492,600 Shares in Netflix, Inc. $NFLX Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new position in Netflix, Inc. (NASDAQ:NFLX) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 492,600 shares of the Internet television network’s stock, valued at approximately $47,363,000. Netflix accounts for approximately 0.8% of Louisiana State Employees Retirement System’s investment portfolio, making the stock its 13th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in NFLX. First Financial Corp IN boosted its position in shares of Netflix by 900.0% during the fourth quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after acquiring an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. increased its holdings in Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after acquiring an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. lifted its stake in Netflix by 13,400.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares in the last quarter. Imprint Wealth LLC bought a new position in shares of Netflix during the 3rd quarter valued at about $25,000. Finally, Cornerstone Financial Management LLC bought a new position in shares of Netflix during the 4th quarter valued at about $26,000. 80.93% of the stock is owned by hedge funds and other institutional investors.

Netflix Trading Down 1.3%

Shares of NFLX opened at $70.90 on Friday. Netflix, Inc. has a twelve month low of $70.86 and a twelve month high of $134.12. The company has a market cap of $298.55 billion, a P/E ratio of 22.90, a P/E/G ratio of 0.91 and a beta of 1.50. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The company’s fifty day simple moving average is $86.36 and its 200-day simple moving average is $89.10.

Netflix (NASDAQ:NFLX) last announced its 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. The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, analysts expect that Netflix, Inc. will post 3.6 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on NFLX shares. Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Needham & Company LLC reaffirmed a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Barclays set a $110.00 price objective on Netflix and gave the stock an “equal weight” rating in a report on Friday, April 17th. Citizens Jmp restated a “market perform” rating on shares of Netflix in a research report on Wednesday, April 15th. Finally, Wedbush reaffirmed an “outperform” rating and set a $118.00 price target on shares of Netflix in a research note on Thursday, April 16th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $114.26.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix announced a new AI advertising partnership with Omnicom Media, combining Acxiom audience data with Netflix’s ad tech to create hyper-personalized, dynamically generated ads. The deal supports Netflix’s push to grow its ad-supported business and could open a new revenue stream. Netflix (NFLX) Teams Up With Omnicom Media To Bring AI Ads Onto The Platform
• Positive Sentiment: Netflix continues expanding beyond core streaming, with recent coverage highlighting growth opportunities in advertising, live events, and gaming. Investors looking for a turnaround may see these initiatives as long-term catalysts. Netflix’s Next Act: Beyond Streaming
• Positive Sentiment: Netflix previewed a new slate of animated projects at the Annecy International Animation Film Festival, reinforcing that its content pipeline remains active and that hits from animation could support engagement and subscriber retention. Netflix Previews New Slate At Annecy International Animation Film Fest
• Neutral Sentiment: Recent commentary from analysts and media outlets has focused on Netflix’s weak share performance, its 18-20 month lows, and speculation about acquisitions or “future” growth strategies; these articles reflect sentiment rather than a specific operational update. Netflix is growing but its stock price is shrinking, as the specter of M&A spooks investors
• Neutral Sentiment: Short-interest data showed no meaningful change, so it does not appear to be a major driver of the stock’s move today.
• Negative Sentiment: Multiple reports emphasized that NFLX has fallen sharply from recent highs and is trading near its 52-week low, underscoring investor concern about slowing momentum and valuation risk. Netflix Stock Craters To Lowest Level In 20 Months
• Negative Sentiment: Ongoing criticism that Netflix may be “desperate” to pursue major acquisitions or other big strategic moves is weighing on sentiment, as investors worry about execution and capital allocation. ‘Think About the Future,’ Says Investor About Netflix Stock

Insider Activity at Netflix

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 transaction of $40,158,319.50. Following the completion of the sale, the director directly owned 3,940 shares in the company, valued at approximately $376,230.60. This trade represents a 99.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Spencer Adam Neumann sold 28,630 shares of the business’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total transaction of $2,805,740.00. Following the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $7,231,126. This represents a 27.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,349,019 shares of company stock worth $123,105,721 over the last quarter. 1.24% of the stock is owned by insiders.

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.