Letson Investment Management Inc. Makes New Investment in Netflix, Inc. $NFLX

Letson Investment Management Inc. bought a new position in Netflix, Inc. (NASDAQ:NFLX) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 9,500 shares of the Internet television network’s stock, valued at approximately $913,000.

A number of other institutional investors have also made changes to their positions in NFLX. Imprint Wealth LLC acquired a new stake in shares of Netflix during the third quarter worth $25,000. Horizon Financial Services LLC raised its stake in Netflix by 480.0% during the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after acquiring an additional 24 shares during the period. Promus Capital LLC acquired a new stake in Netflix during the third quarter worth about $48,000. Wealth Watch Advisors INC bought a new position in Netflix in the third quarter worth about $103,000. Finally, Strategic Wealth Investment Group LLC bought a new position in shares of Netflix during the second quarter valued at approximately $121,000. 80.93% of the stock is currently owned by institutional investors.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some analysts and market commentators argue Netflix looks deeply undervalued after its sharp pullback, citing a low valuation, record revenue, expanding margins, strong free cash flow, and a large share repurchase program that could support the stock. Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
• Positive Sentiment: Netflix also gained a distribution boost after landing in Charter’s Spectrum App Store, which could make it easier for customers to buy, activate, or upgrade Netflix plans and widen subscriber access. Netflix Lands Spectrum App Store Deal To Widen Streaming Access
• Positive Sentiment: Netflix-related coverage around July streaming lineups highlights upcoming content such as returning titles, which may support engagement and subscriber retention in the near term. Here’s what’s worth streaming in July 2026 on Netflix, Hulu, HBO Max and more
• Neutral Sentiment: Netflix-related entertainment news also noted a renewal for the series Nemesis, which is more of a content update than a meaningful financial catalyst. Netflix’s Nemesis Season 2 Renewal Could Be A Major Win For Los Angeles
• Negative Sentiment: Shares have also been pressured by broader market weakness and investor concern over the recent sell-off, with multiple articles noting NFLX trading near its 52-week low and well below prior highs. Netflix’s ‘Owning Manhattan’ star Ryan Serhant expands real estate empire to Texas in ‘strategic’ move
• Negative Sentiment: News that a filmmaker was sentenced to prison for misusing $11 million of Netflix production funds is negative from a reputational standpoint, though it does not appear to affect current operations directly. Hollywood director jailed for betting Netflix money on crypto

Netflix Stock Up 3.9%

NFLX opened at $74.19 on Thursday. The stock’s 50 day moving average price is $84.07 and its 200 day moving average price is $88.49. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The stock has a market cap of $312.40 billion, a P/E ratio of 23.96, a P/E/G ratio of 0.91 and a beta of 1.52. Netflix, Inc. has a 12 month low of $70.86 and a 12 month high of $130.23.

Netflix (NASDAQ:NFLX) last announced its quarterly 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. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. During the same quarter in the previous year, the firm posted $6.61 EPS. The firm’s quarterly revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, research analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current year.

Analyst Ratings Changes

NFLX has been the topic of several recent research reports. Rosenblatt Securities cut their price target on Netflix from $96.00 to $95.00 and set a “neutral” rating on the stock in a report on Friday, April 17th. Erste Group Bank downgraded Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Seaport Research Partners increased their target price on Netflix from $115.00 to $119.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Wells Fargo & Company began coverage on Netflix in a research note on Monday, March 9th. They issued an “equal weight” rating and a $105.00 target price on the stock. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Netflix in a report on Thursday, June 4th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $114.26.

Insider Buying and Selling at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 9,253 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $88.95, for a total transaction of $823,054.35. Following the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Bradford L. Smith sold 35,990 shares of the firm’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the transaction, the director directly owned 79,690 shares in the company, valued at approximately $6,177,568.80. The trade was a 31.11% 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 quarter, insiders sold 899,839 shares of company stock valued at $80,141,661. 1.24% of the stock is currently owned by insiders.

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.