Netflix, Inc. $NFLX Shares Acquired by Leeward Financial Partners LLC

Leeward Financial Partners LLC increased its position in Netflix, Inc. (NASDAQ:NFLX) by 1,082.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 64,430 shares of the Internet television network’s stock after acquiring an additional 58,981 shares during the quarter. Netflix accounts for approximately 1.7% of Leeward Financial Partners LLC’s holdings, making the stock its 18th largest holding. Leeward Financial Partners LLC’s holdings in Netflix were worth $6,041,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of Netflix by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock worth $46,183,983,000 after purchasing an additional 142,238 shares during the period. Checchi Capital Advisers LLC raised its position in shares of Netflix by 875.7% in the 4th quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network’s stock worth $2,920,000 after buying an additional 27,951 shares during the period. Contravisory Investment Management Inc. raised its position in shares of Netflix by 837.2% in the 4th quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network’s stock worth $10,443,000 after buying an additional 99,496 shares during the period. BNC Wealth Management LLC raised its position in shares of Netflix by 991.3% in the 4th quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network’s stock worth $3,866,000 after buying an additional 37,451 shares during the period. Finally, Crew Capital Management Ltd raised its position in shares of Netflix by 1,021.9% in the 4th quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network’s stock worth $847,000 after buying an additional 8,226 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Trading Down 0.4%

NASDAQ:NFLX opened at $87.35 on Thursday. The business’s 50-day moving average is $93.45 and its two-hundred day moving average is $93.59. 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, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The firm has a market capitalization of $367.81 billion, a PE ratio of 28.21, a price-to-earnings-growth ratio of 1.11 and a beta of 1.55.

Netflix (NASDAQ:NFLX) last released its quarterly earnings data 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 company had revenue of $12.25 billion for the quarter, compared to analyst estimates of $12.17 billion. During the same period last year, the company posted $6.61 earnings per share. The firm’s revenue 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.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. The Goldman Sachs Group raised Netflix from a “neutral” rating to a “buy” rating in a research report on Monday, April 13th. Citizens Jmp reaffirmed a “market perform” rating on shares of Netflix in a research report on Wednesday, April 15th. Wells Fargo & Company assumed coverage on Netflix in a research report on Monday, March 9th. They issued an “equal weight” rating and a $105.00 target price on the stock. HSBC increased their target price on Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Finally, Seaport Research Partners increased their target price on Netflix from $115.00 to $119.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and sixteen have given 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.

Insider Activity at Netflix

In other news, insider David A. Hyman sold 5,722 shares of the firm’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 sale, the insider directly owned 316,100 shares in the company, valued at $27,842,088. This trade represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Theodore A. Sarandos sold 27,312 shares of the firm’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 sale, the chief executive officer owned 284,804 shares of the company’s stock, valued at $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. 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. Over the last ninety days, insiders sold 1,422,769 shares of company stock valued at $135,144,073. 1.24% of the stock is currently owned by insiders.

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.