Winch Advisory Services LLC increased its position in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 899.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 52,710 shares of the Internet television network’s stock after acquiring an additional 47,437 shares during the period. Netflix makes up about 1.1% of Winch Advisory Services LLC’s investment portfolio, making the stock its 19th biggest position. Winch Advisory Services LLC’s holdings in Netflix were worth $4,942,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also modified their holdings of NFLX. Vanguard Group Inc. increased its position in Netflix by 0.4% during the third 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 last quarter. Checchi Capital Advisers LLC increased its position in Netflix by 875.7% during the fourth quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network’s stock worth $2,920,000 after purchasing an additional 27,951 shares during the last quarter. Contravisory Investment Management Inc. increased its position in Netflix by 837.2% during the fourth quarter. Contravisory Investment Management Inc. now owns 111,380 shares of the Internet television network’s stock worth $10,443,000 after purchasing an additional 99,496 shares during the last quarter. Crew Capital Management Ltd boosted its holdings in Netflix by 1,021.9% in the fourth quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network’s stock valued at $847,000 after acquiring an additional 8,226 shares during the last quarter. Finally, BNC Wealth Management LLC boosted its holdings in Netflix by 991.3% in the fourth quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network’s stock valued at $3,866,000 after acquiring an additional 37,451 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.
Netflix Stock Up 0.0%
Shares of NASDAQ NFLX opened at $88.27 on Friday. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The firm has a market cap of $371.70 billion, a price-to-earnings 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. The stock’s 50-day simple moving average is $95.44 and its 200-day simple moving average is $96.08.
Analyst Ratings Changes
NFLX has been the topic of a number of recent research reports. Canaccord Genuity Group set a $125.00 price objective on Netflix and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Benchmark restated a “hold” rating on shares of Netflix in a research note on Tuesday, January 13th. Wells Fargo & Company initiated coverage on Netflix in a research note on Monday, March 9th. They set an “equal weight” rating and a $105.00 price objective on the stock. Citigroup initiated coverage on Netflix in a research note on Thursday, April 16th. They set a “market perform” rating on the stock. Finally, TD Cowen reduced their price objective on Netflix from $115.00 to $112.00 and set a “buy” rating on the stock in a research note on Wednesday, January 21st. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.
Read Our Latest Research Report on NFLX
Insider Buying and Selling at Netflix
In other news, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the sale, the chief executive officer directly owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Spencer Adam Neumann sold 9,253 shares of Netflix 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 sale, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $6,563,353.65. The trade was a 11.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,458,944 shares of company stock valued at $138,141,007. Company insiders own 1.37% of the company’s stock.
Netflix News Summary
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Strong reviews for Netflix’s new drama “Remarkably Bright Creatures” (Sally Field) could help engagement and retention for the content slate — a near‑term programming win that supports subscriber momentum. Remarkably Bright Creatures Review
- Positive Sentiment: Analyst upgrades, raised price targets and buyback commentary provide supportive fundamental narrative — analysts have bumped targets and some sector pieces highlight buyback plans that could reduce float and underpin the stock. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
- Neutral Sentiment: Warner Bros. Discovery’s large Q1 loss centers on a one‑time $2.8B termination fee tied to the failed acquisition sequence — headlines mention Netflix’s role in the M&A settlement but this is an accounting/one‑off item for WBD rather than recurring demand signal for Netflix. WBD Logs $2.92B Loss
- Neutral Sentiment: Market/technical commentary is mixed: some analysts call the post‑earnings pullback overdone while others warn of resistance near ~$100 and ongoing volatility — these views temper conviction in near‑term direction. Is It Time To Reassess Netflix?
- Negative Sentiment: Concentrated insider selling: CEO Greg Peters sold 27,312 shares (~$88.69 avg) and CFO Spencer Neumann sold 9,253 shares (~$88.95 avg) on May 7 — sizable, visible exec sales (and other recent insider exits) increase perceived supply pressure and can amplify short‑term selling. Insider Selling: Netflix CEO Sells Shares
- Negative Sentiment: Analyst/technical headwinds: clustered price targets below prior highs and short positioning are cited in trading commentary as reasons for continued downside risk and intraday weakness. What’s Going On With Netflix Stock?
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.
See Also
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