Blue Trust Inc. boosted its position in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 999.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 30,175 shares of the Internet television network’s stock after acquiring an additional 27,430 shares during the period. Blue Trust Inc.’s holdings in Netflix were worth $2,829,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. First Financial Corp IN grew its stake in shares of Netflix by 900.0% in the fourth 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. increased its holdings in Netflix by 885.2% during the 4th quarter. DiNuzzo Private Wealth Inc. now owns 266 shares of the Internet television network’s stock valued at $25,000 after purchasing an additional 239 shares during the period. Imprint Wealth LLC bought a new position in Netflix during the 3rd quarter valued at approximately $25,000. Retirement Wealth Solutions LLC purchased 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 buying an additional 192 shares during the period. Hedge funds and other institutional investors own 80.93% of the company’s stock.
Netflix Trading Up 3.3%
NASDAQ NFLX opened at $98.66 on Friday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.51. Netflix, Inc. has a twelve month low of $75.01 and a twelve month high of $134.12. The firm has a market capitalization of $416.56 billion, a PE ratio of 39.04, a P/E/G ratio of 1.45 and a beta of 1.67. The stock’s 50 day moving average is $88.03 and its 200 day moving average is $99.87.
Wall Street Analyst Weigh In
NFLX has been the topic of a number of recent analyst reports. William Blair reissued an “outperform” rating on shares of Netflix in a research note on Wednesday, January 21st. KeyCorp set a $110.00 price target on Netflix and gave the stock an “overweight” rating in a research note on Friday, January 16th. Erste Group Bank upgraded shares of Netflix from a “hold” rating to a “buy” rating in a report on Tuesday, March 24th. Freedom Capital raised shares of Netflix from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Finally, Morgan Stanley set a $110.00 price objective on shares of Netflix and gave the stock an “overweight” rating in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating and thirteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $114.57.
View Our Latest Stock Analysis on NFLX
Key Headlines Impacting Netflix
Here are the key news stories impacting Netflix this week:
- Positive Sentiment: Company-wide price increases should boost ARPU and near-term revenue; analysts and media largely expect limited subscriber fallout, supporting EPS upside. Read More.
- Positive Sentiment: Analyst and institutional support: President Capital raised its price target and several funds (D.E. Shaw, Paul Tudor Jones cited) are adding exposure — demand from big investors is reinforcing the rally. Read More.
- Positive Sentiment: Large funds are accumulating shares, which can provide price support even as headlines swirl about management and strategy. Read More.
- Neutral Sentiment: Strategic focus on building franchises after losing some bidding contests — indicates long-term content investment but no immediate hits to revenue. Read More.
- Neutral Sentiment: Commercial distribution deals (e.g., EverPass for a major fight) expand non-consumer revenue channels but are modest in scale versus subscription business. Read More.
- Negative Sentiment: Director Reed Hastings sold ~420,550 shares under a pre-arranged 10b5-1 plan (large block, though disclosed as pre-planned), which can alarm some investors when insiders reduce holdings. Read More.
- Negative Sentiment: Big-deal speculation: coverage on a potential US$42.2B Warner Bros-style acquisition raises questions about growth vs. financial discipline and could increase leverage/risk if pursued. Read More.
- Negative Sentiment: Macro sensitivity and valuation risk: some analysts caution that repeated price hikes and a slowing economy could pressure subscriber trends and make NFLX vulnerable if macro weakens. Read More.
Insider Transactions at Netflix
In related news, CFO Spencer Adam Neumann sold 28,630 shares of the business’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $97.00, for a total transaction of $2,777,110.00. Following the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at $7,157,339. The trade was a 27.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Cletus R. Willems sold 3,136 shares of the company’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $82.67, for a total transaction of $259,253.12. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,514,393 shares of company stock worth $138,340,102. 1.37% of the stock is owned by insiders.
Netflix Company Profile
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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