revenue guidance, triggering investor concern that growth and engagement may slow. Guidance Miss
  • Negative Sentiment: Market skepticism over one‑time gains and sustainability — some investors see the big profit beat as partly driven by a Warner Bros. breakup fee and price increases, raising doubts about repeatable top‑line momentum and prompting profit‑taking. One‑time Gains Concern
  • Negative Sentiment: Strategic risks flagged by analysts — commentary warns of engagement friction, dependence on large sports/content deals, and tougher competition for scripted franchises, which could pressure future growth and content ROI. Analyst Concerns

Insider Activity at Netflix

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the 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 transaction, the chief executive officer owned 122,140 shares in the company, valued at approximately $10,166,933.60. This represents a 18.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction dated Thursday, April 2nd. The shares were 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 of the company’s stock, valued at $7,231,126. This trade represents a 27.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,487,794 shares of company stock worth $136,255,772. Corporate insiders own 1.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on NFLX shares. TD Cowen cut their target price on Netflix from $115.00 to $112.00 and set a “buy” rating on the stock in a research note on Wednesday, January 21st. Weiss Ratings cut Netflix from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 22nd. Citizens Jmp reissued a “market perform” rating on shares of Netflix in a research report on Wednesday. Citic Securities reduced their price target on Netflix from $109.00 to $95.00 and set a “hold” rating for the company in a research report on Monday, January 26th. Finally, Susquehanna raised shares of Netflix to a “positive” rating and set a $112.00 price objective for the company in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $115.70.

View Our Latest Stock Analysis on NFLX

Netflix Trading Up 0.1%

NFLX opened at $107.79 on Friday. The company’s 50 day moving average is $91.90 and its 200-day moving average is $98.56. The company has a market cap of $455.11 billion, a P/E ratio of 42.66, a PEG ratio of 1.58 and a beta of 1.67. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51.

Netflix (NASDAQ:NFLXGet Free Report) last issued its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (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 analyst estimates of $12.17 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter last year, the business earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Netflix Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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