Vise Technologies Inc. grew its stake in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 1,266.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 167,876 shares of the Internet television network’s stock after buying an additional 155,592 shares during the quarter. Vise Technologies Inc.’s holdings in Netflix were worth $15,740,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in NFLX. Imprint Wealth LLC acquired a new stake in shares of Netflix during the 3rd quarter worth about $25,000. Bare Financial Services Inc increased its position in shares of Netflix by 93.3% during the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 14 shares in the last quarter. Horizon Financial Services LLC increased its position in shares of Netflix by 480.0% during the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 24 shares in the last quarter. Redmont Wealth Advisors LLC acquired a new stake in shares of Netflix during the third quarter worth about $36,000. Finally, Promus Capital LLC acquired a new stake in shares of Netflix during the third quarter worth about $48,000. Hedge funds and other institutional investors own 80.93% of the company’s stock.
Wall Street Analysts Forecast Growth
NFLX has been the topic of a number of research analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Netflix in a research report on Friday, April 17th. Wolfe Research reaffirmed an “outperform” rating and set a $107.00 price target on shares of Netflix in a research report on Friday, April 17th. Bank of America reaffirmed a “buy” rating and set a $125.00 price target on shares of Netflix in a research report on Monday, May 18th. Guggenheim reiterated a “buy” rating and issued a $120.00 price target on shares of Netflix in a research report on Friday, May 15th. Finally, Citigroup initiated coverage on shares of Netflix in a research report on Thursday, April 16th. They issued a “market perform” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.82.
Netflix Trading Up 0.0%
NASDAQ:NFLX opened at $81.56 on Friday. The firm has a market cap of $343.43 billion, a P/E ratio of 26.34, a PEG ratio of 1.04 and a beta of 1.50. 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 stock’s 50 day simple moving average is $92.41 and its 200-day simple moving average is $92.43. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12.
Netflix (NASDAQ:NFLX – Get Free Report) last released its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating 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 quarter in the previous year, the company posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities analysts anticipate that Netflix, Inc. will post 3.6 EPS for the current year.
Netflix News Roundup
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Canada reversed a policy that would have forced U.S. streamers like Netflix to contribute 15% of Canadian revenue to local content, removing a potential margin headwind and helping shares rebound after an extended selloff. Netflix Stock Rises After Eight-Day Losing Streak. What’s Fueling the Move.
- Positive Sentiment: Netflix is pushing deeper into AI-powered recommendations and a voice-based search interface, which could improve engagement and help users find content more easily. Netflix Stock Rises After Unveiling New AI Viewing Tools
- Positive Sentiment: Bernstein said Netflix’s core business remains strong despite recent share weakness, reinforcing the view that subscriber and operating fundamentals are still intact. “Don’t Ignore This,” Bernstein Analyst Says Netflix’s (NFLX) Core Engine Remains Strong
- Neutral Sentiment: FIFA said a new World Cup game will launch on Netflix Games on June 11, adding to the company’s gaming efforts, though the near-term financial impact appears limited. FIFA unveils Netflix World Cup game timed for 2026 tournament kickoff
- Negative Sentiment: Netflix has been on its longest losing streak since 2022, with investors worried that competitive pressure and slowing momentum could be weighing on growth. Netflix Stock Is in the Longest Losing Streak Since 2022
- Negative Sentiment: Market commentary also highlighted concerns that Amazon and other rivals are making inroads in streaming, adding to the bearish sentiment around NFLX. Netflix investors are getting squeamish as Amazon makes inroads in the battle for streaming dominance
Insiders Place Their Bets
In other news, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $88.69, for a total value of $2,422,301.28. Following the transaction, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. The trade was a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David A. Hyman sold 5,722 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following the completion of the transaction, the insider directly owned 316,100 shares in the company, valued at approximately $27,842,088. The trade was a 1.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 1,313,029 shares of company stock valued at $120,315,776. 1.24% of the stock is owned by company insiders.
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.
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