Netflix, Inc. $NFLX Shares Acquired by Northern Financial Advisors Inc

Northern Financial Advisors Inc raised its stake in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 389.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 22,642 shares of the Internet television network’s stock after purchasing an additional 18,014 shares during the period. Netflix makes up approximately 2.4% of Northern Financial Advisors Inc’s investment portfolio, making the stock its 9th biggest position. Northern Financial Advisors Inc’s holdings in Netflix were worth $2,123,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. First Financial Corp IN boosted its stake in shares of Netflix by 900.0% in 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 during the period. DiNuzzo Private Wealth Inc. boosted its stake in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 239 shares during the period. Imprint Wealth LLC purchased a new position in shares of Netflix in the third quarter valued at approximately $25,000. MB Levis & Associates LLC boosted its stake in shares of Netflix by 177.8% in the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock valued at $28,000 after purchasing an additional 192 shares during the period. Finally, Brown Shipley& Co Ltd boosted its stake in shares of Netflix by 867.7% in the fourth quarter. Brown Shipley& Co Ltd now owns 300 shares of the Internet television network’s stock valued at $28,000 after purchasing an additional 269 shares during the period. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

Analyst Ratings Changes

Several research analysts have recently commented on NFLX shares. Piper Sandler reissued an “overweight” rating and issued a $115.00 price objective (up from $103.00) on shares of Netflix in a research note on Friday. Loop Capital set a $104.00 price objective on shares of Netflix in a research note on Tuesday, January 27th. Wolfe Research reissued an “outperform” rating and issued a $107.00 price objective on shares of Netflix in a research note on Friday. President Capital lifted their price target on shares of Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a research note on Tuesday, March 31st. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Netflix presently has an average rating of “Moderate Buy” and a consensus target price of $114.85.

Get Our Latest Stock Report on Netflix

Insider Buying and Selling at Netflix

In other news, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total transaction of $2,273,450.88. Following the completion of the sale, the chief executive officer owned 122,140 shares in the company, valued at approximately $10,166,933.60. The trade was a 18.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider David A. Hyman sold 5,727 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $81.06, for a total transaction of $464,230.62. Following the sale, the insider owned 316,100 shares of the company’s stock, valued at $25,623,066. This represents a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,487,794 shares of company stock worth $136,255,772. 1.37% of the stock is owned by insiders.

Netflix Stock Down 2.5%

Shares of Netflix stock opened at $94.83 on Tuesday. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a 50 day moving average of $92.47 and a 200 day moving average of $98.23. The company has a quick ratio of 1.19, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $399.31 billion, a P/E ratio of 30.63, a P/E/G ratio of 1.44 and a beta of 1.67.

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 for the quarter, topping the consensus estimate 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 net margin of 28.52% and a return on equity of 40.92%. The company’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, research analysts forecast that Netflix, Inc. will post 3.19 EPS 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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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