Illinois Municipal Retirement Fund Has $28.58 Million Stock Holdings in Netflix, Inc. $NFLX

Illinois Municipal Retirement Fund boosted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 916.6% in the fourth quarter, Holdings Channel reports. The firm owned 304,862 shares of the Internet television network’s stock after purchasing an additional 274,873 shares during the period. Illinois Municipal Retirement Fund’s holdings in Netflix were worth $28,584,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. J.Safra Asset Management Corp increased its stake in Netflix by 2,141.4% in the fourth quarter. J.Safra Asset Management Corp now owns 33,822 shares of the Internet television network’s stock valued at $3,171,000 after purchasing an additional 32,313 shares in the last quarter. GWN Securities Inc. boosted its position in shares of Netflix by 796.6% during the fourth quarter. GWN Securities Inc. now owns 4,429 shares of the Internet television network’s stock worth $415,000 after purchasing an additional 3,935 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Netflix by 1,348.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,266,701 shares of the Internet television network’s stock valued at $118,766,000 after buying an additional 1,179,277 shares during the period. Metis Global Partners LLC grew its holdings in shares of Netflix by 850.4% in the 4th quarter. Metis Global Partners LLC now owns 223,678 shares of the Internet television network’s stock valued at $20,972,000 after buying an additional 200,142 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. increased its position in shares of Netflix by 1,024.5% in the 4th quarter. Financiere des Professionnels Fonds d investissement inc. now owns 47,330 shares of the Internet television network’s stock valued at $4,438,000 after buying an additional 43,121 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Evercore ISI reiterated a Buy rating and kept its $115 price target, citing upside from Netflix’s ad-supported tier and continued international expansion. Article Title
• Positive Sentiment: Several bullish notes highlighted growing ad revenue, strong cash flow, and the view that the recent pullback may offer a long-term buying opportunity for investors. Article Title
• Positive Sentiment: Netflix expanded its revamped mobile app across Asia and is increasing its focus on kids’ gaming, reinforcing growth initiatives beyond core streaming. Article Title
• Neutral Sentiment: Jefferies lowered its price target to $110 from $128 but kept a Buy rating, suggesting the stock still has upside but with fewer immediate catalysts. Article Title
• Neutral Sentiment: Netflix is also facing public scrutiny after Paramount Skydance accused it of interfering in the Warner Bros. Discovery deal, adding some competitive and regulatory noise around the stock. Article Title
• Negative Sentiment: Another analyst cut the price target and said Netflix has limited near-term catalysts, reinforcing concerns that the stock may struggle to rebound quickly. Article Title

Netflix Price Performance

NFLX stock opened at $82.00 on Thursday. The stock has a 50-day moving average price of $91.53 and a two-hundred day moving average price of $91.35. The stock has a market cap of $345.29 billion, a PE ratio of 26.49, a price-to-earnings-growth ratio of 1.03 and a beta of 1.50. 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 1 year low of $75.01 and a 1 year high of $134.12.

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

Insider Transactions at Netflix

In other Netflix news, insider David A. Hyman sold 5,722 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the sale, the insider owned 316,100 shares in the company, valued at approximately $27,842,088. The trade was a 1.78% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Theodore A. Sarandos sold 27,312 shares of the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total value of $2,402,636.64. Following the transaction, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at approximately $25,054,207.88. This trade represents a 8.75% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 1,313,029 shares of company stock worth $120,315,776. Corporate insiders own 1.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on NFLX. Citizens Jmp reaffirmed a “market perform” rating on shares of Netflix in a research note on Wednesday, April 15th. Seaport Research Partners boosted their target price on Netflix from $115.00 to $119.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Daiwa Securities Group increased their price target on Netflix from $97.00 to $102.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. Rosenblatt Securities cut their price objective on Netflix from $96.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Finally, TD Cowen reiterated a “buy” rating on shares of Netflix in a research report 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.39.

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.