Vertrix Wealth Management LLC Invests $1.06 Million in Netflix, Inc. $NFLX

Posted by George Bondi on Jul 2nd, 2026

Vertrix Wealth Management LLC bought a new stake in Netflix, Inc. (NASDAQ:NFLX – Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,048 shares of the Internet television network’s stock, valued at approximately $1,062,000.

Several other hedge funds have also modified their holdings of NFLX. Vanguard Group Inc. grew its position in Netflix by 912.5% in the fourth quarter. Vanguard Group Inc. now owns 390,014,981 shares of the Internet television network’s stock valued at $36,567,805,000 after acquiring an additional 351,493,659 shares in the last quarter. State Street Corp lifted its position in shares of Netflix by 927.6% during the fourth quarter. State Street Corp now owns 176,780,995 shares of the Internet television network’s stock worth $16,574,986,000 after purchasing an additional 159,578,053 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Netflix by 892.0% in the fourth quarter. Geode Capital Management LLC now owns 99,598,678 shares of the Internet television network’s stock valued at $9,305,336,000 after purchasing an additional 89,558,684 shares during the period. Capital World Investors grew its holdings in Netflix by 859.1% during the 4th quarter. Capital World Investors now owns 89,341,444 shares of the Internet television network’s stock valued at $8,376,656,000 after purchasing an additional 80,025,890 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD grew its holdings in Netflix by 685.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 86,058,878 shares of the Internet television network’s stock valued at $8,068,882,000 after purchasing an additional 75,107,069 shares in the last quarter. 80.93% of the stock is currently owned by hedge funds and other institutional investors.

Netflix Trading Up 3.9%

Shares of NASDAQ NFLX opened at $74.19 on Thursday. The stock’s 50 day moving average price is $84.07 and its two-hundred day moving average price is $88.49. Netflix, Inc. has a 52-week low of $70.86 and a 52-week high of $130.23. The stock has a market capitalization of $312.40 billion, a P/E ratio of 23.96, a PEG ratio of 0.91 and a beta of 1.52. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.

Netflix (NASDAQ:NFLX – Get Free Report) last issued its earnings results on Thursday, April 16th. The Internet television network reported $1.23 EPS for the quarter, topping the consensus estimate of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to analyst estimates 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 quarter last year, the firm earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, analysts anticipate that Netflix, Inc. will post 3.6 earnings per share for the current fiscal year.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Some analysts and market commentators argue Netflix looks deeply undervalued after its sharp pullback, citing a low valuation, record revenue, expanding margins, strong free cash flow, and a large share repurchase program that could support the stock. Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
Positive Sentiment: Netflix also gained a distribution boost after landing in Charter’s Spectrum App Store, which could make it easier for customers to buy, activate, or upgrade Netflix plans and widen subscriber access. Netflix Lands Spectrum App Store Deal To Widen Streaming Access
Positive Sentiment: Netflix-related coverage around July streaming lineups highlights upcoming content such as returning titles, which may support engagement and subscriber retention in the near term. Here’s what’s worth streaming in July 2026 on Netflix, Hulu, HBO Max and more
Neutral Sentiment: Netflix-related entertainment news also noted a renewal for the series Nemesis, which is more of a content update than a meaningful financial catalyst. Netflix’s Nemesis Season 2 Renewal Could Be A Major Win For Los Angeles
Negative Sentiment: Shares have also been pressured by broader market weakness and investor concern over the recent sell-off, with multiple articles noting NFLX trading near its 52-week low and well below prior highs. Netflix’s ‘Owning Manhattan’ star Ryan Serhant expands real estate empire to Texas in ‘strategic’ move
Negative Sentiment: News that a filmmaker was sentenced to prison for misusing $11 million of Netflix production funds is negative from a reputational standpoint, though it does not appear to affect current operations directly. Hollywood director jailed for betting Netflix money on crypto

Insider Activity

In other Netflix news, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total transaction of $2,402,636.64. Following the sale, the chief executive officer directly owned 284,804 shares of the company’s stock, valued at approximately $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 9,253 shares of the firm’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.95, for a total transaction of $823,054.35. Following the completion of the transaction, the chief financial officer owned 73,787 shares in the company, valued at approximately $6,563,353.65. The trade was a 11.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 899,839 shares of company stock valued at $80,141,661 over the last three months. 1.24% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have commented on NFLX. Citigroup reiterated a “market perform” rating on shares of Netflix in a report on Thursday, June 18th. Rosenblatt Securities lowered 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. Weiss Ratings lowered Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 26th. Wolfe Research reiterated an “outperform” rating and issued a $107.00 price target on shares of Netflix in a research note on Friday, April 17th. Finally, Citizens Jmp reissued a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Two analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Netflix currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.26.

Read Our Latest Report on Netflix

Netflix Company 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.