City National Bank of Florida MSD Acquires 8,503 Shares of Netflix, Inc. $NFLX

City National Bank of Florida MSD grew its holdings in Netflix, Inc. (NASDAQ:NFLX) by 917.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,430 shares of the Internet television network’s stock after acquiring an additional 8,503 shares during the quarter. City National Bank of Florida MSD’s holdings in Netflix were worth $884,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Consultiva Wealth Management CORP. boosted its position in shares of Netflix by 900.0% in the fourth quarter. Consultiva Wealth Management CORP. now owns 850 shares of the Internet television network’s stock valued at $80,000 after acquiring an additional 765 shares during the period. Archon Partners LLC boosted its position in shares of Netflix by 900.0% in the fourth quarter. Archon Partners LLC now owns 210,500 shares of the Internet television network’s stock valued at $19,736,000 after acquiring an additional 189,450 shares during the period. Argyle Capital Partners LLC boosted its position in shares of Netflix by 947.2% in the fourth quarter. Argyle Capital Partners LLC now owns 9,100 shares of the Internet television network’s stock valued at $853,000 after acquiring an additional 8,231 shares during the period. Aristotle Atlantic Partners LLC boosted its position in shares of Netflix by 344.5% in the fourth quarter. Aristotle Atlantic Partners LLC now owns 295,829 shares of the Internet television network’s stock valued at $27,737,000 after acquiring an additional 229,282 shares during the period. Finally, Asset One Wealth Management LLC bought a new stake in shares of Netflix in the fourth quarter valued at about $3,772,000. Institutional investors own 80.93% of the company’s stock.

Netflix Trading Down 2.2%

Shares of NFLX opened at $76.96 on Thursday. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The business’s fifty day moving average is $89.75 and its 200-day moving average is $90.44. 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 market cap of $324.06 billion, a price-to-earnings ratio of 24.86, a PEG ratio of 1.00 and a beta of 1.50.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $12.17 billion. During the same quarter last year, the company posted $6.61 EPS. The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Reed Hastings sold 420,550 shares of Netflix stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the transaction, the director owned 3,940 shares in the company, valued at approximately $376,230.60. This trade represents a 99.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total value of $2,422,301.28. Following the sale, the chief executive officer directly owned 120,931 shares in the company, valued at approximately $10,725,370.39. This trade represents a 18.42% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,313,029 shares of company stock worth $120,315,776. 1.24% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NFLX. Rosenblatt Securities reduced their target price on shares of Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. Sanford C. Bernstein restated an “outperform” rating on shares of Netflix in a research note on Thursday, June 4th. HSBC raised their price objective on Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Oppenheimer set a $120.00 price objective on Netflix and gave the stock an “outperform” rating in a research note on Friday, April 17th. Finally, Erste Group Bank lowered Netflix from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $114.26.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Some market watchers say Netflix’s sharp selloff may be nearing a bottom, with technical commentary suggesting the stock could be stabilizing after a steep two-month decline.
• Neutral Sentiment: MoffettNathanson cut its price target on Netflix from $120 to $115 but kept a buy rating, signaling continued long-term confidence despite near-term pressure.
• Negative Sentiment: Netflix’s refusal to pursue Lionsgate, combined with the Fox-Roku deal, has fueled concerns that it is losing ground in the sector’s consolidation race and may face more competition around distribution and ad-supported growth.
• Negative Sentiment: Netflix also canceled The Boroughs after one season, a reminder that some content investments are still being pruned as the company remains selective on spending.

Netflix 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.