K.J. Harrison & Partners Inc Buys 19,513 Shares of Netflix, Inc. $NFLX

K.J. Harrison & Partners Inc raised its stake in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 763.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 22,070 shares of the Internet television network’s stock after purchasing an additional 19,513 shares during the quarter. K.J. Harrison & Partners Inc’s holdings in Netflix were worth $2,069,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of NFLX. Crews Bank & Trust raised its holdings in Netflix by 5.8% in the third quarter. Crews Bank & Trust now owns 164 shares of the Internet television network’s stock worth $197,000 after purchasing an additional 9 shares during the period. Apriem Advisors boosted its position in shares of Netflix by 0.6% during the third quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock worth $1,879,000 after purchasing an additional 9 shares in the last quarter. Tortoise Investment Management LLC grew its holdings in shares of Netflix by 10.8% in the 3rd quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock valued at $110,000 after buying an additional 9 shares during the period. Pacific Sun Financial Corp increased its position in shares of Netflix by 1.6% in the 3rd quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock valued at $688,000 after buying an additional 9 shares in the last quarter. Finally, Brass Tax Wealth Management Inc. increased its position in shares of Netflix by 3.2% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock valued at $345,000 after buying an additional 9 shares in the last quarter. 80.93% of the stock is owned by institutional investors.

More Netflix News

Here are the key news stories impacting Netflix this week:

  • Positive Sentiment: Netflix received a roughly $2.8 billion termination payment tied to the Warner/Paramount deal — a sizable one‑time cash inflow that improves near‑term cash and likely produces a reported gain (a clear positive catalyst). Warner Bros. Discovery Logs $2.92 Billion Loss Tied to Netflix Termination Fee
  • Positive Sentiment: Market coverage highlights Netflix among consumer‑discretionary names linked to buyback talk — buyback capacity or repurchases would support the stock if management pursues them. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
  • Neutral Sentiment: Analyst/strategy pieces note Netflix’s first half may be soft but argue the bull case centers on a stronger second half — useful context but not an immediate price mover. Netflix’s First Half Is Soft. The Second Half Is Where the Bull Case Lives
  • Neutral Sentiment: Broader sector moves: Disney’s strong quarter is drawing investor attention away from peers; relative outperformance at DIS is a sector signal to monitor but doesn’t directly change Netflix fundamentals. Disney Stock Is Up 8% Today
  • Negative Sentiment: Significant insider selling: director Reed Hastings sold ~407,550 shares (10b5‑1 plan) and CEO/other insiders also disclosed sales — large planned sales increase supply and can pressure sentiment even if pre‑arranged or tax‑related. Top Netflix Insiders Cash Out
  • Negative Sentiment: Technical/analyst pressure: notes of key resistance around $100, lower near‑term price targets and trader commentary (including a technical call that NFLX could retest $75) are contributing to selling momentum. What’s Going On With Netflix Stock Tuesday?

Insiders Place Their Bets

In related news, Director Reed Hastings sold 407,550 shares of the stock in a transaction on Friday, May 1st. The shares were sold at an average price of $93.13, for a total transaction of $37,955,131.50. Following the completion of the transaction, the director owned 3,940 shares in the company, valued at approximately $366,932.20. This represents a 99.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,722 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the transaction, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. This trade represents a 1.78% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,431,627 shares of company stock valued at $135,647,236 over the last 90 days. 1.37% of the stock is currently owned by company insiders.

Netflix Stock Up 0.4%

NASDAQ:NFLX opened at $88.27 on Thursday. The stock has a 50-day simple moving average of $95.24 and a 200 day simple moving average of $96.30. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a market cap of $371.69 billion, a PE ratio of 28.51, a PEG ratio of 1.13 and a beta of 1.55. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41.

Netflix (NASDAQ:NFLXGet Free Report) last released its earnings results on Thursday, April 16th. The Internet television network reported $1.23 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 firm had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. The business’s quarterly revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, sell-side analysts expect that Netflix, Inc. will post 3.56 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on NFLX shares. HSBC boosted their target price on Netflix from $106.00 to $114.00 and gave the company a “buy” rating in a research note on Friday, April 10th. China Renaissance lifted their price objective on Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a report on Friday, April 17th. Freedom Capital upgraded Netflix from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Wolfe Research restated an “outperform” rating and set a $107.00 target price on shares of Netflix in a report on Friday, April 17th. Finally, Erste Group Bank lowered shares of 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 given a Buy rating and fifteen have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.

Get Our Latest Stock Analysis on NFLX

Netflix Profile

(Free Report)

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.

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Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLXFree Report).

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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