Gerber Kawasaki Wealth & Investment Management Has $31.79 Million Stock Position in Netflix, Inc. $NFLX

Gerber Kawasaki Wealth & Investment Management increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 888.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 339,007 shares of the Internet television network’s stock after buying an additional 304,706 shares during the period. Netflix makes up 1.1% of Gerber Kawasaki Wealth & Investment Management’s holdings, making the stock its 27th biggest holding. Gerber Kawasaki Wealth & Investment Management’s holdings in Netflix were worth $31,785,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Summit Financial LLC lifted its position in Netflix by 748.6% during the 4th quarter. Summit Financial LLC now owns 199,497 shares of the Internet television network’s stock worth $18,705,000 after buying an additional 175,987 shares in the last quarter. Concorde Asset Management LLC lifted its position in Netflix by 964.3% during the 4th quarter. Concorde Asset Management LLC now owns 10,260 shares of the Internet television network’s stock worth $962,000 after buying an additional 9,296 shares in the last quarter. M1 Capital Management LLC lifted its position in Netflix by 942.2% during the 4th quarter. M1 Capital Management LLC now owns 4,346 shares of the Internet television network’s stock worth $407,000 after buying an additional 3,929 shares in the last quarter. United Capital Management of KS Inc. lifted its position in Netflix by 894.1% during the 4th quarter. United Capital Management of KS Inc. now owns 4,245 shares of the Internet television network’s stock worth $398,000 after buying an additional 3,818 shares in the last quarter. Finally, Howland Capital Management LLC lifted its position in Netflix by 905.2% during the 4th quarter. Howland Capital Management LLC now owns 23,310 shares of the Internet television network’s stock worth $2,186,000 after buying an additional 20,991 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Stock Performance

Shares of NFLX stock opened at $80.34 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The stock has a market cap of $338.30 billion, a PE ratio of 25.95, a price-to-earnings-growth ratio of 1.03 and a beta of 1.50. The stock has a 50-day moving average of $90.93 and a 200-day moving average of $91.11. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.Netflix’s revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the business posted $6.61 EPS. 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 Ratings Changes

Several research analysts recently issued reports on NFLX shares. Evercore started coverage on shares of Netflix in a research report on Friday, February 27th. They set an “outperform” rating and a $115.00 price target on the stock. Phillip Securities boosted their price objective on Netflix from $100.00 to $110.00 in a report on Monday, April 20th. HSBC boosted their price objective on Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, April 10th. The Goldman Sachs Group raised Netflix from a “neutral” rating to a “buy” rating in a report on Monday, April 13th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Netflix in a report on Thursday, June 4th. Two equities research 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $114.39.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Jim Cramer said, “I want to buy Netflix,” which can reinforce the view that the recent weakness is a buying opportunity rather than a sign of deteriorating fundamentals. Jim Cramer Says “I Want to Buy Netflix”
• Positive Sentiment: Analyst-focused articles noted that Netflix has fallen sharply since its last earnings report, but Wall Street still sees meaningful upside, suggesting valuation support if growth reaccelerates. Here’s What Dragging Netflix (NFLX) Down
• Positive Sentiment: Omdia forecast Netflix could approach 400 million subscribers by 2031, reinforcing the company’s long-term leadership in global streaming and supporting the bull case for future revenue growth. Omdia: Netflix to Reach 400 Million Subscribers by 2031
• Positive Sentiment: Netflix’s new FIFA gaming partnership adds another engagement lever, which could help reduce churn and strengthen subscriber retention over time. FIFA Deal Tests How Netflix Uses Games To Deepen Subscriber Engagement
• Neutral Sentiment: Commentary that Netflix remains a “high-quality compounder back on sale” reflects a favorable long-term view, but it does not add a new near-term catalyst. Netflix: A High-Quality Compounder Back On Sale
• Neutral Sentiment: Multiple articles framed Netflix as one of the better long-term stock ideas in the media space, but these are mostly opinion pieces rather than hard business updates. Netflix (NFLX): 10 Best Stocks to Buy Now For Next 3 Months
• Negative Sentiment: A price-target cut due to a lack of fresh catalysts points to investor concern that Netflix may need a clearer near-term driver to regain momentum. Netflix Stock Gets Price-Target Cut On Lack Of Catalysts
• Negative Sentiment: The proposed Paramount Skydance/Warner Bros. Discovery deal could create a larger streaming competitor, which is one reason Netflix publicly opposed the transaction. DOJ Clears Paramount Skydance’s $110 Billion Warner Bros. Discovery Acquisition Without Conditions

Insider Buying and Selling

In other news, CEO Theodore A. Sarandos sold 27,312 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the sale, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at $25,054,207.88. This represents a 8.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 9,253 shares of the company’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $6,563,353.65. This trade represents a 11.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,313,029 shares of company stock worth $120,315,776 over the last quarter. Insiders own 1.24% of the company’s stock.

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.