Netflix, Inc. $NFLX Stake Increased by Pure Financial Advisors LLC

Pure Financial Advisors LLC lifted its holdings in Netflix, Inc. (NASDAQ:NFLXFree Report) by 1,045.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,242 shares of the Internet television network’s stock after buying an additional 27,601 shares during the period. Pure Financial Advisors LLC’s holdings in Netflix were worth $2,835,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Rehmann Capital Advisory Group raised its position in Netflix by 810.4% during the fourth quarter. Rehmann Capital Advisory Group now owns 25,701 shares of the Internet television network’s stock valued at $2,408,000 after buying an additional 22,878 shares during the period. SHP Wealth Management acquired a new stake in Netflix during the 4th quarter worth about $729,000. BSN CAPITAL PARTNERS Ltd increased its holdings in shares of Netflix by 1,840.2% in the 4th quarter. BSN CAPITAL PARTNERS Ltd now owns 1,280,556 shares of the Internet television network’s stock valued at $120,065,000 after purchasing an additional 1,214,556 shares during the period. Stenger Family Office LLC increased its holdings in shares of Netflix by 1,034.0% in the 4th quarter. Stenger Family Office LLC now owns 69,787 shares of the Internet television network’s stock valued at $6,543,000 after purchasing an additional 63,633 shares during the period. Finally, Financial Avengers Inc. lifted its position in shares of Netflix by 879.2% in the fourth quarter. Financial Avengers Inc. now owns 1,175 shares of the Internet television network’s stock worth $110,000 after purchasing an additional 1,055 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

Netflix Stock Performance

NFLX stock opened at $77.38 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $325.83 billion, a price-to-earnings ratio of 24.99, a P/E/G ratio of 0.98 and a beta of 1.50. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The firm has a 50 day moving average of $88.88 and a two-hundred day moving average of $90.14.

Netflix (NASDAQ:NFLXGet Free Report) last announced its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion for 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%. Netflix’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter 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, equities analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insider Transactions at Netflix

In other Netflix news, Director Bradford L. Smith sold 35,990 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the transaction, the director directly owned 79,690 shares in the company, valued at $6,177,568.80. This trade represents a 31.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,722 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the completion of the sale, the insider directly owned 316,100 shares of the company’s stock, valued at $27,842,088. This represents a 1.78% 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. Insiders sold a total of 1,349,019 shares of company stock valued at $123,105,721 in the last three months. 1.24% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

NFLX has been the subject of a number of research analyst reports. Oppenheimer set a $120.00 target price on shares of Netflix and gave the stock an “outperform” rating in a research report on Friday, April 17th. Citizens Jmp reaffirmed a “market perform” rating on shares of Netflix in a research note on Wednesday, April 15th. The Goldman Sachs Group lowered Netflix from a “neutral” rating to an “underweight” rating in a report on Thursday. KeyCorp reissued an “overweight” rating and set a $115.00 price objective (up from $108.00) on shares of Netflix in a research report on Tuesday, April 14th. Finally, Jefferies Financial Group lowered their target price on Netflix from $128.00 to $110.00 and set a “buy” rating on the stock in a research note on Wednesday, June 10th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $114.26.

Read Our Latest Stock Report on Netflix

About Netflix

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLXFree Report).

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.