Netflix, Inc. $NFLX Shares Bought by Thrive Wealth Management LLC

Thrive Wealth Management LLC boosted its stake in Netflix, Inc. (NASDAQ:NFLX) by 885.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,338 shares of the Internet television network’s stock after acquiring an additional 5,695 shares during the period. Thrive Wealth Management LLC’s holdings in Netflix were worth $594,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its holdings in Netflix by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock worth $46,183,983,000 after buying an additional 142,238 shares during the last quarter. Contravisory Investment Management Inc. raised its position in shares of Netflix by 837.2% during the 4th quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network’s stock valued at $10,443,000 after acquiring an additional 99,496 shares in the last quarter. Grove Bank & Trust lifted its stake in Netflix by 1,379.8% during the fourth quarter. Grove Bank & Trust now owns 25,512 shares of the Internet television network’s stock worth $2,392,000 after purchasing an additional 23,788 shares during the last quarter. CIBC Capital Markets Europe S.A. boosted its holdings in Netflix by 171.4% in the third quarter. CIBC Capital Markets Europe S.A. now owns 66,503 shares of the Internet television network’s stock worth $79,732,000 after purchasing an additional 42,000 shares during the period. Finally, NorthCrest Asset Manangement LLC increased its stake in Netflix by 2,184.8% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 85,727 shares of the Internet television network’s stock valued at $7,841,000 after purchasing an additional 81,975 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: BTS livestream drew 18.4 million global viewers, underscoring Netflix’s ability to scale live and event programming that can attract large global audiences and boost engagement. BTS Seoul concert livestream draws 18.4 million global viewers, Netflix says
• Positive Sentiment: Citi resumed coverage with a Buy and $115 price target, citing improving profitability, pricing power and capital returns — a bullish analyst signal that can support upside. Citi Resumes Coverage of Netflix (NFLX) Stock
• Positive Sentiment: Erste upgraded NFLX from Hold to Buy — another vote of confidence from the sell‑side that can help sentiment and flow into the stock. Erste upgrade / Finviz
• Positive Sentiment: Netflix struck a first‑look partnership with Warner Music to develop music-focused and live-adjacent content — a potential lever for new viewer formats and advertising or sponsorship revenue. Is Netflix’s (NFLX) Warner Music Deal a Clue to Its Next Advertising Growth Lever?
• Neutral Sentiment: Several writeups are re‑assessing valuation after the recent pullback, providing numbers-driven views on whether current levels offer value; useful for investors weighing entry points. Is It Time To Reassess Netflix (NFLX) After Its Recent Share Price Pullback?
• Neutral Sentiment: Zacks and other outlets note Netflix is a trending/beat‑up name with improving short‑term sentiment — these pieces explain investor attention but don’t add new fundamentals. Here is What to Know Beyond Why Netflix, Inc. (NFLX) is a Trending Stock
• Negative Sentiment: Narratives around Netflix walking away from the Warner Bros. deal and prior failed talks are fueling concern about missed M&A catalysts and strategic uncertainty. What Comes Next After Netflix Walked Away From Warner?
• Negative Sentiment: Consumer surveys (Canada) show cash‑strapped households choosing lower‑priced, ad‑supported tiers — a reminder ad adoption could blunt ARPU gains and margin upside. NFLX, DIS, PSKY: New ‘Couch Potato Report’ Shows Cash-Strapped Canadians Choose to Stream with Ads
• Negative Sentiment: Commentators are using Netflix’s past deal setbacks to caution about larger market M&A dynamics, which may add to risk‑off sentiment for high‑beta growth names. Gary Black Cites Netflix-Warner Bros Deal To Caution Against SpaceX-Tesla Merger

Analyst Ratings Changes

A number of research analysts have recently issued reports on NFLX shares. Guggenheim reduced their price target on shares of Netflix from $145.00 to $130.00 and set a “buy” rating on the stock in a research report on Wednesday, January 21st. Argus dropped their price objective on shares of Netflix from $141.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Loop Capital set a $104.00 target price on shares of Netflix in a report on Tuesday, January 27th. Morgan Stanley set a $110.00 target price on Netflix and gave the company an “overweight” rating in a research note on Wednesday, January 21st. Finally, Citigroup started coverage on Netflix in a report on Wednesday, March 18th. They set a “buy” rating and a $115.00 target price for the company. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and an average price target of $114.35.

Netflix Stock Down 2.6%

NFLX stock opened at $90.92 on Wednesday. The stock has a market cap of $383.88 billion, a PE ratio of 35.98, a price-to-earnings-growth ratio of 1.43 and a beta of 1.68. The firm’s 50-day simple moving average is $86.96 and its 200 day simple moving average is $101.27. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51.

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

Insiders Place Their Bets

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 transaction of $2,824,859.40. Following the completion of the transaction, the director owned 79,690 shares in the company, valued at approximately $7,081,253.40. The trade was a 28.52% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Reed Hastings sold 426,290 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $91.67, for a total value of $39,078,004.30. Following the completion of the transaction, the director directly owned 3,940 shares of the company’s stock, valued at approximately $361,179.80. The trade was a 99.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,520,133 shares of company stock worth $137,259,786. 1.37% of the stock is owned by company insiders.

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.