25,811 Shares in Netflix, Inc. $NFLX Acquired by Hexagon Capital Partners LLC

Hexagon Capital Partners LLC acquired a new position in Netflix, Inc. (NASDAQ:NFLXFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 25,811 shares of the Internet television network’s stock, valued at approximately $2,420,000. Netflix comprises approximately 0.4% of Hexagon Capital Partners LLC’s holdings, making the stock its 22nd largest position.

A number of other hedge funds have also recently added to or reduced their stakes in the company. BOK Financial Private Wealth Inc. increased its holdings in Netflix by 859.7% in the fourth quarter. BOK Financial Private Wealth Inc. now owns 5,077 shares of the Internet television network’s stock worth $476,000 after buying an additional 4,548 shares during the last quarter. Goldenstone Wealth Management LLC acquired a new position in Netflix during the fourth quarter worth $1,537,000. Morling Financial Advisors LLC increased its position in Netflix by 906.0% during the fourth quarter. Morling Financial Advisors LLC now owns 3,370 shares of the Internet television network’s stock worth $316,000 after buying an additional 3,035 shares during the last quarter. FourThought Financial Partners LLC increased its position in Netflix by 806.1% during the fourth quarter. FourThought Financial Partners LLC now owns 9,269 shares of the Internet television network’s stock worth $869,000 after buying an additional 8,246 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in Netflix by 1,142.2% during the fourth quarter. Global Retirement Partners LLC now owns 202,996 shares of the Internet television network’s stock worth $19,033,000 after buying an additional 186,655 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

Wall Street Analyst Weigh In

NFLX has been the topic of several analyst reports. Phillip Securities increased their target price on shares of Netflix from $100.00 to $110.00 in a research report on Monday, April 20th. JPMorgan Chase & Co. reissued a “buy” rating on shares of Netflix in a research report on Wednesday, April 22nd. Wolfe Research reissued an “outperform” rating and set a $107.00 target price on shares of Netflix in a research report on Friday, April 17th. Wedbush reissued an “outperform” rating and set a $118.00 target price on shares of Netflix in a research report on Thursday, April 16th. Finally, Freedom Capital upgraded Netflix from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $114.82.

View Our Latest Research Report on NFLX

Netflix Trading Up 1.4%

Shares of NASDAQ:NFLX opened at $89.30 on Friday. The company has a market cap of $376.02 billion, a P/E ratio of 28.84, a P/E/G ratio of 1.12 and a beta of 1.55. The stock’s 50-day moving average is $94.00 and its 200-day moving average is $94.20. Netflix, Inc. has a 52-week low of $75.01 and a 52-week high of $134.12. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41.

Netflix (NASDAQ:NFLXGet Free Report) last issued its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. The company 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 firm’s revenue was up 16.2% compared to the same quarter last year. During the same period last year, the business posted $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Equities research analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current year.

Insider Buying and Selling

In other news, insider David A. Hyman sold 5,722 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following the sale, the insider owned 316,100 shares in the company, valued at approximately $27,842,088. This trade represents a 1.78% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Theodore A. Sarandos sold 27,312 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the completion of the sale, the chief executive officer owned 284,804 shares in the company, valued at approximately $25,054,207.88. The trade was a 8.75% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 1,422,769 shares of company stock valued at $135,144,073 in the last quarter. Insiders own 1.24% of the company’s stock.

About Netflix

(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.

See Also

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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