Norris Perne & French LLP MI Increases Stock Position in Netflix, Inc. $NFLX

Norris Perne & French LLP MI lifted its holdings in shares of Netflix, Inc. (NASDAQ:NFLX) by 911.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,880 shares of the Internet television network’s stock after acquiring an additional 8,903 shares during the quarter. Norris Perne & French LLP MI’s holdings in Netflix were worth $926,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of NFLX. First Financial Corp IN lifted its stake in Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares in the last quarter. DiNuzzo Private Wealth Inc. lifted its stake in Netflix by 885.2% in the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares in the last quarter. Imprint Wealth LLC purchased a new stake in Netflix in the 3rd quarter worth approximately $25,000. Retirement Wealth Solutions LLC purchased a new stake in Netflix in the 3rd quarter worth approximately $28,000. Finally, MB Levis & Associates LLC lifted its stake in Netflix by 177.8% in the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after purchasing an additional 192 shares in the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Stock Performance

Shares of NASDAQ NFLX opened at $103.16 on Tuesday. The stock’s 50-day moving average is $90.28 and its 200 day moving average is $98.84. The stock has a market cap of $435.56 billion, a price-to-earnings ratio of 40.82, a P/E/G ratio of 1.56 and a beta of 1.67. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51.

Netflix (NASDAQ:NFLX) last issued its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The business had revenue of $12.05 billion during the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the prior year, the firm earned $0.43 earnings per share. Netflix’s revenue for the quarter was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, sell-side analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Cletus R. Willems sold 3,136 shares of the stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total transaction of $259,253.12. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $98.00, for a total transaction of $2,805,740.00. Following the transaction, the chief financial officer directly owned 73,787 shares in the company, valued at approximately $7,231,126. This represents a 27.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,543,023 shares of company stock worth $141,145,842 in the last ninety days. 1.37% of the stock is currently owned by insiders.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: KeyBanc says Netflix’s advertising tier is scaling faster than anticipated and raised its NFLX forecast, citing stronger ad traction and faster monetization that improve revenue mix prospects. ‘Netflix’s Advertising Tier Is Scaling Faster than Anticipated,’ Says KeyBanc Analyst; Raises NFLX Stock Forecast
• Positive Sentiment: Wedbush lifted its price target to $118 and flagged strong ad momentum heading into Q1, expecting ad revenue and overall results to beat guidance. Wedbush Raises Netflix Stock (NFLX) Price Target Ahead of Q1 Earnings — Sees Strong Ad Momentum
• Positive Sentiment: Deutsche Bank also bumped its price target ahead of Q1, reflecting cautious optimism that pricing power, ad growth and international expansion will continue to drive top-line strength. Netflix Stock (NFLX) Gets a Price Target Boost ahead of Q1 Earnings
• Positive Sentiment: Goldman Sachs upgraded NFLX to Buy (from Neutral) and raised its 12‑month target, increasing institutional confidence in Netflix’s risk/reward given ad upside and sustained subscriber resilience. Goldman Sachs Upgrades Netflix (NFLX) Stock to Buy from Neutral
• Positive Sentiment: Analysts (Benzinga/SeekingAlpha coverage) expect Q1 ad revenues to top $3B and see ad growth as the primary driver of better-than-guidance gross margins and free-cash-flow improvement. Netflix Q1 Preview: Analyst Expects Ad Revenues To Exceed $3 Billion
• Neutral Sentiment: Ted Sarandos made a rare outreach to movie theater owners (CinemaCon attendance), signaling Netflix is exploring theatrical/windowed releases — a potential incremental revenue channel but unlikely to meaningfully affect Q1 results. Netflix Leader Makes Rare Overture to Cinema Owners
• Neutral Sentiment: Multiple earnings previews and buy-side writeups (Zacks, Barron’s, Seeking Alpha) highlight solid subscriber trends, price hikes, and ad momentum but note execution and content cadence are key risks into the print. 3 Quarterly Reports to Watch This Week: NFLX, PEP, TSM
• Negative Sentiment: Report that co‑founder Reed Hastings realized ~$500M in option gains since 2025 may be viewed as insider monetization/timing risk by some investors, creating headline noise ahead of earnings. Netflix co-founder makes shocking $500M move as new fight erupts

Analyst Ratings Changes

NFLX has been the topic of several recent analyst reports. TD Cowen lowered their target price on shares of Netflix from $115.00 to $112.00 and set a “buy” rating on the stock in a research note on Wednesday, January 21st. Robert W. Baird lowered their target price on shares of Netflix from $150.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, January 23rd. Argus lowered their target price on shares of Netflix from $141.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $98.00 target price (up from $95.00) on shares of Netflix in a research note on Wednesday, January 21st. Finally, Wells Fargo & Company started coverage on shares of Netflix in a research note on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $115.50.

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.