Netflix, Inc. $NFLX Shares Sold by Roman Butler Fullerton & Co.

Roman Butler Fullerton & Co. cut its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 50.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,746 shares of the Internet television network’s stock after selling 11,140 shares during the quarter. Roman Butler Fullerton & Co.’s holdings in Netflix were worth $1,068,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in NFLX. First Financial Corp IN grew its stake in Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. raised its stake in shares of Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares during the last quarter. Turning Point Benefit Group Inc. raised its stake in shares of Netflix by 13,400.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 268 shares during the last quarter. Imprint Wealth LLC acquired a new stake in shares of Netflix during the third quarter worth about $25,000. Finally, Cornerstone Financial Management LLC acquired a new stake in shares of Netflix during the fourth quarter worth about $26,000. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Trading Down 0.2%

Netflix stock opened at $75.47 on Friday. The firm has a market cap of $317.79 billion, a PE ratio of 24.38, a P/E/G ratio of 0.96 and a beta of 1.52. Netflix, Inc. has a 12 month low of $70.86 and a 12 month high of $128.96. The stock’s 50 day simple moving average is $82.15 and its two-hundred day simple moving average is $87.73. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43.

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

Analysts Set New Price Targets

NFLX has been the topic of several research reports. Phillip Securities increased their price target on shares of Netflix from $100.00 to $110.00 in a report on Monday, April 20th. Citic Securities lifted their price objective on shares of Netflix from $95.00 to $107.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Erste Group Bank downgraded shares of Netflix from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Wolfe Research reiterated an “outperform” rating and issued a $107.00 price objective on shares of Netflix in a research note on Friday, April 17th. Finally, Bank of America reissued a “buy” rating and set a $125.00 target price on shares of Netflix in a report on Monday, May 18th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $113.65.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Negative Sentiment: A Wall Street Journal report said Netflix is exploring live TV-style channels, third-party app bundles, and other product changes because viewer engagement is slipping, which raised concerns that the company is searching for new ways to keep users hooked. Netflix Is Exploring Live TV and Bundles as It Struggles to Keep Viewers Hooked
• Negative Sentiment: Additional reports highlighted that engagement is starting to slip, with some commentary suggesting Netflix’s biggest hits are no longer holding audiences as long as before, reinforcing worries about slowing momentum. Netflix Faces New Warning Sign as Viewer Engagement Starts to Drop
• Neutral Sentiment: Jefferies reiterated a Buy rating and a $110 price target, but said it sees limited near-term upside catalyst, with investors likely to stay focused on subscriber trends, margins, and management guidance into earnings. Netflix heads into Q2 earnings as Jefferies sees limited upside catalyst
• Neutral Sentiment: Netflix is also being watched for strategic shifts such as gaming, short-form video, and lifestyle content, which could expand engagement over time but also underline that the company is still testing new growth levers. Netflix (NFLX) Is Betting On Gaming Again, But Analysts Don’t Like The Move
• Neutral Sentiment: The upcoming earnings report on July 16 is the main catalyst, with investors looking for signs on subscriber growth, ad revenue, and guidance that could either stabilize the stock or extend its decline. Netflix (NFLX) to Report Q2 Earnings on July 16. Here’s What Benchmark and Citi Expect

Insider Activity at Netflix

In other Netflix news, insider David A. Hyman sold 5,722 shares of Netflix stock in a transaction on 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 transaction, the insider owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. The trade was a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 386,700 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $85.97, for a total transaction of $33,244,599.00. Following the completion of the transaction, the director owned 3,940 shares of the company’s stock, valued at approximately $338,721.80. This trade represents a 98.99% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 899,839 shares of company stock valued at $80,141,661 in the last quarter. 1.24% of the stock is currently owned by insiders.

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.