Austin Private Wealth LLC Acquires 6,831 Shares of Netflix, Inc. $NFLX

Austin Private Wealth LLC raised its holdings in Netflix, Inc. (NASDAQ:NFLXFree Report) by 730.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,766 shares of the Internet television network’s stock after buying an additional 6,831 shares during the quarter. Austin Private Wealth LLC’s holdings in Netflix were worth $728,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Netflix by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock valued at $46,183,983,000 after acquiring an additional 142,238 shares in the last quarter. State Street Corp boosted its stake in Netflix by 2.1% during the second quarter. State Street Corp now owns 17,444,013 shares of the Internet television network’s stock worth $23,359,801,000 after acquiring an additional 360,604 shares in the last quarter. Nordea Investment Management AB grew its holdings in Netflix by 886.6% in the fourth quarter. Nordea Investment Management AB now owns 9,667,997 shares of the Internet television network’s stock worth $902,798,000 after purchasing an additional 8,688,113 shares during the period. Assenagon Asset Management S.A. grew its holdings in Netflix by 983.1% in the fourth quarter. Assenagon Asset Management S.A. now owns 6,234,314 shares of the Internet television network’s stock worth $584,529,000 after purchasing an additional 5,658,740 shares during the period. Finally, Invesco Ltd. increased its stake in Netflix by 7.2% in the third quarter. Invesco Ltd. now owns 4,643,749 shares of the Internet television network’s stock valued at $5,567,483,000 after purchasing an additional 313,014 shares in the last quarter. 80.93% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Reed Hastings sold 420,550 shares of the stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total value of $40,158,319.50. Following the completion of the sale, the director directly owned 3,940 shares of the company’s stock, valued at $376,230.60. This represents a 99.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Cletus R. Willems sold 3,136 shares of the firm’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total value of $259,253.12. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,543,023 shares of company stock worth $141,145,842. Company insiders own 1.37% of the company’s stock.

Netflix Price Performance

Shares of NASDAQ NFLX opened at $98.66 on Monday. 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 company has a 50-day moving average price of $88.28 and a 200-day moving average price of $99.72. The stock has a market capitalization of $416.56 billion, a P/E ratio of 39.04, a P/E/G ratio of 1.50 and a beta of 1.67. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12.

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 analysts’ consensus estimates of $0.55 by $0.01. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The company had revenue of $12.05 billion for the quarter, compared to analyst estimates of $11.97 billion. During the same quarter in the prior year, the business posted $0.43 EPS. The firm’s revenue was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. On average, equities research analysts forecast that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have recently weighed in on NFLX. KeyCorp set a $110.00 price objective on shares of Netflix and gave the company an “overweight” rating in a report on Friday, January 16th. Phillip Securities raised Netflix from a “sell” rating to a “moderate buy” rating and boosted their target price for the company from $95.00 to $100.00 in a research report on Monday, January 26th. Weiss Ratings downgraded Netflix from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, January 22nd. Huber Research upgraded Netflix from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 27th. Finally, Erste Group Bank upgraded Netflix from a “hold” rating to a “buy” rating in a report on Tuesday, March 24th. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have assigned a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $114.57.

Get Our Latest Stock Analysis on NFLX

Key Headlines Impacting Netflix

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About Netflix

(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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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