Mariner LLC Has $190.71 Million Holdings in Netflix, Inc. $NFLX

Mariner LLC increased its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 5.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 159,069 shares of the Internet television network’s stock after purchasing an additional 7,725 shares during the period. Mariner LLC’s holdings in Netflix were worth $190,710,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Imprint Wealth LLC bought a new position in shares of Netflix during the 3rd quarter worth about $25,000. Retirement Wealth Solutions LLC bought a new stake in Netflix in the third quarter valued at about $28,000. Steph & Co. raised its position in Netflix by 188.9% in the third quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after purchasing an additional 17 shares in the last quarter. Bare Financial Services Inc raised its position in Netflix by 93.3% in the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 14 shares in the last quarter. Finally, Horizon Financial Services LLC lifted its stake in Netflix by 480.0% during the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 24 shares during the period. 80.93% of the stock is currently owned by institutional investors.

Insider Activity at Netflix

In related news, Director Reed Hastings sold 410,550 shares of Netflix stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $97.01, for a total value of $39,827,455.50. Following the completion of the sale, the director directly owned 3,940 shares in the company, valued at $382,219.40. This trade represents a 99.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $97.00, for a total transaction of $2,777,110.00. Following the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $7,157,339. This represents a 27.95% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,520,133 shares of company stock valued at $137,259,786 over the last quarter. 1.37% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on NFLX. New Street Research decreased their price objective on Netflix from $100.00 to $96.00 and set a “neutral” rating on the stock in a report on Thursday, January 22nd. Huber Research raised Netflix from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 27th. President Capital raised their target price on Netflix from $120.00 to $133.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Argus decreased their price target on Netflix from $141.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Finally, Wolfe Research upped their price target on Netflix from $95.00 to $110.00 and gave the company an “outperform” rating in a research report on Friday, February 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $114.67.

Netflix Price Performance

NFLX opened at $95.20 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19. The stock has a market capitalization of $401.95 billion, a P/E ratio of 37.67, a price-to-earnings-growth ratio of 1.46 and a beta of 1.68. The company’s 50 day simple moving average is $86.64 and its 200-day simple moving average is $102.48. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. The firm had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Sell-side analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

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.