Fi3 FINANCIAL ADVISORS LLC Grows Holdings in Netflix, Inc. $NFLX

Fi3 FINANCIAL ADVISORS LLC increased its position in Netflix, Inc. (NASDAQ:NFLX) by 919.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,136 shares of the Internet television network’s stock after acquiring an additional 8,240 shares during the quarter. Fi3 FINANCIAL ADVISORS LLC’s holdings in Netflix were worth $857,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in Netflix by 912.5% in the 4th quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock worth $36,567,805,000 after acquiring an additional 351,493,659 shares in the last quarter. Baillie Gifford & Co. boosted its stake in Netflix by 912.3% in the 4th quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network’s stock worth $3,463,498,000 after purchasing an additional 33,290,988 shares during the period. Jennison Associates LLC boosted its stake in Netflix by 639.9% in the 4th quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network’s stock worth $3,269,594,000 after purchasing an additional 30,158,900 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its stake in Netflix by 891.3% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network’s stock worth $1,134,487,000 after purchasing an additional 10,879,276 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in Netflix by 850.7% in the 4th quarter. Principal Financial Group Inc. now owns 10,858,157 shares of the Internet television network’s stock worth $1,018,062,000 after purchasing an additional 9,716,017 shares during the period. 80.93% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on NFLX. Evercore began coverage on Netflix in a research note on Friday, February 27th. They issued an “outperform” rating and a $115.00 price target for the company. Bank of America restated a “buy” rating and issued a $125.00 price target on shares of Netflix in a research note on Monday. Huber Research upgraded Netflix from a “strong sell” rating to a “strong-buy” rating in a research note on Friday, February 27th. Daiwa Securities Group upped their price target on Netflix from $97.00 to $102.00 and gave the stock an “outperform” rating in a research note on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Netflix from $98.00 to $100.00 and gave the stock a “hold” rating in a research note on Tuesday, April 14th. 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 company’s stock. According to data from MarketBeat, Netflix has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Bank of America said Netflix’s ad-supported tier has surpassed 250 million monthly viewers globally, highlighting rapid growth in its advertising business as the company expands live sports, international markets, and new ad formats. Netflix ad-supported tier tops 250M monthly viewers as sports push deepens
• Positive Sentiment: Analysts are becoming more upbeat after Netflix’s recent advertiser presentation, suggesting stronger monetization potential from its ad business. Netflix Sentiment Improves After Video Streamer’s Upfront Presentation
• Positive Sentiment: Omdia projects Amazon, Netflix, and Google will capture half of the fast-growing connected TV advertising market by 2030, reinforcing the long-term opportunity for Netflix’s ad inventory. Omdia: Amazon, Netflix and Google to Capture Half of $81 Billion CTV Advertising Market by 2030
• Positive Sentiment: Coverage around Netflix’s NFL partnership suggests the streamer could use live football games to attract new subscribers and deepen engagement. Why Netflix and the NFL Could Be a Perfect Match
• Neutral Sentiment: Several articles discuss Netflix’s potential to become a trillion-dollar company, but these are opinion pieces rather than new business developments. Is Netflix the Next Trillion-Dollar Company?
• Neutral Sentiment: Entertainment and documentary headlines referencing Netflix content, including MMA and true-crime coverage, may help visibility but do not clearly change the company’s fundamentals. Trump’s Birthday UFC Event Faces More Pressure: Netflix Just Set MMA Viewership Record

Insider Activity

In other news, CFO Spencer Adam Neumann sold 57,260 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $7,046,658.50. This represents a 43.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David A. Hyman sold 5,722 shares of the stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following 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 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 ninety days, insiders sold 1,422,769 shares of company stock worth $135,144,073. 1.24% of the stock is owned by corporate insiders.

Netflix Stock Down 1.4%

NASDAQ NFLX opened at $88.09 on Thursday. 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 company has a market capitalization of $370.93 billion, a P/E ratio of 28.45, a P/E/G ratio of 1.14 and a beta of 1.55. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12. The stock has a 50 day moving average price of $94.16 and a 200-day moving average price of $94.34.

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

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.