Proathlete Wealth Management LLC Raises Holdings in Netflix, Inc. $NFLX

Proathlete Wealth Management LLC lifted its stake in Netflix, Inc. (NASDAQ:NFLX) by 902.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 13,510 shares of the Internet television network’s stock after acquiring an additional 12,162 shares during the quarter. Netflix makes up approximately 0.3% of Proathlete Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. Proathlete Wealth Management LLC’s holdings in Netflix were worth $1,267,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of NFLX. Brighton Jones LLC boosted its position in Netflix by 5.0% during the fourth quarter. Brighton Jones LLC now owns 5,390 shares of the Internet television network’s stock worth $4,804,000 after purchasing an additional 257 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in Netflix by 16.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 1,023 shares of the Internet television network’s stock worth $912,000 after purchasing an additional 144 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Netflix by 21.2% during the second quarter. Sivia Capital Partners LLC now owns 1,406 shares of the Internet television network’s stock worth $1,883,000 after purchasing an additional 246 shares in the last quarter. Strategic Investment Advisors MI boosted its position in Netflix by 18.9% during the second quarter. Strategic Investment Advisors MI now owns 774 shares of the Internet television network’s stock worth $1,036,000 after purchasing an additional 123 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its position in Netflix by 12.1% during the second quarter. Schnieders Capital Management LLC. now owns 2,115 shares of the Internet television network’s stock worth $2,832,000 after purchasing an additional 228 shares in the last quarter. Hedge funds and other institutional investors own 80.93% of the company’s stock.

Insider Transactions at Netflix

In related news, CFO Spencer Adam Neumann sold 28,630 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total value 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 approximately $7,231,126. This trade represents a 27.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Gregory K. Peters sold 27,312 shares of the stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total value of $2,273,450.88. Following the completion of the sale, the chief executive officer directly owned 122,140 shares of the company’s stock, valued at approximately $10,166,933.60. This represents a 18.27% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,487,794 shares of company stock valued at $136,255,772. 1.37% of the stock is currently owned by company insiders.

Netflix Price Performance

Shares of Netflix stock opened at $92.58 on Wednesday. The business has a 50 day simple moving average of $92.68 and a two-hundred day simple moving average of $98.06. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The stock has a market capitalization of $389.84 billion, a P/E ratio of 29.90, a PEG ratio of 1.25 and a beta of 1.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.19.

Netflix (NASDAQ:NFLX) last announced its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. During the same quarter in the prior year, the firm earned $6.61 earnings per share. The business’s revenue was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. As a group, analysts predict that Netflix, Inc. will post 3.19 EPS for the current fiscal year.

Wall Street Analyst Weigh In

NFLX has been the topic of a number of recent analyst reports. Oppenheimer set a $120.00 price target on Netflix and gave the stock an “outperform” rating in a research report on Friday. Susquehanna upgraded Netflix to a “positive” rating and set a $112.00 price target on the stock in a research report on Wednesday, January 21st. Loop Capital set a $104.00 price target on Netflix in a research report on Tuesday, January 27th. Morgan Stanley reiterated an “overweight” rating on shares of Netflix in a research report on Friday. Finally, Weiss Ratings cut Netflix from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, thirty-four have given a Buy rating and fourteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $114.85.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is in negotiations to buy the historic Radford Studio Center, a move that could lower production costs, give Netflix more control over studio capacity and protect content pipelines — a long‑term margin tailwind. Netflix In Negotiations To Buy Radford Studios
• Positive Sentiment: Wall Street and notable investors are buying the dip: JPMorgan called it a buying opportunity and several firms (Phillip Securities, Seaport Research) raised targets or reiterated buys; ARK/Cathie Wood has been accumulating — these actions support upside vs. the recent pullback. Buy the Dip in Netflix Stock Now, Says JPMorgan Phillip Securities Adjusts Price Target on Netflix Cathie Wood Is Buying Netflix Again
• Neutral Sentiment: Strategic narrative shift — analysts and commentators highlight Netflix’s “pivot to profit” (focus on ad revenue, sports/events, gaming and 2026 margin targets). This supports a longer‑term thesis but requires execution; it’s more a structural positive than an immediate catalyst.
• Negative Sentiment: An Italian court ruled some past price increases unlawful and ordered refunds to subscribers, creating a regulatory/legal headwind that could limit pricing flexibility in Europe and set a precedent for other markets. Italian court rules every Netflix price hike from 2017 to 2024 unlawful
• Negative Sentiment: Near‑term sentiment was hit by softer Q2 guidance and the announced exit of co‑founder Reed Hastings from the board; that guidance miss prompted the recent selloff and remains the primary driver of short‑term downward pressure. Netflix Shares Drop As Soft Outlook, Reed Hastings Exit Weigh On Sentiment

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.