Captrust Financial Advisors Has $107.12 Million Stake in Netflix, Inc. $NFLX

Captrust Financial Advisors boosted its position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 932.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,142,511 shares of the Internet television network’s stock after buying an additional 1,031,820 shares during the quarter. Captrust Financial Advisors’ holdings in Netflix were worth $107,122,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of NFLX. Imprint Wealth LLC bought a new stake in shares of Netflix in the 3rd quarter valued at about $25,000. Bare Financial Services Inc grew its holdings in Netflix by 93.3% during the third quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 14 shares during the period. Horizon Financial Services LLC increased its position in Netflix by 480.0% during the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock worth $35,000 after buying an additional 24 shares during the last quarter. Redmont Wealth Advisors LLC bought a new stake in Netflix in the third quarter valued at approximately $36,000. Finally, Promus Capital LLC bought a new stake in Netflix in the third quarter valued at approximately $48,000. Institutional investors own 80.93% of the company’s stock.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

Insider Activity

In related news, CEO Theodore A. Sarandos sold 27,312 shares of the business’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the transaction, the chief executive officer owned 284,804 shares of the company’s stock, valued at $25,054,207.88. The trade was a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total transaction of $503,993.76. Following the sale, the insider directly owned 316,100 shares of the company’s stock, valued at approximately $27,842,088. This trade represents a 1.78% 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. In the last quarter, insiders sold 1,313,029 shares of company stock worth $120,315,776. 1.24% of the stock is owned by insiders.

Netflix Stock Down 3.6%

NASDAQ NFLX opened at $78.72 on Wednesday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.43. Netflix, Inc. has a 1-year low of $75.01 and a 1-year high of $134.12. The company has a 50 day moving average of $90.19 and a 200-day moving average of $90.65. The company has a market cap of $331.47 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 1.04 and a beta of 1.50.

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, topping 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 for the quarter, compared to the consensus estimate of $12.17 billion. During the same quarter in the prior year, the business posted $6.61 earnings per share. The firm’s quarterly 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. On average, equities research analysts expect that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

NFLX has been the topic of a number of recent analyst reports. Arete Research raised Netflix from a “neutral” rating to a “buy” rating in a report on Friday, February 27th. Weiss Ratings upgraded Netflix from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 4th. Pivotal Research set a $96.00 price objective on shares of Netflix and gave the stock a “hold” rating in a research report on Friday, April 17th. China Renaissance upped their price objective on shares of Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a report on Friday, April 17th. Finally, Cfra raised shares of Netflix from a “hold” rating to a “buy” rating and set a $115.00 price objective on the stock in a research report on Friday, March 6th. Two research analysts have rated the stock with a Strong Buy rating, thirty-four have assigned a Buy rating and sixteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $114.39.

View Our Latest Research Report on NFLX

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.

Featured Stories

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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