Hsbc Holdings PLC Acquires 8,304,472 Shares of Netflix, Inc. $NFLX

Hsbc Holdings PLC raised its holdings in Netflix, Inc. (NASDAQ:NFLX) by 910.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,216,494 shares of the Internet television network’s stock after buying an additional 8,304,472 shares during the quarter. Netflix accounts for about 0.5% of Hsbc Holdings PLC’s investment portfolio, making the stock its 28th largest position. Hsbc Holdings PLC’s holdings in Netflix were worth $864,485,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Cedarwood Wealth LLC acquired a new position in shares of Netflix during the fourth quarter worth approximately $297,000. Mengis Capital Management Inc. grew its stake in shares of Netflix by 900.0% in the fourth quarter. Mengis Capital Management Inc. now owns 2,960 shares of the Internet television network’s stock worth $278,000 after acquiring an additional 2,664 shares during the last quarter. Worthington Financial Partners LLC acquired a new stake in shares of Netflix in the fourth quarter worth $699,000. Taylor Securities Services Inc. bought a new position in Netflix during the fourth quarter worth $417,000. Finally, AG Campbell Advisory LLC bought a new position in Netflix during the fourth quarter worth $70,000. 80.93% of the stock is owned by institutional investors.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Commentary says Netflix is trading at its cheapest valuation in years, which some investors view as a buying opportunity if the company can keep growing ads, pricing, and broader monetization. NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive ‘Opportunity’
• Positive Sentiment: Netflix’s exclusive TV partnership with Ryan Coogler’s Proximity Media and its interest in more broadcaster deals suggest new ways to expand content reach and partnership-driven growth. Netflix (NFLX) Secures Ryan Coogler TV Deal For Exclusive New Series
• Positive Sentiment: Strong engagement around KPop Demon Hunters is highlighting Netflix’s ability to create major hits that keep users engaged and reinforce the strength of its content library. ‘KPop Demon Hunters’ Just Set Its Final Netflix Record
• Neutral Sentiment: Some analysts frame Netflix as more than a streaming stock now, pointing to its evolving monetization model and broader platform strategy. Netflix (NFLX) Is More Than a Streaming Stock Now. I Like the Opportunity
• Negative Sentiment: A director sold about $2.8 million of NFLX shares under a pre-arranged trading plan, which can still weigh on sentiment even if it was not a discretionary bearish call. Netflix (NASDAQ:NFLX) Director Sells $2,789,944.80 in Stock
• Negative Sentiment: Ongoing headlines about the Lionsgate rumor being denied, concerns over a lack of near-term catalysts, and comparisons favoring Amazon over Netflix have reinforced cautious investor sentiment. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (NFLX)

Insiders Place Their Bets

In related news, insider David A. Hyman sold 5,722 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following the completion of the transaction, the insider owned 316,100 shares of the company’s stock, valued at $27,842,088. This represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at 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 firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,349,019 shares of company stock valued at $123,105,721 over the last 90 days. Company insiders own 1.24% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on NFLX. HSBC upped their target price on shares of Netflix from $106.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Erste Group Bank downgraded shares of Netflix from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Netflix in a research report on Thursday, June 4th. Raymond James Financial reiterated a “market perform” rating on shares of Netflix in a research note on Thursday, May 14th. Finally, President Capital lifted their target price on Netflix from $133.00 to $134.00 and gave the stock a “buy” rating in a research report on Tuesday, March 31st. Two analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $114.26.

Netflix Stock Performance

Shares of Netflix stock opened at $77.38 on Friday. The firm has a market capitalization of $325.83 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 0.98 and a beta of 1.50. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The company’s fifty day moving average price is $88.88 and its two-hundred day moving average price is $90.14. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12.

Netflix (NASDAQ:NFLX) last announced its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. The company 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 revenue was up 16.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts expect that Netflix, Inc. will post 3.6 EPS for the current year.

About Netflix

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.