Netflix, Inc. $NFLX Stock Position Increased by World Investment Advisors

World Investment Advisors increased its position in Netflix, Inc. (NASDAQ:NFLXFree Report) by 26.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 102,281 shares of the Internet television network’s stock after buying an additional 21,287 shares during the quarter. World Investment Advisors’ holdings in Netflix were worth $9,834,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Canal Capital Management LLC grew its stake in shares of Netflix by 34.6% in the 1st quarter. Canal Capital Management LLC now owns 6,182 shares of the Internet television network’s stock worth $594,000 after purchasing an additional 1,590 shares during the last quarter. PAX Financial Group LLC lifted its stake in Netflix by 2.5% during the first quarter. PAX Financial Group LLC now owns 4,847 shares of the Internet television network’s stock valued at $466,000 after purchasing an additional 116 shares during the last quarter. First Dallas Securities Inc. lifted its stake in Netflix by 143.4% during the first quarter. First Dallas Securities Inc. now owns 11,438 shares of the Internet television network’s stock valued at $1,100,000 after purchasing an additional 6,738 shares during the last quarter. 4WEALTH Advisors Inc. boosted its holdings in Netflix by 49.2% during the first quarter. 4WEALTH Advisors Inc. now owns 6,488 shares of the Internet television network’s stock worth $603,000 after buying an additional 2,139 shares in the last quarter. Finally, Argos Wealth Advisors LLC boosted its holdings in Netflix by 79.8% during the first quarter. Argos Wealth Advisors LLC now owns 4,844 shares of the Internet television network’s stock worth $466,000 after buying an additional 2,150 shares in the last quarter. Institutional investors own 80.93% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on NFLX. TD Cowen reaffirmed a “buy” rating on shares of Netflix in a report on Thursday, May 14th. Weiss Ratings lowered Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 26th. New Street Research lifted their target price on Netflix from $96.00 to $102.00 in a report on Friday, April 17th. Citic Securities boosted their target price on Netflix from $95.00 to $107.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. Finally, Wells Fargo & Company started coverage on Netflix in a report on Monday, March 9th. They set an “equal weight” rating and a $105.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, sixteen have given 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 an average target price of $114.26.

Check Out Our Latest Research Report on Netflix

Netflix Stock Performance

Netflix stock opened at $77.65 on Friday. Netflix, Inc. has a 52 week low of $70.86 and a 52 week high of $130.23. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market capitalization of $326.97 billion, a price-to-earnings ratio of 25.08, a P/E/G ratio of 0.99 and a beta of 1.52. The company has a 50 day moving average price of $83.46 and a 200 day moving average price of $88.29.

Netflix (NASDAQ:NFLXGet Free Report) last announced its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.47. The company 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 company’s revenue was up 16.2% on a year-over-year basis. During the same period in the previous year, the business earned $6.61 EPS. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Research analysts forecast that Netflix, Inc. will post 3.6 EPS for the current year.

Netflix News Roundup

Here are the key news stories impacting Netflix this week:

Insider Transactions at Netflix

In related news, CFO Spencer Adam Neumann sold 9,253 shares of the stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $88.95, for a total value of $823,054.35. Following the completion of the sale, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $6,563,353.65. This represents a 11.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David A. Hyman sold 5,722 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $88.08, for a total value of $503,993.76. Following the sale, the insider owned 316,100 shares of the company’s stock, valued at $27,842,088. The trade was a 1.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 899,839 shares of company stock worth $80,141,661. 1.24% of the stock is currently owned by company insiders.

Netflix 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.

See Also

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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