Cravens & Co Advisors LLC Raises Position in Netflix, Inc. $NFLX

Posted by on Jun 3rd, 2026

Cravens & Co Advisors LLC grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 850.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,637 shares of the Internet television network’s stock after purchasing an additional 8,623 shares during the quarter. Cravens & Co Advisors LLC’s holdings in Netflix were worth $870,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Netflix by 912.5% during the 4th quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock worth $36,567,805,000 after acquiring an additional 351,493,659 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Netflix by 892.0% during the 4th quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock worth $9,305,336,000 after acquiring an additional 89,558,684 shares during the period. Norges Bank purchased a new position in shares of Netflix during the 4th quarter worth about $5,803,248,000. Baillie Gifford & Co. lifted its holdings 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 acquiring an additional 33,290,988 shares during the period. Finally, Jennison Associates LLC raised its position in shares of Netflix by 639.9% in the 4th quarter. Jennison Associates LLC now owns 34,871,951 shares of the Internet television network’s stock worth $3,269,594,000 after buying an additional 30,158,900 shares during the period. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Stock Down 2.9%

Shares of NASDAQ NFLX opened at $83.33 on Wednesday. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The firm has a market cap of $350.89 billion, a price-to-earnings ratio of 26.92, a PEG ratio of 1.09 and a beta of 1.50. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The stock’s 50-day simple moving average is $93.00 and its 200-day simple moving average is $93.09.

Netflix (NASDAQ:NFLX – Get Free Report) last announced its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%.The company’s revenue for the quarter was up 16.2% compared to the same quarter last year. During the same period in the previous year, the company earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, equities analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Wedbush reissued an “outperform” rating and issued a $118.00 price objective on shares of Netflix in a research report on Thursday, April 16th. Evercore assumed coverage on Netflix in a research report on Friday, February 27th. They issued an “outperform” rating and a $115.00 price objective on the stock. Moffett Nathanson raised their price objective on Netflix from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, April 14th. Citic Securities raised their price objective on Netflix from $95.00 to $107.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of Netflix in a research report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $114.82.

Read Our Latest Research Report on NFLX

Insiders Place Their Bets

In related news, CEO Gregory K. Peters sold 27,312 shares of Netflix 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 owned 120,931 shares in the company, valued at approximately $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Spencer Adam Neumann sold 9,253 shares of Netflix stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total transaction of $823,054.35. Following the completion of the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at approximately $6,563,353.65. This trade represents a 11.14% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 1,313,029 shares of company stock valued at $120,315,776. 1.24% of the stock is owned by insiders.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

  • Positive Sentiment: Netflix continues to expand beyond core streaming, with new live-content initiatives and franchise-based consumer product deals that could create additional revenue streams over time.
  • Positive Sentiment: Some analysts view Netflix as attractively priced after the pullback, noting that it is trading closer to its 52-week low while free cash flow guidance has improved and the ad business is scaling.
  • Neutral Sentiment: Recent commentary focuses on whether Netflix has shifted from a pure growth story toward a more mature, value-like profile, which could change how investors judge the stock.
  • Neutral Sentiment: Media coverage on June streaming lineups may help keep Netflix’s content slate in view, but it is not a clear near-term catalyst on its own.
  • Negative Sentiment: Netflix stock has been falling even as the broader market rises, reflecting weaker momentum and investor concerns about its premium valuation relative to recent performance.
  • Negative Sentiment: Director Reed Hastings sold 386,700 shares in a pre-arranged 10b5-1 plan, which may add to negative sentiment even though the sale was planned in advance.

About Netflix

(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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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