Keudell Morrison Wealth Management Acquires Shares of 9,369 Netflix, Inc. $NFLX

Keudell Morrison Wealth Management acquired a new stake in Netflix, Inc. (NASDAQ:NFLX) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 9,369 shares of the Internet television network’s stock, valued at approximately $878,000.

Several other hedge funds also recently bought and sold shares of NFLX. Vanguard Group Inc. grew its position 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 valued at $36,567,805,000 after acquiring an additional 351,493,659 shares during the last quarter. Baillie Gifford & Co. grew its position 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 valued at $3,463,498,000 after acquiring an additional 33,290,988 shares during the last quarter. Jennison Associates LLC grew its position 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 valued at $3,269,594,000 after acquiring an additional 30,158,900 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of 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 buying an additional 10,879,276 shares during the period. Finally, Principal Financial Group Inc. lifted its holdings in shares of 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 buying an additional 9,716,017 shares during the period. Institutional investors own 80.93% of the company’s stock.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix’s ad-supported tier has surpassed 250 million monthly viewers, signaling accelerating ad revenue opportunities as the company deepens its sports and international push. Netflix ad-supported tier tops 250M monthly viewers as sports push deepens
• Positive Sentiment: Netflix is expanding into daily live programming by streaming iHeartMedia’s The Breakfast Club, reinforcing its push beyond on-demand video into more engagement-heavy content formats. iHeartMedia and Netflix Deepen Partnership with Daily Live Video Stream of The Breakfast Club
• Positive Sentiment: Co-founder Reed Hastings said entertainment is likely to be among the least affected by AI, which supports confidence in Netflix’s core content model and the durability of human-driven storytelling. Netflix Co-Founder Reed Hastings Says Entertainment Will Be Least Affected As AI Fears Rise
• Neutral Sentiment: Commentary comparing Netflix with Disney highlighted Netflix’s steadier revenue growth, but it was more of an industry comparison than a direct new catalyst for the stock. Walt Disney vs. Netflix: What Recent Revenue Trends Reveal
• Negative Sentiment: Some recent coverage questioned whether Netflix is already pricing in too much growth after its recent share-price slide, reflecting valuation concerns that could weigh on sentiment if momentum stalls. Is Netflix (NFLX) Now Pricing In Too Much Growth After Recent Share Price Slide

Netflix Price Performance

Shares of NFLX stock opened at $89.30 on Friday. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The stock’s 50-day moving average is $94.00 and its 200 day moving average is $94.20. The company has a market cap of $376.02 billion, a P/E ratio of 28.84, a PEG ratio of 1.12 and a beta of 1.55. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41.

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

Insider Activity at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 9,253 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. This trade represents a 11.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 sale, the insider owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. This trade 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. Insiders have sold 1,422,769 shares of company stock valued at $135,144,073 over the last 90 days. Company insiders own 1.24% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on NFLX. UBS Group set a $104.00 target price on Netflix in a report on Tuesday, January 27th. Arete Research upgraded Netflix from a “neutral” rating to a “buy” rating in a report on Friday, February 27th. China Renaissance upped their target price on Netflix from $90.00 to $100.00 and gave the stock a “hold” rating in a report on Friday, April 17th. Weiss Ratings upgraded Netflix from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 4th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of Netflix in a report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $114.82.

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.