Verde Capital Management Purchases 39,781 Shares of Netflix, Inc. $NFLX

Verde Capital Management grew its position in Netflix, Inc. (NASDAQ:NFLX) by 1,036.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,618 shares of the Internet television network’s stock after purchasing an additional 39,781 shares during the quarter. Netflix makes up about 0.9% of Verde Capital Management’s portfolio, making the stock its 21st largest position. Verde Capital Management’s holdings in Netflix were worth $4,090,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of Netflix by 912.5% in the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock valued at $36,567,805,000 after buying an additional 351,493,659 shares in the last quarter. Baillie Gifford & Co. lifted its position in shares of Netflix by 912.3% during the fourth quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network’s stock valued at $3,463,498,000 after purchasing an additional 33,290,988 shares in the last quarter. Jennison Associates LLC lifted its position in shares of Netflix by 639.9% during the fourth quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network’s stock valued at $3,269,594,000 after purchasing an additional 30,158,900 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Netflix by 891.3% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network’s stock valued at $1,134,487,000 after purchasing an additional 10,879,276 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Netflix by 850.7% during the fourth quarter. Principal Financial Group Inc. now owns 10,858,157 shares of the Internet television network’s stock valued at $1,018,062,000 after purchasing an additional 9,716,017 shares in the last quarter. 80.93% of the stock is owned by institutional investors.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bank of America reiterated a Buy rating on Netflix and kept a $125 price target, citing strength in the company’s advertising business, expanding ad-supported audience, and longer-term growth from live sports and smart-TV monetization. Netflix (NASDAQ:NFLX) Given Buy Rating at Bank of America
• Positive Sentiment: Multiple follow-up notes echoed the same bullish thesis, with analysts highlighting Netflix’s growing ad revenue, rising engagement, and possible upside if the company successfully monetizes its large ad-tier audience and live events. Jim Cramer Discusses Netflix (NFLX), JPMorgan & Risk-Reward
• Positive Sentiment: Netflix also received supportive commentary from Citi and other market-watch articles pointing to continued upside in the stock, with price targets in the $115 range and optimism around ad-supported growth. Netflix Inc. (NFLX): One of the Best Stocks in the Mark Cuban Portfolio
• Neutral Sentiment: Several articles discussed Netflix’s long-term valuation and recent share-price weakness, but these pieces were mostly analytical rather than new catalysts, so they are less likely to drive immediate trading. A Look At Netflix (NFLX) Valuation As Long Term Gains Contrast With Recent Share Price Weakness
• Neutral Sentiment: Other headlines compared Netflix with Disney and revisited Netflix’s role in media and streaming, but they did not add a major new operational update for investors. Disney’s Next Battle Won’t Be Against Netflix

Netflix Stock Up 3.0%

Shares of NASDAQ NFLX opened at $89.65 on Tuesday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The firm has a fifty day simple moving average of $94.55 and a two-hundred day simple moving average of $94.64. The firm has a market capitalization of $377.50 billion, a PE ratio of 28.96, a price-to-earnings-growth ratio of 1.11 and a beta of 1.55. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. 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 prior year, the firm posted $6.61 EPS. Netflix’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. Equities analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have commented on NFLX shares. Piper Sandler reaffirmed an “overweight” rating and issued a $115.00 price objective (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Morgan Stanley reissued an “overweight” rating on shares of Netflix in a research note on Friday, April 17th. Wedbush reissued an “outperform” rating and issued a $118.00 target price on shares of Netflix in a research note on Thursday, April 16th. Finally, Barclays set a $110.00 target price on Netflix and gave the stock an “equal weight” rating in a research note on Friday, April 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat, Netflix presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.

Insider Activity at Netflix

In other news, insider David A. Hyman sold 5,722 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total transaction of $503,993.76. Following the sale, the insider owned 316,100 shares of the company’s stock, valued at $27,842,088. This trade represents a 1.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 9,253 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $88.95, for a total transaction of $823,054.35. Following the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. The trade was a 11.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,422,769 shares of company stock worth $135,144,073 in the last ninety days. 1.37% of the stock is currently owned by company insiders.

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.