Nvest Financial LLC Raises Stock Holdings in Netflix, Inc. $NFLX

Nvest Financial LLC raised its position in shares of Netflix, Inc. (NASDAQ:NFLX) by 1,213.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 38,609 shares of the Internet television network’s stock after buying an additional 35,669 shares during the period. Netflix comprises about 1.5% of Nvest Financial LLC’s investment portfolio, making the stock its 20th biggest holding. Nvest Financial LLC’s holdings in Netflix were worth $3,620,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of NFLX. Apriem Advisors raised its position in Netflix by 0.6% during the 3rd quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock valued at $1,879,000 after purchasing an additional 9 shares during the last quarter. Tortoise Investment Management LLC boosted its holdings in Netflix by 10.8% in the third quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock valued at $110,000 after acquiring an additional 9 shares in the last quarter. Brass Tax Wealth Management Inc. boosted its holdings in Netflix by 3.2% in the third quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock valued at $345,000 after acquiring an additional 9 shares in the last quarter. Pacific Sun Financial Corp increased its position in Netflix by 1.6% during the 3rd quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock valued at $688,000 after purchasing an additional 9 shares during the period. Finally, Black Diamond Financial LLC increased its position in Netflix by 5.2% during the 3rd quarter. Black Diamond Financial LLC now owns 202 shares of the Internet television network’s stock valued at $242,000 after purchasing an additional 10 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

NFLX has been the subject of several research analyst reports. Citizens Jmp restated a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Cfra upgraded Netflix from a “hold” rating to a “buy” rating and set a $115.00 target price for the company in a research note on Friday, March 6th. Wolfe Research restated an “outperform” rating and set a $107.00 price target on shares of Netflix in a research report on Friday, April 17th. Wells Fargo & Company began coverage on Netflix in a research note on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price target on the stock. Finally, Arete Research raised Netflix from a “neutral” rating to a “buy” rating in a research report on Friday, February 27th. Two research 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 presently has a consensus rating of “Moderate Buy” and an average price target of $114.82.

Insider Activity

In other news, insider David A. Hyman sold 5,722 shares of the firm’s stock in a transaction on 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 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 through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Reed Hastings sold 420,550 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the completion of the transaction, the director owned 3,940 shares in the company, valued at approximately $376,230.60. The trade was a 99.07% 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. Over the last three months, insiders sold 1,313,029 shares of company stock valued at $120,315,776. 1.24% of the stock is currently owned by insiders.

Netflix Stock Performance

Shares of NFLX opened at $81.52 on Thursday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43. The business’s 50 day moving average price is $92.59 and its 200-day moving average price is $92.67. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The stock has a market cap of $343.26 billion, a P/E ratio of 26.33, a P/E/G ratio of 1.06 and a beta of 1.50.

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

Key Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is still expanding beyond core streaming, with new live-content initiatives and franchise-based consumer product partnerships that could create additional revenue streams over time. A Look At Netflix (NFLX) Valuation As Live Content And Franchise Deals Broaden Its Business Model
• Positive Sentiment: Some commentary says Netflix may be attractively valued after the recent pullback, pointing to improved free cash flow guidance and a growing advertising business. Has Netflix Become More of a Value Stock Than a Growth Stock?
• Neutral Sentiment: Investors and analysts are debating whether Netflix is evolving from a pure growth stock into a more mature, value-like business, which may influence how the market prices the shares going forward. Amid the Artificial Intelligence (AI) Bonanza, Investors Might be Overlooking a Big Opportunity to Buy Netflix Stock
• Negative Sentiment: Netflix’s stock is falling even as the broader market has been stronger, reflecting weak momentum and concern that the shares may still be vulnerable after their earlier run-up. Netflix (NFLX) Stock Falls Amid Market Uptick: What Investors Need to Know
• Negative Sentiment: Director Reed Hastings sold 386,700 shares in a pre-arranged 10b5-1 plan, adding to negative sentiment even though the sale was not discretionary. Insider Selling: Netflix (NASDAQ:NFLX) Director Sells 386,700 Shares of 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.