Netflix, Inc. $NFLX Shares Purchased by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 60.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,842,995 shares of the Internet television network’s stock after buying an additional 697,325 shares during the period. Netflix accounts for approximately 1.0% of Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings, making the stock its 18th biggest holding. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Netflix were worth $177,204,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. New World Advisors LLC raised its stake in shares of Netflix by 4.9% during the first quarter. New World Advisors LLC now owns 4,995 shares of the Internet television network’s stock valued at $480,000 after purchasing an additional 234 shares during the period. Sharp Wealth Advisory LLC increased its holdings in shares of Netflix by 3.1% in the 1st quarter. Sharp Wealth Advisory LLC now owns 4,345 shares of the Internet television network’s stock worth $418,000 after acquiring an additional 130 shares during the period. Platform Technology Partners raised its stake in shares of Netflix by 8.1% during the first quarter. Platform Technology Partners now owns 14,489 shares of the Internet television network’s stock valued at $1,393,000 after purchasing an additional 1,085 shares in the last quarter. Jamison Private Wealth Management Inc. lifted its position in Netflix by 9.6% in the first quarter. Jamison Private Wealth Management Inc. now owns 45,819 shares of the Internet television network’s stock worth $4,405,000 after purchasing an additional 4,000 shares during the period. Finally, Prasad Wealth Partners LLC bought a new stake in shares of Netflix in the 1st quarter worth approximately $1,446,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Stock Up 4.7%

Netflix stock opened at $77.65 on Friday. Netflix, Inc. has a 52-week low of $70.86 and a 52-week high of $130.23. 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 firm has a 50 day moving average price of $83.78 and a two-hundred day moving average price of $88.37. The firm has a market cap of $326.97 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 0.94 and a beta of 1.52.

Netflix (NASDAQ:NFLX) last posted 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. The firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the prior year, the business earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities analysts predict that Netflix, Inc. will post 3.6 EPS for the current year.

Insider Buying and Selling at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 9,253 shares of the company’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 transaction, the chief financial officer owned 73,787 shares in the company, valued at $6,563,353.65. This represents a 11.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Bradford L. Smith sold 35,990 shares of the company’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total value of $2,789,944.80. Following the transaction, the director directly owned 79,690 shares in the company, valued at $6,177,568.80. This represents a 31.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 899,839 shares of company stock valued at $80,141,661 in the last ninety days. 1.24% of the stock is owned by corporate insiders.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is being bought on the idea that its recent decline has made the valuation more attractive, especially after a sharp reset in the stock price. NFLX Stock Climbs 3.95% as Valuation and Ad Growth Lift Demand Now
• Positive Sentiment: Investors are also focusing on Netflix’s advertising tier, which is still seen as a major growth driver and a key reason bulls think the stock can recover. Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
• Positive Sentiment: Some commentary suggests Netflix’s sell-off may be overdone, with bulls pointing to strong revenue trends, buyback support, and improving investor sentiment ahead of upcoming results. Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
• Neutral Sentiment: Netflix is scheduled to report results soon, and multiple articles note that investors are positioning ahead of that update, which could create volatility depending on guidance. Should You Buy Netflix Stock Before the Huge Investor Update?
• Negative Sentiment: Despite today’s rebound, Netflix remains well below its recent highs, and some investors still view the stock as a turnaround story rather than a confirmed recovery. Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Wells Fargo & Company started coverage on shares of Netflix in a report on Monday, March 9th. They set an “equal weight” rating and a $105.00 price objective for the company. Wedbush reaffirmed an “outperform” rating and set a $118.00 price objective on shares of Netflix in a research note on Thursday, April 16th. Daiwa Securities Group boosted their price target on Netflix from $97.00 to $102.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Finally, The Goldman Sachs Group downgraded Netflix from a “neutral” rating to an “underweight” rating in a report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $114.26.

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.