Natixis Advisors LLC Raises Stock Position in Netflix, Inc. $NFLX

Natixis Advisors LLC boosted its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 797.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 4,989,919 shares of the Internet television network’s stock after purchasing an additional 4,433,837 shares during the period. Netflix makes up 0.7% of Natixis Advisors LLC’s holdings, making the stock its 19th largest holding. Natixis Advisors LLC’s holdings in Netflix were worth $467,854,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of NFLX. Vanguard Group Inc. grew its stake in Netflix by 912.5% during the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock valued at $36,567,805,000 after acquiring an additional 351,493,659 shares in the last quarter. Geode Capital Management LLC grew its stake in Netflix by 892.0% during the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock valued at $9,305,336,000 after acquiring an additional 89,558,684 shares in the last quarter. Norges Bank purchased a new position in Netflix during the fourth quarter valued at approximately $5,803,248,000. Baillie Gifford & Co. grew its stake in Netflix by 912.3% during the fourth quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network’s stock valued at $3,463,498,000 after acquiring an additional 33,290,988 shares in the last quarter. Finally, Jennison Associates LLC grew its stake in Netflix by 639.9% during the fourth quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network’s stock valued at $3,269,594,000 after acquiring an additional 30,158,900 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Wall Street Analysts Forecast Growth

NFLX has been the subject of several recent analyst reports. Huber Research raised shares of Netflix from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 27th. China Renaissance boosted their price target on shares of Netflix from $90.00 to $100.00 and gave the stock a “hold” rating in a research note on Friday, April 17th. Wells Fargo & Company initiated coverage on shares of Netflix in a research note on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price target for the company. Daiwa Securities Group boosted their price target on shares of Netflix from $97.00 to $102.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Finally, Piper Sandler reissued an “overweight” rating and issued a $115.00 price target (up from $103.00) on shares of Netflix in a research note on Friday, April 17th. Two 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 stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $114.82.

Netflix Trading Down 0.2%

Shares of NFLX opened at $85.85 on Tuesday. The firm has a market cap of $361.50 billion, a price-to-earnings ratio of 27.73, a PEG ratio of 1.09 and a beta of 1.50. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. The firm has a 50 day moving average price of $93.00 and a 200-day moving average price of $93.09.

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

Insider Transactions at Netflix

In other news, CEO Theodore A. Sarandos sold 27,312 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 284,804 shares in the company, valued at approximately $25,054,207.88. The trade was a 8.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the completion of the sale, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 926,329 shares of company stock worth $87,071,177. Corporate insiders own 1.24% of the company’s stock.

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.