Plimoth Trust Co. LLC Buys Shares of 12,174 Netflix, Inc. $NFLX

Plimoth Trust Co. LLC bought a new stake in shares of Netflix, Inc. (NASDAQ:NFLX) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 12,174 shares of the Internet television network’s stock, valued at approximately $1,141,000.

Several other hedge funds have also bought and sold shares of the stock. Symmetry Partners LLC lifted its position in Netflix by 711.4% during the fourth quarter. Symmetry Partners LLC now owns 2,783 shares of the Internet television network’s stock valued at $261,000 after purchasing an additional 2,440 shares during the last quarter. Greatmark Investment Partners Inc. lifted its position in Netflix by 871.2% during the fourth quarter. Greatmark Investment Partners Inc. now owns 239,175 shares of the Internet television network’s stock valued at $22,425,000 after purchasing an additional 214,549 shares during the last quarter. Forum Financial Management LP lifted its position in Netflix by 925.7% during the fourth quarter. Forum Financial Management LP now owns 34,606 shares of the Internet television network’s stock valued at $3,245,000 after purchasing an additional 31,232 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its position in Netflix by 895.8% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 9,430 shares of the Internet television network’s stock valued at $884,000 after purchasing an additional 8,483 shares during the last quarter. Finally, Wealth Enhancement Trust Services Inc. purchased a new position in shares of Netflix during the fourth quarter worth approximately $2,451,000. 80.93% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have commented on NFLX. William Blair reissued an “outperform” rating on shares of Netflix in a research note on Wednesday, January 21st. Argus decreased their price target on shares of Netflix from $141.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Pivotal Research set a $96.00 price target on shares of Netflix and gave the stock a “hold” rating in a research note on Friday. HSBC lifted their price target on shares of Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Finally, Royal Bank Of Canada reissued a “hold” rating on shares of Netflix in a research note on Wednesday, January 21st. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, Netflix has an average rating of “Moderate Buy” and an average price target of $114.73.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q1 results beat expectations — revenue of $12.25B and GAAP EPS of $1.23 topped consensus, driven by subscription pricing, ad revenue growth and margin expansion; these fundamentals underpin many analyst “buy the dip” calls. Q1 results detail
• Positive Sentiment: Longer‑term growth levers remain: management emphasized live sports discussions (NFL interest) and continued ad‑tier expansion; analysts who stayed bullish point to strong cash generation and ad upside. Live sports / NFL rights
• Neutral Sentiment: Product/tech roadmap: Netflix plans a TikTok‑style vertical feed and broader AI use for recommendations — positive for engagement but not an immediate revenue catalyst. TechCrunch: vertical feed
• Negative Sentiment: Q2 guidance disappointed — the company issued Q2 EPS/revenue guidance below consensus (management cited slower near‑term growth and margin pressure), which shifted focus from the quarter to the outlook and trimmed near‑term expectations. Reuters: downbeat Q2 forecast
• Negative Sentiment: Leadership change spooked the market — Reed Hastings announced he will not stand for re‑election to the board, prompting concern about governance continuity amid a strategic pivot after the failed Warner Bros. bid. That exit amplified the selloff. Deadline: Hastings exit
• Negative Sentiment: Analyst reaction and price‑target moves were mixed-to-negative — several firms trimmed targets or moved to neutral/hold citing valuation and near‑term growth deceleration, increasing downward pressure. Invezz: analyst reactions

Insider Activity

In related news, insider David A. Hyman sold 5,727 shares of Netflix stock in a transaction on Monday, February 9th. The shares were sold at an average price of $81.06, for a total value of $464,230.62. Following the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at $25,623,066. The trade was a 1.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Gregory K. Peters sold 105,781 shares of Netflix stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $82.94, for a total transaction of $8,773,476.14. Following the completion of the transaction, the chief executive officer directly owned 122,140 shares in the company, valued at approximately $10,130,291.60. The trade was a 46.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,487,794 shares of company stock valued at $136,255,772 in the last three months. Corporate insiders own 1.37% of the company’s stock.

Netflix Stock Down 9.7%

Shares of NASDAQ NFLX opened at $97.31 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The firm’s fifty day moving average is $92.20 and its 200 day moving average is $98.55. The company has a market cap of $410.86 billion, a price-to-earnings ratio of 31.43, a PEG ratio of 1.60 and a beta of 1.67.

Netflix (NASDAQ:NFLX) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 43.01%. The company had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. During the same period in the previous year, the firm earned $6.61 earnings per share. The firm’s revenue for the quarter was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts expect that Netflix, Inc. will post 24.58 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.