Western Wealth Management LLC Grows Stake in Netflix, Inc. $NFLX

Posted by Francis Steltz on Jul 31st, 2026

Western Wealth Management LLC boosted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 39.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 74,925 shares of the Internet television network’s stock after purchasing an additional 21,135 shares during the quarter. Western Wealth Management LLC’s holdings in Netflix were worth $7,204,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in NFLX. Checchi Capital Advisers LLC boosted its holdings in shares of Netflix by 875.7% in the fourth quarter. Checchi Capital Advisers LLC now owns 31,143 shares of the Internet television network’s stock valued at $2,920,000 after buying an additional 27,951 shares during the period. BNC Wealth Management LLC raised its holdings in shares of Netflix by 991.3% during the fourth quarter. BNC Wealth Management LLC now owns 41,229 shares of the Internet television network’s stock worth $3,866,000 after acquiring an additional 37,451 shares during the period. Crew Capital Management Ltd lifted its position in Netflix by 1,021.9% in the 4th quarter. Crew Capital Management Ltd now owns 9,031 shares of the Internet television network’s stock valued at $847,000 after acquiring an additional 8,226 shares in the last quarter. Family Capital Trust Co lifted its position in Netflix by 20,869.5% in the 4th quarter. Family Capital Trust Co now owns 27,470 shares of the Internet television network’s stock valued at $2,576,000 after acquiring an additional 27,339 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Netflix by 912.5% in 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 purchasing an additional 351,493,659 shares during the period. 80.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NFLX has been the subject of a number of research reports. Moffett Nathanson lowered their target price on Netflix from $120.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, June 17th. Citizens Jmp restated a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. CLSA assumed coverage on Netflix in a research report on Monday, July 20th. They set an “outperform” rating for the company. China Renaissance increased their price objective on Netflix from $90.00 to $100.00 and gave the stock a “hold” rating in a report on Friday, April 17th. Finally, Stephens began coverage on Netflix in a research report on Friday, July 17th. They issued an “overweight” rating on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seventeen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $103.48.

View Our Latest Research Report on Netflix

Netflix Stock Down 0.6%

Shares of NFLX stock opened at $73.17 on Friday. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.39. Netflix, Inc. has a 1 year low of $65.08 and a 1 year high of $126.71. The firm’s fifty day moving average price is $77.00 and its two-hundred day moving average price is $85.50. The firm has a market capitalization of $304.68 billion, a P/E ratio of 23.03, a PEG ratio of 0.92 and a beta of 1.52.

Netflix (NASDAQ:NFLX – Get Free Report) last posted its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The company had revenue of $12.56 billion during the quarter, compared to the consensus estimate of $12.58 billion. During the same period in the prior year, the business posted $0.72 EPS. The company’s quarterly revenue was up 13.4% on a year-over-year basis. On average, equities analysts predict that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Gregory K. Peters sold 27,312 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the sale, the chief executive officer owned 120,931 shares in the company, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Reed Hastings sold 386,700 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $85.97, for a total value of $33,244,599.00. Following the transaction, the director directly owned 3,940 shares of the company’s stock, valued at $338,721.80. This trade represents a 98.99% decrease in their ownership of the stock. 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 have sold 492,289 shares of company stock valued at $42,186,530 in the last quarter. 1.24% of the stock is currently owned by corporate insiders.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Netflix signed a reported $500 million global licensing agreement for “The Walking Dead” universe. The deal could support viewing engagement, subscriber retention and advertising revenue, although the content cost will weigh on near-term economics. Netflix lands global streaming deal for The Walking Dead
Positive Sentiment: Netflix’s selective push into live programming is attracting subscribers and boosting engagement and advertising opportunities. The reported agreement to carry the 2027 FIFA Women’s World Cup in the United States and Canada could strengthen its live-content strategy, though the rights reportedly cost about $200 million. Netflix’s Live Content Push
Positive Sentiment: Streaming continues to gain share of television viewing, and one analyst publicly recommended Netflix as an investment idea, offering some support for the long-term growth case. Netflix on CNBC’s Final Trades

Netflix Company Profile

(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.