Annex Advisory Services LLC Purchases 7,528 Shares of Netflix, Inc. $NFLX

Annex Advisory Services LLC boosted its position in shares of Netflix, Inc. (NASDAQ:NFLXFree Report) by 956.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,315 shares of the Internet television network’s stock after purchasing an additional 7,528 shares during the quarter. Annex Advisory Services LLC’s holdings in Netflix were worth $780,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Abundance Wealth Counselors boosted its stake in shares of Netflix by 885.9% in the 4th quarter. Abundance Wealth Counselors now owns 29,380 shares of the Internet television network’s stock valued at $2,755,000 after purchasing an additional 26,400 shares during the last quarter. San Luis Wealth Advisors LLC boosted its stake in shares of Netflix by 996.9% in the 4th quarter. San Luis Wealth Advisors LLC now owns 48,032 shares of the Internet television network’s stock valued at $4,503,000 after purchasing an additional 43,653 shares during the last quarter. Steinberganna Wealth Management boosted its stake in shares of Netflix by 888.4% in the 4th quarter. Steinberganna Wealth Management now owns 2,560 shares of the Internet television network’s stock valued at $240,000 after purchasing an additional 2,301 shares during the last quarter. Grandview Asset Management LLC boosted its stake in shares of Netflix by 851.1% in the 4th quarter. Grandview Asset Management LLC now owns 30,472 shares of the Internet television network’s stock valued at $2,857,000 after purchasing an additional 27,268 shares during the last quarter. Finally, Bernardo Wealth Planning LLC boosted its stake in shares of Netflix by 895.1% in the 4th quarter. Bernardo Wealth Planning LLC now owns 5,523 shares of the Internet television network’s stock valued at $518,000 after purchasing an additional 4,968 shares during the last quarter. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Netflix

Here are the key news stories impacting Netflix this week:

Insider Transactions at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 28,630 shares of Netflix stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $98.00, for a total value of $2,805,740.00. Following the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at $7,231,126. This trade represents a 27.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Cletus R. Willems sold 3,136 shares of Netflix stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $82.67, for a total value of $259,253.12. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,511,233 shares of company stock worth $138,320,982. 1.37% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on NFLX. Citigroup began coverage on shares of Netflix in a research note on Wednesday, March 18th. They issued a “buy” rating and a $115.00 target price on the stock. KeyCorp reissued an “overweight” rating and issued a $115.00 price target (up from $108.00) on shares of Netflix in a research note on Tuesday. Argus cut their price target on Netflix from $141.00 to $110.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. The Goldman Sachs Group raised Netflix from a “neutral” rating to a “buy” rating in a research note on Monday. Finally, Benchmark reissued a “hold” rating on shares of Netflix in a research note on Tuesday, January 13th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $115.80.

Read Our Latest Stock Analysis on Netflix

Netflix Stock Performance

Shares of Netflix stock opened at $107.71 on Thursday. The company has a market capitalization of $454.77 billion, a PE ratio of 42.62, a PEG ratio of 1.61 and a beta of 1.67. Netflix, Inc. has a 12 month low of $75.01 and a 12 month high of $134.12. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.51. The stock’s fifty day simple moving average is $91.36 and its 200 day simple moving average is $98.65.

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

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.

Featured Articles

Want to see what other hedge funds are holding NFLX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Netflix, Inc. (NASDAQ:NFLXFree Report).

Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

Receive News & Ratings for Netflix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Netflix and related companies with MarketBeat.com's FREE daily email newsletter.