Netflix, Inc. $NFLX Shares Bought by Clearbridge Investments LLC

Clearbridge Investments LLC lifted its holdings in Netflix, Inc. (NASDAQ:NFLX) by 924.7% during the fourth quarter, HoldingsChannel reports. The firm owned 16,671,024 shares of the Internet television network’s stock after purchasing an additional 15,044,113 shares during the period. Netflix comprises 1.2% of Clearbridge Investments LLC’s investment portfolio, making the stock its 9th biggest position. Clearbridge Investments LLC’s holdings in Netflix were worth $1,563,075,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Ackerman Capital Advisors LLC increased its stake in Netflix by 900.0% during the fourth quarter. Ackerman Capital Advisors LLC now owns 7,870 shares of the Internet television network’s stock valued at $738,000 after acquiring an additional 7,083 shares during the period. SouthState Bank Corp boosted its holdings in shares of Netflix by 952.8% in the 4th quarter. SouthState Bank Corp now owns 3,390 shares of the Internet television network’s stock worth $318,000 after acquiring an additional 3,068 shares in the last quarter. Syon Capital LLC boosted its holdings in shares of Netflix by 734.5% in the 4th quarter. Syon Capital LLC now owns 58,806 shares of the Internet television network’s stock worth $5,514,000 after acquiring an additional 51,759 shares in the last quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new position in shares of Netflix in the 4th quarter worth approximately $16,971,000. Finally, Strategic Wealth Investment Group LLC boosted its holdings in shares of Netflix by 685.1% in the 4th quarter. Strategic Wealth Investment Group LLC now owns 56,822 shares of the Internet television network’s stock worth $5,328,000 after acquiring an additional 49,584 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is getting a boost from reports that Canada reversed a requirement that U.S. streaming services contribute part of local revenue to Canadian content, removing a potential cost/regulatory headwind. Netflix Stock Rises After Eight-Day Losing Streak. What’s Fueling the Move.
• Positive Sentiment: Netflix is expanding AI-driven viewing tools and content discovery features, including more personalized recommendations and a voice-based interface, which could improve engagement and retention. Netflix Bets On AI Tools As Stock Trades Below Analyst Targets
• Positive Sentiment: Bernstein said Netflix’s core business remains strong, reinforcing the view that the company’s underlying growth engine is intact despite recent weakness in the stock. “Don’t Ignore This,” Bernstein Analyst Says Netflix’s (NFLX) Core Engine Remains Strong
• Positive Sentiment: Wall Street commentary remains broadly optimistic, with analysts keeping a constructive view on Netflix after its strong earnings and revenue beat last quarter. Wall Street Bulls Look Optimistic About Netflix (NFLX): Should You Buy?

Analysts Set New Price Targets

NFLX has been the topic of several recent analyst reports. New Street Research boosted their target price on Netflix from $96.00 to $102.00 in a report on Friday, April 17th. Guggenheim reissued a “buy” rating and issued a $120.00 target price on shares of Netflix in a report on Friday, May 15th. Daiwa Securities Group boosted their target price on Netflix from $97.00 to $102.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. President Capital boosted their target price on Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a report on Tuesday, March 31st. Finally, Moffett Nathanson boosted their target price on Netflix from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and an average target price of $114.82.

Insider Activity at Netflix

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the company’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the completion of the sale, the chief executive officer owned 120,931 shares in the company, valued at approximately $10,725,370.39. The trade was a 18.42% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Theodore A. Sarandos sold 27,312 shares of the company’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 owned 284,804 shares of the company’s stock, valued at $25,054,207.88. The trade was a 8.75% decrease in their position. 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 ninety days, insiders have sold 1,313,029 shares of company stock worth $120,315,776. 1.24% of the stock is owned by company insiders.

Netflix Stock Up 0.8%

NASDAQ:NFLX opened at $82.18 on Friday. The stock’s fifty day moving average price is $92.21 and its two-hundred day moving average price is $92.07. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The company has a market cap of $346.04 billion, a price-to-earnings ratio of 26.54, a P/E/G ratio of 1.04 and a beta of 1.50.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter in the prior year, the business earned $6.61 EPS. 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. On average, analysts anticipate 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.