Hantz Financial Services Inc. lifted its position in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 566.2% in the fourth quarter, Holdings Channel reports. The firm owned 176,886 shares of the Internet television network’s stock after acquiring an additional 150,335 shares during the period. Hantz Financial Services Inc.’s holdings in Netflix were worth $16,585,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Van Cleef Asset Management Inc lifted its stake in Netflix by 813.9% in the fourth quarter. Van Cleef Asset Management Inc now owns 5,712 shares of the Internet television network’s stock valued at $536,000 after buying an additional 5,087 shares during the last quarter. Todd Asset Management LLC purchased a new position in shares of Netflix during the fourth quarter worth approximately $19,730,000. Wealthquest Corp acquired a new position in shares of Netflix in the 4th quarter valued at $321,000. Kuhn & Co Investment Counsel raised its position in Netflix by 943.9% in the 4th quarter. Kuhn & Co Investment Counsel now owns 6,827 shares of the Internet television network’s stock valued at $640,000 after purchasing an additional 6,173 shares during the last quarter. Finally, Lathrop Investment Management Co. raised its position in Netflix by 1,192.1% in the 4th quarter. Lathrop Investment Management Co. now owns 2,610 shares of the Internet television network’s stock valued at $245,000 after purchasing an additional 2,408 shares during the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have commented on NFLX shares. Wells Fargo & Company assumed coverage on shares of Netflix in a research note on Monday, March 9th. They issued an “equal weight” rating and a $105.00 price objective on the stock. TD Cowen restated a “buy” rating on shares of Netflix in a research report on Thursday, May 14th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of Netflix in a research report on Wednesday, April 22nd. Piper Sandler reissued an “overweight” rating and issued a $115.00 target price (up from $103.00) on shares of Netflix in a report on Friday, April 17th. Finally, Oppenheimer set a $120.00 price target on Netflix and gave the stock an “outperform” rating in a research note on Friday, April 17th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have issued a Buy rating and sixteen have given a Hold rating to the stock. Based on data from MarketBeat, Netflix has a consensus rating of “Moderate Buy” and an average target price of $114.82.
Insider Buying and Selling
In related news, CFO Spencer Adam Neumann sold 57,260 shares of the firm’s stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $95.50, for a total value of $5,468,330.00. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at $7,046,658.50. This trade represents a 43.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Reed Hastings sold 420,550 shares of Netflix stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the transaction, the director directly owned 3,940 shares of the company’s stock, valued at approximately $376,230.60. This represents a 99.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,422,769 shares of company stock valued at $135,144,073 in the last 90 days. 1.24% of the stock is owned by corporate insiders.
Netflix News Summary
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Netflix’s ad-supported tier has surpassed 250 million monthly viewers, reinforcing the company’s advertising growth story and supporting the bull case for future revenue expansion. Netflix ad-supported tier tops 250M monthly viewers as sports push deepens
- Positive Sentiment: Netflix is deepening its partnership with iHeartMedia by streaming “The Breakfast Club” live daily, a sign it is pushing further into live and podcast-style programming that could broaden engagement and ad inventory. iHeartMedia and Netflix Deepen Partnership with Daily Live Video Stream of The Breakfast Club
- Positive Sentiment: CNBC highlighted Netflix as a “final trade,” suggesting some short-term trading interest from market watchers. IBM, ServiceNow, Netflix And A Basic Materials Stock: CNBC’s ‘Final Trades’
- Neutral Sentiment: BetterInvesting questioned whether Netflix is fairly valued after its recent report, which keeps the stock in “show-me” territory even after strong earnings and revenue growth. BetterInvesting™ Magazine Update on Netflix (NASDAQ: NFLX) and ExlService Holdings Inc. (NASDAQ: EXLS)
- Neutral Sentiment: Analyst commentary noted Netflix as a possible suitor if IMAX is sold, but this is speculative and not a confirmed deal driver. IMAX Potential Suitors Include Netflix, Apple, Wedbush Says
- Negative Sentiment: Canada’s new streaming rules would require Netflix to contribute a larger share of domestic revenue to Canadian content, raising compliance costs for the business. Canada Raises Streaming Content Requirement to 15% for Netflix, Disney, Amazon
- Negative Sentiment: Separate reporting also flagged higher costs from the same Canadian policy change, adding a modest regulatory headwind for Netflix and other streamers. Netflix, Spotify to face higher costs as CRTC changes rules
Netflix Stock Performance
Shares of NFLX stock opened at $88.60 on Monday. 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 simple moving average of $93.88 and a 200-day simple moving average of $93.93. The company has a market cap of $373.08 billion, a price-to-earnings ratio of 28.62, a price-to-earnings-growth ratio of 1.13 and a beta of 1.55. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12.
Netflix (NASDAQ:NFLX – Get Free Report) last posted its quarterly earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business had revenue of $12.25 billion for the quarter, compared to analysts’ expectations of $12.17 billion. During the same period in the prior year, the company posted $6.61 EPS. The business’s revenue for the quarter was up 16.2% on a year-over-year basis. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities analysts forecast that Netflix, Inc. will post 3.6 EPS for the current year.
About Netflix
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.
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