Sunbelt Securities Inc. Acquires 34,379 Shares of Netflix, Inc. $NFLX

Posted by Francis Steltz on Jun 19th, 2026

Sunbelt Securities Inc. raised its holdings in shares of Netflix, Inc. (NASDAQ:NFLX – Free Report) by 941.9% in the 4th quarter, HoldingsChannel reports. The firm owned 38,029 shares of the Internet television network’s stock after buying an additional 34,379 shares during the period. Sunbelt Securities Inc.’s holdings in Netflix were worth $3,566,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Cambient Family Office LLC acquired a new stake in shares of Netflix during the 4th quarter worth about $847,000. Atmos Capital Gestao DE Recursos LTDA. lifted its position in Netflix by 1,981.8% during the fourth quarter. Atmos Capital Gestao DE Recursos LTDA. now owns 119,889 shares of the Internet television network’s stock worth $11,241,000 after acquiring an additional 114,130 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its holdings in shares of Netflix by 84.0% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 88,704 shares of the Internet television network’s stock worth $8,317,000 after acquiring an additional 40,503 shares during the period. McLaughlin Asset Management Inc. acquired a new position in shares of Netflix in the fourth quarter valued at approximately $563,000. Finally, Talisman Wealth Advisors LLC increased its stake in shares of Netflix by 852.4% during the fourth quarter. Talisman Wealth Advisors LLC now owns 2,724 shares of the Internet television network’s stock worth $255,000 after purchasing an additional 2,438 shares during the period. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have commented on NFLX shares. Moffett Nathanson decreased their price objective on Netflix from $120.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday. Wedbush reissued an “outperform” rating and set a $118.00 price target on shares of Netflix in a research report on Thursday, April 16th. Oppenheimer set a $120.00 price objective on Netflix and gave the company an “outperform” rating in a report on Friday, April 17th. Raymond James Financial reissued a “market perform” rating on shares of Netflix in a report on Thursday, May 14th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Netflix from $98.00 to $100.00 and gave the company a “hold” rating in a report on Tuesday, April 14th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, sixteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.26.

Check Out Our Latest Report on Netflix

More Netflix News

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Investors are weighing Netflix’s ability to raise prices over time, with coverage highlighting conservative 2027 pricing assumptions and the company’s ad-supported growth as potential upside drivers. Stock Market Today, June 18: Netflix Edges Higher as Investors Weigh Pricing Upside Before Earnings
Positive Sentiment: Some analysts and commentators say NFLX is trading at its cheapest valuation in years, suggesting the recent weakness may create a buying opportunity for long-term investors. NFLX Stock Trades At Its Cheapest Valuation In 4 Years: Shay Boloor Calls It Massive ‘Opportunity’
Neutral Sentiment: Netflix’s upcoming earnings report on July 16 is a major near-term event, and investors are waiting to see whether the company can justify its premium valuation and soft Q2 outlook. Citizens Analyst Remains Cautious on Netflix Stock (NFLX), Cites Lack of ‘Meaningful Near-Term Catalysts’
Negative Sentiment: A director sold 35,990 shares under a pre-arranged trading plan, which may add to investor caution even though the sale was not tied to a sudden negative change in outlook. Director Bradford L. Smith transaction
Negative Sentiment: Several headlines continue to emphasize weak momentum, including concerns about a recent stock slide, lack of near-term catalysts, and uncertainty around content and M&A strategy. Netflix’s stock slide is getting worse

Insider Buying and Selling at Netflix

In other news, Director Reed Hastings sold 420,550 shares of Netflix stock in a transaction dated 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 completion of the transaction, the director directly owned 3,940 shares of the company’s stock, valued at approximately $376,230.60. This trade represents a 99.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Bradford L. Smith sold 35,990 shares of the business’s stock in a transaction on Wednesday, June 17th. The shares were sold at an average price of $77.52, for a total transaction of $2,789,944.80. Following the transaction, the director owned 79,690 shares in the company, valued at $6,177,568.80. The trade was a 31.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,349,019 shares of company stock worth $123,105,721 over the last 90 days. Company insiders own 1.24% of the company’s stock.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $77.38 on Friday. The company has a market cap of $325.83 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 0.98 and a beta of 1.50. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a 50 day simple moving average of $89.32 and a 200 day simple moving average of $90.23.

Netflix (NASDAQ:NFLX – Get Free Report) last issued its 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. The business 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 for the quarter was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Research analysts predict that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

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.