Retirement Planning Group LLC lowered its position in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 52.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 11,138 shares of the Internet television network’s stock after selling 12,470 shares during the period. Retirement Planning Group LLC’s holdings in Netflix were worth $1,071,000 as of its most recent SEC filing.
Other hedge funds have also recently added to or reduced their stakes in the company. Mattern Capital Management LLC raised its holdings in Netflix by 79.2% during the first quarter. Mattern Capital Management LLC now owns 27,783 shares of the Internet television network’s stock worth $2,671,000 after buying an additional 12,280 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its holdings in shares of Netflix by 10.0% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 123,240 shares of the Internet television network’s stock valued at $11,850,000 after buying an additional 11,227 shares during the last quarter. Bleakley Financial Group LLC increased its position in shares of Netflix by 7.9% during the first quarter. Bleakley Financial Group LLC now owns 149,361 shares of the Internet television network’s stock worth $14,361,000 after acquiring an additional 10,991 shares in the last quarter. V2 Financial group LLC increased its position in shares of Netflix by 40.4% during the first quarter. V2 Financial group LLC now owns 8,623 shares of the Internet television network’s stock worth $829,000 after acquiring an additional 2,483 shares in the last quarter. Finally, WJ Financial Advisors LLC increased its position in shares of Netflix by 13.9% during the first quarter. WJ Financial Advisors LLC now owns 7,999 shares of the Internet television network’s stock worth $769,000 after acquiring an additional 979 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently weighed in on NFLX. Sanford C. Bernstein set a $100.00 price target on shares of Netflix and gave the company an “outperform” rating in a research report on Wednesday, July 8th. Moffett Nathanson decreased their price objective on Netflix from $120.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, June 17th. China Renaissance increased their price objective on Netflix from $90.00 to $100.00 and gave the stock a “hold” rating in a research note on Friday, April 17th. Wolfe Research reissued an “outperform” rating and issued a $107.00 price objective on shares of Netflix in a research note on Friday, April 17th. Finally, Oppenheimer dropped their target price on Netflix from $120.00 to $100.00 and set an “outperform” rating on the stock in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $111.29.
Netflix Trading Down 0.4%
NASDAQ:NFLX opened at $73.53 on Wednesday. Netflix, Inc. has a 52 week low of $70.86 and a 52 week high of $127.75. The firm has a 50-day moving average price of $81.09 and a two-hundred day moving average price of $87.31. 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 firm has a market cap of $309.62 billion, a price-to-earnings ratio of 23.75, a price-to-earnings-growth ratio of 0.94 and a beta of 1.52.
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 for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The company’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the business’s stock in a transaction 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 Securities & Exchange Commission, which is accessible through this link. Also, CEO Theodore A. Sarandos sold 27,312 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the transaction, the chief executive officer owned 284,804 shares of the company’s stock, valued at $25,054,207.88. This trade represents a 8.75% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 899,839 shares of company stock valued at $80,141,661. 1.24% of the stock is currently owned by insiders.
Netflix News Roundup
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Several firms remain constructive ahead of earnings, with Bank of America, TD Cowen, and Rosenblatt reiterating bullish or neutral-to-positive views and pointing to upside from advertising growth, stronger content, and margin expansion. Netflix set to report earnings as investors focus on engagement trends, strategic priorities
- Positive Sentiment: Netflix recently secured exclusive MLB Home Run Derby streaming rights, giving it a new live-sports event that could support subscriber engagement and expand its content strategy beyond traditional streaming. Can These 12 States Sink The Paramount-Warner Bros. Deal?
- Neutral Sentiment: Traders are positioning for a large post-earnings move, with options pricing implying roughly an 8% swing after results; that reflects uncertainty rather than a clear directional signal. Netflix Stock Price Braces for an 8% Move as Q2 Earnings Near
- Neutral Sentiment: Media coverage continues to frame Netflix as a Wall Street favorite but also a target for regulators, especially as its monthly subscription price has risen sharply over the past year. Your monthly Netflix bill is up 29% in just over a year. Critics say Washington needs to fix it.
- Negative Sentiment: Multiple articles highlight that Netflix shares have been sliding in 2026, with concerns over engagement trends, competition, and whether the ad business is scaling fast enough to justify the valuation. 3 reasons why Netflix shares are down 20% in 2026
- Negative Sentiment: Several previews suggest a tough quarter and warn that disappointing earnings or guidance could push the stock to its lowest level in nearly two years, keeping bearish sentiment elevated heading into the report. Here’s How Much Traders See Netflix Stock Moving After Earnings This Week
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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