Patron Partners LLC Acquires 14,396 Shares of Netflix, Inc. $NFLX

Posted by Lindsey Winhoffer on Jun 6th, 2026

Patron Partners LLC boosted its holdings in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 861.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,067 shares of the Internet television network’s stock after buying an additional 14,396 shares during the period. Patron Partners LLC’s holdings in Netflix were worth $1,506,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. OneAscent Financial Services LLC increased its position in Netflix by 866.7% in the 4th quarter. OneAscent Financial Services LLC now owns 4,650 shares of the Internet television network’s stock worth $436,000 after buying an additional 4,169 shares during the period. Francis Financial Inc. increased its position in Netflix by 814.3% in the 4th quarter. Francis Financial Inc. now owns 2,240 shares of the Internet television network’s stock worth $210,000 after buying an additional 1,995 shares during the period. BIT Capital GmbH increased its position in shares of Netflix by 1,095.0% during the fourth quarter. BIT Capital GmbH now owns 7,636 shares of the Internet television network’s stock valued at $716,000 after purchasing an additional 6,997 shares during the period. Pinebridge Investments LLC bought a new stake in shares of Netflix during the fourth quarter valued at approximately $66,228,000. Finally, PBU The Pension Fund of Early Childhood & Youth Educators bought a new stake in shares of Netflix during the fourth quarter valued at approximately $12,877,000. 80.93% of the stock is owned by institutional investors.

More Netflix News

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Netflix is getting a boost from reports that Canada reversed a requirement that U.S. streaming services contribute part of local revenue to Canadian content, removing a potential cost/regulatory headwind. Netflix Stock Rises After Eight-Day Losing Streak. What’s Fueling the Move.
Positive Sentiment: Netflix is expanding AI-driven viewing tools and content discovery features, including more personalized recommendations and a voice-based interface, which could improve engagement and retention. Netflix Bets On AI Tools As Stock Trades Below Analyst Targets
Positive Sentiment: Bernstein said Netflix’s core business remains strong, reinforcing the view that the company’s underlying growth engine is intact despite recent weakness in the stock. “Don’t Ignore This,” Bernstein Analyst Says Netflix’s (NFLX) Core Engine Remains Strong
Positive Sentiment: Wall Street commentary remains broadly optimistic, with analysts keeping a constructive view on Netflix after its strong earnings and revenue beat last quarter. Wall Street Bulls Look Optimistic About Netflix (NFLX): Should You Buy?

Netflix Price Performance

Shares of NFLX stock opened at $82.18 on Friday. The stock’s fifty day simple moving average is $92.21 and its 200 day simple moving average is $92.20. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market cap of $346.04 billion, a price-to-earnings ratio of 26.54, a P/E/G ratio of 1.04 and a beta of 1.50. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12.

Netflix (NASDAQ:NFLX – Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $12.25 billion for 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%.Netflix’s quarterly revenue was up 16.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Seaport Research Partners boosted their price objective on Netflix from $115.00 to $119.00 and gave the company a “buy” rating in a research report on Friday, April 17th. DZ Bank restated a “buy” rating on shares of Netflix in a research report on Friday, April 17th. Citizens Jmp restated a “market perform” rating on shares of Netflix in a research report on Wednesday, April 15th. Guggenheim restated a “buy” rating and set a $120.00 price objective on shares of Netflix in a research report on Friday, May 15th. Finally, Piper Sandler restated an “overweight” rating and set a $115.00 price objective (up from $103.00) on shares of Netflix in a research report on Friday, April 17th. Two analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $114.82.

Read Our Latest Stock Report on Netflix

Insiders Place Their Bets

In related news, CEO Theodore A. Sarandos sold 27,312 shares of the business’s stock in a transaction on Tuesday, May 5th. The stock was 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. The trade was a 8.75% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $88.69, for a total value of $2,422,301.28. Following the completion of the sale, the chief executive officer directly owned 120,931 shares in the company, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,313,029 shares of company stock worth $120,315,776 over the last quarter. Corporate insiders own 1.24% of the company’s stock.

Netflix Profile

(Free Report)

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.