Institute for Wealth Management LLC. Buys 37,259 Shares of Netflix, Inc. $NFLX

Institute for Wealth Management LLC. grew its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 897.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 41,409 shares of the Internet television network’s stock after acquiring an additional 37,259 shares during the quarter. Institute for Wealth Management LLC.’s holdings in Netflix were worth $3,883,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in NFLX. 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. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Netflix by 891.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network’s stock worth $1,134,487,000 after acquiring an additional 10,879,276 shares during the period. Nordea Investment Management AB lifted its holdings in shares of Netflix by 886.6% during the 4th quarter. Nordea Investment Management AB now owns 9,667,997 shares of the Internet television network’s stock worth $902,798,000 after acquiring an additional 8,688,113 shares during the period. Assenagon Asset Management S.A. lifted its position in shares of Netflix by 983.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 6,234,314 shares of the Internet television network’s stock worth $584,529,000 after buying an additional 5,658,740 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of Netflix by 430.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,738,241 shares of the Internet television network’s stock worth $631,777,000 after buying an additional 5,468,262 shares during the last quarter. Institutional investors own 80.93% of the company’s stock.

Netflix Trading Down 9.7%

Shares of NFLX stock opened at $97.31 on Friday. The stock has a market cap of $410.86 billion, a price-to-earnings ratio of 31.43, a PEG ratio of 1.60 and a beta of 1.67. The stock has a 50-day moving average of $92.20 and a 200-day moving average of $98.55. 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, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 43.01%. The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. During the same period in the prior year, the company posted $6.61 earnings per share. Netflix’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Rosenblatt Securities dropped their price objective on Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday. JPMorgan Chase & Co. dropped their price objective on shares of Netflix from $120.00 to $118.00 and set an “overweight” rating for the company in a research note on Friday. Canaccord Genuity Group set a $125.00 price objective on shares of Netflix and gave the company a “buy” rating in a research note on Wednesday, January 21st. Needham & Company LLC reissued a “buy” rating on shares of Netflix in a research note on Friday. Finally, Erste Group Bank raised shares of Netflix from a “hold” rating to a “buy” rating in a research note on Tuesday, March 24th. Two analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, Netflix has an average rating of “Moderate Buy” and an average target price of $114.73.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Q1 results beat expectations — revenue of $12.25B and GAAP EPS of $1.23 topped consensus, driven by subscription pricing, ad revenue growth and margin expansion; these fundamentals underpin many analyst “buy the dip” calls. Q1 results detail
• Positive Sentiment: Longer‑term growth levers remain: management emphasized live sports discussions (NFL interest) and continued ad‑tier expansion; analysts who stayed bullish point to strong cash generation and ad upside. Live sports / NFL rights
• Neutral Sentiment: Product/tech roadmap: Netflix plans a TikTok‑style vertical feed and broader AI use for recommendations — positive for engagement but not an immediate revenue catalyst. TechCrunch: vertical feed
• Negative Sentiment: Q2 guidance disappointed — the company issued Q2 EPS/revenue guidance below consensus (management cited slower near‑term growth and margin pressure), which shifted focus from the quarter to the outlook and trimmed near‑term expectations. Reuters: downbeat Q2 forecast
• Negative Sentiment: Leadership change spooked the market — Reed Hastings announced he will not stand for re‑election to the board, prompting concern about governance continuity amid a strategic pivot after the failed Warner Bros. bid. That exit amplified the selloff. Deadline: Hastings exit
• Negative Sentiment: Analyst reaction and price‑target moves were mixed-to-negative — several firms trimmed targets or moved to neutral/hold citing valuation and near‑term growth deceleration, increasing downward pressure. Invezz: analyst reactions

Insider Buying and Selling at Netflix

In related news, insider Cletus R. Willems sold 3,136 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total transaction of $259,253.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Spencer Adam Neumann sold 28,630 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total transaction of $2,805,740.00. Following the completion of the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at $7,231,126. The trade was a 27.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,487,794 shares of company stock valued at $136,255,772 over the last ninety days. Insiders own 1.37% of the company’s stock.

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.