Virtue Asset Management LLC raised its stake in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 935.7% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 10,108 shares of the Internet television network’s stock after acquiring an additional 9,132 shares during the quarter. Virtue Asset Management LLC’s holdings in Netflix were worth $948,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Elm Partners Management LLC raised its position in shares of Netflix by 447.6% in the fourth quarter. Elm Partners Management LLC now owns 9,763 shares of the Internet television network’s stock valued at $915,000 after purchasing an additional 7,980 shares during the period. Waterloo Capital L.P. boosted its holdings in shares of Netflix by 755.5% during the 4th quarter. Waterloo Capital L.P. now owns 38,062 shares of the Internet television network’s stock worth $3,569,000 after buying an additional 33,613 shares during the period. Hazlett Burt & Watson Inc. grew its stake in Netflix by 936.2% in the 4th quarter. Hazlett Burt & Watson Inc. now owns 13,865 shares of the Internet television network’s stock valued at $1,305,000 after buying an additional 12,527 shares during the last quarter. Nomura Asset Management Co. Ltd. grew its stake in Netflix by 885.8% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 2,152,742 shares of the Internet television network’s stock valued at $201,841,000 after buying an additional 1,934,359 shares during the last quarter. Finally, Portland Global Advisors LLC raised its holdings in Netflix by 902.5% in the 4th quarter. Portland Global Advisors LLC now owns 15,980 shares of the Internet television network’s stock worth $1,498,000 after acquiring an additional 14,386 shares during the period. Institutional investors and hedge funds own 80.93% of the company’s stock.
Key Headlines Impacting Netflix
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Multiple reports say Netflix’s ad business is gaining traction, with 2026 ad revenue projected near $3 billion as new formats, live events, and ad-tech tools expand monetization. Netflix’s Ad Business Expansion Continues: More Upside Ahead?
- Positive Sentiment: Netflix reportedly acquired Ben Affleck’s AI startup InterPositive, which could automate parts of filmmaking and lower production costs, supporting margins over time. Netflix Buys Affleck AI Startup InterPositive To Reshape Content Economics
- Positive Sentiment: Several commentary pieces argue Netflix is a buying opportunity, citing upside from ad-tier growth and improving free cash flow, with some analysts reiterating bullish ratings and higher price targets. 3 Reasons to Buy Netflix Stock in June
- Neutral Sentiment: Other articles highlight Netflix as a laggard versus entertainment peers, suggesting the stock may need execution to catch up rather than already reflecting a clear fundamental breakout. How Is Netflix’s Stock Performance Compared to Other Entertainment Stocks?
- Neutral Sentiment: Coverage linking Netflix to streaming perks and broader media/advertising themes is supportive but not a direct company-specific catalyst. Best credit cards with streaming perks for June 2026: Save on Netflix, Hulu, and more
Netflix Stock Performance
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. The firm had revenue of $12.25 billion for the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The business’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $6.61 earnings per share. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Sell-side analysts expect that Netflix, Inc. will post 3.6 EPS for the current year.
Analysts Set New Price Targets
A number of research analysts have weighed in on the stock. Sanford C. Bernstein reissued a “buy” rating on shares of Netflix in a research report on Thursday, May 14th. TD Cowen reiterated a “buy” rating on shares of Netflix in a research note on Thursday, May 14th. Guggenheim restated a “buy” rating and set a $120.00 target price on shares of Netflix in a research note on Friday, May 15th. Deutsche Bank Aktiengesellschaft lifted their price target on Netflix from $98.00 to $100.00 and gave the stock a “hold” rating in a research report on Tuesday, April 14th. Finally, Raymond James Financial reiterated a “market perform” rating on shares of Netflix in a report on Thursday, May 14th. Two equities 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 company’s stock. Based on data from MarketBeat.com, Netflix currently has a consensus rating of “Moderate Buy” and a consensus target price of $114.82.
Get Our Latest Analysis on NFLX
Insider Buying and Selling at Netflix
In related news, insider David A. Hyman sold 5,722 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $88.08, for a total value of $503,993.76. Following the completion of the transaction, the insider owned 316,100 shares of the company’s stock, valued at $27,842,088. This represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Gregory K. Peters sold 27,312 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.69, for a total transaction of $2,422,301.28. Following the transaction, the chief executive officer owned 120,931 shares of the company’s stock, valued at approximately $10,725,370.39. This represents a 18.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 926,329 shares of company stock worth $87,071,177 in the last 90 days. 1.24% of the stock is currently owned by insiders.
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.
Featured Articles
- Five stocks we like better than Netflix
- Palantir Stock Faces Technical Pressure Despite Strong AI Growth
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLX – Free Report).
Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.
