J. L. Bainbridge & Co. Inc. Acquires 12,547 Shares of Netflix, Inc. $NFLX

J. L. Bainbridge & Co. Inc. lifted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 232.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 17,946 shares of the Internet television network’s stock after buying an additional 12,547 shares during the quarter. Netflix accounts for about 0.2% of J. L. Bainbridge & Co. Inc.’s investment portfolio, making the stock its 29th largest holding. J. L. Bainbridge & Co. Inc.’s holdings in Netflix were worth $1,726,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in NFLX. Boomfish Wealth Group LLC lifted its stake in Netflix by 303.4% in the first quarter. Boomfish Wealth Group LLC now owns 13,393 shares of the Internet television network’s stock worth $1,288,000 after purchasing an additional 10,073 shares during the last quarter. Caldwell Trust Co grew its stake in shares of Netflix by 2.5% during the first quarter. Caldwell Trust Co now owns 61,119 shares of the Internet television network’s stock valued at $5,877,000 after buying an additional 1,507 shares during the last quarter. AGH Wealth Advisors LLC increased its holdings in shares of Netflix by 13.2% in the first quarter. AGH Wealth Advisors LLC now owns 12,614 shares of the Internet television network’s stock worth $1,213,000 after buying an additional 1,474 shares during the period. Wernau Asset Management Inc. increased its holdings in shares of Netflix by 5.2% in the first quarter. Wernau Asset Management Inc. now owns 2,802 shares of the Internet television network’s stock worth $269,000 after buying an additional 139 shares during the period. Finally, Cornerstone Wealth Group LLC lifted its stake in shares of Netflix by 18.8% in the 1st quarter. Cornerstone Wealth Group LLC now owns 18,757 shares of the Internet television network’s stock valued at $1,737,000 after acquiring an additional 2,972 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix Stock Up 4.1%

Shares of Netflix stock opened at $73.81 on Friday. 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 $85.69 and its two-hundred day simple moving average is $89.00. The company has a market cap of $310.80 billion, a P/E ratio of 23.84, a PEG ratio of 0.94 and a beta of 1.50. Netflix, Inc. has a 12-month low of $70.86 and a 12-month high of $134.12.

Netflix (NASDAQ:NFLX) last posted its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping the consensus estimate of $0.76 by $0.47. The firm 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 company’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same period last year, the company posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Research analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current year.

Insider Buying and Selling

In other Netflix news, Director Reed Hastings sold 420,550 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 3,940 shares in the company, valued at approximately $376,230.60. This represents a 99.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total value of $2,422,301.28. Following the completion of the transaction, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at $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 sold 1,349,019 shares of company stock valued at $123,105,721 over the last quarter. 1.24% of the stock is currently owned by insiders.

Analysts Set New Price Targets

NFLX has been the topic of several recent research reports. Oppenheimer set a $120.00 price target on Netflix and gave the stock an “outperform” rating in a research report on Friday, April 17th. Cfra upgraded shares of Netflix from a “hold” rating to a “buy” rating and set a $115.00 price target for the company in a report on Friday, March 6th. Moffett Nathanson dropped their price target on shares of Netflix from $120.00 to $115.00 and set a “buy” rating for the company in a research report on Wednesday, June 17th. Sanford C. Bernstein reissued an “outperform” rating on shares of Netflix in a report on Thursday, June 4th. Finally, Citic Securities boosted their price objective on shares of Netflix from $95.00 to $107.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Netflix currently has an average rating of “Moderate Buy” and a consensus price target of $114.26.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is leaning harder into AI-driven personalization, creator tools, and ad-tech, which could improve engagement, reduce churn, and support higher monetization over time. Netflix Bets Bigger on AI Strategy: Can It Strengthen User Retention?
• Positive Sentiment: Investors also appear encouraged by Netflix’s growing push into live sports and events, plus AI initiatives, which could strengthen user retention and widen the company’s growth runway. Why is Netflix stock rising 5% on Friday?
• Positive Sentiment: Netflix’s monthly subscriber churn remains relatively low at about 2%, suggesting the platform is still retaining customers better than peers even as competition stays intense. Netflix Monthly Subscriber Churn Still Best At 2%
• Positive Sentiment: Netflix’s recent ad-tech partnership with Omnicom Media adds another potential revenue lever by bringing more personalized ads onto the platform. Netflix (NFLX) Teams Up With Omnicom Media To Bring AI Ads Onto The Platform
• Neutral Sentiment: Analysts are looking ahead to next month’s earnings report, with expectations for modest profit growth; that keeps attention on execution rather than creating a clear near-term surprise. What to Expect From Netflix’s Next Quarterly Earnings Report
• Negative Sentiment: The stock is still under heavy technical pressure, with reports noting it has fallen sharply from its peak and hit a weak technical level, which may keep some investors cautious. Netflix Stock Plunges 45% From Peak, Hit Worst Technical Level in Four Years
• Negative Sentiment: Several recent stories also highlight that NFLX remains well below its prior highs and faces lingering negative sentiment, suggesting sentiment-driven volatility may continue. Netflix Stock Craters To Lowest Level In 20 Months

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.