Netflix, Inc. $NFLX Shares Acquired by Hoey Investments Inc.

Hoey Investments Inc. lifted its stake in shares of Netflix, Inc. (NASDAQ:NFLX) by 732.2% during the fourth quarter, Holdings Channel reports. The firm owned 6,999 shares of the Internet television network’s stock after buying an additional 6,158 shares during the period. Hoey Investments Inc.’s holdings in Netflix were worth $656,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Netflix by 0.4% during the 3rd quarter. Vanguard Group Inc. now owns 38,521,322 shares of the Internet television network’s stock worth $46,183,983,000 after purchasing an additional 142,238 shares during the period. Baillie Gifford & Co. raised its position in shares of Netflix by 912.3% during the 4th quarter. Baillie Gifford & Co. now owns 36,940,035 shares of the Internet television network’s stock worth $3,463,498,000 after purchasing an additional 33,290,988 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its position in shares of Netflix by 891.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 12,099,908 shares of the Internet television network’s stock worth $1,134,487,000 after purchasing an additional 10,879,276 shares during the period. Nordea Investment Management AB raised its position in shares of Netflix by 886.6% during the 4th quarter. Nordea Investment Management AB now owns 9,667,997 shares of the Internet television network’s stock worth $902,798,000 after purchasing an additional 8,688,113 shares during the period. Finally, Massachusetts Financial Services Co. MA raised its position in shares of Netflix by 430.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,738,241 shares of the Internet television network’s stock worth $631,777,000 after purchasing an additional 5,468,262 shares during the period. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Board authorizes an extra $25 billion share buyback (no expiration), boosting capital returns and supporting the share price. Netflix announces $25 billion share buyback
• Positive Sentiment: Daiwa raised its price target to $102 and kept an outperform rating, signaling some analyst conviction in upside from current levels. Daiwa Securities adjusts price target on Netflix to $102
• Positive Sentiment: JPMorgan reaffirmed a buy stance and investors are pointing to product initiatives (see below) and engagement gains as reasons to stay constructive. JPMorgan keeps Netflix buy rating
• Positive Sentiment: Netflix plans a TikTok?style vertical video feed to capture short?form engagement and funnel viewers into longer content — a potential long?term engagement/monetization tailwind. Netflix Eyes TikTok-Style Feed To Capture ‘Snackable’ Viewing
• Neutral Sentiment: Netflix is in talks to buy Radford Studio Center (historic LA lot) — could lower production costs and secure capacity, but transaction terms/outcome remain uncertain. Netflix In Negotiations To Buy Radford Studios
• Neutral Sentiment: Board recommended voting “no” on two shareholder proposals framed as anti?woke; governance/item resolution is unlikely to move fundamentals materially short term. Netflix Boards Recommends ‘No’ Votes On Two ‘Anti-Woke’ Proposals
• Negative Sentiment: Investors continue to react to the post?earnings sell?off tied to softer guidance despite mixed/solid underlying engagement — the guidance shock remains the primary near?term headwind for the stock. Netflix (NFLX) Stock Plunges 13%: Should Investors Buy the Dip?
• Negative Sentiment: Warner Bros. Discovery shareholders approved the $110B sale to Paramount Skydance — Netflix lost out in the takeover, and industry consolidation could reshape competitive dynamics for content/licensing and future M&A opportunities. Warner Bros Shareholders Approve $110 Billion Paramount Skydance Merger

Netflix Stock Performance

Shares of NFLX stock opened at $92.82 on Friday. Netflix, Inc. has a 12-month low of $75.01 and a 12-month high of $134.12. The firm has a market capitalization of $390.85 billion, a price-to-earnings ratio of 29.98, a price-to-earnings-growth ratio of 1.21 and a beta of 1.67. The business has a 50 day simple moving average of $93.29 and a 200 day simple moving average of $97.74. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.41 and a quick ratio of 1.19.

Netflix (NASDAQ:NFLX) last issued its quarterly earnings data on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. Netflix had a return on equity of 40.92% and a net margin of 28.52%.The business had revenue of $12.25 billion during the quarter, compared to analyst estimates of $12.17 billion. During the same period in the prior year, the company posted $6.61 EPS. The business’s revenue for the quarter was up 16.2% compared to the same quarter last year. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. On average, equities research analysts anticipate that Netflix, Inc. will post 3.53 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Sanford C. Bernstein dropped their price target on Netflix from $115.00 to $110.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. Benchmark reiterated a “hold” rating on shares of Netflix in a research report on Tuesday, January 13th. Royal Bank Of Canada reissued a “hold” rating on shares of Netflix in a report on Wednesday, January 21st. JPMorgan Chase & Co. reissued a “buy” rating on shares of Netflix in a report on Wednesday. Finally, Citizens Jmp reissued a “market perform” rating on shares of Netflix in a report on Wednesday, April 15th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-five have given a Buy rating and fourteen have assigned a Hold rating to the stock. Based on data from MarketBeat, Netflix has an average rating of “Moderate Buy” and an average price target of $114.53.

Insider Transactions at Netflix

In other Netflix news, CFO Spencer Adam Neumann sold 57,260 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $95.50, for a total transaction of $5,468,330.00. Following the completion of the transaction, the chief financial officer directly owned 73,787 shares of the company’s stock, valued at approximately $7,046,658.50. This trade represents a 43.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gregory K. Peters sold 105,781 shares of the stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $82.94, for a total value of $8,773,476.14. Following the transaction, the chief executive officer directly owned 122,140 shares of the company’s stock, valued at approximately $10,130,291.60. The trade was a 46.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,487,794 shares of company stock valued at $136,255,772. Company insiders own 1.37% of the company’s stock.

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.