Netflix, Inc. $NFLX Shares Acquired by Fortem Financial Group LLC

Fortem Financial Group LLC raised its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 1,014.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,791 shares of the Internet television network’s stock after acquiring an additional 24,387 shares during the period. Fortem Financial Group LLC’s holdings in Netflix were worth $2,512,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Centric Wealth Management increased its position in shares of Netflix by 843.3% during the fourth quarter. Centric Wealth Management now owns 3,830 shares of the Internet television network’s stock valued at $359,000 after acquiring an additional 3,424 shares during the last quarter. Mirabaud Asset Management Ltd increased its position in shares of Netflix by 30.1% during the fourth quarter. Mirabaud Asset Management Ltd now owns 9,169 shares of the Internet television network’s stock valued at $860,000 after acquiring an additional 2,120 shares during the last quarter. Nicholas Company Inc. increased its position in shares of Netflix by 1,203.0% during the fourth quarter. Nicholas Company Inc. now owns 606,275 shares of the Internet television network’s stock valued at $56,844,000 after acquiring an additional 559,745 shares during the last quarter. Valeo Financial Advisors LLC increased its position in shares of Netflix by 998.5% during the fourth quarter. Valeo Financial Advisors LLC now owns 83,319 shares of the Internet television network’s stock valued at $7,812,000 after acquiring an additional 75,734 shares during the last quarter. Finally, 49 Wealth Management LLC increased its position in shares of Netflix by 2,456.5% during the fourth quarter. 49 Wealth Management LLC now owns 14,700 shares of the Internet television network’s stock valued at $1,378,000 after acquiring an additional 14,125 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Trading Down 0.0%

Shares of NFLX stock opened at $87.45 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a market capitalization of $368.22 billion, a P/E ratio of 28.25, a price-to-earnings-growth ratio of 1.11 and a beta of 1.55. The company has a 50 day moving average price of $95.44 and a 200 day moving average price of $95.75. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. The firm had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts predict that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insider Activity

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total transaction of $2,273,450.88. Following the completion of the transaction, the chief executive officer owned 122,140 shares in the company, valued at $10,166,933.60. The trade was a 18.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Spencer Adam Neumann sold 57,260 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the transaction, the chief financial officer owned 73,787 shares of the company’s stock, valued at $7,046,658.50. This trade represents a 43.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,453,217 shares of company stock worth $137,676,777. Insiders own 1.37% of the company’s stock.

Wall Street Analysts Forecast Growth

NFLX has been the subject of a number of recent analyst reports. Guggenheim set a $120.00 price target on shares of Netflix and gave the company a “buy” rating in a research report on Friday, April 17th. Erste Group Bank cut shares of Netflix from a “buy” rating to a “hold” rating in a report on Monday, April 27th. New Street Research lifted their price objective on shares of Netflix from $96.00 to $102.00 in a report on Friday, April 17th. Freedom Capital upgraded shares of Netflix from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, Wolfe Research restated an “outperform” rating and issued a $107.00 price objective on shares of Netflix in a report on Friday, April 17th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and fifteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Netflix has a consensus rating of “Moderate Buy” and a consensus price target of $114.82.

Trending Headlines about Netflix

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.