Brucke Financial Inc. Grows Position in Netflix, Inc. $NFLX

Brucke Financial Inc. grew its holdings in Netflix, Inc. (NASDAQ:NFLXFree Report) by 1,067.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,547 shares of the Internet television network’s stock after buying an additional 8,729 shares during the period. Brucke Financial Inc.’s holdings in Netflix were worth $895,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Imprint Wealth LLC purchased a new stake in Netflix during the 3rd quarter valued at about $25,000. Retirement Wealth Solutions LLC purchased a new position in Netflix in the 3rd quarter worth approximately $28,000. Steph & Co. lifted its stake in Netflix by 188.9% in the 3rd quarter. Steph & Co. now owns 26 shares of the Internet television network’s stock worth $31,000 after purchasing an additional 17 shares in the last quarter. Bare Financial Services Inc boosted its holdings in shares of Netflix by 93.3% during the 3rd quarter. Bare Financial Services Inc now owns 29 shares of the Internet television network’s stock worth $35,000 after purchasing an additional 14 shares during the last quarter. Finally, Horizon Financial Services LLC grew its position in shares of Netflix by 480.0% in the third quarter. Horizon Financial Services LLC now owns 29 shares of the Internet television network’s stock valued at $35,000 after purchasing an additional 24 shares in the last quarter. 80.93% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, insider David A. Hyman sold 23,439 shares of the company’s stock in a transaction on Friday, January 16th. The stock was 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. This represents a 6.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Spencer Adam Neumann sold 57,260 shares of the stock in a transaction on Friday, February 27th. The shares were sold at an average price of $95.50, for a total value of $5,468,330.00. Following the completion of the sale, the chief financial officer owned 73,787 shares in the company, valued at approximately $7,046,658.50. The trade was a 43.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,520,133 shares of company stock valued at $137,259,786. Corporate insiders own 1.37% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on NFLX shares. Citigroup started coverage on Netflix in a research note on Wednesday, March 18th. They issued a “buy” rating and a $115.00 target price for the company. Bank of America lowered their price target on shares of Netflix from $149.00 to $125.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Canaccord Genuity Group set a $125.00 price objective on shares of Netflix and gave the company a “buy” rating in a report on Wednesday, January 21st. New Street Research cut their price objective on shares of Netflix from $100.00 to $96.00 and set a “neutral” rating for the company in a research report on Thursday, January 22nd. Finally, Loop Capital set a $104.00 target price on shares of Netflix in a research note on Tuesday, January 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $114.35.

Get Our Latest Research Report on NFLX

Netflix Trading Down 2.6%

NASDAQ NFLX opened at $90.92 on Wednesday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.19 and a current ratio of 1.19. The firm has a market cap of $383.88 billion, a price-to-earnings ratio of 35.98, a PEG ratio of 1.43 and a beta of 1.68. The firm has a 50 day simple moving average of $86.96 and a 200-day simple moving average of $101.27. Netflix, Inc. has a one year low of $75.01 and a one year high of $134.12.

Netflix (NASDAQ:NFLXGet Free Report) last announced 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. The firm had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $11.97 billion. Netflix had a net margin of 24.30% and a return on equity of 43.26%. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 EPS. Netflix has set its Q1 2026 guidance at 0.760-0.760 EPS. Equities research analysts anticipate that Netflix, Inc. will post 24.58 EPS for the current fiscal year.

Netflix News Roundup

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.

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Institutional Ownership by Quarter for Netflix (NASDAQ:NFLX)

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