Netflix, Inc. $NFLX Shares Purchased by GPS Wealth Strategies Group LLC

GPS Wealth Strategies Group LLC boosted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 195.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 10,350 shares of the Internet television network’s stock after buying an additional 6,843 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Netflix were worth $970,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Planning Alternatives Ltd. ADV boosted its stake in Netflix by 1,023.6% in the 4th quarter. Planning Alternatives Ltd. ADV now owns 4,528 shares of the Internet television network’s stock worth $425,000 after buying an additional 4,125 shares during the last quarter. Associated Banc Corp boosted its stake in Netflix by 1,261.5% in the 4th quarter. Associated Banc Corp now owns 101,542 shares of the Internet television network’s stock worth $9,521,000 after buying an additional 94,084 shares during the last quarter. CFO4Life Group LLC boosted its stake in Netflix by 900.4% in the 4th quarter. CFO4Life Group LLC now owns 4,542 shares of the Internet television network’s stock worth $426,000 after buying an additional 4,088 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in Netflix by 905.4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 62,036 shares of the Internet television network’s stock worth $5,816,000 after buying an additional 55,866 shares during the last quarter. Finally, Delta Financial Advisors LLC raised its holdings in shares of Netflix by 1,156.8% in the 4th quarter. Delta Financial Advisors LLC now owns 5,505 shares of the Internet television network’s stock worth $516,000 after purchasing an additional 5,067 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Stock Down 0.8%

NASDAQ NFLX opened at $88.60 on Friday. The business has a 50 day moving average price of $93.88 and a two-hundred day moving average price of $94.06. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a market cap of $373.08 billion, a PE ratio of 28.62, a P/E/G ratio of 1.13 and a beta of 1.55.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. During the same period in the previous year, the company posted $6.61 earnings per share. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, sell-side analysts predict that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insider Buying and Selling at Netflix

In other news, CEO Theodore A. Sarandos sold 27,312 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the transaction, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at approximately $25,054,207.88. The trade was a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 420,550 shares of the business’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the transaction, the director directly owned 3,940 shares in the company, valued at approximately $376,230.60. The trade was a 99.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 1,422,769 shares of company stock valued at $135,144,073. 1.24% of the stock is owned by company insiders.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s ad-supported tier has surpassed 250 million monthly viewers, reinforcing the company’s advertising growth story and supporting the bull case for future revenue expansion. Netflix ad-supported tier tops 250M monthly viewers as sports push deepens
• Positive Sentiment: Netflix is deepening its partnership with iHeartMedia by streaming “The Breakfast Club” live daily, a sign it is pushing further into live and podcast-style programming that could broaden engagement and ad inventory. iHeartMedia and Netflix Deepen Partnership with Daily Live Video Stream of The Breakfast Club
• Positive Sentiment: CNBC highlighted Netflix as a “final trade,” suggesting some short-term trading interest from market watchers. IBM, ServiceNow, Netflix And A Basic Materials Stock: CNBC’s ‘Final Trades’
• Neutral Sentiment: BetterInvesting questioned whether Netflix is fairly valued after its recent report, which keeps the stock in “show-me” territory even after strong earnings and revenue growth. BetterInvesting™ Magazine Update on Netflix (NASDAQ: NFLX) and ExlService Holdings Inc. (NASDAQ: EXLS)
• Neutral Sentiment: Analyst commentary noted Netflix as a possible suitor if IMAX is sold, but this is speculative and not a confirmed deal driver. IMAX Potential Suitors Include Netflix, Apple, Wedbush Says
• Negative Sentiment: Canada’s new streaming rules would require Netflix to contribute a larger share of domestic revenue to Canadian content, raising compliance costs for the business. Canada Raises Streaming Content Requirement to 15% for Netflix, Disney, Amazon
• Negative Sentiment: Separate reporting also flagged higher costs from the same Canadian policy change, adding a modest regulatory headwind for Netflix and other streamers. Netflix, Spotify to face higher costs as CRTC changes rules

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Wolfe Research restated an “outperform” rating and issued a $107.00 price objective on shares of Netflix in a report on Friday, April 17th. Pivotal Research set a $96.00 price objective on Netflix and gave the stock a “hold” rating in a report on Friday, April 17th. DZ Bank restated a “buy” rating on shares of Netflix in a report on Friday, April 17th. Huber Research upgraded Netflix from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 27th. Finally, Arete Research upgraded Netflix from a “neutral” rating to a “buy” rating in a report on Friday, February 27th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $114.82.

Netflix Company Profile

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.