First Command Advisory Services Inc. Purchases 9,086 Shares of Netflix, Inc. $NFLX

First Command Advisory Services Inc. grew its stake in Netflix, Inc. (NASDAQ:NFLXFree Report) by 1,097.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,914 shares of the Internet television network’s stock after purchasing an additional 9,086 shares during the period. First Command Advisory Services Inc.’s holdings in Netflix were worth $930,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Apriem Advisors raised its stake in shares of Netflix by 0.6% during the third quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock valued at $1,879,000 after acquiring an additional 9 shares during the last quarter. Tortoise Investment Management LLC raised its stake in shares of Netflix by 10.8% during the third quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock valued at $110,000 after acquiring an additional 9 shares during the last quarter. Pacific Sun Financial Corp raised its stake in shares of Netflix by 1.6% during the third quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock valued at $688,000 after acquiring an additional 9 shares during the last quarter. Brass Tax Wealth Management Inc. raised its stake in shares of Netflix by 3.2% during the third quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock valued at $345,000 after acquiring an additional 9 shares during the last quarter. Finally, Heritage Wealth Management Inc. CA raised its stake in shares of Netflix by 3.8% during the third quarter. Heritage Wealth Management Inc. CA now owns 274 shares of the Internet television network’s stock valued at $329,000 after acquiring an additional 10 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Trading Up 0.8%

NFLX opened at $82.18 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The stock has a market cap of $346.04 billion, a PE ratio of 26.54, a price-to-earnings-growth ratio of 1.04 and a beta of 1.50. The company has a fifty day moving average of $92.21 and a 200-day moving average of $92.20. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last posted its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to analysts’ expectations 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 last year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, sell-side analysts predict that Netflix, Inc. will post 3.6 EPS for the current year.

Analyst Ratings Changes

Several research firms have recently issued reports on NFLX. Deutsche Bank Aktiengesellschaft raised their price target on shares of Netflix from $98.00 to $100.00 and gave the company a “hold” rating in a research note on Tuesday, April 14th. Pivotal Research set a $96.00 price objective on shares of Netflix and gave the stock a “hold” rating in a research report on Friday, April 17th. Oppenheimer set a $120.00 price objective on shares of Netflix and gave the stock an “outperform” rating in a research report on Friday, April 17th. Weiss Ratings upgraded shares of Netflix from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 4th. Finally, Citigroup began coverage on shares of Netflix in a research report on Thursday, April 16th. They set a “market perform” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $114.82.

View Our Latest Analysis on NFLX

More Netflix News

Here are the key news stories impacting Netflix this week:

Insiders Place Their Bets

In other Netflix news, CFO Spencer Adam Neumann sold 9,253 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. This trade represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider David A. Hyman sold 5,722 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the sale, the insider owned 316,100 shares of the company’s stock, valued at $27,842,088. The trade was a 1.78% decrease in their ownership of the stock. 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 sold 1,313,029 shares of company stock valued at $120,315,776. 1.24% of the stock is currently owned by corporate insiders.

Netflix 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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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