Praxis Investment Management Inc. Increases Stock Holdings in Netflix, Inc. $NFLX

Praxis Investment Management Inc. increased its holdings in Netflix, Inc. (NASDAQ:NFLX) by 863.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 113,139 shares of the Internet television network’s stock after buying an additional 101,397 shares during the period. Netflix comprises about 0.6% of Praxis Investment Management Inc.’s holdings, making the stock its 23rd largest position. Praxis Investment Management Inc.’s holdings in Netflix were worth $10,608,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of Netflix by 912.5% in the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock valued at $36,567,805,000 after purchasing an additional 351,493,659 shares during the last quarter. Baillie Gifford & Co. raised its position in shares of Netflix by 912.3% during the 4th quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network’s stock worth $3,463,498,000 after purchasing an additional 33,290,988 shares during the last quarter. Jennison Associates LLC lifted its stake in Netflix by 639.9% in the 4th quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network’s stock valued at $3,269,594,000 after buying an additional 30,158,900 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in Netflix by 891.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network’s stock valued at $1,134,487,000 after buying an additional 10,879,276 shares during the last quarter. Finally, Principal Financial Group Inc. grew its holdings in Netflix by 850.7% during the 4th quarter. Principal Financial Group Inc. now owns 10,858,157 shares of the Internet television network’s stock valued at $1,018,062,000 after buying an additional 9,716,017 shares during the last quarter. 80.93% of the stock is owned by institutional investors and hedge funds.

Netflix Stock Up 0.4%

Shares of NASDAQ:NFLX opened at $88.27 on Thursday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. The firm has a market cap of $371.69 billion, a price-to-earnings ratio of 28.51, a PEG ratio of 1.13 and a beta of 1.55. The stock’s 50-day moving average price is $95.24 and its two-hundred day moving average price is $96.30. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter in the prior year, the company posted $6.61 EPS. The company’s quarterly revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, research analysts forecast that Netflix, Inc. will post 3.56 EPS for the current year.

Insider Activity

In other news, insider David A. Hyman sold 5,727 shares of the company’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $81.06, for a total transaction of $464,230.62. Following the completion of the sale, the insider directly owned 316,100 shares in the company, valued at $25,623,066. This represents a 1.78% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Reed Hastings sold 420,550 shares of Netflix stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total value of $40,158,319.50. Following the completion of the transaction, the director owned 3,940 shares in the company, valued at $376,230.60. The trade was a 99.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,431,627 shares of company stock valued at $135,647,236 in the last ninety days. 1.37% of the stock is owned by company insiders.

Analysts Set New Price Targets

NFLX has been the subject of a number of analyst reports. Needham & Company LLC reissued a “buy” rating on shares of Netflix in a report on Friday, April 17th. Erste Group Bank cut Netflix from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Pivotal Research set a $96.00 target price on shares of Netflix and gave the company a “hold” rating in a research note on Friday, April 17th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Netflix from $98.00 to $100.00 and gave the company a “hold” rating in a report on Tuesday, April 14th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $107.00 price target on shares of Netflix in a research note on Friday, April 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and fifteen have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.82.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Warner Bros. Discovery recorded a ~$2.8B termination/merger charge tied to the bidding process — coverage frames this as a one‑time accounting loss for WBD that reflects fees tied to Netflix’s involvement in the takeover talks; that outcome is read as a direct, positive cash/legal resolution for Netflix. Warner Bros. Discovery Logs $2.92 Billion Loss Tied to Netflix Termination Fee
• Positive Sentiment: Market pieces highlight buyback talk and distribution partnerships (e.g., theater tie‑ups) as structural supports that could buoy share price over time if executed. Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?
• Neutral Sentiment: Analyst/strategy notes point to a soft first half and a stronger second‑half bull case; these are forward‑looking and temper immediate upside but support a recovery thesis later in the year. Netflix’s First Half Is Soft. The Second Half Is Where the Bull Case Lives
• Neutral Sentiment: Sector moves (Disney beat/stock pop) are reshuffling investor attention across big media names; Disney’s strength is a mixed signal for Netflix — competitive but also positive for streaming investor interest. Disney Stock Is Up 8% Today
• Negative Sentiment: Significant insider selling: CEO Ted Sarandos and other insiders sold shares this week (tax/vesting reasons were cited), including a large pre‑arranged sale by co‑founder Reed Hastings — these add short‑term supply into the market and weigh on sentiment. Netflix Insider Sells
• Negative Sentiment: Technical/analyst pressure: multiple notes flag resistance near ~$100 and lower clustered targets; that technical context helps explain recent intraday weakness and keeps volatility elevated. What’s Going On With Netflix Stock

Netflix Company 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.