SP Asset Management LLC Buys 25,897 Shares of Netflix, Inc. $NFLX

SP Asset Management LLC raised its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 869.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,877 shares of the Internet television network’s stock after acquiring an additional 25,897 shares during the quarter. SP Asset Management LLC’s holdings in Netflix were worth $2,708,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. WPG Advisers LLC grew its holdings in shares of Netflix by 859.5% in the 4th quarter. WPG Advisers LLC now owns 5,939 shares of the Internet television network’s stock worth $557,000 after purchasing an additional 5,320 shares during the last quarter. Chicago Partners Investment Group LLC lifted its holdings in Netflix by 840.8% during the 4th quarter. Chicago Partners Investment Group LLC now owns 29,166 shares of the Internet television network’s stock valued at $2,512,000 after purchasing an additional 26,066 shares during the last quarter. Quent Long Short Global Small Cap Fund LP bought a new position in Netflix during the 4th quarter valued at about $2,187,000. Barrett & Company Inc. boosted its position in Netflix by 500.7% in the fourth quarter. Barrett & Company Inc. now owns 907 shares of the Internet television network’s stock valued at $85,000 after buying an additional 756 shares in the last quarter. Finally, Cornerstone Advisory LLC boosted its position in Netflix by 891.4% in the fourth quarter. Cornerstone Advisory LLC now owns 5,671 shares of the Internet television network’s stock valued at $532,000 after buying an additional 5,099 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Insider Buying and Selling

In other Netflix news, insider David A. Hyman sold 5,727 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $81.06, for a total value of $464,230.62. Following the sale, the insider directly owned 316,100 shares in the company, valued at approximately $25,623,066. This trade represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Reed Hastings sold 420,550 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the completion of the sale, the director owned 3,940 shares of the company’s stock, valued at approximately $376,230.60. This represents 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. Insiders sold a total of 1,487,794 shares of company stock worth $136,255,772 over the last quarter. Insiders own 1.37% of the company’s stock.

Netflix Stock Performance

Shares of Netflix stock opened at $92.82 on Friday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.19. The firm has a market cap of $390.85 billion, a P/E ratio of 29.98, a P/E/G ratio of 1.21 and a beta of 1.67. The firm has a 50 day simple moving average of $93.29 and a 200 day simple moving average of $97.74. Netflix, Inc. has a fifty-two week low of $75.01 and a fifty-two week high of $134.12.

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, topping 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 analysts’ expectations of $12.17 billion. During the same quarter in the previous year, the company posted $6.61 EPS. Netflix’s revenue was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Sell-side analysts predict that Netflix, Inc. will post 3.53 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on NFLX shares. Pivotal Research set a $96.00 price objective on shares of Netflix and gave the stock a “hold” rating in a report on Friday, April 17th. KeyCorp reissued an “overweight” rating and issued a $115.00 target price (up from $108.00) on shares of Netflix in a report on Tuesday, April 14th. Erste Group Bank raised Netflix from a “hold” rating to a “buy” rating in a report on Tuesday, March 24th. Cfra upgraded Netflix from a “hold” rating to a “buy” rating and set a $115.00 price objective for the company in a research report on Friday, March 6th. Finally, Citizens Jmp restated a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $114.53.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Board authorizes an extra $25 billion share buyback (no expiration), boosting capital returns and supporting the share price. Netflix announces $25 billion share buyback
• Positive Sentiment: Daiwa raised its price target to $102 and kept an outperform rating, signaling some analyst conviction in upside from current levels. Daiwa Securities adjusts price target on Netflix to $102
• Positive Sentiment: JPMorgan reaffirmed a buy stance and investors are pointing to product initiatives (see below) and engagement gains as reasons to stay constructive. JPMorgan keeps Netflix buy rating
• Positive Sentiment: Netflix plans a TikTok‑style vertical video feed to capture short‑form engagement and funnel viewers into longer content — a potential long‑term engagement/monetization tailwind. Netflix Eyes TikTok-Style Feed To Capture ‘Snackable’ Viewing
• Neutral Sentiment: Netflix is in talks to buy Radford Studio Center (historic LA lot) — could lower production costs and secure capacity, but transaction terms/outcome remain uncertain. Netflix In Negotiations To Buy Radford Studios
• Neutral Sentiment: Board recommended voting “no” on two shareholder proposals framed as anti‑woke; governance/item resolution is unlikely to move fundamentals materially short term. Netflix Boards Recommends ‘No’ Votes On Two ‘Anti-Woke’ Proposals
• Negative Sentiment: Investors continue to react to the post‑earnings sell‑off tied to softer guidance despite mixed/solid underlying engagement — the guidance shock remains the primary near‑term headwind for the stock. Netflix (NFLX) Stock Plunges 13%: Should Investors Buy the Dip?
• Negative Sentiment: Warner Bros. Discovery shareholders approved the $110B sale to Paramount Skydance — Netflix lost out in the takeover, and industry consolidation could reshape competitive dynamics for content/licensing and future M&A opportunities. Warner Bros Shareholders Approve $110 Billion Paramount Skydance Merger

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.