Netflix, Inc. $NFLX Shares Purchased by Coastline Trust Co

Coastline Trust Co increased its holdings in Netflix, Inc. (NASDAQ:NFLXFree Report) by 897.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 129,772 shares of the Internet television network’s stock after buying an additional 116,763 shares during the quarter. Netflix comprises 1.1% of Coastline Trust Co’s portfolio, making the stock its 22nd largest holding. Coastline Trust Co’s holdings in Netflix were worth $12,167,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in NFLX. Imprint Wealth LLC bought a new stake in shares of Netflix in the 3rd quarter worth $25,000. Retirement Wealth Solutions LLC acquired a new stake in Netflix during the 3rd quarter valued at $28,000. Steph & Co. lifted its stake in Netflix by 188.9% in the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after acquiring an additional 17 shares in the last quarter. Bare Financial Services Inc lifted its position in Netflix by 93.3% in the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after buying an additional 14 shares in the last quarter. Finally, Horizon Financial Services LLC grew its stake in Netflix by 480.0% in the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after purchasing an additional 24 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Netflix Price Performance

Shares of NFLX stock opened at $91.75 on Friday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19. The stock’s fifty day simple moving average is $86.82 and its 200 day simple moving average is $101.89. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12. The firm has a market cap of $387.38 billion, a price-to-earnings ratio of 36.31, a P/E/G ratio of 1.45 and a beta of 1.68.

Netflix (NASDAQ:NFLXGet Free Report) last issued its quarterly earnings data on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.01. Netflix had a return on equity of 43.26% and a net margin of 24.30%.The company had revenue of $12.05 billion during the quarter, compared to analysts’ expectations of $11.97 billion. During the same period last year, the business earned $0.43 earnings per share. The business’s revenue was up 17.6% on a year-over-year basis. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, analysts expect that Netflix, Inc. will post 24.58 earnings per share for the current fiscal year.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

Insider Activity at Netflix

In other news, insider Cletus R. Willems sold 3,136 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total value of $259,253.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Gregory K. Peters sold 27,312 shares of Netflix stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $83.24, for a total value of $2,273,450.88. Following the completion of the transaction, the chief executive officer directly owned 122,140 shares of the company’s stock, valued at $10,166,933.60. This represents a 18.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,520,133 shares of company stock valued at $137,259,786. Insiders own 1.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on NFLX. Canaccord Genuity Group set a $125.00 price target on shares of Netflix and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Jefferies Financial Group reissued a “buy” rating on shares of Netflix in a research report on Friday, February 27th. Wedbush reaffirmed an “outperform” rating and set a $115.00 target price on shares of Netflix in a research report on Friday, February 20th. Citigroup started coverage on shares of Netflix in a report on Wednesday. They issued a “buy” rating and a $115.00 price target for the company. Finally, JPMorgan Chase & Co. started coverage on Netflix in a research note on Monday, March 2nd. They set an “overweight” rating and a $120.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $114.35.

Read Our Latest Stock Report on Netflix

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.

Further Reading

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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