Netflix, Inc. $NFLX Shares Bought by Financial Partners Group Inc

Financial Partners Group Inc raised its stake in Netflix, Inc. (NASDAQ:NFLX) by 919.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,879 shares of the Internet television network’s stock after buying an additional 8,910 shares during the quarter. Financial Partners Group Inc’s holdings in Netflix were worth $926,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. LJI Wealth Management LLC lifted its position in shares of Netflix by 917.6% during the fourth quarter. LJI Wealth Management LLC now owns 8,110 shares of the Internet television network’s stock worth $760,000 after purchasing an additional 7,313 shares in the last quarter. Manning & Napier Advisors LLC lifted its position in shares of Netflix by 832.6% during the fourth quarter. Manning & Napier Advisors LLC now owns 830 shares of the Internet television network’s stock worth $78,000 after purchasing an additional 741 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in shares of Netflix by 2,205.5% during the fourth quarter. Crossmark Global Holdings Inc. now owns 406,097 shares of the Internet television network’s stock worth $38,076,000 after purchasing an additional 388,483 shares in the last quarter. Ethic Inc. lifted its position in shares of Netflix by 968.4% during the fourth quarter. Ethic Inc. now owns 485,365 shares of the Internet television network’s stock worth $45,508,000 after purchasing an additional 439,934 shares in the last quarter. Finally, Ballentine Partners LLC lifted its position in shares of Netflix by 902.3% during the fourth quarter. Ballentine Partners LLC now owns 69,281 shares of the Internet television network’s stock worth $6,496,000 after purchasing an additional 62,369 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on the stock. KeyCorp reissued an “overweight” rating and set a $115.00 price target (up from $108.00) on shares of Netflix in a research report on Tuesday, April 14th. Wedbush reissued an “outperform” rating and set a $118.00 price target on shares of Netflix in a research report on Thursday, April 16th. BMO Capital Markets reduced their price target on shares of Netflix from $143.00 to $135.00 and set an “outperform” rating on the stock in a research report on Wednesday, January 21st. Royal Bank Of Canada reissued a “hold” rating on shares of Netflix in a research report on Wednesday, January 21st. Finally, The Goldman Sachs Group raised shares of Netflix from a “neutral” rating to a “buy” rating in a research report on Monday, April 13th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fifteen have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $114.82.

Netflix Stock Down 0.9%

NFLX stock opened at $87.45 on Friday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The company’s 50 day moving average is $95.44 and its two-hundred day moving average is $96.08. The stock has a market cap of $368.22 billion, a P/E ratio of 28.25, a PEG ratio of 1.12 and a beta of 1.55.

Netflix (NASDAQ:NFLX) last announced its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. The business 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%. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period last year, the firm posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Research analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Insider Activity

In other Netflix news, CFO Spencer Adam Neumann sold 9,253 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Reed Hastings sold 407,550 shares of Netflix stock in a transaction on Friday, May 1st. The stock was sold at an average price of $93.13, for a total value of $37,955,131.50. Following the transaction, the director directly owned 3,940 shares of the company’s stock, valued at $366,932.20. This trade represents a 99.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,458,944 shares of company stock valued at $138,141,007. 1.37% of the stock is currently owned by company insiders.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Strong early reviews for Netflix’s new drama Remarkably Bright Creatures suggest a programming win that could help engagement and subscriber retention. Remarkably Bright Creatures Review
• Positive Sentiment: Recent analyst commentary remains constructive, with several firms maintaining or raising price targets and broader coverage still pointing to a “Moderate Buy” view. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Neutral Sentiment: Warner Bros. Discovery’s large quarterly loss included a $2.8 billion Netflix-related termination fee, but this is primarily an M&A accounting item for WBD rather than a direct operating signal for Netflix. WBD Logs $2.92B Loss
• Neutral Sentiment: Jim Cramer said Netflix is “not a buy, buy, buy,” reflecting caution around competition in streaming, but it was more of a valuation/positioning comment than a formal downgrade. Jim Cramer on Netflix
• Negative Sentiment: CEO Gregory K. Peters sold 27,312 shares and CFO Spencer Adam Neumann sold 9,253 shares on May 7, adding to recent insider selling and likely weighing on investor sentiment. Netflix Insider Selling
• Negative Sentiment: Technical and trading commentary points to continued weakness after the recent pullback, with the stock still below key moving averages and some investors questioning near-term upside. Is It Time To Reassess Netflix?

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.