Cascade Financial Partners LLC Raises Holdings in Netflix, Inc. $NFLX

Cascade Financial Partners LLC increased its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 1,021.3% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,096 shares of the Internet television network’s stock after purchasing an additional 7,374 shares during the quarter. Cascade Financial Partners LLC’s holdings in Netflix were worth $759,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in the company. GLOBALT Investments LLC GA increased its position in shares of Netflix by 832.6% during the fourth quarter. GLOBALT Investments LLC GA now owns 47,330 shares of the Internet television network’s stock worth $4,438,000 after purchasing an additional 42,255 shares in the last quarter. Blume Capital Management Inc. increased its position in shares of Netflix by 900.0% during the fourth quarter. Blume Capital Management Inc. now owns 530 shares of the Internet television network’s stock worth $50,000 after purchasing an additional 477 shares in the last quarter. Sequent Planning LLC purchased a new stake in shares of Netflix during the fourth quarter worth approximately $1,098,000. Spectrum Strategic Capital Management LLC boosted its stake in Netflix by 2,067.4% during the fourth quarter. Spectrum Strategic Capital Management LLC now owns 10,382 shares of the Internet television network’s stock worth $973,000 after buying an additional 9,903 shares during the last quarter. Finally, Sherry Group Inc. acquired a new position in Netflix during the fourth quarter worth $1,878,000. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Reed Hastings sold 420,550 shares of the stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the transaction, the director owned 3,940 shares in the company, valued at approximately $376,230.60. This represents a 99.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,722 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the transaction, the insider owned 316,100 shares in the company, valued at $27,842,088. This represents a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 1,422,769 shares of company stock worth $135,144,073. 1.24% of the stock is currently owned by company insiders.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Several analysts reaffirmed bullish ratings and targets, citing Netflix’s expanding ad tier, strong engagement, and improving monetization outlook.
• Positive Sentiment: Netflix extended its relationship with the NFL and will stream more games, adding another high-profile live content driver that could help attract viewers and advertisers.
• Positive Sentiment: Netflix is also building out event-based programming, including its first live MMA card and a concert tour tied to KPop Demon Hunters, which reinforces its push beyond traditional streaming.

Netflix Price Performance

NFLX opened at $87.02 on Monday. The stock’s 50-day moving average price is $94.74 and its 200 day moving average price is $94.67. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12. The firm has a market cap of $366.42 billion, a price-to-earnings ratio of 28.11, a PEG ratio of 1.11 and a beta of 1.55.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results 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. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company 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. Netflix’s revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, sell-side analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Robert W. Baird lowered their price objective on Netflix from $150.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. Barclays set a $110.00 price objective on Netflix and gave the stock an “equal weight” rating in a research note on Friday, April 17th. Jefferies Financial Group lowered their price objective on Netflix from $134.00 to $128.00 and set a “buy” rating on the stock in a research note on Friday, April 17th. Moffett Nathanson boosted their price objective on Netflix from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Finally, Citic Securities boosted their price objective on Netflix from $95.00 to $107.00 and gave the stock a “hold” rating in a research note on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $114.82.

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.