Cassaday & Co Wealth Management LLC Purchases 80,820 Shares of Netflix, Inc. $NFLX

Cassaday & Co Wealth Management LLC grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 934.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 89,470 shares of the Internet television network’s stock after purchasing an additional 80,820 shares during the period. Cassaday & Co Wealth Management LLC’s holdings in Netflix were worth $8,389,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NFLX. First Financial Corp IN increased its holdings in Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. increased its holdings in Netflix by 885.2% during the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares in the last quarter. Turning Point Benefit Group Inc. increased its holdings in Netflix by 13,400.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares in the last quarter. Imprint Wealth LLC bought a new stake in Netflix during the 3rd quarter worth approximately $25,000. Finally, MB Levis & Associates LLC increased its holdings in Netflix by 177.8% during the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after purchasing an additional 192 shares in the last quarter. 80.93% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have commented on NFLX. JPMorgan Chase & Co. reissued a “buy” rating on shares of Netflix in a report on Wednesday, April 22nd. Wedbush reissued an “outperform” rating and set a $118.00 price objective on shares of Netflix in a report on Thursday, April 16th. Needham & Company LLC restated a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Pivotal Research set a $96.00 target price on Netflix and gave the stock a “hold” rating in a research note on Friday, April 17th. Finally, Moffett Nathanson boosted their target price on Netflix from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.82.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Sector/company buyback talk could provide support to the shares over time as buybacks reduce float and signal capital?return discipline. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Positive Sentiment: Some analyst pieces argue Netflix’s near term is “soft” but the bull case is stronger in H2 (timing of content, ad revenue cadence and margin improvements), which can support a recovery if execution meets expectations. Netflix’s First Half Is Soft. The Second Half Is Where the Bull Case Lives
• Neutral Sentiment: Warner Bros. Discovery reported a large one?time charge tied to a termination fee connected to the almost?acquisition saga (coverage highlights the fee and WBD’s resulting loss). This is an M&A accounting item in the wider media sector—relevant to Netflix’s cash/settlement story but not a recurring revenue signal. Warner Bros. Discovery Logs $2.92 Billion Loss Tied to Netflix Termination Fee
• Neutral Sentiment: Market commentary and technical analyses are mixed — some argue the post?earnings pullback is overdone while others point to continued volatility; these views temper but do not eliminate near?term downside risk. Is It Time To Reassess Netflix After Recent Share Price Weakness
• Negative Sentiment: Significant insider selling this week: CEO Greg Peters sold 27,312 shares (~$88.69 avg) and CFO Spencer Neumann sold 9,253 shares (~$88.95 avg) (SEC filings), plus other insider sales including a large, pre?arranged sale by co?founder Reed Hastings and a tax?related sale by David Hyman. Large, visible insider exits increase perceived supply pressure and amplify short?term selling. Gregory K. Peters Form 4 Spencer A. Neumann Form 4
• Negative Sentiment: Analyst/technical pressure — several notes and market comments point to clustered price targets under previous highs and resistance near ~$100, which, together with short positioning, helps explain intraday weakness. What’s Going On With Netflix Stock?

Insider Transactions at Netflix

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $83.24, for a total transaction of $2,273,450.88. Following the sale, the chief executive officer owned 122,140 shares in the company, valued at $10,166,933.60. This represents a 18.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Reed Hastings sold 420,550 shares of the stock in a transaction on 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 sale, the director owned 3,940 shares in the company, valued at approximately $376,230.60. This represents a 99.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,458,944 shares of company stock worth $138,141,007 in the last ninety days. Company insiders own 1.37% of the company’s stock.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $88.27 on Friday. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The stock’s 50 day moving average price is $95.44 and its 200-day moving average price is $96.08. The company has a market capitalization of $371.70 billion, a PE ratio of 28.51, a PEG ratio of 1.13 and a beta of 1.55. 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 announced its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates 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 previous year, the business earned $6.61 EPS. The company’s revenue 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, equities analysts anticipate that Netflix, Inc. will post 3.56 EPS for the current year.

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.