Avantra Family Wealth Inc. Has $1.06 Million Position in Netflix, Inc. $NFLX

Avantra Family Wealth Inc. increased its stake in Netflix, Inc. (NASDAQ:NFLXFree Report) by 935.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 11,278 shares of the Internet television network’s stock after purchasing an additional 10,189 shares during the quarter. Avantra Family Wealth Inc.’s holdings in Netflix were worth $1,057,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Financial Corp IN lifted its holdings in Netflix by 900.0% in the 4th quarter. First Financial Corp IN now owns 270 shares of the Internet television network’s stock worth $25,000 after purchasing an additional 243 shares during the last quarter. DiNuzzo Private Wealth Inc. lifted its holdings in Netflix by 885.2% in the 4th 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 last quarter. Imprint Wealth LLC acquired a new stake in Netflix in the 3rd quarter worth approximately $25,000. Retirement Wealth Solutions LLC acquired a new stake in Netflix in the 3rd quarter worth approximately $28,000. Finally, MB Levis & Associates LLC lifted its holdings in Netflix by 177.8% in the 4th quarter. MB Levis & Associates LLC now owns 300 shares of the Internet television network’s stock worth $28,000 after purchasing an additional 192 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Netflix News Summary

Here are the key news stories impacting Netflix this week:

Netflix Stock Performance

NFLX opened at $98.93 on Tuesday. The stock has a market cap of $417.70 billion, a PE ratio of 39.15, a P/E/G ratio of 1.50 and a beta of 1.67. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. Netflix, Inc. has a 1 year low of $75.01 and a 1 year high of $134.12. The stock’s 50 day simple moving average is $88.55 and its 200-day simple moving average is $99.57.

Netflix (NASDAQ:NFLXGet Free Report) last released 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. The business had revenue of $12.05 billion for the quarter, compared to analysts’ expectations of $11.97 billion. Netflix had a return on equity of 43.26% and a net margin of 24.30%.Netflix’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.43 earnings per share. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Sell-side analysts forecast that Netflix, Inc. will post 24.58 EPS for the current year.

Wall Street Analyst Weigh In

NFLX has been the subject of several analyst reports. Rosenblatt Securities boosted their target price on Netflix from $95.00 to $96.00 and gave the stock a “neutral” rating in a report on Monday. Moffett Nathanson cut their price target on Netflix from $140.00 to $115.00 and set a “buy” rating for the company in a report on Wednesday, January 21st. Guggenheim cut their price target on Netflix from $145.00 to $130.00 and set a “buy” rating for the company in a report on Wednesday, January 21st. Erste Group Bank upgraded Netflix from a “hold” rating to a “buy” rating in a report on Tuesday, March 24th. Finally, Citigroup assumed coverage on Netflix in a report on Wednesday, March 18th. They set a “buy” rating and a $115.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $115.10.

Read Our Latest Report on NFLX

Insider Buying and Selling at Netflix

In other news, Director Reed Hastings sold 420,550 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $95.49, for a total transaction of $40,158,319.50. Following the sale, the director directly owned 3,940 shares in the company, valued at approximately $376,230.60. The trade was a 99.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider David A. Hyman sold 5,727 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $81.06, for a total value of $464,230.62. Following the sale, the insider owned 316,100 shares in the company, valued at approximately $25,623,066. This represents a 1.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,543,023 shares of company stock valued at $141,145,842 in the last quarter. 1.37% of the stock is currently owned by corporate insiders.

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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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