Simmons Bank Purchases 34,810 Shares of Netflix, Inc. $NFLX

Simmons Bank boosted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 947.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 38,485 shares of the Internet television network’s stock after purchasing an additional 34,810 shares during the period. Simmons Bank’s holdings in Netflix were worth $3,700,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. First Financial Corp IN grew its holdings in shares of Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after buying an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. raised its holdings in Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. raised its holdings in Netflix by 13,400.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 268 shares during the last quarter. Imprint Wealth LLC purchased a new stake in Netflix during the 3rd quarter valued at $25,000. Finally, Cornerstone Financial Management LLC bought a new stake in shares of Netflix in the 4th quarter worth $26,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix continues to expand its advertising platform, with new tools and broader advertiser access that could strengthen ad revenue growth and improve monetization. NFLX Continues to Expand Its Advertising Platform: What’s Ahead?
• Positive Sentiment: Netflix’s AI-driven ad creative collaboration with Omnicom suggests the company is deepening its advertising ecosystem, which may support future growth. Omnicom Media, Netflix (NFLX) Partner for AI-Powered Ad Creative Collaboration
• Positive Sentiment: Some analysts remain constructive, with coverage noting upside tied to live sports, AI, and broader platform expansion. Netflix (NFLX) Stock Hits Bottom and Bounces: Why Analysts See 49% Upside Ahead

Insider Buying and Selling at Netflix

In other news, Director Bradford L. Smith sold 35,990 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the completion of the sale, the director owned 79,690 shares of the company’s stock, valued at $6,177,568.80. The trade was a 31.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total value of $2,422,301.28. Following the completion of the sale, the chief executive officer owned 120,931 shares of the company’s stock, valued at $10,725,370.39. This trade represents a 18.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,349,019 shares of company stock valued at $123,105,721 in the last quarter. Insiders own 1.24% of the company’s stock.

Netflix Price Performance

NASDAQ NFLX opened at $73.75 on Tuesday. The stock has a market capitalization of $310.55 billion, a price-to-earnings ratio of 23.82, a PEG ratio of 0.94 and a beta of 1.50. Netflix, Inc. has a 1-year low of $70.86 and a 1-year high of $134.12. 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 business’s fifty day moving average price is $85.01 and its 200-day moving average price is $88.78.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current year.

Wall Street Analyst Weigh In

NFLX has been the subject of several recent analyst reports. Moffett Nathanson decreased their price target on Netflix from $120.00 to $115.00 and set a “buy” rating for the company in a research note on Wednesday, June 17th. Piper Sandler reaffirmed an “overweight” rating and set a $115.00 price objective (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. Pivotal Research set a $96.00 price objective on Netflix and gave the stock a “hold” rating in a report on Friday, April 17th. Erste Group Bank lowered Netflix from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Needham & Company LLC restated a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, sixteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and an average price target of $114.26.

Netflix Company 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.