State of Wyoming Boosts Stock Holdings in Netflix, Inc. $NFLX

State of Wyoming boosted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 401.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,126 shares of the Internet television network’s stock after purchasing an additional 8,908 shares during the period. State of Wyoming’s holdings in Netflix were worth $1,043,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Harold Davidson & Associates Inc. raised its stake in Netflix by 974.5% during the fourth quarter. Harold Davidson & Associates Inc. now owns 5,813 shares of the Internet television network’s stock worth $545,000 after purchasing an additional 5,272 shares during the period. Crescent Grove Advisors LLC raised its stake in Netflix by 789.5% during the fourth quarter. Crescent Grove Advisors LLC now owns 2,295 shares of the Internet television network’s stock worth $215,000 after purchasing an additional 2,037 shares during the period. TD Asset Management Inc raised its stake in Netflix by 730.5% during the fourth quarter. TD Asset Management Inc now owns 4,478,885 shares of the Internet television network’s stock worth $419,940,000 after purchasing an additional 3,939,555 shares during the period. Cibc World Market Inc. raised its stake in Netflix by 924.5% during the fourth quarter. Cibc World Market Inc. now owns 1,117,660 shares of the Internet television network’s stock worth $104,792,000 after purchasing an additional 1,008,572 shares during the period. Finally, Intellectus Partners LLC raised its stake in Netflix by 709.6% during the fourth quarter. Intellectus Partners LLC now owns 19,220 shares of the Internet television network’s stock worth $1,802,000 after purchasing an additional 16,846 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is still expanding beyond core streaming, with new live-content initiatives and franchise-based consumer product partnerships that could create additional revenue streams over time. A Look At Netflix (NFLX) Valuation As Live Content And Franchise Deals Broaden Its Business Model
• Positive Sentiment: Some commentary says Netflix may be attractively valued after the recent pullback, pointing to improved free cash flow guidance and a growing advertising business. Has Netflix Become More of a Value Stock Than a Growth Stock?
• Neutral Sentiment: Investors and analysts are debating whether Netflix is evolving from a pure growth stock into a more mature, value-like business, which may influence how the market prices the shares going forward. Amid the Artificial Intelligence (AI) Bonanza, Investors Might be Overlooking a Big Opportunity to Buy Netflix Stock
• Negative Sentiment: Netflix’s stock is falling even as the broader market has been stronger, reflecting weak momentum and concern that the shares may still be vulnerable after their earlier run-up. Netflix (NFLX) Stock Falls Amid Market Uptick: What Investors Need to Know
• Negative Sentiment: Director Reed Hastings sold 386,700 shares in a pre-arranged 10b5-1 plan, adding to negative sentiment even though the sale was not discretionary. Insider Selling: Netflix (NASDAQ:NFLX) Director Sells 386,700 Shares of Stock

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on NFLX shares. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Netflix in a research note on Thursday, May 14th. Needham & Company LLC reissued a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Oppenheimer set a $120.00 price objective on shares of Netflix and gave the stock an “outperform” rating in a research report on Friday, April 17th. The Goldman Sachs Group raised shares of Netflix from a “neutral” rating to a “buy” rating in a research report on Monday, April 13th. Finally, Wolfe Research reissued an “outperform” rating and issued a $107.00 price objective on shares of Netflix in a research report on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.82.

Insider Buying and Selling at Netflix

In related news, insider David A. Hyman sold 5,722 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the sale, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. This trade represents a 1.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Theodore A. Sarandos sold 27,312 shares of the firm’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 sale, 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 disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 1,313,029 shares of company stock worth $120,315,776. 1.24% of the stock is currently owned by insiders.

Netflix Price Performance

Netflix stock opened at $81.52 on Thursday. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The firm has a fifty day moving average of $92.59 and a 200-day moving average of $92.67. The firm has a market capitalization of $343.26 billion, a P/E ratio of 26.33, a PEG ratio of 1.06 and a beta of 1.50. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX) last released its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share 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 28.52% and a return on equity of 40.92%. The business’s revenue was up 16.2% on a year-over-year basis. During the same period last year, the business earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, analysts predict that Netflix, Inc. will post 3.6 EPS for the current year.

Netflix 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.