Florida Trust Wealth Management Co Has $6.88 Million Holdings in Netflix, Inc. $NFLX

Florida Trust Wealth Management Co grew its holdings in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 1,547.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 73,398 shares of the Internet television network’s stock after buying an additional 68,944 shares during the period. Florida Trust Wealth Management Co’s holdings in Netflix were worth $6,882,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. First Financial Corp IN lifted its position in shares of Netflix by 900.0% during the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock valued at $25,000 after acquiring an additional 243 shares during the period. DiNuzzo Private Wealth Inc. grew its holdings in Netflix by 885.2% in the fourth quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 239 shares during the period. Imprint Wealth LLC acquired a new stake in Netflix in the third quarter worth $25,000. Retirement Wealth Solutions LLC bought a new stake in Netflix in the third quarter valued at $28,000. Finally, MB Levis & Associates LLC increased its stake in Netflix by 177.8% in the fourth quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock valued at $28,000 after purchasing an additional 192 shares in the last quarter. Institutional investors and hedge funds own 80.93% of the company’s stock.

Netflix Price Performance

Shares of NASDAQ:NFLX opened at $98.66 on Monday. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The company has a market capitalization of $416.56 billion, a PE ratio of 39.04, a price-to-earnings-growth ratio of 1.50 and a beta of 1.67. The business has a fifty day moving average price of $88.28 and a two-hundred day moving average price of $99.72. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.19 and a quick ratio of 1.19.

Netflix (NASDAQ:NFLXGet Free Report) last posted its earnings results on Tuesday, January 20th. The Internet television network reported $0.56 earnings per share (EPS) 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 business had revenue of $12.05 billion for the quarter, compared to analysts’ expectations of $11.97 billion. During the same period in the prior year, the company posted $0.43 EPS. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Analysts forecast that Netflix, Inc. will post 24.58 earnings per share for the current year.

Analyst Ratings Changes

NFLX has been the topic of a number of research analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of Netflix in a research report on Friday, March 27th. Argus decreased their target price on Netflix from $141.00 to $110.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. UBS Group set a $104.00 price target on Netflix in a research note on Tuesday, January 27th. Citigroup assumed coverage on Netflix in a report on Wednesday, March 18th. They issued a “buy” rating and a $115.00 price target on the stock. Finally, William Blair reissued an “outperform” rating on shares of Netflix in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and thirteen have given a Hold rating to the company. According to MarketBeat, Netflix presently has a consensus rating of “Moderate Buy” and an average target price of $114.57.

Get Our Latest Stock Report on Netflix

Insider Buying and Selling

In other news, Director Bradford L. Smith sold 31,790 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $88.86, for a total value of $2,824,859.40. Following the completion of the sale, the director owned 79,690 shares of the company’s stock, valued at approximately $7,081,253.40. This represents a 28.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider David A. Hyman sold 23,439 shares of the company’s stock in a transaction dated 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 owned 316,100 shares of the company’s stock, valued at approximately $27,851,571. The trade was a 6.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,543,023 shares of company stock valued at $141,145,842 in the last three months. 1.37% of the stock is owned by corporate insiders.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

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.

Further Reading

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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