KMG Fiduciary Partners LLC Has $4.63 Million Stock Holdings in Netflix, Inc. $NFLX

Posted by Brenda Bartman on Aug 11th, 2026

KMG Fiduciary Partners LLC raised its position in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 38.4% during the second quarter, Holdings Channel reports. The institutional investor owned 64,858 shares of the Internet television network’s stock after buying an additional 17,991 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in Netflix were worth $4,631,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Imprint Wealth LLC acquired a new position in shares of Netflix during the third quarter valued at $25,000. Wealth Watch Advisors INC acquired a new stake in Netflix in the third quarter worth about $103,000. Strategic Wealth Investment Group LLC bought a new stake in Netflix during the 2nd quarter worth about $121,000. Wiser Advisor Group LLC acquired a new position in Netflix during the 3rd quarter valued at about $114,000. Finally, Beaird Harris Wealth Management LLC lifted its position in Netflix by 9.6% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 114 shares of the Internet television network’s stock valued at $137,000 after purchasing an additional 10 shares during the period. 80.93% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Richard N. Barton sold 2,160 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $75.10, for a total transaction of $162,216.00. Following the completion of the transaction, the director directly owned 246 shares in the company, valued at approximately $18,474.60. This trade represents a 89.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,723 shares of Netflix stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $72.85, for a total value of $416,920.55. Following the completion of the sale, the insider directly owned 316,100 shares in the company, valued at approximately $23,027,885. This 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. Over the last quarter, insiders sold 600,295 shares of company stock valued at $49,056,671. Corporate insiders own 1.24% of the company’s stock.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

Positive Sentiment: Netflix said its U.S. advertising commitments for 2026 nearly doubled from the prior year during its Upfront negotiations. The announcement suggests growing advertiser demand and supports expectations that the company’s ad-supported business can become a more meaningful revenue and profit contributor. Netflix Wraps Upfront, Volume Nearly Doubled
Positive Sentiment: Several market commentators highlighted potential upside after Netflix’s steep pullback. One analysis pointed to possible earnings catalysts and continued purchasing, while another said analysts see substantial appreciation potential based on buy ratings and price targets well above current levels. Netflix Is Down 42% From Its High Down but Not Out: Analysts See 40% Upside in Netflix
Positive Sentiment: Netflix was also selected as a “Final Trade” on CNBC’s Halftime Report, adding to near-term positive investor attention. CNBC Final Trades
Neutral Sentiment: Commentary remains divided over Netflix’s long-term dominance and its premium valuation relative to Disney. The debate centers on whether Netflix’s more predictable streaming growth and emerging advertising business justify the higher multiple. Is Netflix’s Long-Term Dominance Under Threat?
Negative Sentiment: CFO Spencer Adam Neumann sold 9,248 shares for approximately $701,000, reducing his holdings by 11.14%. While insider sales do not necessarily indicate a change in business outlook, the transaction may weigh modestly on sentiment. Netflix SEC Form 4 Filing

Wall Street Analyst Weigh In

NFLX has been the subject of several analyst reports. Weiss Ratings cut shares of Netflix from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 26th. Moffett Nathanson reduced their price objective on shares of Netflix from $120.00 to $115.00 and set a “buy” rating on the stock in a research note on Wednesday, June 17th. JPMorgan Chase & Co. lowered their target price on shares of Netflix from $118.00 to $85.00 and set an “overweight” rating for the company in a report on Friday, July 17th. New Street Research upped their target price on shares of Netflix from $96.00 to $102.00 in a research report on Friday, April 17th. Finally, DZ Bank reissued a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Netflix presently has an average rating of “Moderate Buy” and an average price target of $103.48.

View Our Latest Research Report on NFLX

Netflix Trading Up 2.9%

Shares of NASDAQ:NFLX opened at $76.29 on Tuesday. The firm has a market cap of $317.67 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 0.93 and a beta of 1.52. Netflix, Inc. has a 12 month low of $65.08 and a 12 month high of $126.71. The company’s fifty day simple moving average is $75.13 and its 200 day simple moving average is $84.78. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.39.

Netflix (NASDAQ:NFLX – Get Free Report) last announced its earnings results on Thursday, July 16th. The Internet television network reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The firm had revenue of $12.56 billion during the quarter, compared to analyst estimates of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The company’s revenue for the quarter was up 13.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.72 EPS. As a group, research analysts forecast that Netflix, Inc. will post 3.59 EPS for the current fiscal year.

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.