Banco Bilbao Vizcaya Argentaria S.A. Has $49.45 Million Holdings in Netflix, Inc. $NFLX

Banco Bilbao Vizcaya Argentaria S.A. raised its stake in Netflix, Inc. (NASDAQ:NFLXFree Report) by 61.9% in the third quarter, Holdings Channel.com reports. The firm owned 41,385 shares of the Internet television network’s stock after acquiring an additional 15,825 shares during the period. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Netflix were worth $49,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of NFLX. Imprint Wealth LLC bought a new stake in shares of Netflix in the third quarter valued at about $25,000. Retirement Wealth Solutions LLC acquired a new stake in Netflix during the third quarter worth about $28,000. Steph & Co. increased its stake in Netflix by 188.9% during the third quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock valued at $31,000 after acquiring an additional 17 shares during the period. Bare Financial Services Inc increased its stake in Netflix by 93.3% during the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock valued at $35,000 after acquiring an additional 14 shares during the period. Finally, Horizon Financial Services LLC raised its holdings in Netflix by 480.0% in the 3rd quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after acquiring an additional 24 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NFLX has been the topic of several recent research reports. BMO Capital Markets decreased their price objective on Netflix from $143.00 to $135.00 and set an “outperform” rating on the stock in a report on Wednesday, January 21st. Morgan Stanley set a $110.00 target price on Netflix and gave the company an “overweight” rating in a research note on Wednesday, January 21st. JPMorgan Chase & Co. assumed coverage on shares of Netflix in a research note on Monday, March 2nd. They set an “overweight” rating and a $120.00 price target on the stock. Wells Fargo & Company began coverage on shares of Netflix in a report on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price target on the stock. Finally, Phillip Securities upgraded shares of Netflix from a “sell” rating to a “moderate buy” rating and increased their price objective for the company from $95.00 to $100.00 in a research note on Monday, January 26th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $114.67.

Check Out Our Latest Report on Netflix

Netflix Price Performance

Netflix stock opened at $95.31 on Friday. The business’s fifty day moving average is $86.57 and its two-hundred day moving average is $102.80. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a market cap of $402.41 billion, a P/E ratio of 37.72, a P/E/G ratio of 1.46 and a beta of 1.68. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last announced its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The company had revenue of $12.05 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same period last year, the company posted $0.43 earnings per share. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Equities research analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

More Netflix News

Here are the key news stories impacting Netflix this week:

Insider Transactions at Netflix

In other news, CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $97.00, for a total transaction of $2,777,110.00. Following the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $7,157,339. This represents a 27.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Reed Hastings sold 410,550 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $97.01, for a total transaction of $39,827,455.50. Following the completion of the sale, the director directly owned 3,940 shares of the company’s stock, valued at approximately $382,219.40. This represents a 99.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,520,133 shares of company stock worth $137,259,786. Corporate insiders own 1.37% of the company’s stock.

Netflix Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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