Park Avenue Securities LLC Grows Stake in Netflix, Inc. $NFLX

Park Avenue Securities LLC increased its position in Netflix, Inc. (NASDAQ:NFLX) by 915.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 247,565 shares of the Internet television network’s stock after acquiring an additional 223,177 shares during the period. Park Avenue Securities LLC’s holdings in Netflix were worth $23,212,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Coastline Trust Co lifted its holdings in Netflix by 897.6% in the fourth quarter. Coastline Trust Co now owns 129,772 shares of the Internet television network’s stock valued at $12,167,000 after acquiring an additional 116,763 shares during the period. GoalVest Advisory LLC grew its stake in shares of Netflix by 3,205.0% during the 4th quarter. GoalVest Advisory LLC now owns 1,322 shares of the Internet television network’s stock valued at $124,000 after purchasing an additional 1,282 shares during the period. Miller Global Investments LLC bought a new stake in shares of Netflix during the 4th quarter valued at about $38,000. CGN Advisors LLC purchased a new stake in shares of Netflix during the 4th quarter valued at about $1,311,000. Finally, GK Wealth Management LLC increased its position in shares of Netflix by 840.6% during the 4th quarter. GK Wealth Management LLC now owns 8,691 shares of the Internet television network’s stock valued at $815,000 after purchasing an additional 7,767 shares during the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Citi reinstated coverage on NFLX with a Buy and a higher price target, arguing the company is better positioned to raise prices, expand margins and return cash after stepping away from a Warner deal. Citi bullish on Netflix after walking away from Warner deal
• Positive Sentiment: Content and event catalysts: Netflix is pushing originals and theatrical windows (Stranger Things movie activity), hosting a major BTS event and reportedly planning a global tour tied to its K‑pop hit — moves that can drive engagement and ancillary revenue. Netflix balances EU rule talks with BTS event and franchise wins
• Neutral Sentiment: Media noise and PR stories (including coverage about Meghan & Harry and Netflix) are getting press attention but are unlikely to materially affect core subscriber or revenue trends. Variety / aggregated coverage on royal couple and Netflix
• Negative Sentiment: Operational concerns: reports note a sharp slowdown in paid subscriber growth (reported ~46% YoY decline in a headline) while Netflix plans to increase 2026 content spending ~10%, raising near‑term margin and cash‑flow questions. Netflix stock tumbles as subscriber growth stalls and content budget balloons
• Negative Sentiment: Short‑term stock weakness/profit taking: outlets note a pullback after a ~23% one‑month advance and intraday/closing declines; the market is digesting mixed signals (growth vs. spend) and trimming positions. Netflix falls more steeply than broader market

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NFLX. JPMorgan Chase & Co. began coverage on shares of Netflix in a report on Monday, March 2nd. They issued an “overweight” rating and a $120.00 price objective on the stock. Piper Sandler reaffirmed a “positive” rating and set a $103.00 target price (down from $140.00) on shares of Netflix in a report on Wednesday, January 21st. HSBC decreased their price target on shares of Netflix from $107.00 to $106.00 and set a “buy” rating on the stock in a research report on Wednesday, January 21st. Jefferies Financial Group reiterated a “buy” rating on shares of Netflix in a research note on Friday, February 27th. Finally, Barclays started coverage on shares of Netflix in a research report on Monday, March 2nd. They set an “equal weight” rating and a $115.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and thirteen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $114.35.

Insider Activity at Netflix

In other Netflix news, insider David A. Hyman sold 23,439 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $88.11, for a total value of $2,065,210.29. Following the completion of the sale, the insider owned 316,100 shares in the company, valued at approximately $27,851,571. This represents a 6.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Gregory K. Peters sold 105,781 shares of the firm’s stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $82.94, for a total value of $8,773,476.14. Following the sale, the chief executive officer directly owned 122,140 shares in the company, valued at approximately $10,130,291.60. This represents a 46.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,520,133 shares of company stock worth $137,259,786 in the last 90 days. Company insiders own 1.37% of the company’s stock.

Netflix Price Performance

NASDAQ NFLX opened at $91.75 on Friday. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The stock has a market cap of $387.38 billion, a price-to-earnings ratio of 36.31, a PEG ratio of 1.45 and a beta of 1.68. The company’s 50 day moving average is $86.82 and its two-hundred day moving average is $101.89. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. The business had revenue of $12.05 billion during the quarter, compared to analyst estimates of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The company’s revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. As a group, research analysts anticipate that Netflix, Inc. will post 24.58 earnings per share for the current year.

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.