Carr Financial Group Corp Acquires 8,633 Shares of Netflix, Inc. $NFLX

Carr Financial Group Corp lifted its holdings in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 896.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,596 shares of the Internet television network’s stock after acquiring an additional 8,633 shares during the quarter. Carr Financial Group Corp’s holdings in Netflix were worth $900,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of NFLX. Natural Investments LLC increased its position in shares of Netflix by 0.5% during the 3rd quarter. Natural Investments LLC now owns 1,668 shares of the Internet television network’s stock valued at $1,999,000 after purchasing an additional 9 shares during the last quarter. Hengehold Capital Management LLC raised its stake in shares of Netflix by 3.3% during the 3rd quarter. Hengehold Capital Management LLC now owns 282 shares of the Internet television network’s stock worth $338,000 after purchasing an additional 9 shares during the period. Financial Partners Group Inc boosted its holdings in shares of Netflix by 0.9% in the 3rd quarter. Financial Partners Group Inc now owns 969 shares of the Internet television network’s stock worth $1,162,000 after buying an additional 9 shares during the last quarter. Seascape Capital Management boosted its holdings in shares of Netflix by 1.6% in the 3rd quarter. Seascape Capital Management now owns 568 shares of the Internet television network’s stock worth $681,000 after buying an additional 9 shares during the last quarter. Finally, Crews Bank & Trust grew its position in Netflix by 5.8% during the third quarter. Crews Bank & Trust now owns 164 shares of the Internet television network’s stock valued at $197,000 after buying an additional 9 shares during the period. 80.93% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Reed Hastings sold 426,290 shares of Netflix stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $91.67, for a total value of $39,078,004.30. Following the completion of the transaction, the director directly owned 3,940 shares in the company, valued at approximately $361,179.80. The trade was a 99.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider David A. Hyman sold 23,439 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $88.11, for a total transaction of $2,065,210.29. Following the sale, the insider directly owned 316,100 shares in the company, valued at $27,851,571. The trade was a 6.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,520,133 shares of company stock worth $137,259,786 in the last three months. Insiders own 1.37% of the company’s stock.

More Netflix News

Here are the key news stories impacting Netflix this week:

Netflix Price Performance

NASDAQ NFLX opened at $93.38 on Tuesday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. The company has a market cap of $394.27 billion, a PE ratio of 36.95, a price-to-earnings-growth ratio of 1.41 and a beta of 1.68. Netflix, Inc. has a 52 week low of $75.01 and a 52 week high of $134.12. The firm’s 50-day simple moving average is $86.95 and its two-hundred day simple moving average is $101.49.

Netflix (NASDAQ:NFLXGet Free Report) last posted its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The firm had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $11.97 billion. During the same quarter last year, the company earned $0.43 earnings per share. The company’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. Research analysts predict that Netflix, Inc. will post 24.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the stock. Piper Sandler restated a “positive” rating and set a $103.00 price objective (down from $140.00) on shares of Netflix in a report on Wednesday, January 21st. KeyCorp set a $110.00 target price on shares of Netflix and gave the company an “overweight” rating in a research note on Friday, January 16th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $98.00 target price (up from $95.00) on shares of Netflix in a research report on Wednesday, January 21st. Citigroup initiated coverage on shares of Netflix in a research note on Wednesday, March 18th. They set a “buy” rating and a $115.00 price target for the company. Finally, Loop Capital set a $104.00 price target on shares of Netflix in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $114.35.

View Our Latest Stock 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.

See Also

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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