Netflix, Inc. $NFLX Shares Purchased by Wrapmanager Inc.

Posted by Geri Gentry on May 22nd, 2026

Wrapmanager Inc. boosted its stake in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 753.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,532 shares of the Internet television network’s stock after acquiring an additional 11,946 shares during the quarter. Wrapmanager Inc.’s holdings in Netflix were worth $1,269,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Apriem Advisors boosted its holdings in Netflix by 0.6% in the 3rd quarter. Apriem Advisors now owns 1,567 shares of the Internet television network’s stock worth $1,879,000 after acquiring an additional 9 shares during the period. Tortoise Investment Management LLC boosted its holdings in Netflix by 10.8% in the 3rd quarter. Tortoise Investment Management LLC now owns 92 shares of the Internet television network’s stock worth $110,000 after acquiring an additional 9 shares during the period. Brass Tax Wealth Management Inc. boosted its holdings in Netflix by 3.2% in the 3rd quarter. Brass Tax Wealth Management Inc. now owns 288 shares of the Internet television network’s stock worth $345,000 after acquiring an additional 9 shares during the period. Pacific Sun Financial Corp boosted its holdings in Netflix by 1.6% in the 3rd quarter. Pacific Sun Financial Corp now owns 574 shares of the Internet television network’s stock worth $688,000 after acquiring an additional 9 shares during the period. Finally, CVA Family Office LLC boosted its holdings in Netflix by 1.0% in the 3rd quarter. CVA Family Office LLC now owns 1,043 shares of the Internet television network’s stock worth $1,250,000 after acquiring an additional 10 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Netflix’s ad-supported tier has surpassed 250 million monthly viewers, signaling accelerating ad revenue opportunities as the company deepens its sports and international push. Netflix ad-supported tier tops 250M monthly viewers as sports push deepens
Positive Sentiment: Netflix is expanding into daily live programming by streaming iHeartMedia’s The Breakfast Club, reinforcing its push beyond on-demand video into more engagement-heavy content formats. iHeartMedia and Netflix Deepen Partnership with Daily Live Video Stream of The Breakfast Club
Positive Sentiment: Co-founder Reed Hastings said entertainment is likely to be among the least affected by AI, which supports confidence in Netflix’s core content model and the durability of human-driven storytelling. Netflix Co-Founder Reed Hastings Says Entertainment Will Be Least Affected As AI Fears Rise
Neutral Sentiment: Commentary comparing Netflix with Disney highlighted Netflix’s steadier revenue growth, but it was more of an industry comparison than a direct new catalyst for the stock. Walt Disney vs. Netflix: What Recent Revenue Trends Reveal
Negative Sentiment: Some recent coverage questioned whether Netflix is already pricing in too much growth after its recent share-price slide, reflecting valuation concerns that could weigh on sentiment if momentum stalls. Is Netflix (NFLX) Now Pricing In Too Much Growth After Recent Share Price Slide

Insider Activity

In related news, 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 transaction, the chief executive officer directly owned 284,804 shares in the company, valued at $25,054,207.88. This trade represents a 8.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider David A. Hyman sold 5,722 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the transaction, the insider owned 316,100 shares in the company, valued at $27,842,088. This trade represents a 1.78% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 over the last three months. 1.24% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

NFLX has been the subject of a number of analyst reports. Oppenheimer set a $120.00 price target on Netflix and gave the stock an “outperform” rating in a report on Friday, April 17th. New Street Research upped their price target on Netflix from $96.00 to $102.00 in a report on Friday, April 17th. HSBC upped their price target on Netflix from $106.00 to $114.00 and gave the stock a “buy” rating in a report on Friday, April 10th. Rosenblatt Securities reduced their target price on Netflix from $96.00 to $95.00 and set a “neutral” rating for the company in a research note on Friday, April 17th. Finally, Loop Capital set a $104.00 target price on Netflix in a research note on Tuesday, January 27th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $114.82.

Check Out Our Latest Report on NFLX

Netflix Stock Performance

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

Netflix (NASDAQ:NFLX – Get Free Report) last released its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, beating the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to analysts’ expectations of $12.17 billion. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business’s revenue was up 16.2% on a year-over-year basis. During the same period in the prior year, the business posted $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts expect that Netflix, Inc. will post 3.6 EPS for the current fiscal year.

Netflix 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.