Netflix, Inc. $NFLX Shares Acquired by CenterBook Partners LP

CenterBook Partners LP lifted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 936.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 233,122 shares of the Internet television network’s stock after purchasing an additional 210,629 shares during the quarter. Netflix accounts for approximately 1.1% of CenterBook Partners LP’s investment portfolio, making the stock its 17th biggest holding. CenterBook Partners LP’s holdings in Netflix were worth $21,858,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in NFLX. Vanguard Group Inc. lifted its stake in shares of Netflix by 912.5% during the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock worth $36,567,805,000 after buying an additional 351,493,659 shares during the period. Geode Capital Management LLC lifted its stake in shares of Netflix by 892.0% during the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock worth $9,305,336,000 after buying an additional 89,558,684 shares during the period. Capital World Investors lifted its stake in shares of Netflix by 859.1% during the fourth quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock worth $8,376,656,000 after buying an additional 80,025,890 shares during the period. Norges Bank acquired a new stake in shares of Netflix during the fourth quarter worth $5,803,248,000. Finally, Capital Research Global Investors lifted its stake in shares of Netflix by 800.2% during the fourth quarter. Capital Research Global Investors now owns 42,367,807 shares of the Internet television network’s stock worth $3,972,406,000 after buying an additional 37,661,365 shares during the period. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix Stock Performance

Shares of Netflix stock opened at $82.18 on Monday. The firm has a 50-day simple moving average of $92.21 and a two-hundred day simple moving average of $91.94. The company has a market cap of $346.04 billion, a P/E ratio of 26.54, a price-to-earnings-growth ratio of 1.04 and a beta of 1.50. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12. 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:NFLX) last issued its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. The business had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $6.61 earnings per share. 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 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Netflix news, CEO Theodore A. Sarandos sold 27,312 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the transaction, the chief executive officer owned 284,804 shares in the company, valued at approximately $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Hyman sold 5,722 shares of the company’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total transaction of $503,993.76. Following the completion of the transaction, 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 position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 1,313,029 shares of company stock valued at $120,315,776. Insiders own 1.24% of the company’s stock.

Wall Street Analyst Weigh In

NFLX has been the subject of several research reports. Evercore initiated coverage on shares of Netflix in a research note on Friday, February 27th. They set an “outperform” rating and a $115.00 price objective for the company. Rosenblatt Securities decreased their target price on shares of Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday, April 17th. President Capital boosted their target price on shares of Netflix from $133.00 to $134.00 and gave the company a “buy” rating in a research report on Tuesday, March 31st. Erste Group Bank downgraded shares of Netflix from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Wedbush restated an “outperform” rating and set a $118.00 target price on shares of Netflix in a research report on Thursday, April 16th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock 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: Netflix is getting a boost from reports that Canada reversed a requirement that U.S. streaming services contribute part of local revenue to Canadian content, removing a potential cost/regulatory headwind. Netflix Stock Rises After Eight-Day Losing Streak. What’s Fueling the Move.
• Positive Sentiment: Netflix is expanding AI-driven viewing tools and content discovery features, including more personalized recommendations and a voice-based interface, which could improve engagement and retention. Netflix Bets On AI Tools As Stock Trades Below Analyst Targets
• Positive Sentiment: Bernstein said Netflix’s core business remains strong, reinforcing the view that the company’s underlying growth engine is intact despite recent weakness in the stock. “Don’t Ignore This,” Bernstein Analyst Says Netflix’s (NFLX) Core Engine Remains Strong
• Positive Sentiment: Wall Street commentary remains broadly optimistic, with analysts keeping a constructive view on Netflix after its strong earnings and revenue beat last quarter. Wall Street Bulls Look Optimistic About Netflix (NFLX): Should You Buy?

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.