Netflix, Inc. $NFLX Shares Purchased by Kesler Norman & Wride LLC

Kesler Norman & Wride LLC increased its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 3,052.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,775 shares of the Internet television network’s stock after acquiring an additional 85,959 shares during the quarter. Netflix comprises approximately 1.4% of Kesler Norman & Wride LLC’s portfolio, making the stock its 17th largest holding. Kesler Norman & Wride LLC’s holdings in Netflix were worth $8,324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of NFLX. First Financial Corp IN raised its stake in Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. raised its stake in Netflix by 885.2% during 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 in the last quarter. Turning Point Benefit Group Inc. raised its stake in Netflix by 13,400.0% during 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 in the last quarter. Imprint Wealth LLC acquired a new stake in Netflix during the 3rd quarter worth $25,000. Finally, MB Levis & Associates LLC raised its stake in Netflix by 177.8% during the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after acquiring an additional 192 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Stock Down 2.9%

NFLX stock opened at $83.33 on Wednesday. The company has a market cap of $350.89 billion, a P/E ratio of 26.92, a P/E/G ratio of 1.09 and a beta of 1.50. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The company’s 50-day moving average price is $93.00 and its 200 day moving average price is $93.09. 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 (NASDAQ:NFLX) last released its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter in the previous year, the firm earned $6.61 earnings per share. The firm’s revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on NFLX shares. Guggenheim reiterated a “buy” rating and set a $120.00 price target on shares of Netflix in a research note on Friday, May 15th. The Goldman Sachs Group upgraded shares of Netflix from a “neutral” rating to a “buy” rating in a research note on Monday, April 13th. Erste Group Bank lowered shares of Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. TD Cowen restated a “buy” rating on shares of Netflix in a research note on Thursday, May 14th. Finally, Raymond James Financial restated a “market perform” rating on shares of Netflix in a research note on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Netflix has a consensus rating of “Moderate Buy” and an average price target of $114.82.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix continues to expand beyond core streaming, with new live-content initiatives and franchise-based consumer product deals that could create additional revenue streams over time.
• Positive Sentiment: Some analysts view Netflix as attractively priced after the pullback, noting that it is trading closer to its 52-week low while free cash flow guidance has improved and the ad business is scaling.
• Neutral Sentiment: Recent commentary focuses on whether Netflix has shifted from a pure growth story toward a more mature, value-like profile, which could change how investors judge the stock.
• Neutral Sentiment: Media coverage on June streaming lineups may help keep Netflix’s content slate in view, but it is not a clear near-term catalyst on its own.
• Negative Sentiment: Netflix stock has been falling even as the broader market rises, reflecting weaker momentum and investor concerns about its premium valuation relative to recent performance.
• Negative Sentiment: Director Reed Hastings sold 386,700 shares in a pre-arranged 10b5-1 plan, which may add to negative sentiment even though the sale was planned in advance.

Insider Buying and Selling

In other Netflix news, CEO Theodore A. Sarandos sold 27,312 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the sale, the chief executive officer owned 284,804 shares of the company’s stock, valued at $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 386,700 shares of the company’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $85.97, for a total transaction of $33,244,599.00. Following the completion of the sale, the director directly owned 3,940 shares in the company, valued at $338,721.80. This trade represents a 98.99% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,313,029 shares of company stock valued at $120,315,776. 1.24% of the stock is owned by company insiders.

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.