Boothbay Fund Management LLC Purchases 6,521 Shares of Netflix, Inc. $NFLX

Boothbay Fund Management LLC lifted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 217.7% in the third quarter, HoldingsChannel.com reports. The firm owned 9,517 shares of the Internet television network’s stock after purchasing an additional 6,521 shares during the period. Boothbay Fund Management LLC’s holdings in Netflix were worth $11,410,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Brass Tax Wealth Management Inc. increased its holdings in Netflix by 3.2% during the 3rd quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock valued at $345,000 after purchasing an additional 9 shares during the period. Alight Capital Management LP raised its position in Netflix by 7.1% during the 3rd quarter. Alight Capital Management LP now owns 7,500 shares of the Internet television network’s stock valued at $8,992,000 after purchasing an additional 500 shares during the last quarter. Anchor Investment Management LLC lifted its holdings in Netflix by 4.6% in the 3rd quarter. Anchor Investment Management LLC now owns 6,481 shares of the Internet television network’s stock worth $7,770,000 after buying an additional 285 shares during the period. Aquatic Capital Management LLC bought a new stake in shares of Netflix in the 3rd quarter worth approximately $56,898,000. Finally, Argyle Capital Partners LLC grew its position in shares of Netflix by 3.8% in the 3rd quarter. Argyle Capital Partners LLC now owns 869 shares of the Internet television network’s stock worth $1,042,000 after buying an additional 32 shares during the last quarter. 80.93% of the stock is owned by institutional investors.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $95.31 on Friday. The company has a 50 day simple moving average of $86.57 and a two-hundred day simple moving average of $102.80. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The company has a market capitalization of $402.41 billion, a price-to-earnings ratio of 37.72, a P/E/G ratio of 1.46 and a beta of 1.68. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. The firm had revenue of $12.05 billion for the quarter, compared to analysts’ expectations of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Analysts expect that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Sanford C. Bernstein restated a “buy” rating on shares of Netflix in a report on Wednesday, February 18th. Wedbush reiterated an “outperform” rating and issued a $115.00 price target on shares of Netflix in a report on Friday, February 20th. Argus cut their price target on shares of Netflix from $141.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Rothschild & Co Redburn set a $120.00 price objective on shares of Netflix in a research report on Wednesday, January 21st. Finally, Bank of America decreased their price objective on shares of Netflix from $149.00 to $125.00 and set a “buy” rating for the company in a report on Friday, March 6th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, Netflix presently has an average rating of “Moderate Buy” and an average target price of $114.67.

Insider Buying and Selling at Netflix

In other Netflix news, Director Bradford L. Smith sold 31,790 shares of the business’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $88.86, for a total value of $2,824,859.40. Following the sale, the director directly owned 79,690 shares of the company’s stock, valued at approximately $7,081,253.40. The trade was a 28.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Spencer Adam Neumann sold 57,260 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $95.50, for a total value of $5,468,330.00. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $7,046,658.50. This represents a 43.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,520,133 shares of company stock valued at $137,259,786 in the last ninety days. Corporate insiders own 1.37% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is acquiring InterPositive, Ben Affleck’s AI moviemaking startup, in a deal reported to be as much as $600 million — a strategic move to accelerate AI tools for editing and production that could lower content costs and speed releases. MarketWatch: Netflix is spending up to $600 million to buy Ben Affleck’s AI startup
• Positive Sentiment: Netflix confirmed a sequel to its most-watched film ever, “KPop Demon Hunters,” supporting continued strong content performance and subscriber engagement. Reuters: More demons, more K-pop: Netflix announces ‘KPop Demon Hunters’ sequel
• Positive Sentiment: Netflix is expanding into games and live streaming (hires and tech partnerships reported), signaling new revenue adjacencies beyond SVOD that could improve monetization over time. Yahoo Finance: Netflix Expands Games And Live Streaming
• Neutral Sentiment: The company set its Q1 2026 earnings release for April 16, giving the market a date to reassess growth, margins and guidance — an event risk but also an information catalyst. PR Newswire: Netflix to Announce First Quarter 2026 Financial Results
• Neutral Sentiment: High investor attention and bullish commentary (e.g., some strategists buying after the company dropped the Warner Bros. Discovery deal) are driving flows and sentiment—but they don’t guarantee fundamentals will beat expectations. Zacks: Netflix is Attracting Investor Attention
• Negative Sentiment: Reports of internal product-team cuts and a reorg could signal cost pressure or execution risk; layoffs can reduce near-term innovation velocity and unsettle employees. Benzinga: Netflix Cuts Dozens Of Product Team Jobs Amid Internal Restructuring
• Negative Sentiment: The sizable InterPositive price tag (reported up to $600M) creates near-term cash outflow and integration risk; investors may worry about payback timing and execution on promised AI cost savings. TechCrunch: Netflix may have paid $600 million for Ben Affleck’s AI startup

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.